Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Dell Technologies's
Operating Income
for the
three
months ended in Apr. 2026 was CHF2,963 Mil. Dell Technologies's Interest Expense for the
three
months ended in Apr. 2026 was CHF-317 Mil.
Dell Technologies's interest coverage for the quarter that ended in Apr. 2026 was 9.33.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Dell Technologies's Interest Coverage or its related term are showing as below:
XSWX:DELL'
s Interest Coverage Range Over the Past 10 Years
Min: 0.99 Med: 3.95 Max: 6.74
Current: 6.74
XSWX:DELL's Interest Coverage is ranked worse than 67.3% of 1673
companies
in the Hardware industry
Industry Median: 13.73
vs XSWX:DELL: 6.74
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Dell Technologies Interest Coverage Related Terms
Dell Technologies Interest Coverage Historical Data
* Premium members only.
The historical data trend for Dell Technologies's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
XSWX:DELL vs SNDK, ANET, STX: Interest Coverage Comparison
For the Computer Hardware subindustry, Dell Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dell Technologies Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Dell Technologies's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Dell Technologies's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Dell Technologies (XSWX:DELL) has a Interest Coverage of 9.33 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dell Technologies and its competitors. This is 136% above median its historical median of 3.95. Over the past decade, Dell Technologies' Interest Coverage has ranged from 0.99 to 6.74. According to the industry distribution chart, Dell Technologies ranks #1126 out of 1673 companies in the Hardware industry, placing it in the top 67.3%.
Is Dell Technologies' Interest Coverage too high?
Dell Technologies' current Interest Coverage of 9.33 is 136% above median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 6.74. The Hardware industry median Interest Coverage is 13.73. Dell Technologies' value of 9.33 is 32% below this industry median. Based on the distribution chart, Dell Technologies ranks #1126 out of 1673 companies in the Hardware industry, which is below the industry midpoint. Overall, Dell Technologies has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' Interest Coverage compare to SNDK and ANET?
According to the Hardware industry distribution chart, Dell Technologies ranks #1126 out of 1673 companies for Interest Coverage. This places Dell Technologies in the lower half of its industry. The industry median Interest Coverage is 13.73. Dell Technologies' value of 9.33 is 32% below this benchmark. Historically, Dell Technologies' own Interest Coverage has ranged from 0.99 to 6.74 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 13.73, Dell Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,673 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dell Technologies's current Interest Coverage of 9.33 is 32% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dell Technologies and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell Technologies's current Interest Coverage is 9.33, which is 136% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell Technologies stock overvalued right now?
Dell Technologies (XSWX:DELL) has a current Interest Coverage of 9.33. The stock's GF Value™ is CHF152.64, compared to a current price of CHF317.54 — trading 108% above its estimated fair value. The current Interest Coverage is 9.33, which is 136% above median its 10-year median of 3.95 and 32% below the Hardware industry median of 13.73. Dell Technologies' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Dell Technologies (XSWX:DELL), the current Interest Coverage is 9.33 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dell Technologies (XSWX:DELL) Overvalued in 2026?
Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued.
The current stock price of CHF317.54 is trading 108% above its estimated GF Value™ of CHF152.64.
Key valuation signals for XSWX:DELL:
Interest Coverage: 9.33 (136% above median its 10-year median of 3.95)
GF Value™: CHF152.64 vs. price of CHF317.54 (108% above fair value)
Industry Position: 32% below the Hardware median (#1126 of 1673)
No single metric tells the full story. See the XSWX:DELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It focuses on premium and commercial personal computers, as well as 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 has a robust ecosystem of component and assembly partners and also relies heavily on channel partners to fulfill its sales.
74GF Score
Get the complete analysis for XSWX:DELL
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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