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Delta Israel Brands (XTAE:DLTI) Equity-to-Asset : 0.49 (As of Mar. 2024)


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What is Delta Israel Brands Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Delta Israel Brands's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪575.2 Mil. Delta Israel Brands's Total Assets for the quarter that ended in Mar. 2024 was ₪1,163.7 Mil. Therefore, Delta Israel Brands's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

The historical rank and industry rank for Delta Israel Brands's Equity-to-Asset or its related term are showing as below:

XTAE:DLTI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.48   Max: 0.53
Current: 0.49

During the past 6 years, the highest Equity to Asset Ratio of Delta Israel Brands was 0.53. The lowest was 0.11. And the median was 0.48.

XTAE:DLTI's Equity-to-Asset is ranked worse than
55.06% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs XTAE:DLTI: 0.49

Delta Israel Brands Equity-to-Asset Historical Data

The historical data trend for Delta Israel Brands's Equity-to-Asset 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 Equity-to-Asset Chart

Delta Israel Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.36 0.11 0.47 0.53 0.48

Delta Israel Brands Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.52 0.53 0.47 0.48 0.49

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

For the Apparel Manufacturing subindustry, Delta Israel Brands's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Delta Israel Brands Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Delta Israel Brands's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=571.781/1195.648
=0.48

Delta Israel Brands's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=575.203/1163.705
=0.49

* 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 Israel Brands  (XTAE:DLTI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Delta Israel Brands Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Delta Israel Brands's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Delta Israel Brands (XTAE:DLTI) Business Description

Traded in Other Exchanges
N/A
Address
45 Ha’Eshel Street, Southern Industrial Zone, Caesarea, ISR, 30889
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.