GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Apparel Inc (AMEX:DLA) » Definitions » EBIT

Delta Apparel (Delta Apparel) EBIT : $-50.8 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Delta Apparel EBIT?

Delta Apparel's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-24.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-50.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Delta Apparel's annualized ROC % for the quarter that ended in Mar. 2024 was -25.61%. Delta Apparel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -38.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Delta Apparel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -26.69%.


Delta Apparel EBIT Historical Data

The historical data trend for Delta Apparel's EBIT 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 Apparel EBIT Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.90 -7.08 32.71 31.78 -29.44

Delta Apparel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT 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 -5.35 -4.46 -17.00 -4.95 -24.44

Competitive Comparison of Delta Apparel's EBIT

For the Apparel Manufacturing subindustry, Delta Apparel's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Apparel's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Apparel's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Delta Apparel's EV-to-EBIT falls into.



Delta Apparel EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50.8 Mil.

* 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  (AMEX:DLA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

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

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-62.624 * ( 1 - -30.07% )/( (346.519 + 289.624)/ 2 )
=-81.4550368/318.0715
=-25.61 %

where

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

2. Joel Greenblatt's definition of Return on Capital:

Delta Apparel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-97.744/( ( (119.507 + max(154.139, 0)) + (114.275 + max(119.828, 0)) )/ 2 )
=-97.744/( ( 273.646 + 234.103 )/ 2 )
=-97.744/253.8745
=-38.50 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.273 + 196.348 + 3.526) - (78.008 + 0 + 2.8421709430404E-14)
=154.139

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.206 + 156.894 + 3.298) - (75.57 + 0 + 0)
=119.828

When net working capital is negative, 0 is used.

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

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Delta Apparel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-50.847/190.533
=-26.69 %

* 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 EBIT Related Terms

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


Delta Apparel (Delta Apparel) Business Description

Traded in Other Exchanges
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.
Executives
Jeffery Neil Stillwell officer: President, Salt Life Group 24 12TH STREET, COLUMBUS GA 29601
Billy Charles Hardgrave director 2750 PREMIERE PKWY., SUITE 100, DULUTH GA 30097
Glenda E Hood director
David G Whalen director 4 HOLLY LANE, BARRINGTON RI 02806
James Bradley Campbell director 215 MCDANIEL AVENUE, GREENVILLE SC 29601
Nancy P Bubanich officer: VP & Chief Accounting Officer 201 WEST MCBEE AVENUE, SUITE 320, GREENVILLE SC 29601
George Jay Gogue director 322 S. MAIN STREET, GREENVILLE SC 29601
Justin Marshall Grow officer: General Counsel 322 S. MAIN STREET, GREENVILLE SC 29601
Taylor A Alexander Ii director 4080 JENKINS ROAD, CHATTANOOGA TN 31421
Sonya E Medina director P.O. BOX 99900, LOUISVILLE KY 40269
Matthew Joel Miller officer: President, Delta Group 2859 PACES FERRY RD., #2000, ATLANTA GA 30339
Deborah H Merrill officer: VP Chief Accounting Officer 2750 PREMIERE PARKWAY, DULUTH GA 30097
Simone C Walsh officer: VP, CFO & Treasurer 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Encalada Arjona Carlos Enrique officer: V.P. of Manufacturing 322 SOUTH MAIN STREET, GREENVILLE SC 29601
Sandra Lauren Satterfield officer: Deputy GC & Corp. Secretary 2750 PREMIERE PARKWAY, SUITE 100, DULUTH SC 29601

Delta Apparel (Delta Apparel) Headlines

From GuruFocus

Delta Apparel Inc Reports Operating Results (10-Q)

By gurufocus 10qk 02-04-2011

Delta Apparel Inc (DLA) Files 10-K for the Fiscal Year Ended on September 30, 2021

By GuruFocus Research GuruFocus Editor 11-23-2021

Delta Apparel Inc Reports Operating Results (10-Q)

By gurufocus 10qk 11-02-2009

Delta Apparel Inc Reports Operating Results (10-Q)

By gurufocus 10qk 02-08-2010

Delta Apparel Inc Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2010

FPA Queens Road Exits Adtran, WESCO

By Tiziano Frateschi Tiziano Frateschi 04-26-2021

Delta Apparel Inc Reports Operating Results (10-Q)

By gurufocus 10qk 05-05-2010

Delta Apparel Inc Reports Operating Results (10-K)

By gurufocus 10qk 09-01-2010