Dell Technologies Inc (DELL)

Debt-to-assets ratio

		Jan 31, 2025	Feb 2, 2024	Jan 31, 2024	Feb 3, 2023	Jan 31, 2023
Long-term debt	US$ in thousands	—	19,012,000	—	23,015,000	—
Total assets	US$ in thousands	79,746,000	82,089,000	82,089,000	89,611,000	89,611,000
Debt-to-assets ratio		0.00	0.23	0.00	0.26	0.00

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $79,746,000K
= 0.00

The debt-to-assets ratio for Dell Technologies Inc has shown fluctuations over the past few years. As of January 31, 2023, the ratio was reported to be 0.00, indicating that the company had no debt in relation to its total assets at that time. However, by February 3, 2023, the ratio increased to 0.26, suggesting that Dell had taken on debt equivalent to 26% of its total assets.

Subsequently, the ratio decreased back to 0.00 as of January 31, 2024, implying that Dell had cleared its debt or significantly reduced it in relation to its assets. However, by February 2, 2024, the ratio rose again to 0.23, indicating that Dell had once more taken on debt equivalent to 23% of its total assets.

As of January 31, 2025, the debt-to-assets ratio returned to 0.00, suggesting that Dell had once again managed to reduce its debt to negligible levels relative to its total assets. Overall, the varying trends in the debt-to-assets ratio suggest that Dell has been actively managing its debt levels over the years to maintain a healthy balance sheet position.