Delta Apparel, Stock Net Asset
| DLAPQ Stock | 0.0001 0.00 0.00% |
Delta Apparel,'s fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Delta Stock price.
Delta | Net Asset | Build AI portfolio with Delta Stock |
Delta Apparel, Company Net Asset Analysis
Delta Apparel,'s Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Delta Apparel, Net Asset | 455.24 M |
Most of Delta Apparel,'s fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Delta Apparel, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Delta Total Assets
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Based on the recorded statements, Delta Apparel, has a Net Asset of 455.24 M. This is much higher than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The net asset for all United States stocks is notably lower than that of the firm.
Delta Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Delta Apparel,'s direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Delta Apparel, could also be used in its relative valuation, which is a method of valuing Delta Apparel, by comparing valuation metrics of similar companies.Delta Apparel, is currently under evaluation in net asset category among its peers.
Delta Fundamentals
| Return On Equity | -0.48 | ||||
| Return On Asset | -0.0421 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | 181.93 M | ||||
| Shares Outstanding | 7.05 M | ||||
| Shares Owned By Insiders | 15.46 % | ||||
| Number Of Shares Shorted | 53.29 K | ||||
| Revenue | 415.35 M | ||||
| Gross Profit | 36.28 M | ||||
| EBITDA | (14.96 M) | ||||
| Net Income | (33.21 M) | ||||
| Total Debt | 16.57 M | ||||
| Book Value Per Share | 15.13 X | ||||
| Cash Flow From Operations | 11.22 M | ||||
| Short Ratio | 1.22 X | ||||
| Earnings Per Share | (9.62) X | ||||
| Number Of Employees | 6 K | ||||
| Beta | 79.25 | ||||
| Market Capitalization | 705 | ||||
| Total Asset | 455.24 M | ||||
| Retained Earnings | 133.39 M | ||||
| Working Capital | 147.8 M | ||||
| Net Asset | 455.24 M |
About Delta Apparel, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Delta Apparel,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delta Apparel, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delta Apparel, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Delta Apparel,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Delta Apparel, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Delta Apparel, will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Delta Apparel, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Apparel, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Delta Apparel, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Delta Apparel, to buy it.
The correlation of Delta Apparel, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delta Apparel, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Apparel, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Delta Apparel, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Delta Stock Analysis
When running Delta Apparel,'s price analysis, check to measure Delta Apparel,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delta Apparel, is operating at the current time. Most of Delta Apparel,'s value examination focuses on studying past and present price action to predict the probability of Delta Apparel,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Apparel,'s price. Additionally, you may evaluate how the addition of Delta Apparel, to your portfolios can decrease your overall portfolio volatility.