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Delta Apparel's Total Assets for the quarter that ended in Mar. 2024 was $365.9 Mil.
Warning Sign:
If a company builds assets at 7.2% a year, faster than its revenue growth rate of 2.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Delta Apparel's average Total Assets Growth Rate was -28.70% per year. During the past 3 years, the average Total Assets Growth Rate was 4.10% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 4.40% per year.
During the past 13 years, Delta Apparel's highest 3-Year average Total Assets Growth Rate was 29.00%. The lowest was -3.60%. And the median was 6.80%.
Total Assets is connected with ROA %. Delta Apparel's annualized ROA % for the quarter that ended in Mar. 2024 was -36.72%. Total Assets is also linked to Revenue through Asset Turnover. Delta Apparel's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.
The historical data trend for Delta Apparel's Total Assets 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 Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 377.99 | 420.23 | 434.29 | 523.68 | 455.24 |
Delta Apparel Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Assets | Get a 7-Day Free Trial | 512.97 | 472.97 | 455.24 | 424.90 | 365.90 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Delta Apparel's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
Total Assets | = | Total Equity (A: Sep. 2023 ) | + | Total Liabilities (A: Sep. 2023 ) |
= | 150.195 | + | 305.043 | |
= | 455.2 |
Delta Apparel's Total Assets for the quarter that ended in Mar. 2024 is calculated as
Total Assets | = | Total Equity (Q: Mar. 2024 ) | + | Total Liabilities (Q: Mar. 2024 ) |
= | 105.95 | + | 259.949 | |
= | 365.9 |
* 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) Total Assets Explanation
Total Assets is connected with ROA %.
Delta Apparel's annualized ROA % for the quarter that ended in Mar. 2024 is
ROA % | = | Net Income (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | -145.176 | / | ( (424.904 | + | 365.899) | / 2 ) | |
= | -145.176 | / | 395.4015 | ||||
= | -36.72 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Delta Apparel's Asset Turnover for the quarter that ended in Mar. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 78.936 | / | ( (424.904 | + | 365.899) | / 2 ) |
= | 78.936 | / | 395.4015 | |||
= | 0.20 |
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Delta Apparel's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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