Dell Technologies Inc (DELL)
Current ratio
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 35,947,000 | 42,351,000 | 45,033,000 | 43,567,000 | 36,868,000 |
| Total current liabilities | US$ in thousands | 48,494,000 | 51,654,000 | 56,219,000 | 54,132,000 | 52,456,000 |
| Current ratio | 0.74 | 0.82 | 0.80 | 0.80 | 0.70 |
February 2, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $35,947,000K ÷ $48,494,000K
= 0.74
The current ratio of Dell Technologies Inc has fluctuated over the past five years, ranging from 0.70 to 0.82. As of February 2, 2024, the current ratio stands at 0.74, showing a decrease compared to the previous year. This indicates that the company may have difficulties in meeting its short-term obligations with its current assets. A current ratio below 1 may raise concerns about liquidity and the company's ability to cover its short-term liabilities. Dell may need to manage its working capital more effectively to improve its current ratio and strengthen its liquidity position.
Peer comparison
Feb 2, 2024