Dell Technologies Inc (DELL)
Financial leverage 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 assets | US$ in thousands | 82,687,000 | 80,190,000 | 82,089,000 | 83,264,000 | 85,658,000 | 84,094,000 | 89,611,000 | 85,172,000 | 88,775,000 | 88,406,000 | 92,735,000 | 135,677,000 | 122,678,000 | 121,752,000 | 123,415,000 | 118,948,000 | 121,276,000 | 120,236,000 | 118,861,000 | 116,814,000 |
| Total stockholders’ equity | US$ in thousands | -2,894,000 | -2,822,000 | -2,404,000 | -2,664,000 | -2,772,000 | -3,023,000 | -3,122,000 | -3,469,000 | -2,860,000 | -2,462,000 | -1,685,000 | 8,954,000 | 4,825,000 | 3,487,000 | 2,479,000 | 883,000 | -419,000 | -1,614,000 | -1,574,000 | -1,804,000 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | 15.15 | 25.43 | 34.92 | 49.78 | 134.71 | — | — | — | — |
August 2, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $82,687,000K ÷ $-2,894,000K
= —
The financial leverage ratio of Dell Technologies Inc has shown a significant trend of increase over the past few quarters, reaching as high as 134.71 as of Jan 31, 2021. This indicates that the company is relying more on debt financing to support its operations and growth. High financial leverage ratios can amplify returns on equity when the company is performing well, but they also increase the risk and vulnerability to financial distress during economic downturns or adverse business conditions. It is important for investors and stakeholders to closely monitor the company's ability to manage its debt levels and meet its financial obligations in light of the increasing leverage ratio.
Peer comparison
Aug 2, 2024