Delta Balance Sheet Health
Financial Health criteria checks 5/6
Delta has a total shareholder equity of $230.7M and total debt of $22.2M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are $414.8M and $184.1M respectively. Delta's EBIT is $151.3M making its interest coverage ratio 1172.6. It has cash and short-term investments of $17.7M.
Key information
9.6%
Debt to equity ratio
US$22.18m
Debt
| Interest coverage ratio | 1172.6x |
| Cash | US$17.68m |
| Equity | US$230.73m |
| Total liabilities | US$184.05m |
| Total assets | US$414.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLTA's short term assets ($203.6M) exceed its short term liabilities ($176.7M).
Long Term Liabilities: DLTA's short term assets ($203.6M) exceed its long term liabilities ($7.4M).
Debt to Equity History and Analysis
Debt Level: DLTA's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: DLTA's debt to equity ratio has increased from 7.1% to 9.6% over the past 5 years.
Debt Coverage: DLTA's debt is well covered by operating cash flow (455.9%).
Interest Coverage: DLTA's interest payments on its debt are well covered by EBIT (1172.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Delta Corporation Limited is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erin Archer | Arqaam Capital Research Offshore S.A.L. |
| Claire te Riele | BPI Capital Africa (Proprietary), Limited |
| null null | IH Securities (Pvt) Limited |