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ACCT 509- Discussion Post #2 Dell Technologies Inc.

Aug 26, 2023

Go to the SEC website company filings page (EDGAR) stock in or a company you are interested in investing in. For your initial response, what type of company (service, retail, manufacturing, mixture of these) and what their m

  1. Where is the company’s headquarters?
  2. What is their financial website?
  3. Is the company committed to sustainability/corporate responsibility? What is yot
  4. Names of CEO and CFO:
  5. Financial reporting abbreviation – Billions, Millions, or Thousands?
  6. What is the company’s current ratio for the most recent year reported? Has it into
  7. What is the company’s profit margin for the most recent year reported? Has it into profitability?

Discussion Post #2 Dell Technologies Inc.

Dell Technologies Inc. is an American multinational technology company offering personal; computers, smartphones, computer software, and network security as well as information security functions.

  1. The headquarters of Dell Technologies Inc. is located in Round Rock, Texas.
  2. is the financial website of Dell Technologies Inc.
  3. Yes, definitely Dell is committed to sustainability or the responsibility that it has towards society. It is proved by the fact, that it uses 396.5 million pounds of sustainable materials in its products and packaging. It has also been identified as one of the world’s most ethical companies by the Ethisphere Institute for the tenth year.
  4. The chief financial officer or CFO of Dell is Tom Sweet while the chief executive officer or the CEO is Michael Saul Dell.
  5. Financial reporting abbreviation is millions.
  6. The current ratio of Dell is 0.77 for the current financial year ending July 31

The current ratio indicates the ability of the firm to pay its short-term obligations. While a current ratio of more than 1 is an indication that the company has the financial resources to stay solvent in the short term, a current ratio of less than 1 is indicative of the fact that the company does not have the capital in hand to meet its obligations if all were to be due at once. Hence to conclude we can say that Dell has a current ratio which reflects a lack of ability to meet all its obligations at once.

  1. The profit margin for Dell Technologies Inc. in the current financial year is 20.58% which is less in comparison to the previous year when it was 22.63%. This shows that the profitability of the company has declined over the years.

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