Dell Technologies Inc (DELL)

Current ratio

		Aug 2, 2024	May 3, 2024	Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019
Total current assets	US$ in thousands	37,543,000	34,627,000	35,947,000	36,987,000	38,999,000	37,392,000	42,351,000	38,787,000	42,262,000	41,376,000	45,033,000	57,179,000	43,555,000	42,339,000	43,567,000	38,614,000	41,090,000	40,931,000	36,868,000	34,772,000
Total current liabilities	US$ in thousands	52,033,000	47,734,000	48,494,000	48,877,000	50,942,000	46,825,000	51,654,000	52,007,000	54,789,000	53,059,000	56,219,000	69,702,000	55,483,000	54,856,000	54,132,000	50,302,000	54,288,000	50,011,000	52,456,000	49,055,000
Current ratio		0.72	0.73	0.74	0.76	0.77	0.80	0.82	0.75	0.77	0.78	0.80	0.82	0.79	0.77	0.80	0.77	0.76	0.82	0.70	0.71

August 2, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $37,543,000K ÷ $52,033,000K
= 0.72

The current ratio of Dell Technologies Inc has shown some fluctuation over the past few quarters, ranging from 0.70 to 0.82. The current ratio measures the company's ability to pay its short-term obligations with its current assets. A current ratio below 1 indicates that the company may have difficulty meeting its short-term obligations, while a ratio above 1 signifies that the company has more current assets than current liabilities.

Looking at the trend, we can see that the current ratio has been relatively stable around the range of 0.70 to 0.82 over the past two years. While the current ratio dipped to 0.70 in November 2019, it has generally improved since then, reaching its peak at 0.82 in several quarters.

Although the current ratio has shown some variability, it is important to note that Dell Technologies Inc has generally maintained a current ratio above 1, indicating that the company has had sufficient current assets to cover its short-term liabilities. However, investors and analysts may want to monitor this ratio closely to ensure that Dell continues to manage its short-term obligations effectively.