DELL TECHNOLOGIES INC CEDEAR EACH 74 REPR 1 COM (ARS) Financial Ratios — DELL

Profitability (USD)

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Return on Common Equity (%)	- -	- -	-15.51	-22.28	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	- -	-1.43	-2.35	-1.96	4	2.68	5.15	2.68	3.95	5.67	6.56
Return on Capital (%)	- -	- -	- -	- -	- -	- -	9.46	18.47	13.19	18.41	25.04	27.62
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	6.53	10.5	16.74	17.76	24.11	25.58
Gross Margin (%)	16.43	16.47	21.96	25.98	27.65	24.33	23.24	21.63	22.18	23.83	22.24	20
EBITDA Margin (%)	4.91	4.63	4.1	7.87	8.34	10.03	10.47	9.1	8.73	9.85	9.79	9.85
Operating Margin (%)	-0.58	-1.01	-3.84	-3.06	-0.21	2.79	4.25	4.6	5.64	6.71	6.96	7.44
Incremental Operating Margin (%)	- -	6.13	- -	- -	19.21	- -	71.11	6.7	100.72	- -	10.12	9.96
Pretax Margin (%)	-2.24	-2.53	-7.23	-6.03	-2.61	-0.06	2.71	5.85	3.15	4.62	5.28	6.4
Profit Margin (%)	-2.26	-2.17	-1.88	-3.6	-2.55	5.44	3.75	5.5	2.39	3.83	4.81	5.23
Net Income to Common Margin (%)	-2.26	-2.17	-1.88	-3.6	-2.55	5.44	3.75	5.5	2.39	3.83	4.81	5.23
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	4.31	16.56	24.9	17.49	9.35	18.27
Dvd Payout Ratio (%)	- -	- -	- -	- -	-104	- -	- -	- -	40.13	31.94	27.96	24.58
Sustainable Growth Rate (%)	- -	- -	-15.51	-22.28	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Total Debt	- -	13,631	49,390	51,871	53,521	53,848	39,222	26,954	29,588	25,994	24,567	31,503
ST Debt	- -	2,981	6,329	7,873	4,320	8,169	6,357	5,823	6,573	6,982	5,204	7,990
LT Debt	- -	10,650	43,061	43,998	49,201	45,679	32,865	21,131	23,015	19,012	19,363	23,513
Total Debt/EBITDA	- -	5.78	19.38	8.34	7.08	6.33	4.32	2.93	3.31	2.98	2.62	2.82
Net Debt/EBITDA	- -	3.1	15.67	6.1	5.8	5.02	3.27	1.9	2.35	2.14	2.24	1.79
Total Debt/EBIT	- -	-26.52	-20.67	-21.47	-280.21	22.76	10.64	5.79	5.13	4.8	3.94	3.87
Net Debt/EBIT	- -	-14.22	-16.7	-15.7	-229.55	18.07	8.06	3.75	3.64	3.44	3.36	2.45
EBITDA to Interest Expense	3.16	3.36	1.42	2.47	2.88	3.55	4.42	5.97	6.97	5.81	6.62	7.17
EBITDA-CapEx/Interest Expense	3.16	3.36	1.42	2.47	2.88	3.55	4.42	5.97	6.97	5.81	6.62	7.17
EBIT to Interest Expense	-0.38	-0.73	-1.33	-0.96	-0.07	0.99	1.8	3.02	4.51	3.95	4.71	5.41
Interest Expense	841	702	1,796	2,519	2,619	2,396	2,052	1,542	1,281	1,501	1,414	1,560
Common Equity/Total Assets	- -	3.48	11.4	9.75	-4.09	-0.8	2.39	-1.82	-3.48	-2.71	-1.86	-2.44
Long-Term Debt/Equity (%)	- -	677.48	223.81	246.23	19,370.47	1,207.16	409.53	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	70.05	62.74	63.09	91.49	79.26	69.56	83.28	86.64	79.67	83.53	80.99
Long-Term Debt/Total Assets (%)	- -	23.6	36.43	35.43	44	38.43	26.63	22.79	25.68	23.15	24.28	23.21
Total Debt/Equity (%)	- -	867.11	256.7	290.28	21,071.26	1,423.04	488.75	-1,705.95	-978.12	-1,219.23	-1,771.23	-1,275.43
Total Debt/Capital (%)	- -	89.66	71.97	74.38	99.53	93.43	83.01	106.23	111.39	108.93	105.98	108.51
Total Debt/Total Assets (%)	- -	30.21	41.78	41.77	47.86	45.3	31.78	29.07	33.02	31.65	30.81	31.1
Net Debt to Equity	- -	464.95	207.46	212.26	17,261.81	1,129.86	370.27	-1,106.14	-693.59	-873.73	-1,509.3	-808.7
Net Debt/Capital (%)	- -	82.3	67.48	67.98	99.42	88.46	78.74	109.94	116.85	112.92	107.1	114.11
EBITDA	2,661	2,358	2,548	6,218	7,555	8,509	9,075	9,210	8,927	8,714	9,360	11,178
EBITDA-CapEx	2,661	2,358	2,548	6,218	7,555	8,509	9,075	9,210	8,927	8,714	9,360	11,178
Operating Income (Loss)	-316	-514	-2,390	-2,416	-191	2,366	3,685	4,659	5,771	5,933	6,656	8,446

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Cash Ratio	- -	0.25	0.3	0.35	0.22	0.18	0.18	0.17	0.17	0.15	0.08	0.18
Current Ratio	- -	0.93	0.81	0.88	0.8	0.7	0.8	0.8	0.82	0.74	0.78	0.91
Quick Ratio	- -	0.56	0.63	0.69	0.59	0.51	0.47	0.49	0.52	0.44	0.41	0.59
CFO/Avg Current Liab	- -	- -	0.07	0.16	0.15	0.19	0.21	0.19	0.07	0.17	0.1	0.2
Common Equity/Total Assets	- -	3.48	11.4	9.75	-4.09	-0.8	2.39	-1.82	-3.48	-2.71	-1.86	-2.44
Long-Term Debt/Equity (%)	- -	677.48	223.81	246.23	19,370.47	1,207.16	409.53	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	- -	70.05	62.74	63.09	91.49	79.26	69.56	83.28	86.64	79.67	83.53	80.99
Long-Term Debt/Total Assets (%)	- -	23.6	36.43	35.43	44	38.43	26.63	22.79	25.68	23.15	24.28	23.21
Total Debt/Equity (%)	- -	867.11	256.7	290.28	21,071.26	1,423.04	488.75	-1,705.95	-978.12	-1,219.23	-1,771.23	-1,275.43
Total Debt/Capital (%)	- -	89.66	71.97	74.38	99.53	93.43	83.01	106.23	111.39	108.93	105.98	108.51
Total Debt/Total Assets (%)	- -	30.21	41.78	41.77	47.86	45.3	31.78	29.07	33.02	31.65	30.81	31.1
CFO/Total Liabilities	- -	4.96	2.39	6.44	6.27	8.07	9.89	10.93	3.85	10.3	5.57	10.78
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Accounts Receivable Turnover	- -	- -	8.69	7.48	7.52	6.82	7.47	8.56	8.06	8.1	9.73	8.14
Days Sales Outstanding	- -	- -	42	48.81	48.52	53.48	48.88	42.64	45.3	45.04	37.51	44.82
Inventory Turnover	- -	- -	23.34	22.43	20.73	18.52	19.91	17.05	14.92	16.04	14.38	10.59
Days Inventory Outstanding	- -	- -	15.64	16.27	17.61	19.71	18.34	21.4	24.47	22.75	25.39	34.46
Accounts Payable Turnover	- -	- -	3.62	3.58	3.54	3.25	3.2	3.36	3.43	3.5	3.86	3.47
Accounts Payable Turnover Days	- -	- -	100.8	101.94	102.98	112.34	114.01	108.68	106.35	104.27	94.44	105.12
Cash Conversion Cycle	- -	- -	-43.16	-36.85	-36.85	-39.15	-46.79	-44.64	-36.58	-36.47	-31.54	-25.84
Inventory to Cash Days	- -	- -	26.36	32.54	30.91	33.77	30.55	21.23	20.83	22.29	12.12	10.35
Inventories	- -	1,619	2,538	2,678	3,649	3,281	3,403	5,898	4,776	3,622	6,716	10,437
Raw Materials	- -	657	925	967	1,794	1,590	1,718	3,653	3,225	2,321	4,432	6,696
Work In Process	- -	189	503	514	702	563	677	855	708	607	1,128	2,772
Finished Goods	- -	773	1,110	1,197	1,153	1,128	1,008	1,390	843	694	1,156	969
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	6,322	9,474	13,942	9,676	9,302	9,508	9,477	8,607	7,366	3,633	11,528
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	5,766	5,766	4,823	4,729	5,074	105	97	95	95	- -
+ Total Debt	- -	13,631	49,390	51,871	53,521	53,848	39,222	26,954	29,588	25,994	24,567	31,503
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	- -	15,203	68,630	69,740	53,775	57,632	47,247	25,374	26,563	23,862	23,180	29,033
Total Debt/Capital (%)	- -	89.66	71.97	74.38	99.53	93.43	83.01	106.23	111.39	108.93	105.98	108.51
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	54,142	50,911	62,164	79,040	90,621	84,815	86,670	101,197	102,301	88,425	95,567	113,538
TTM EBITDA	2,661	2,358	2,548	6,218	7,555	8,509	9,075	9,210	8,927	8,714	9,360	11,178
TTM Operating Income	-316	-514	-2,390	-2,416	-191	2,366	3,685	4,659	5,771	5,933	6,656	8,446
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	13,371	11,594	4,527	9,914	5,803	12,460
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	13,371	11,594	4,527	9,914	5,803	12,460

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Shares Outstanding	50,451	50,341	50,341	50,341	50,381	52,203	52,763	53,044	50,171	49,494	48,778	45,670
Diluted Weighted Avg Shares	52,553	52,553	52,553	52,553	50,381	52,623	53,744	55,426	52,763	49,494	50,451	47,928
Basic Weighted Avg Shares	50,451	50,451	50,451	50,451	50,381	50,731	52,133	53,394	51,432	49,494	49,400	47,298
Revenue per Share	1.07	1.01	1.23	1.57	1.8	1.67	1.66	1.9	1.99	1.79	1.93	2.4
EBITDA per Share	0.05	0.05	0.05	0.12	0.15	0.17	0.17	0.17	0.17	0.18	0.19	0.24
Operating Income per Share	-0.01	-0.01	-0.05	-0.05	- -	0.05	0.07	0.09	0.11	0.12	0.13	0.18
Basic EPS, GAAP	-0.02	-0.02	-0.02	-0.06	-0.05	0.09	0.06	0.1	0.05	0.07	0.09	0.13
Basic EPS from Cont Ops	-0.02	-0.02	-0.06	-0.06	-0.04	0.01	0.04	0.09	0.05	0.07	0.09	0.13
Diluted EPS, GAAP	-0.02	-0.02	-0.02	-0.05	-0.05	0.09	0.06	0.1	0.05	0.07	0.09	0.12
Diluted EPS from Cont Ops	-0.02	-0.02	-0.06	-0.06	-0.04	0.01	0.04	0.09	0.05	0.07	0.09	0.12
Dividend per Share	- -	- -	- -	- -	0.04	- -	- -	- -	0.02	0.02	0.03	0.03
Cash Flow per Share	0.05	0.04	0.05	0.14	0.14	0.18	0.22	0.19	0.07	0.18	0.09	0.24
Free Cash Flow per Basic Share	0.05	0.04	0.05	0.14	0.14	0.18	0.22	0.19	0.07	0.18	0.09	0.24
Cash & Equivalents per Share	- -	0.13	0.23	0.32	0.19	0.18	0.18	0.18	0.17	0.15	0.07	0.25
Book Value per Share	- -	0.03	0.27	0.24	-0.09	-0.02	0.06	-0.03	-0.06	-0.04	-0.03	-0.05
Tangible Book Value per Share	- -	-0.31	-1.2	-1.11	-1.33	-1.16	-0.5	-0.55	-0.58	-0.56	-0.52	-0.58