Delta Gross Profit vs Extraordinary Items Analysis

DLA Stock  USD 1.45  0.03  2.03%   
Delta Apparel financial indicator trend analysis is much more than just examining Delta Apparel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delta Apparel is a good investment. Please check the relationship between Delta Apparel Gross Profit and its Extraordinary Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Apparel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Delta Stock refer to our How to Trade Delta Stock guide.

Gross Profit vs Extraordinary Items

Gross Profit vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Apparel Gross Profit account and Extraordinary Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Delta Apparel's Gross Profit and Extraordinary Items is -0.27. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Delta Apparel, assuming nothing else is changed. The correlation between historical values of Delta Apparel's Gross Profit and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Delta Apparel are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Gross Profit i.e., Delta Apparel's Gross Profit and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Delta Apparel minus its cost of goods sold. It is profit before Delta Apparel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Extraordinary Items

Most indicators from Delta Apparel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delta Apparel current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Apparel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Delta Stock refer to our How to Trade Delta Stock guide.At present, Delta Apparel's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.14, whereas Tax Provision is projected to grow to (8.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense7.7M14.2M16.3M17.1M
Depreciation And Amortization15.0M9.2M10.6M9.1M

Delta Apparel fundamental ratios Correlations

0.770.40.390.850.64-0.50.770.910.830.210.750.350.210.49-0.780.780.920.310.880.610.920.630.470.170.94
0.770.170.340.610.92-0.281.00.650.560.180.960.20.180.32-0.610.990.690.320.720.910.680.930.330.010.71
0.40.17-0.420.68-0.08-0.780.160.580.270.160.090.590.160.73-0.690.150.390.710.04-0.20.55-0.05-0.050.320.48
0.390.34-0.42-0.120.540.540.340.040.30.060.43-0.260.06-0.270.240.350.26-0.50.750.520.140.490.2-0.270.2
0.850.610.68-0.120.36-0.840.610.980.790.10.550.530.10.67-0.980.60.870.60.490.330.930.390.390.410.89
0.640.92-0.080.540.360.080.90.450.360.330.96-0.10.330.04-0.330.920.480.030.730.960.420.950.37-0.120.48
-0.5-0.28-0.780.54-0.840.08-0.29-0.73-0.570.06-0.14-0.610.06-0.730.89-0.27-0.61-0.74-0.060.07-0.73-0.02-0.1-0.4-0.66
0.771.00.160.340.610.9-0.290.640.580.120.950.220.120.32-0.610.990.70.310.710.90.680.930.320.010.71
0.910.650.580.040.980.45-0.730.640.80.160.620.40.160.56-0.940.640.90.470.610.410.920.460.510.350.89
0.830.560.270.30.790.36-0.570.580.8-0.220.470.36-0.220.48-0.720.540.930.240.660.40.90.430.350.210.87
0.210.180.160.060.10.330.060.120.16-0.220.32-0.181.00.12-0.130.21-0.130.20.260.22-0.020.150.260.050.08
0.750.960.090.430.550.96-0.140.950.620.470.320.040.320.17-0.530.960.60.230.740.920.570.940.470.010.61
0.350.20.59-0.260.53-0.1-0.610.220.40.36-0.180.04-0.180.64-0.550.170.420.680.1-0.060.530.0-0.260.620.55
0.210.180.160.060.10.330.060.120.16-0.221.00.32-0.180.12-0.130.21-0.130.20.260.22-0.020.150.260.050.08
0.490.320.73-0.270.670.04-0.730.320.560.480.120.170.640.12-0.680.330.470.760.21-0.010.690.02-0.10.260.64
-0.78-0.61-0.690.24-0.98-0.330.89-0.61-0.94-0.72-0.13-0.53-0.55-0.13-0.68-0.59-0.8-0.69-0.4-0.31-0.88-0.39-0.37-0.42-0.86
0.780.990.150.350.60.92-0.270.990.640.540.210.960.170.210.33-0.590.670.30.730.910.670.910.36-0.050.7
0.920.690.390.260.870.48-0.610.70.90.93-0.130.60.42-0.130.47-0.80.670.240.730.50.960.530.390.190.92
0.310.320.71-0.50.60.03-0.740.310.470.240.20.230.680.20.76-0.690.30.24-0.04-0.010.460.120.010.490.46
0.880.720.040.750.490.73-0.060.710.610.660.260.740.10.260.21-0.40.730.73-0.040.70.680.680.42-0.090.74
0.610.91-0.20.520.330.960.070.90.410.40.220.92-0.060.22-0.01-0.310.910.5-0.010.70.420.950.33-0.090.49
0.920.680.550.140.930.42-0.730.680.920.9-0.020.570.53-0.020.69-0.880.670.960.460.680.420.460.310.240.96
0.630.93-0.050.490.390.95-0.020.930.460.430.150.940.00.150.02-0.390.910.530.120.680.950.460.36-0.060.53
0.470.33-0.050.20.390.37-0.10.320.510.350.260.47-0.260.26-0.1-0.370.360.390.010.420.330.310.36-0.140.37
0.170.010.32-0.270.41-0.12-0.40.010.350.210.050.010.620.050.26-0.42-0.050.190.49-0.09-0.090.24-0.06-0.140.26
0.940.710.480.20.890.48-0.660.710.890.870.080.610.550.080.64-0.860.70.920.460.740.490.960.530.370.26
Click cells to compare fundamentals

Delta Apparel Account Relationship Matchups

Delta Apparel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets420.2M434.3M523.7M455.2M523.5M301.5M
Short Long Term Debt Total194.2M178.1M222.5M221.9M255.2M267.9M
Other Current Liab2.1M30.3M379K710K816.5K775.7K
Total Current Liabilities96.0M105.5M137.6M115.2M132.4M77.7M
Total Stockholder Equity143.2M164.9M183.4M150.9M173.5M125.1M
Property Plant And Equipment Net118.6M112.8M124.4M121.1M139.2M146.2M
Net Debt177.8M168.7M222.2M221.7M254.9M267.7M
Retained Earnings126.6M146.9M166.6M133.4M153.4M88.6M
Accounts Payable49.8M52.9M111.0M80.3M92.4M48.9M
Cash605K16.5M9.4M187K215.1K204.3K
Non Current Assets Total193.5M191.3M200.5M192.3M221.1M232.2M
Non Currrent Assets Other2.4M2.0M3.0M2.9M3.3M2.5M
Cash And Short Term Investments605K16.5M9.4M187K215.1K204.3K
Net Receivables61M68.1M71.6M47.9M55.0M57.3M
Common Stock Shares Outstanding6.9M7.1M7.0M7.0M6.3M9.0M
Liabilities And Stockholders Equity420.2M434.3M523.7M455.2M523.5M301.5M
Non Current Liabilities Total181.5M164.6M203.4M189.9M218.4M229.3M
Inventory145.5M161.7M248.5M212.4M244.2M142.5M
Other Current Assets3.8M3.8M2.8M2.5M2.9M4.1M
Total Liab277.5M270.1M341.0M305.0M350.8M176.5M
Property Plant And Equipment Gross118.6M67.6M124.4M121.1M139.2M146.2M
Total Current Assets226.8M243.0M323.2M263.0M302.4M207.0M
Short Term Debt23.6M22.2M26.2M34.1M39.3M41.2M
Other Liab11.8M9.2M8.7M7.2M8.2M4.2M
Other Assets3.1M6.5M3.9M4.3M5.0M4.1M
Long Term Debt112.8M101.7M136.8M126.5M145.4M82.6M
Other Stockholder Equity17.9M18.7M16.5M17.4M15.7M14.9M
Accumulated Other Comprehensive Income136K(969K)(1.3M)(786K)141K0.0
Property Plant Equipment61.4M118.6M67.6M124.4M143.0M150.2M
Treasury Stock(41.8M)(43.1M)(42.1M)(45.4M)(40.9M)(38.8M)
Intangible Assets19.9M26.3M24.0M21.7M24.9M18.6M
Net Tangible Assets94.7M85.4M164.9M121.5M139.7M117.4M
Long Term Debt Total122.1M124.1M101.7M153.5M176.6M120.4M
Capital Surpluse59.9M61.0M60.8M62.0M71.3M66.9M

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When determining whether Delta Apparel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Delta Apparel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Delta Apparel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Delta Apparel Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Apparel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Delta Stock refer to our How to Trade Delta Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Delta Apparel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delta Apparel. If investors know Delta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Delta Apparel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
(9.62)
Revenue Per Share
50.843
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
The market value of Delta Apparel is measured differently than its book value, which is the value of Delta that is recorded on the company's balance sheet. Investors also form their own opinion of Delta Apparel's value that differs from its market value or its book value, called intrinsic value, which is Delta Apparel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Delta Apparel's market value can be influenced by many factors that don't directly affect Delta Apparel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Delta Apparel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Apparel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Apparel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.