Delta (XZIM:DLTA.ZW) ROCE % : 49.26% (As of Sep. 2024)

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

What is Delta 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's annualized ROCE % for the quarter that ended in Sep. 2024 was 49.26%.

Delta ROCE % Historical Data

The historical data trend for Delta'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 ROCE % Chart

Delta Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

16.91

21.52

25.87

15.20

43.10

Delta Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															31.13	-	25.88	63.73	49.26

Delta ROCE % Calculation

Delta's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	107.943	/	( ( (402.722 - 129.722)	+	(403.457 - 175.544) )	/ 2 )
	=	107.943	/	( (273	+	227.913)	/ 2 )
	=	107.943	/	250.4565
	=	43.10 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	114.77	/	( ( (403.457 - 175.544)	+	(414.783 - 176.688) )	/ 2 )
	=	114.77	/	( ( 227.913	+	238.095 )	/ 2 )
	=	114.77	/	233.004
	=	49.26 %

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

Delta (XZIM:DLTA.ZW) 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 ROCE % Related Terms

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

Delta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Delta Corp Ltd (XZIM:DLTA.ZW) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Sable House, Northridge Park, P.O. Box: BW 294, Northridge Close, Borrowdale, Harare, ZWE

Website

https://www.delta.co.zw

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

No Headlines