Dell Technologies (FRA:12DA) LT-Debt-to-Total-Asset : 0.23 (As of Jan. 2024)

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What is Dell Technologies LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Dell Technologies's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.23.

Dell Technologies's long-term debt to total assets ratio declined from Jan. 2023 (0.26) to Jan. 2024 (0.23). It may suggest that Dell Technologies is progressively becoming less dependent on debt to grow their business.

Dell Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dell Technologies's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dell Technologies LT-Debt-to-Total-Asset Chart

Dell Technologies Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.38

0.27

0.23

0.26

0.23

Dell Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.28	0.24	0.25	0.23

Dell Technologies LT-Debt-to-Total-Asset Calculation

Dell Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	17453.016	/	75357.702
	=	0.23

Dell Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	17453.016	/	75357.702
	=	0.23

Dell Technologies (FRA:12DA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Dell Technologies (FRA:12DA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Dell Technologies Inc (FRA:12DA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DELL:USA DELLC:Mexico 12DA:Germany D1EL34:Brazil DELL:Austria

Address

One Dell Way, Round Rock, TX, USA, 78682

Website

https://www.delltechnologies.com

Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It is focused on premium personal computers and enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell is vertically-integrated but has a robust ecosystem of component and assembly partners, and also relies heavily on channel partners to fulfill its sales.

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