Stock Analysis on Net

Dell Technologies Inc. (NYSE:DELL)

$24.99

Common-Size Balance Sheet: Assets
Quarterly Data

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Dell Technologies Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Oct 31, 2025 Aug 1, 2025 May 2, 2025 Jan 31, 2025 Nov 1, 2024 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 Aug 2, 2019 May 3, 2019
Cash and cash equivalents
Accounts receivable, net of allowance
Due from related party, net
Short-term financing receivables, net of allowance
Inventories
Other current assets
Current assets held for sale
Current assets
Property, plant, and equipment, net
Long-term investments
Long-term financing receivables, net of allowance
Goodwill
Intangible assets, net
Due from related party, net
Other non-current assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2025-10-31), 10-Q (reporting date: 2025-08-01), 10-Q (reporting date: 2025-05-02), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-11-01), 10-Q (reporting date: 2024-08-02), 10-Q (reporting date: 2024-05-03), 10-K (reporting date: 2024-02-02), 10-Q (reporting date: 2023-11-03), 10-Q (reporting date: 2023-08-04), 10-Q (reporting date: 2023-05-05), 10-K (reporting date: 2023-02-03), 10-Q (reporting date: 2022-10-28), 10-Q (reporting date: 2022-07-29), 10-Q (reporting date: 2022-04-29), 10-K (reporting date: 2022-01-28), 10-Q (reporting date: 2021-10-29), 10-Q (reporting date: 2021-07-30), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-29), 10-Q (reporting date: 2020-10-30), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-05-01), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-11-01), 10-Q (reporting date: 2019-08-02), 10-Q (reporting date: 2019-05-03).


Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets fluctuated over the periods, peaking notably at 16.51% in late 2021 before declining and stabilizing around 9-11% towards 2024 to 2025. This indicates episodic liquidity adjustments, with a general tendency to maintain a moderate cash reserve.
Accounts receivable, net of allowance
Accounts receivable as a percentage of total assets showed variability, with a notable increase from around 9.57% in mid-2019 to peaks over 15% in mid-2022. After this peak, the figure tended to decline slightly but remained elevated relative to the early periods, implying shifts in credit policies or sales cycles affecting receivables.
Due from related party, net
The amounts due from related parties appeared sporadically from 2021 onward, generally maintaining a very low percentage (less than 0.5%), suggesting minimal financial transactions or balances in this category within total assets.
Short-term financing receivables, net of allowance
A modest upward trend was observed in short-term financing receivables, increasing from about 3.89% in early 2019 to over 7% by late 2025. This gradual increase indicates a growing emphasis on short-term financing activities as a component of current assets.
Inventories
Inventory levels relative to total assets increased significantly between late 2020 and late 2022, peaking at over 8%, before showing some slight declines but remaining elevated compared to earlier years. This could reflect changes in inventory management or increased stockholding requirements.
Other current assets
Other current assets as a proportion of total assets experienced a pronounced rise, especially from 2020 through 2022, reaching levels above 14% at one point before declining somewhat towards 2025. This volatility may reflect fluctuating auxiliary current assets or reclassifications within current asset categories.
Current assets
Overall current assets increased as a percentage of total assets from approximately 30% in 2019 to levels approaching or exceeding 50% in some recent periods, indicating a strategic shift towards greater liquidity or operational asset composition within the company.
Property, plant, and equipment, net
This asset category showed a steady, modest increase over the periods, moving from about 5% to nearing 7.5% by 2025. The steady growth suggests ongoing investment or asset retention in tangible fixed assets.
Long-term investments
Long-term investments maintained a relatively stable proportion, generally ranging between 0.6% and 2%, without drastic fluctuations, indicating a consistent but limited allocation to such investments in relation to total assets.
Long-term financing receivables, net of allowance
There was a discernible upwards trend in long-term financing receivables, increasing from around 3.8% to over 7% by the final periods. This pattern suggests expansion in credit extended over longer terms, potentially to customers or related financing activities.
Goodwill
Goodwill as a percentage of total assets declined significantly from over 36% in early 2019 to around 21-24% in the latest periods, indicating impairments, disposals, or revaluations that substantially reduced this intangible asset component over the observed timeframe.
Intangible assets, net
Intangible assets showed a consistent downward trend, decreasing from roughly 19% to below 6% of total assets. This steady decline highlights amortization, write-offs, or strategic reductions in intangible asset holdings.
Other non-current assets
Other non-current assets peaked early in the period near 8.7-9.3% but subsequently decreased to around 6-7% by 2025. This decline may reflect asset disposals or reclassifications from long-term categories.
Non-current assets
Non-current assets comprised a majority share of total assets initially, around 69%, but their relative share declined to approximately 50% by the end of the data, reflecting the combined effect of decreasing goodwill and intangible assets, along with growth in current assets.
Total assets
By definition, total assets were consistently at 100%, serving as the base for analyzing all component percentages.