Dell Incorporation (or Dell) is a tech-based company founded in 1984 in Austin, Texas, United States. Dell has slowly made its way up the ladder and is now known worldwide for the multitude of products it has brought into the technology market. It is known for the development and retail of computers and related products and services.
What is Dell’s stock split history?
The majority of reports claim that Dell has had 9 stock splits recorded. Their first-ever stock split was recorded in 1992 and it was a 3-for-2 split where every 2 shares owned by shareholders before the split would now be counted as 3 shares owned. The next stock split for Dell was in 1995, and from then on, Dell split its stock every year till 1999. All these were 2-for-1 splits. The most recent splits took place in 2018 (1806-for-1000) and 2021 (1973-for-1000). Below is a table of Dell’s stock split history:
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What is the value of Dell’s total assets?
According to Dell’s most recent balance sheet of the year April 2023, the company’s total assets are valued at $84.09 billion. Keeping in mind that total assets are the sum of all current and noncurrent assets, the above value is not comforting. That is because Dell’s total assets in 2021 were valued at $123.41 billion, but they have consistently fallen in value in 2022 and 2021.
What is Dell’s performance in Q1 of 2023?
In the first quarter of 2023, Dell’s market capitalization was $36.12 billion, more than 25% than the previous year (2022). Next, Dell’s current revenue for the year 2023, is $102.30 billion which is 2.81% less than their total revenue in 2022. This is also the first time in many years that Dell has experienced a fall in its revenue.
FAQs
What are Dell’s earnings for 2023?
In 2023, Dell earned $5.77 billion on average which is 6.78% less than its earnings in 2022.
Based on the market cap, what is Dell’s ranking in the world?
Based on Dell’s market cap ($ 36.12 billion), it ranks as the 497th most valuable company in the world.
What is Dell’s full brand name?
Very recently, Dell has been renamed as the Dell Computer Corporation.
Is Dell stock a good buy now?
Wall Street analysts believe that Dell stock is a “Strong Buy” despite the little financial turbulence they have been experiencing.
Conclusion
With 9 stock splits in its repertoire, Dell has been going through a lot of ups and downs in terms of revenue and earnings compared to their previous years. Despite these conditions, analysts still believe it is safe to invest in Dell stock because of the company’s potential.
