Delta Cash And Short Term Investments vs Accounts Payable Analysis

DLA Stock

USD 1.17 0.06 4.88%

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 Cash And Short Term Investments and its Accounts Payable 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 closely tied 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.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Apparel Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Delta Apparel's Cash And Short Term Investments and Accounts Payable is -0.22. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable 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 Cash And Short Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Delta Apparel are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash And Short Term Investments i.e., Delta Apparel's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Delta Apparel balance sheet. This account contains Delta Apparel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Delta Apparel fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Accounts Payable

An accounting item on the balance sheet that represents Delta Apparel obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Delta Apparel are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 closely tied 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 Expense	7.7M	14.2M	16.3M	17.1M
Depreciation And Amortization	15.0M	9.2M	10.6M	9.1M

Interest Expense Depreciation And Amortization

Delta Apparel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Liab	Other Assets	Long Term Debt
Total Assets		0.77	0.4	0.39	0.85	0.64	-0.5	0.77	0.91	0.83	0.21	0.75	0.35	0.21	0.49	-0.78	0.78	0.92	0.31	0.88	0.61	0.92	0.63	0.47	0.17	0.94
Short Long Term Debt Total	0.77		0.17	0.34	0.61	0.92	-0.28	1.0	0.65	0.56	0.18	0.96	0.2	0.18	0.32	-0.61	0.99	0.69	0.32	0.72	0.91	0.68	0.93	0.33	0.01	0.71
Other Current Liab	0.4	0.17		-0.42	0.68	-0.08	-0.78	0.16	0.58	0.27	0.16	0.09	0.59	0.16	0.73	-0.69	0.15	0.39	0.71	0.04	-0.2	0.55	-0.05	-0.05	0.32	0.48
Total Current Liabilities	0.39	0.34	-0.42		-0.12	0.54	0.54	0.34	0.04	0.3	0.06	0.43	-0.26	0.06	-0.27	0.24	0.35	0.26	-0.5	0.75	0.52	0.14	0.49	0.2	-0.27	0.2
Total Stockholder Equity	0.85	0.61	0.68	-0.12		0.36	-0.84	0.61	0.98	0.79	0.1	0.55	0.53	0.1	0.67	-0.98	0.6	0.87	0.6	0.49	0.33	0.93	0.39	0.39	0.41	0.89
Property Plant And Equipment Net	0.64	0.92	-0.08	0.54	0.36		0.08	0.9	0.45	0.36	0.33	0.96	-0.1	0.33	0.04	-0.33	0.92	0.48	0.03	0.73	0.96	0.42	0.95	0.37	-0.12	0.48
Current Deferred Revenue	-0.5	-0.28	-0.78	0.54	-0.84	0.08		-0.29	-0.73	-0.57	0.06	-0.14	-0.61	0.06	-0.73	0.89	-0.27	-0.61	-0.74	-0.06	0.07	-0.73	-0.02	-0.1	-0.4	-0.66
Net Debt	0.77	1.0	0.16	0.34	0.61	0.9	-0.29		0.64	0.58	0.12	0.95	0.22	0.12	0.32	-0.61	0.99	0.7	0.31	0.71	0.9	0.68	0.93	0.32	0.01	0.71
Retained Earnings	0.91	0.65	0.58	0.04	0.98	0.45	-0.73	0.64		0.8	0.16	0.62	0.4	0.16	0.56	-0.94	0.64	0.9	0.47	0.61	0.41	0.92	0.46	0.51	0.35	0.89
Accounts Payable	0.83	0.56	0.27	0.3	0.79	0.36	-0.57	0.58	0.8		-0.22	0.47	0.36	-0.22	0.48	-0.72	0.54	0.93	0.24	0.66	0.4	0.9	0.43	0.35	0.21	0.87
Cash	0.21	0.18	0.16	0.06	0.1	0.33	0.06	0.12	0.16	-0.22		0.32	-0.18	1.0	0.12	-0.13	0.21	-0.13	0.2	0.26	0.22	-0.02	0.15	0.26	0.05	0.08
Non Current Assets Total	0.75	0.96	0.09	0.43	0.55	0.96	-0.14	0.95	0.62	0.47	0.32		0.04	0.32	0.17	-0.53	0.96	0.6	0.23	0.74	0.92	0.57	0.94	0.47	0.01	0.61
Non Currrent Assets Other	0.35	0.2	0.59	-0.26	0.53	-0.1	-0.61	0.22	0.4	0.36	-0.18	0.04		-0.18	0.64	-0.55	0.17	0.42	0.68	0.1	-0.06	0.53	0.0	-0.26	0.62	0.55
Cash And Short Term Investments	0.21	0.18	0.16	0.06	0.1	0.33	0.06	0.12	0.16	-0.22	1.0	0.32	-0.18		0.12	-0.13	0.21	-0.13	0.2	0.26	0.22	-0.02	0.15	0.26	0.05	0.08
Net Receivables	0.49	0.32	0.73	-0.27	0.67	0.04	-0.73	0.32	0.56	0.48	0.12	0.17	0.64	0.12		-0.68	0.33	0.47	0.76	0.21	-0.01	0.69	0.02	-0.1	0.26	0.64
Common Stock Shares Outstanding	-0.78	-0.61	-0.69	0.24	-0.98	-0.33	0.89	-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
Non Current Liabilities Total	0.78	0.99	0.15	0.35	0.6	0.92	-0.27	0.99	0.64	0.54	0.21	0.96	0.17	0.21	0.33	-0.59		0.67	0.3	0.73	0.91	0.67	0.91	0.36	-0.05	0.7
Inventory	0.92	0.69	0.39	0.26	0.87	0.48	-0.61	0.7	0.9	0.93	-0.13	0.6	0.42	-0.13	0.47	-0.8	0.67		0.24	0.73	0.5	0.96	0.53	0.39	0.19	0.92
Other Current Assets	0.31	0.32	0.71	-0.5	0.6	0.03	-0.74	0.31	0.47	0.24	0.2	0.23	0.68	0.2	0.76	-0.69	0.3	0.24		-0.04	-0.01	0.46	0.12	0.01	0.49	0.46
Total Liab	0.88	0.72	0.04	0.75	0.49	0.73	-0.06	0.71	0.61	0.66	0.26	0.74	0.1	0.26	0.21	-0.4	0.73	0.73	-0.04		0.7	0.68	0.68	0.42	-0.09	0.74
Property Plant And Equipment Gross	0.61	0.91	-0.2	0.52	0.33	0.96	0.07	0.9	0.41	0.4	0.22	0.92	-0.06	0.22	-0.01	-0.31	0.91	0.5	-0.01	0.7		0.42	0.95	0.33	-0.09	0.49
Total Current Assets	0.92	0.68	0.55	0.14	0.93	0.42	-0.73	0.68	0.92	0.9	-0.02	0.57	0.53	-0.02	0.69	-0.88	0.67	0.96	0.46	0.68	0.42		0.46	0.31	0.24	0.96
Short Term Debt	0.63	0.93	-0.05	0.49	0.39	0.95	-0.02	0.93	0.46	0.43	0.15	0.94	0.0	0.15	0.02	-0.39	0.91	0.53	0.12	0.68	0.95	0.46		0.36	-0.06	0.53
Other Liab	0.47	0.33	-0.05	0.2	0.39	0.37	-0.1	0.32	0.51	0.35	0.26	0.47	-0.26	0.26	-0.1	-0.37	0.36	0.39	0.01	0.42	0.33	0.31	0.36		-0.14	0.37
Other Assets	0.17	0.01	0.32	-0.27	0.41	-0.12	-0.4	0.01	0.35	0.21	0.05	0.01	0.62	0.05	0.26	-0.42	-0.05	0.19	0.49	-0.09	-0.09	0.24	-0.06	-0.14		0.26
Long Term Debt	0.94	0.71	0.48	0.2	0.89	0.48	-0.66	0.71	0.89	0.87	0.08	0.61	0.55	0.08	0.64	-0.86	0.7	0.92	0.46	0.74	0.49	0.96	0.53	0.37	0.26

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Delta Apparel Account Relationship Matchups

Delta Apparel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	420.2M	434.3M	523.7M	455.2M	523.5M	301.5M
Short Long Term Debt Total	194.2M	178.1M	222.5M	221.9M	255.2M	267.9M
Other Current Liab	2.1M	30.3M	379K	710K	816.5K	775.7K
Total Current Liabilities	96.0M	105.5M	137.6M	115.2M	132.4M	77.7M
Total Stockholder Equity	143.2M	164.9M	183.4M	150.9M	173.5M	125.1M
Property Plant And Equipment Net	118.6M	112.8M	124.4M	121.1M	139.2M	146.2M
Net Debt	177.8M	168.7M	222.2M	221.7M	254.9M	267.7M
Retained Earnings	126.6M	146.9M	166.6M	133.4M	153.4M	88.6M
Accounts Payable	49.8M	52.9M	111.0M	80.3M	92.4M	48.9M
Cash	605K	16.5M	9.4M	187K	215.1K	204.3K
Non Current Assets Total	193.5M	191.3M	200.5M	192.3M	221.1M	232.2M
Non Currrent Assets Other	2.4M	2.0M	3.0M	2.9M	3.3M	2.5M
Cash And Short Term Investments	605K	16.5M	9.4M	187K	215.1K	204.3K
Net Receivables	61M	68.1M	71.6M	47.9M	55.0M	57.3M
Common Stock Shares Outstanding	6.9M	7.1M	7.0M	7.0M	6.3M	9.0M
Liabilities And Stockholders Equity	420.2M	434.3M	523.7M	455.2M	523.5M	301.5M
Non Current Liabilities Total	181.5M	164.6M	203.4M	189.9M	218.4M	229.3M
Inventory	145.5M	161.7M	248.5M	212.4M	244.2M	142.5M
Other Current Assets	3.8M	3.8M	2.8M	2.5M	2.9M	4.1M
Total Liab	277.5M	270.1M	341.0M	305.0M	350.8M	176.5M
Property Plant And Equipment Gross	118.6M	67.6M	124.4M	121.1M	139.2M	146.2M
Total Current Assets	226.8M	243.0M	323.2M	263.0M	302.4M	207.0M
Short Term Debt	23.6M	22.2M	26.2M	34.1M	39.3M	41.2M
Other Liab	11.8M	9.2M	8.7M	7.2M	8.2M	4.2M
Other Assets	3.1M	6.5M	3.9M	4.3M	5.0M	4.1M
Long Term Debt	112.8M	101.7M	136.8M	126.5M	145.4M	82.6M
Other Stockholder Equity	17.9M	18.7M	16.5M	17.4M	15.7M	14.9M
Accumulated Other Comprehensive Income	136K	(969K)	(1.3M)	(786K)	141K	0.0
Property Plant Equipment	61.4M	118.6M	67.6M	124.4M	143.0M	150.2M
Treasury Stock	(41.8M)	(43.1M)	(42.1M)	(45.4M)	(40.9M)	(38.8M)
Intangible Assets	19.9M	26.3M	24.0M	21.7M	24.9M	18.6M
Net Tangible Assets	94.7M	85.4M	164.9M	121.5M	139.7M	117.4M
Long Term Debt Total	122.1M	124.1M	101.7M	153.5M	176.6M	120.4M
Capital Surpluse	59.9M	61.0M	60.8M	62.0M	71.3M	66.9M

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Additional Information and Resources on Investing in Delta Stock

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:

How To Invest In Delta

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Is Delta Stock a good investment?

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What is Delta Apparel's Net Worth?

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Largest Apparel, Accessories & Luxury Goods Companies

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Largest Consumer Durables & Apparel Companies

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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 closely tied 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Is Apparel, Accessories & Luxury Goods space 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

(0.04)

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.

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Delta Cash And Short Term Investments vs Accounts Payable Analysis

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Accounts Payable

Delta Apparel fundamental ratios Correlations

Delta Apparel Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Delta Apparel fundamental ratios Accounts

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Additional Information and Resources on Investing in Delta Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.96	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.98	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Total Current Assets	- 0.88	Common Stock Shares Outstanding
Long Term Debt	- 0.86	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.84	Total Stockholder Equity
Inventory	- 0.8	Common Stock Shares Outstanding