Dell Technologies Inc (DELL)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Aug 2, 2024 | Jul 31, 2024 | May 3, 2024 | Apr 30, 2024 | Feb 2, 2024 | Jan 31, 2024 | Nov 3, 2023 | Oct 31, 2023 | Aug 4, 2023 | Jul 31, 2023 | May 5, 2023 | Apr 30, 2023 | Feb 3, 2023 | Jan 31, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 3,633,000 | 5,225,000 | 4,550,000 | 4,550,000 | 5,830,000 | 5,957,000 | 7,366,000 | 7,502,000 | 8,298,000 | 8,443,000 | 8,364,000 | 8,645,000 | 7,631,000 | 7,922,000 | 8,607,000 | 8,879,000 | 8,364,000 | 4,909,000 | 6,078,000 | 5,507,000 |
| Short-term investments | US$ in thousands | — | — | 4,000 | 123,000 | 10,000 | 198,000 | 10,000 | — | 5,000 | — | 5,000 | — | 200,000 | 200,000 | 33,000 | — | 6,450,000 | 50,000 | — | 25,000 |
| Total current liabilities | US$ in thousands | 46,527,000 | 49,500,000 | 52,033,000 | 52,033,000 | 47,734,000 | 47,734,000 | 48,494,000 | 48,494,000 | 48,877,000 | 48,877,000 | 50,942,000 | 50,942,000 | 46,825,000 | 46,825,000 | 51,654,000 | 51,654,000 | 50,942,000 | 52,007,000 | 54,789,000 | 54,789,000 |
| Cash ratio | 0.08 | 0.11 | 0.09 | 0.09 | 0.12 | 0.13 | 0.15 | 0.15 | 0.17 | 0.17 | 0.16 | 0.17 | 0.17 | 0.17 | 0.17 | 0.17 | 0.29 | 0.10 | 0.11 | 0.10 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($3,633,000K
+ $—K)
÷ $46,527,000K
= 0.08
The cash ratio of Dell Technologies Inc fluctuated over the given period, ranging from as low as 0.08 to as high as 0.29. This ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates that the company has a more significant amount of cash on hand relative to its current liabilities, reflecting a stronger liquidity position. On the other hand, a lower ratio may suggest that the company may have difficulty meeting its short-term obligations with its existing cash reserves.
Dell's cash ratio showed some volatility, with noticeable peaks and troughs, which could indicate variability in its cash position and management of short-term liquidity. It is worth noting that the trend in the cash ratio fluctuated over time, with various levels of stability and volatility observed.
Overall, it is essential for Dell Technologies Inc to maintain a balance in its cash reserves to ensure it can meet its short-term financial obligations effectively and sustainably. Keeping a close eye on the cash ratio and managing cash flows efficiently will be crucial for the company's financial health and stability in the future.
Peer comparison
Jan 31, 2025