Delta Apparel, Inc. (DLAPQ) - Net Assets
Based on the latest financial reports, Delta Apparel, Inc. (DLAPQ) has net assets worth $105.95 Million USD as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($365.90 Million) and total liabilities ($259.95 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Delta Apparel, Inc. assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $105.95 Million |
| % of Total Assets | 28.96% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.69 |
Delta Apparel, Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Delta Apparel, Inc.'s net assets have evolved over time, based on quarterly financial data. Check DLAPQ tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Delta Apparel, Inc. (2020–2023)
The table below shows the annual net assets of Delta Apparel, Inc. from 2020 to 2023. For live valuation and market cap data, see DLAPQ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $150.19 Million | -17.80% |
| 2022-09-30 | $182.72 Million | +11.28% |
| 2021-09-30 | $164.19 Million | +15.07% |
| 2020-09-30 | $142.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Delta Apparel, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $133.39 Million | 88.39% |
| Other Components | $17.52 Million | 11.61% |
| Total Equity | $150.90 Million | 100.00% |
Delta Apparel, Inc. Competitors by Market Cap
The table below lists competitors of Delta Apparel, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smart for Life, Inc. Common Stock
NASDAQ:SMFL
|
$709.00 |
|
Vast Resources PLC
LSE:VAST
|
$729.67 |
|
Ordinary Fully Paid Deferred Settlement
AU:BPPDD
|
$732.69 |
|
AmpliTech Group Inc
NASDAQ:AMPGW
|
$754.81 |
|
Data Storage Corporation
NASDAQ:DTSTW
|
$696.75 |
|
TMBThanachart Bank Public Company Limited
F:TMLF
|
$695.40 |
|
China New Higher Education Group Limited
STU:8CN
|
$669.55 |
|
Meta Materials Inc.
NASDAQ:MMATQ
|
$669.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delta Apparel, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 183,378,000 to 150,902,000, a change of -32,476,000 (-17.7%).
- Net loss of 33,213,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.21 Million | -22.01% |
| Other Changes | $737.00K | +0.49% |
| Total Change | $- | -17.71% |
Book Value vs Market Value Analysis
This analysis compares Delta Apparel, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $20.71 | $0.00 | x |
| 2021-09-30 | $23.64 | $0.00 | x |
| 2022-09-30 | $26.52 | $0.00 | x |
| 2023-09-30 | $21.55 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delta Apparel, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.00%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 3.02x
- Recent ROE (-22.01%) is below the historical average (-1.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -7.41% | -2.78% | 0.91x | 2.95x | $-24.85 Million |
| 2021 | 12.31% | 4.65% | 1.01x | 2.63x | $3.81 Million |
| 2022 | 10.76% | 4.07% | 0.93x | 2.86x | $1.40 Million |
| 2023 | -22.01% | -8.00% | 0.91x | 3.02x | $-48.30 Million |
Industry Comparison
This section compares Delta Apparel, Inc.'s net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $338,339,249
- Average return on equity (ROE) among peers: 12.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delta Apparel, Inc. (DLAPQ) | $105.95 Million | -7.41% | 2.45x | $705.00 |
| Columbia Sportswear Company (COLM) | $110.50 Million | 35.57% | 0.58x | $3.25 Billion |
| Figs Inc (FIGS) | $97.68 Million | 50.94% | 0.37x | $1.57 Billion |
| G-III Apparel Group Ltd (GIII) | $303.49 Million | 18.68% | 0.50x | $1.34 Billion |
| Hanesbrands Inc (HBI) | $686.20 Million | 10.77% | 9.05x | $2.29 Billion |
| J-Long Group Limited (JL) | $-8.06 Million | 0.00% | 0.00x | $9.83 Million |
| Jerash Holdings US Inc (JRSH) | $50.26 Million | 10.17% | 0.18x | $42.54 Million |
| JX Luxventure Limited (JXG) | $74.03 Million | -20.01% | 0.10x | $7.04 Million |
| Kontoor Brands Inc (KTB) | $1.72 Billion | 15.26% | 0.43x | $3.74 Billion |
| Lakeland Industries Inc (LAKE) | $7.50 Million | -5.33% | 0.83x | $98.16 Million |
About Delta Apparel, Inc.
Delta Apparel, Inc., through its subsidiaries, designs, manufactures, sources, and markets activewear and lifestyle apparel products in the United States, Honduras, El Salvador, Mexico, and internationally. The company operates through two segments, Delta Group and Salt Life Group. It offers on-demand digitally printed apparel products under the DTG2Go brand; silhouettes and fleece products; perf… Read more