Dell Technologies Inc (DELL)
Current ratio
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 36,229,000 | 35,947,000 | 35,947,000 | 42,351,000 | 39,351,000 |
| Total current liabilities | US$ in thousands | 46,527,000 | 48,494,000 | 48,494,000 | 51,654,000 | 51,654,000 |
| Current ratio | 0.78 | 0.74 | 0.74 | 0.82 | 0.76 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $36,229,000K ÷ $46,527,000K
= 0.78
The current ratio of Dell Technologies Inc has been fluctuating over the past few years. As of January 31, 2023, the current ratio stood at 0.76, indicating that the company may have had difficulty meeting its short-term obligations with its current assets at that time. Subsequently, the ratio improved to 0.82 by February 3, 2023, suggesting a slight enhancement in the company's liquidity position.
However, there was a decline in the current ratio to 0.74 as of both January 31, 2024, and February 2, 2024, indicating a potential strain on Dell's ability to cover its short-term liabilities with its current assets during those periods.
As of January 31, 2025, the current ratio increased to 0.78, revealing a slight improvement compared to the previous year. Overall, the fluctuating current ratio of Dell Technologies Inc indicates varying levels of liquidity and suggests the need for careful monitoring of the company's short-term financial health.
Peer comparison
Jan 31, 2025