Dell Technologies Inc (DELL) — Working Capital to Net Assets Ratio
Dell Technologies Inc (DELL) has a Working Capital to Net Assets ratio of 283.0% as of October 2025. Working capital of $-7.41 Billion (current assets of $43.10 Billion minus current liabilities of $50.52 Billion) is measured against net assets of $-2.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Dell Technologies Inc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Dell Technologies Inc Working Capital to Net Assets (2010–2025)
This chart shows how Dell Technologies Inc's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of October 2025, the ratio stands at 283.0%, reflecting working capital of $-7.41 Billion against net assets of $-2.62 Billion USD. Check DELL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Dell Technologies Inc (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Dell Technologies Inc from 2010 to 2025, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see DELL market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 742.5% | $-10.30 Billion | $-1.39 Billion | $36.23 Billion | $46.53 Billion | ▲ +162.3 pp |
| 2024 | 580.2% | $-12.37 Billion | $-2.13 Billion | $35.98 Billion | $48.35 Billion | ▲ +272.7 pp |
| 2023 | 307.5% | $-9.30 Billion | $-3.02 Billion | $42.35 Billion | $51.65 Billion | ▼ -400.4 pp |
| 2022 | 708.0% | $-11.19 Billion | $-1.58 Billion | $45.03 Billion | $56.22 Billion | ▲ +0.0 pp |
| 2021 | 708.0% | $-11.19 Billion | $-1.58 Billion | $44.96 Billion | $56.14 Billion | ▲ +839.6 pp |
| 2020 | -131.7% | $-10.56 Billion | $8.03 Billion | $43.57 Billion | $54.13 Billion | ▲ +4819.5 pp |
| 2019 | -4951.2% | $-12.58 Billion | $254.00 Million | $36.14 Billion | $48.71 Billion | ▼ -4920.3 pp |
| 2018 | -30.8% | $-5.51 Billion | $17.87 Billion | $40.33 Billion | $45.84 Billion | ▲ +7.4 pp |
| 2017 | -38.3% | $-7.36 Billion | $19.24 Billion | $30.77 Billion | $38.13 Billion | ▲ +72.2 pp |
| 2016 | -110.5% | $-1.74 Billion | $1.57 Billion | $23.57 Billion | $25.31 Billion | ▲ +41.0 pp |
| 2015 | -151.5% | $-4.40 Billion | $2.90 Billion | $20.95 Billion | $25.35 Billion | ▼ -92.5 pp |
| 2014 | -59.0% | $-2.37 Billion | $4.01 Billion | $21.68 Billion | $24.05 Billion | ▼ -101.3 pp |
| 2013 | 42.3% | $4.53 Billion | $10.70 Billion | $27.97 Billion | $23.44 Billion | ▲ +289.1 pp |
| 2012 | -246.7% | $-22.00 Billion | $8.92 Billion | $0.00 | $22.00 Billion | ▲ +4.1 pp |
| 2011 | -250.9% | $-19.48 Billion | $7.77 Billion | $0.00 | $19.48 Billion | ▲ +85.2 pp |
| 2010 | -336.1% | $-18.96 Billion | $5.64 Billion | $0.00 | $18.96 Billion | — |