Delaware Investments Florida MIF

Company Profile

Delaware Investments Florida MIF had its IPO on 1995-08-18 under the ticker symbol VFL.

The company operates in the Financial Services sector and Asset Management industry. Delaware Investments Florida MIF has a staff strength of 0 employees.

Stock update

Shares of Delaware Investments Florida MIF opened at $2.19 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of $2 - $2.19, and closed at $2.

This is a -4.31% slip from the previous day's closing price.

A total volume of 42,864 shares were traded at the close of the day’s session.

In the last one week, shares of Delaware Investments Florida MIF have slipped by -5.21%.

Delaware Investments Florida MIF's Key Ratios

Delaware Investments Florida MIF has a market cap of $114.19 million, indicating a price to book ratio of 0.8649 and a price to sales ratio of 20.5684.

In the last 12-months Delaware Investments Florida MIF’s revenue was $15.20 million with a gross profit of $4.88 million and an EBITDA of $0. The EBITDA ratio measures Delaware Investments Florida MIF's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Delaware Investments Florida MIF’s operating margin was 56.99% while its return on assets stood at 1.53% with a return of equity of -12.36%.

In Q3, Delaware Investments Florida MIF’s quarterly earnings growth was a negative -35.7% while revenue growth was a positive 118.7%.

Delaware Investments Florida MIF’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-1.26 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Delaware Investments Florida MIF’s profitability.

Delaware Investments Florida MIF stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 20.5684.

Delaware Investments Florida MIF stock pays annual dividends of $0.54 per share, indicating a yield of 4.16% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$252.79 million

Total Liabilities

$7.91 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Delaware Investments Florida MIF ended 2024 with $252.79 million in total assets and $0 in total liabilities. Its intangible assets were valued at $252.79 million while shareholder equity stood at $144.70 million.

Delaware Investments Florida MIF ended 2024 with $0 in deferred long-term liabilities, $7.91 million in other current liabilities, 180200170.00 in common stock, $-35499968.00 in retained earnings and $0 in goodwill. Its cash balance stood at $0 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Delaware Investments Florida MIF’s total current assets stands at $2.96 million while long-term investments were $249.66 million and short-term investments were $0. Its net receivables were $2.96 million compared to accounts payable of $7.91 million and inventory worth $0.

In 2024, Delaware Investments Florida MIF's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Delaware Investments Florida MIF paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2

52-Week High

$11.4456

52-Week Low

$9.23

Analyst Target Price

$

Delaware Investments Florida MIF stock is currently trading at $2 per share. It touched a 52-week high of $11.4456 and a 52-week low of $11.4456. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.86 and 200-day moving average was $2.34 The short ratio stood at 0.19 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 739.8% are held by institutions.