Dell Net Invested Capital vs Net Tangible Assets Analysis
DELL Stock | USD 118.78 5.86 4.70% |
Dell Technologies financial indicator trend analysis is much more than just examining Dell Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dell Technologies is a good investment. Please check the relationship between Dell Technologies Net Invested Capital and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dell Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Dell Stock please use our How to buy in Dell Stock guide.
Net Invested Capital vs Net Tangible Assets
Net Invested Capital vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dell Technologies Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dell Technologies' Net Invested Capital and Net Tangible Assets is -0.02. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Dell Technologies, assuming nothing else is changed. The correlation between historical values of Dell Technologies' Net Invested Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Dell Technologies are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Dell Technologies' Net Invested Capital and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Dell Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dell Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dell Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Dell Stock please use our How to buy in Dell Stock guide.At this time, Dell Technologies' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.19 this year, although the value of Discontinued Operations will most likely fall to about 680 M.
2020 | 2021 | 2023 | 2024 (projected) | Gross Profit | 21.9B | 22.7B | 21.7B | 14.9B | Total Revenue | 101.2B | 102.3B | 88.4B | 68.8B |
Dell Technologies fundamental ratios Correlations
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Dell Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dell Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 111.8B | 123.4B | 92.7B | 89.6B | 82.1B | 58.9B | |
Other Current Liab | 8.5B | 9.5B | 8.9B | 10.9B | 6.8B | 7.4B | |
Total Current Liabilities | 48.7B | 54.1B | 56.1B | 51.7B | 48.5B | 29.6B | |
Total Stockholder Equity | (4.6B) | 3.0B | (1.7B) | (3.1B) | (2.4B) | (2.3B) | |
Other Liab | 18.6B | 17.6B | 18.3B | 17.0B | 19.5B | 20.5B | |
Retained Earnings | (21.3B) | (13.8B) | (8.2B) | (6.7B) | (4.6B) | (4.4B) | |
Accounts Payable | 19.2B | 21.7B | 27.1B | 18.6B | 19.4B | 14.0B | |
Cash | 9.7B | 14.2B | 9.5B | 8.6B | 7.4B | 9.2B | |
Long Term Debt | 44.3B | 41.6B | 21.1B | 23.0B | 19.0B | 15.3B | |
Inventory | 3.6B | 3.4B | 5.9B | 4.8B | 3.6B | 2.1B | |
Other Current Assets | 6.0B | 8.0B | 11.6B | 10.8B | 11.0B | 11.5B | |
Total Liab | 111.6B | 115.4B | 94.2B | 92.6B | 84.4B | 53.4B | |
Intangible Assets | 22.3B | 14.4B | 7.5B | 6.5B | 5.7B | 10.9B | |
Common Stock | 16.1B | 16.8B | 7.9B | 8.4B | 8.9B | 6.0B | |
Property Plant Equipment | 7.8B | 8.5B | 5.4B | 6.2B | 7.1B | 7.5B | |
Other Assets | 8.0B | 8.5B | 7.7B | 7.8B | 8.9B | 9.4B | |
Treasury Stock | (63M) | (65M) | (305M) | (964M) | (1.1B) | (1.2B) | |
Good Will | 40.1B | 40.8B | 19.8B | 19.7B | 19.7B | 19.0B | |
Common Stock Total Equity | 7.2M | 16.1B | 16.8B | 7.9B | 9.1B | 4.7B | |
Total Current Assets | 36.1B | 43.6B | 45.0B | 42.4B | 35.9B | 30.0B | |
Accumulated Other Comprehensive Income | (467M) | (314M) | (431M) | (1.0B) | (800M) | (760M) | |
Property Plant And Equipment Net | 5.3B | 6.4B | 5.4B | 6.2B | 6.4B | 5.2B | |
Net Debt | 43.8B | 33.8B | 17.5B | 21.0B | 18.6B | 22.7B | |
Non Current Assets Total | 75.7B | 79.8B | 47.7B | 47.3B | 46.1B | 55.9B | |
Non Currrent Assets Other | 10.3B | 7.0B | 13.4B | 7.3B | 1.4B | 2.5B | |
Cash And Short Term Investments | 9.7B | 14.2B | 9.5B | 8.6B | 7.4B | 7.8B | |
Net Receivables | 16.8B | 17.9B | 18.0B | 18.1B | 14.0B | 14.4B | |
Common Stock Shares Outstanding | 751M | 767M | 791M | 753M | 736M | 703.1M | |
Non Current Liabilities Total | 62.9B | 61.3B | 38.1B | 41.0B | 35.9B | 42.9B | |
Other Stockholder Equity | (63M) | (462M) | (1.4B) | (3.8B) | (5.9B) | (6.2B) | |
Short Long Term Debt Total | 53.5B | 48.0B | 27.0B | 29.6B | 26.0B | 36.0B | |
Liabilities And Stockholders Equity | 111.8B | 123.4B | 92.7B | 89.6B | 82.1B | 97.4B | |
Short Term Debt | 8.1B | 6.4B | 5.8B | 6.6B | 7.0B | 6.4B | |
Net Tangible Assets | (68.7B) | (62.1B) | (53.4B) | (28.9B) | (26.0B) | (27.3B) | |
Long Term Investments | 864M | 1.6B | 1.8B | 1.5B | 1.3B | 1.8B | |
Short Long Term Debt | 7.7B | 6.4B | 5.8B | 6.6B | 7.0B | 6.4B |
Dell Technologies Investors Sentiment
The influence of Dell Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dell Technologies' public news can be used to forecast risks associated with an investment in Dell. The trend in average sentiment can be used to explain how an investor holding Dell can time the market purely based on public headlines and social activities around Dell Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dell Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dell Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dell Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dell Technologies.
Dell Technologies Implied Volatility | 77.1 |
Dell Technologies' implied volatility exposes the market's sentiment of Dell Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dell Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dell Technologies stock will not fluctuate a lot when Dell Technologies' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dell Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dell Technologies' short interest history, or implied volatility extrapolated from Dell Technologies options trading.
Pair Trading with Dell Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dell Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dell Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Dell Stock
0.81 | MEI | Methode Electronics Financial Report 27th of June 2024 | PairCorr |
0.6 | EXTR | Extreme Networks Fiscal Year End 7th of August 2024 | PairCorr |
0.54 | BELFB | Bel Fuse B | PairCorr |
0.45 | KE | Kimball Electronics Earnings Call This Week | PairCorr |
0.44 | HLIT | Harmonic Tech Boost | PairCorr |
The ability to find closely correlated positions to Dell Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dell Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dell Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dell Technologies to buy it.
The correlation of Dell Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dell Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dell Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dell Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dell Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Dell Stock please use our How to buy in Dell Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Dell Stock analysis
When running Dell Technologies' price analysis, check to measure Dell Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dell Technologies is operating at the current time. Most of Dell Technologies' value examination focuses on studying past and present price action to predict the probability of Dell Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dell Technologies' price. Additionally, you may evaluate how the addition of Dell Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Dell Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dell Technologies. If investors know Dell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dell Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.909 | Dividend Share 1.48 | Earnings Share 4.36 | Revenue Per Share 122.813 | Quarterly Revenue Growth (0.11) |
The market value of Dell Technologies is measured differently than its book value, which is the value of Dell that is recorded on the company's balance sheet. Investors also form their own opinion of Dell Technologies' value that differs from its market value or its book value, called intrinsic value, which is Dell Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dell Technologies' market value can be influenced by many factors that don't directly affect Dell Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dell Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dell Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dell Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.