Delta Property Fund (JSE:DLT) Quick Ratio: 0.23 (As of Feb. 2026) — 12% Below Median


JSE:DLT Delta Property Fund Ltd JSE:DLT
28 GF Score
Price R0.49
GF Value R0.23
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Delta Property Fund Quick Ratio?

Delta Property Fund JSE:DLT 28 Quick Ratio is 0.23 as of Feb. 2026, which is 12% below its 10-year median of 0.26. GuruFocus rates JSE:DLT with a GF Score™ of 28/100 and a GF Value™ of R0.23 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 758 REITs companies, Delta Property Fund ranks worse than 86.15% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Delta Property Fund's quick ratio for the quarter that ended in Feb. 2026 was 0.23.

Delta Property Fund has a quick ratio of 0.23. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Delta Property Fund's Quick Ratio or its related term are showing as below:

JSE:DLT' s Quick Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.26   Max: 1.63
Current: 0.23

During the past 13 years, Delta Property Fund's highest Quick Ratio was 1.63. The lowest was 0.08. And the median was 0.26.

JSE:DLT's Quick Ratio is ranked worse than
86.15% of 758 companies
in the REITs industry
Industry Median: 0.87 vs JSE:DLT: 0.23

Delta Property Fund  (JSE:DLT) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Delta Property Fund Quick Ratio Related Terms


Delta Property Fund Quick Ratio Historical Data

* Premium members only.

The historical data trend for Delta Property Fund's Quick Ratio 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 Property Fund Quick Ratio Chart

Delta Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.29 0.38 0.42 0.23

Delta Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Quick Ratio 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 0.38 0.23 0.42 0.32 0.23

JSE:DLT vs BXP, ARE, VNO: Quick Ratio Comparison

For the REIT - Office subindustry, Delta Property Fund's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Property Fund Quick Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Delta Property Fund's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Delta Property Fund's Quick Ratio falls into.


JSE:DLT
28GF Score
Delta Property Fund Ltd JSE:DLT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Property Fund Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Delta Property Fund's Quick Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Quick Ratio (A: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(780.967-0)/3325.306
=0.23

Delta Property Fund's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(780.967-0)/3325.306
=0.23

* 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 Quick Ratio →
What does a Quick Ratio of 0.23 mean?
Delta Property Fund (JSE:DLT) has a Quick Ratio of 0.23 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Delta Property Fund and its competitors. This is 12% below median its historical median of 0.26. Over the past decade, Delta Property Fund's Quick Ratio has ranged from 0.08 to 1.63. According to the industry distribution chart, Delta Property Fund ranks #653 out of 758 companies in the REITs industry, placing it in the top 86.1%.
Is Delta Property Fund's Quick Ratio too high?
Delta Property Fund's current Quick Ratio of 0.23 is 12% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.63. The REITs industry median Quick Ratio is 0.87. Delta Property Fund's value of 0.23 is 73.6% below this industry median. Based on the distribution chart, Delta Property Fund ranks #653 out of 758 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Quick Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #653 out of 758 companies for Quick Ratio. This places Delta Property Fund in the lower half of its industry. The industry median Quick Ratio is 0.87. Delta Property Fund's value of 0.23 is 73.6% below this benchmark. Historically, Delta Property Fund's own Quick Ratio has ranged from 0.08 to 1.63 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.87, Delta Property Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 758 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Property Fund's current Quick Ratio of 0.23 is 73.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Delta Property Fund and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Property Fund's current Quick Ratio is 0.23, which is 12% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.49 — trading 113% above its estimated fair value. The current Quick Ratio is 0.23, which is 12% below median its 10-year median of 0.26 and 73.6% below the REITs industry median of 0.87. Delta Property Fund's overall GF Score™ is 28/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Delta Property Fund (JSE:DLT), the current Quick Ratio is 0.23 as of Feb. 2026. 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.

Is Delta Property Fund (JSE:DLT) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued. The current stock price of R0.49 is trading 113% above its estimated GF Value™ of R0.23. GuruFocus considers Delta Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:DLT:

  • Quick Ratio: 0.23 (12% below median its 10-year median of 0.26)
  • GF Value™: R0.23 vs. price of R0.49 (113% above fair value)
  • GF Score™: 28/100 with 9 warning signs
  • Industry Position: 73.6% below the REITs median (#653 of 758)

No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Property Fund Business Description

Industry Real EstateREITs
Address 10 Muswell Road South, Building 3, Silver Stream Office Park, Bryanston, Sandton, Johannesburg, GT, ZAF, 2021
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score

Get the complete analysis for JSE:DLT

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

R0.49
Price
R0.23
GF Value