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Delta (XZIM:DLTA.ZW) EBIT : ZWG130.0 Mil (TTM As of Sep. 2024)


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What is Delta EBIT?

Delta's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ZWG57.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ZWG130.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delta's annualized ROC % for the quarter that ended in Sep. 2024 was 31.54%. Delta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 70.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Delta's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.01%.


Delta EBIT Historical Data

The historical data trend for Delta'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.

* Premium members only.

Delta EBIT Chart

Delta Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.34 121.20 202.67 94.21 107.94

Delta Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar23 Sep23 Mar24 Sep24
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 123.37 - 35.32 72.62 57.39

Competitive Comparison of Delta's EBIT

For the Beverages - Brewers subindustry, Delta'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's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Delta's EV-to-EBIT distribution charts can be found below:

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


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Delta 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWG130.0 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.


Delta  (XZIM:DLTA.ZW) EBIT Explanation

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

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

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=129.678 * ( 1 - 26.4% )/( (327.274 + 277.917)/ 2 )
=95.443008/302.5955
=31.54 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=114.77/( ( (138.49 + max(3.204, 0)) + (152.942 + max(31.446, 0)) )/ 2 )
=114.77/( ( 141.694 + 184.388 )/ 2 )
=114.77/163.041
=70.39 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.702 + 107.591 + 28.016) - (49.773 + 0 + 106.332)
=3.204

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.713 + 107.789 + 39.465) - (119.186 + 0 + 35.335)
=31.446

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=130.006/2003196.959
=0.01 %

* 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 EBIT Related Terms

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Delta Business Description

Traded in Other Exchanges
N/A
Address
Sable House, Northridge Park, P.O. Box: BW 294, Northridge Close, Borrowdale, Harare, ZWE
Delta Corp Ltd is principally an integrated beverage company. The firm manufactures and distributes beverages in Zimbabwe. The company operates through Lager Beer, Sparkling Beverages, Wines and Spirits, and Sorghum Beer segments. The Lager Beer segment manufactures and distributes lager beer (malt and sorghum-based clear beers). Sparkling Beverages segment trades in carbonated soft drinks and alternative non-alcoholic beverages, Wines and Spirits manufactures and distributes wines and spirits and the Sorghum Beer segment manufactures and sells sorghum-based opaque beer. The company generates the majority of its revenue from the Lager Beer segment.

Delta Headlines

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