Dell Technologies Inc (DELL)

Financial leverage ratio

		Feb 2, 2024	Feb 3, 2023	Jan 28, 2022	Jan 29, 2021	Jan 31, 2020
Total assets	US$ in thousands	82,089,000	89,611,000	92,735,000	123,415,000	118,861,000
Total stockholders’ equity	US$ in thousands	-2,404,000	-3,122,000	-1,685,000	2,479,000	-1,574,000
Financial leverage ratio		—	—	—	49.78	—

February 2, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $82,089,000K ÷ $-2,404,000K
= —

The financial leverage ratio for Dell Technologies Inc was not provided for the years ending February 2, 2024, February 3, 2023, and January 28, 2022. However, for January 29, 2021, the financial leverage ratio was 49.78. This indicates that as of January 29, 2021, Dell Technologies had a high level of financial leverage, implying that a significant portion of its assets were funded through debt rather than equity. Without additional data points, it is challenging to gauge the trend or assess the current financial leverage position of Dell Technologies Inc.