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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Dell Technologies Inc assets under control.
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. Check Dell Technologies Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |