DLAPQ (Delta Apparel) EBIT: $-50.8 Mil (TTM As of Mar. 2024)


DLAPQ Delta Apparel Inc DLAPQ
16 GF Score
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What is Delta Apparel EBIT?

Delta Apparel DLAPQ -99.00% 16 EBIT is $-50.8 Mil as of Mar. 2024. GuruFocus rates DLAPQ with a GF Score™ of 16/100.

Delta Apparel's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-24.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-50.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delta Apparel's annualized ROC % for the quarter that ended in Mar. 2024 was -19.69%. Delta Apparel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -38.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Delta Apparel  (OTCPK:DLAPQ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Delta Apparel's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-62.624 * ( 1 - 0% )/( (346.519 + 289.624)/ 2 )
=-62.624/318.0715
=-19.69 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=424.904 - 78.008 - ( 0.377 - max(0, 213.27 - 234.739+0.377))
=346.519

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=365.899 - 75.57 - ( 0.705 - max(0, 196.362 - 198.03+0.705))
=289.624

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Delta Apparel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-97.744/( ( (119.507 + max(154.139, 0)) + (114.275 + max(119.828, 0)) )/ 2 )
=-97.744/( ( 273.646 + 234.103 )/ 2 )
=-97.744/253.8745
=-38.50 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.273 + 196.348 + 3.526) - (78.008 + 0 + 2.8421709430404E-14)
=154.139

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.206 + 156.894 + 3.298) - (75.57 + 0 + 0)
=119.828

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Delta Apparel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-50.847/0.000
= %

* 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.

Delta Apparel EBIT Related Terms

Delta Apparel EBIT Historical Data

* Premium members only.

The historical data trend for Delta Apparel's EBIT 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.

Delta Apparel EBIT Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 -7.08 32.71 31.78 -29.44

Delta Apparel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.35 -4.46 -17.00 -4.95 -24.44

DLAPQ vs RL, VFC, LEVI: EBIT Comparison

For the Apparel Manufacturing subindustry, Delta Apparel's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Apparel EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Delta Apparel's EV-to-EBIT falls into.


DLAPQ
16GF Score
Delta Apparel Inc DLAPQ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Apparel EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50.8 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-50.8 Mil mean?
Delta Apparel (DLAPQ) has a EBIT of $-50.8 Mil as of Mar. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Delta Apparel.
Is Delta Apparel's EBIT too high?
Delta Apparel's current EBIT is $-50.8 Mil. Overall, Delta Apparel has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Delta Apparel's EBIT compare to RL and VFC?
Delta Apparel's EBIT of $-50.8 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Delta Apparel. Delta Apparel's current EBIT is $-50.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Apparel stock overvalued right now?
Delta Apparel (DLAPQ) has a current EBIT of $-50.8 Mil. The current EBIT is $-50.8 Mil. Delta Apparel's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Delta Apparel (DLAPQ), the current EBIT is $-50.8 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Delta Apparel Business Description

Address 2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.
16GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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