Delta Israel Brands (XTAE:DLTI) ROCE % : 21.95% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Delta Israel Brands ROCE %?

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 Israel Brands's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.95%.

Delta Israel Brands ROCE % Historical Data

The historical data trend for Delta Israel Brands'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.

* Premium members only.

Delta Israel Brands ROCE % Chart

Delta Israel Brands Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

16.57

36.87

39.63

19.92

20.47

Delta Israel Brands Quarterly Data
	Dec18	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														14.17	17.55	14.24	37.12	21.95

Delta Israel Brands ROCE % Calculation

Delta Israel Brands's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	162.466	/	( ( (960.177 - 252.952)	+	(1195.648 - 315.722) )	/ 2 )
	=	162.466	/	( (707.225	+	879.926)	/ 2 )
	=	162.466	/	793.5755
	=	20.47 %

Delta Israel Brands'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 )
	=	192.824	/	( ( (1195.648 - 315.722)	+	(1163.705 - 286.75) )	/ 2 )
	=	192.824	/	( ( 879.926	+	876.955 )	/ 2 )
	=	192.824	/	878.4405
	=	21.95 %

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

Delta Israel Brands (XTAE:DLTI) 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 Israel Brands ROCE % Related Terms

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

Delta Israel Brands (XTAE:DLTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Israel Brands Ltd (XTAE:DLTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Ha’Eshel Street, Southern Industrial Zone, Caesarea, ISR, 30889

Website

https://www.deltagalil.com

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.