GURUFOCUS.COM » STOCK LIST » Technology » Software » Dell-VMWare Tracking Stock (NYSE:DVMT) » Definitions » Financial Strength

Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Financial Strength : 0 (As of Oct. 2018)


View and export this data going back to 2016. Start your Free Trial

What is Dell-VMWare Tracking Stock Financial Strength?

Dell-VMWare Tracking Stock has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Dell-VMWare Tracking Stock's Interest Coverage for the quarter that ended in Oct. 2018 was 3.30. Dell-VMWare Tracking Stock's debt to revenue ratio for the quarter that ended in Oct. 2018 was 0.00. As of today, Dell-VMWare Tracking Stock's Altman Z-Score is 0.00.


Competitive Comparison of Dell-VMWare Tracking Stock's Financial Strength

For the Software - Infrastructure subindustry, Dell-VMWare Tracking Stock's Financial Strength, along with its competitors' market caps and Financial Strength 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-VMWare Tracking Stock's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Dell-VMWare Tracking Stock's Financial Strength distribution charts can be found below:

* The bar in red indicates where Dell-VMWare Tracking Stock's Financial Strength falls into.



Dell-VMWare Tracking Stock Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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:

Dell-VMWare Tracking Stock's Interest Expense for the months ended in Oct. 2018 was $-150 Mil. Its Operating Income for the months ended in Oct. 2018 was $495 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2018 was $0 Mil.

Dell-VMWare Tracking Stock's Interest Coverage for the quarter that ended in Oct. 2018 is

Interest Coverage=-1*Operating Income (Q: Oct. 2018 )/Interest Expense (Q: Oct. 2018 )
=-1*495/-150
=3.30

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Dell-VMWare Tracking Stock's Debt to Revenue Ratio for the quarter that ended in Oct. 2018 is

Debt to Revenue Ratio=Total Debt (Q: Oct. 2018 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 8800
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Dell-VMWare Tracking Stock has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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-VMWare Tracking Stock  (NYSE:DVMT) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Dell-VMWare Tracking Stock has the Financial Strength Rank of 0.


Dell-VMWare Tracking Stock Financial Strength Related Terms

Thank you for viewing the detailed overview of Dell-VMWare Tracking Stock's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Dell-VMWare Tracking Stock (Dell-VMWare Tracking Stock) Business Description

Traded in Other Exchanges
N/A
Address
Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.
Executives
Richard J Rothberg officer: General Counsel & Secretary ONE DELL WAY, ROUND ROCK TX 78682
William F Scannell officer: President, Global Sales EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Thomas W Sweet officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
Howard D Elias officer: President, Services & Digital C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Ellen Jamison Kullman director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
William D Green director C/O ACCENTURE, 161 N CLARK STREET, CHICAGO IL 60601
Radakovich Lynn Vojvodich director C/O BOOKING HOLDINGS INC., 800 CONNECTICUT AVENUE, NORWALK CT 06854
David W Dorman director CVS HEALTH., ONE CVS DRIVE, WOONSOCKET RI 02895
Jeffrey W Clarke officer: COO & Vice Chairman C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682
Allison Dew officer: Chief Marketing Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682
Steven H Price officer: Chief Human Resources Officer ONE DELL WAY, ROUND ROCK TX 78682
Karen H Quintos officer: Chief Customer Officer ONE DELL WAY, ROUND ROCK TX 78682
Rory P Read officer: Chief Operating Executive ONE DELL WAY, ROUND ROCK TX 78682
Michael S Dell director, 10 percent owner, officer: Chief Executive Officer C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Brunilda Rios officer: Chief Accounting Officer C/O DELL TECHNOLOGIES INC., ONE DELL WAY, ROUND ROCK TX 78682