Delta Galil Industries (XTAE:DELG) Debt-to-Equity : 0.68 (As of Sep. 2024)

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What is Delta Galil Industries Debt-to-Equity?

Delta Galil Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪406 Mil. Delta Galil Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪1,499 Mil. Delta Galil Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₪2,787 Mil. Delta Galil Industries's debt to equity for the quarter that ended in Sep. 2024 was 0.68.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Delta Galil Industries's Debt-to-Equity or its related term are showing as below:

XTAE:DELG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.82 Max: 1.94
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Delta Galil Industries was 1.94. The lowest was 0.18. And the median was 0.82.

XTAE:DELG's Debt-to-Equity is ranked worse than
64.61% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs XTAE:DELG: 0.68

Delta Galil Industries Debt-to-Equity Historical Data

The historical data trend for Delta Galil Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Delta Galil Industries Debt-to-Equity Chart

Delta Galil Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.36

1.55

0.87

0.90

0.74

Delta Galil Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.80	0.74	0.79	0.77	0.68

Competitive Comparison of Delta Galil Industries's Debt-to-Equity

For the Apparel Manufacturing subindustry, Delta Galil Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Delta Galil Industries's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Galil Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Delta Galil Industries's Debt-to-Equity falls into.

Delta Galil Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Delta Galil Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(384.461	+	1586.676)	/	2648.645
	=	0.74

Delta Galil Industries's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(405.582	+	1499.052)	/	2787.25
	=	0.68

Delta Galil Industries (XTAE:DELG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Delta Galil Industries Debt-to-Equity Related Terms

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Delta Galil Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Galil Industries Ltd (XTAE:DELG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Ha’eshel Street, Caesarea Industrial Zone, Caesarea, ISR, 30889

Website

https://www.deltagalil.com

Delta Galil Industries Ltd designs and manufactures undergarments, socks, children's wear, leisurewear, and activewear. The company is engaged in the design, development, production, marketing, and sale of intimate apparel, socks, children's wear, leisurewear, and activewear, as well as in the development, design, marketing, distribution, and sale of branded products in the jeans and over wear clothing and ancillary products for women, in five business segments- Delta USA; Global Division Upper Market; Delta European Brands; Delta Premium Brands and Delta Israel.

Delta Galil Industries Headlines

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