Dell Technologies Inc (DELL)

Debt-to-assets 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
Long-term debt	US$ in thousands	—	—	17,811,000	—	19,382,000	—	19,012,000	—	20,119,000	—	20,177,000	—	22,962,000	—	23,015,000	—	—	20,562,000	—	20,287,000
Total assets	US$ in thousands	79,746,000	81,951,000	82,687,000	82,687,000	80,190,000	80,190,000	82,089,000	82,089,000	83,264,000	83,264,000	85,658,000	85,658,000	84,094,000	84,094,000	89,611,000	89,611,000	85,658,000	85,172,000	88,775,000	88,775,000
Debt-to-assets ratio		0.00	0.00	0.22	0.00	0.24	0.00	0.23	0.00	0.24	0.00	0.24	0.00	0.27	0.00	0.26	0.00	0.00	0.24	0.00	0.23

January 31, 2025 calculation

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

Dell Technologies Inc has shown a consistent trend of reducing its debt-to-assets ratio over the given time period. The ratio was 0.23 as of July 29, 2022, and then decreased to 0.00 by July 31, 2022, and remained at this level until October 31, 2022. Subsequently, the ratio increased slightly to 0.24 by October 28, 2022. The ratio decreased back to 0.00 by January 31, 2023, and fluctuated between 0.00 and 0.27 until August 2, 2024.

Overall, the debt-to-assets ratio for Dell Technologies Inc has shown a general downward trend, indicating that the company has been successful in reducing its debt levels relative to its total assets. This trend suggests a more favorable financial position in terms of leverage and solvency. It is important to monitor this ratio going forward to ensure the company maintains a healthy balance between debt and assets.