Delta Apparel Balance Sheet Health
Financial Health criteria checks 3/6
Delta Apparel has a total shareholder equity of $106.0M and total debt of $108.8M, which brings its debt-to-equity ratio to 102.7%. Its total assets and total liabilities are $365.9M and $259.9M respectively.
Key information
102.7%
Debt to equity ratio
US$108.78m
Debt
Interest coverage ratio | n/a |
Cash | US$705.00k |
Equity | US$105.95m |
Total liabilities | US$259.95m |
Total assets | US$365.90m |
Financial Position Analysis
Short Term Liabilities: DLAP.Q's short term assets ($198.0M) exceed its short term liabilities ($196.4M).
Long Term Liabilities: DLAP.Q's short term assets ($198.0M) exceed its long term liabilities ($63.6M).
Debt to Equity History and Analysis
Debt Level: DLAP.Q's net debt to equity ratio (102%) is considered high.
Reducing Debt: DLAP.Q's debt to equity ratio has increased from 88% to 102.7% over the past 5 years.
Debt Coverage: DLAP.Q's debt is well covered by operating cash flow (60.7%).
Interest Coverage: Insufficient data to determine if DLAP.Q's interest payments on its debt are well covered by EBIT.