DLAPQ (Delta Apparel) ROCE %: -51.29% (As of Mar. 2024)


DLAPQ Delta Apparel Inc DLAPQ
16 GF Score
Price $0.00
View Full Analysis

What is Delta Apparel ROCE %?

Delta Apparel DLAPQ -99.00% 16 ROCE % is -51.29% as of Mar. 2024. GuruFocus rates DLAPQ with a GF Score™ of 16/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Delta Apparel's annualized ROCE % for the quarter that ended in Mar. 2024 was -51.29%.

Delta Apparel  (OTCPK:DLAPQ) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Delta Apparel ROCE % Related Terms

Delta Apparel ROCE % Historical Data

* Premium members only.

The historical data trend for Delta Apparel's ROCE % 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 ROCE % Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.71 -2.31 10.02 8.89 -8.11

Delta Apparel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % 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 -5.39 -4.67 -19.35 -7.17 -51.29
DLAPQ
16GF Score
Delta Apparel Inc DLAPQ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Apparel ROCE % Calculation

Delta Apparel's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-29.442/( ( (523.681 - 137.561) + (455.238 - 115.164) )/ 2 )
=-29.442/( (386.12+340.074)/ 2 )
=-29.442/363.097
=-8.11 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-97.744/( ( (424.904 - 213.27) + (365.899 - 196.362) )/ 2 )
=-97.744/( ( 211.634 + 169.537 )/ 2 )
=-97.744/190.5855
=-51.29 %

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

* 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 ROCE % →
What does a ROCE % of -51.29% mean?
Delta Apparel (DLAPQ) has a ROCE % of -51.29% as of Mar. 2024.
Is Delta Apparel's ROCE % too high?
Delta Apparel's current ROCE % is -51.29%. 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 ROCE % compare to RL and VFC?
Delta Apparel's ROCE % of -51.29% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Apparel's current ROCE % is -51.29%. 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 ROCE % of -51.29%. The current ROCE % is -51.29%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Delta Apparel (DLAPQ), the current ROCE % is -51.29% 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

Get the complete analysis for DLAPQ

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

$0.00
Price