Delta Israel Brands (XTAE:DLTI) Debt-to-Equity : 0.62 (As of Jun. 2024)

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What is Delta Israel Brands Debt-to-Equity?

Delta Israel Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪74 Mil. Delta Israel Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪294 Mil. Delta Israel Brands's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₪593 Mil. Delta Israel Brands's debt to equity for the quarter that ended in Jun. 2024 was 0.62.

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 Israel Brands's Debt-to-Equity or its related term are showing as below:

XTAE:DLTI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.6 Max: 5.12
Current: 0.62

During the past 6 years, the highest Debt-to-Equity Ratio of Delta Israel Brands was 5.12. The lowest was 0.46. And the median was 0.60.

XTAE:DLTI's Debt-to-Equity is ranked worse than
60.83% of 937 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs XTAE:DLTI: 0.62

Delta Israel Brands Debt-to-Equity Historical Data

The historical data trend for Delta Israel Brands'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.

* Premium members only.

Delta Israel Brands Debt-to-Equity Chart

Delta Israel Brands Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.13

5.12

0.53

0.46

0.65

Delta Israel Brands Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.54	0.62	0.65	0.64	0.62

Competitive Comparison of Delta Israel Brands's Debt-to-Equity

For the Apparel Manufacturing subindustry, Delta Israel Brands'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 Israel Brands's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Delta Israel Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Delta Israel Brands'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
	=	(74.367	+	299.097)	/	571.781
	=	0.65

Delta Israel Brands's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(74.051	+	293.748)	/	593.16
	=	0.62

Delta Israel Brands (XTAE:DLTI) 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 Israel Brands Debt-to-Equity Related Terms

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Delta Israel Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Israel Brands Ltd (XTAE:DLTI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Ha’Eshel Street, Southern Industrial Zone, Caesarea, ISR, 30889

Website

https://www.deltagalil.com

Delta Israel Brands Ltd is the operational division of the local Delta brand, Israel's leading innerwear and activewear brand for men, women, and children. The division is responsible for the development, design, and marketing of the flagship 'Delta' brand for all ages, and 'Fix', the popular young adult brand. Its products are sold across the country in the company's branded shops and in all major retail chains and department stores.