Financial Statement Analysis

Ticker: DELL US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Dell Technologies Inc
Filing: Most Recent

Standardized
  Original:2016 A   Original:2017 A   Restated:2018 A   Original:2019 A   Current/LTM  
For the period ending 2016-1-29 2017-2-3 2018-2-2 2019-2-1 2019-8-2
Cash from Operating Activities          
  + Net Income -1,104.00 -1,672.00 -2,849.00 -2,310.00 2,534.00
  + Depreciation & Amortization 2,872.00 4,938.00 8,634.00 7,746.00 7,015.00
  + Non-Cash Items 275.00 -3,646.00 -1,093.00 472.00 -3,004.00
    + Stock-Based Compensation 72.00 398.00 835.00 918.00 1,067.00
    + Deferred Income Taxes -205.00 -2,201.00 -2,605.00 -1,331.00 -6,193.00
    + Other Non-Cash Adj 408.00 -1,843.00 677.00 885.00 2,122.00
  + Chg in Non-Cash Work Cap 119.00 2,602.00 2,151.00 1,083.00 616.00
    + (Inc) Dec in Accts Receiv 187.00 -1,776.00 -1,590.00 -1,104.00 -548.00
    + (Inc) Dec in Inventories -5.00 1,076.00 -325.00 -1,445.00 194.00
    + Inc (Dec) in Accts Payable -374.00 751.00 3,779.00 952.00 -1,438.00
    + Inc (Dec) in Other 311.00 2,551.00 287.00 2,680.00 2,408.00
  + Net Cash From Disc Ops     0.00 0.00 0.00
Cash from Operating Activities 2,162.00 2,222.00 6,843.00 6,991.00 7,161.00
           
Cash from Investing Activities          
  + Change in Fixed & Intang -394.00 -675.00 -1,212.00 -1,158.00 -1,787.00
    + Disp in Fixed & Intang 88.00 24.00 0.00 0.00 0.00
    + Disp of Fixed Prod Assets     0.00 0.00  
    + Disp of Intangible Assets     0.00 0.00  
    + Acq of Fixed & Intang -482.00 -699.00 -1,212.00 -1,158.00 -1,787.00
    + Acq of Fixed Prod Assets -482.00 -699.00 -1,212.00 -1,158.00 -1,653.00
    + Acq of Intangible Assets 0.00 0.00 0.00 0.00 -366.00
  + Net Change in LT Investment 0.00 0.00 0.00 0.00 0.00
    + Dec in LT Investment 0.00 0.00 0.00 0.00  
    + Inc in LT Investment 0.00 0.00 0.00 0.00  
  + Net Cash From Acq & Div 8.00 -30,756.00 -658.00 -770.00 -1,113.00
    + Cash from Divestitures 8.00 6,873.00 0.00 142.00 145.00
    + Cash for Acq of Subs 0.00 -37,629.00 -658.00 -912.00 -1,258.00
    + Cash for JVs 0.00 0.00 0.00 0.00 0.00
  + Other Investing Activities 65.00 175.00 -1,005.00 5,317.00 5,085.00
  + Net Cash From Disc Ops     0.00 0.00 0.00
Cash from Investing Activities -321.00 -31,256.00 -2,875.00 3,389.00 2,268.00
           
Cash from Financing Activities          
  + Dividends Paid 0.00 0.00 0.00 -2,134.00 -2,134.00
  + Cash From (Repayment) Debt -490.00 29,933.00 2,157.00 1,594.00 2,195.00
  + Cash (Repurchase) of Equity 2.00 3,264.00 -1,322.00 -13,300.00 -14,297.00
    + Increase in Capital Stock 2.00 4,586.00 131.00 803.00  
    + Decrease in Capital Stock 0.00 -1,322.00 -1,453.00 -14,103.00  
  + Other Financing Activities -8.00 -1,289.00 -432.00 -489.00 -1,027.00
  + Net Cash From Disc Ops     0.00 0.00 0.00
Cash from Financing Activities -496.00 31,908.00 403.00 -14,329.00 -15,264.00
           
  Effect of Foreign Exchange Rates -167.00 24.00 175.00 -189.00 -35.00
           
Net Changes in Cash 1,178.00 2,898.00 4,546.00 -4,138.00 -5,870.00
           
Cash Paid for Taxes     924.00 747.00  
Cash Paid for Interest     2,192.00 2,347.00  
           
Reference Items          
EBITDA 2,358.00 1,686.00 6,218.00 7,555.00 8,302.00

This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
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Bloomberg ®              09/17/2019 08:24:08 1     

 Financial Statement Analysis
Ticker: DELL US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Dell Technologies Inc
Filing: Most Recent
  Original:2016 A   Original:2017 A   Restated:2018 A   Original:2019 A   Current/LTM  
For the period ending 2016-1-29 2017-2-3 2018-2-2 2019-2-1 2019-8-2
Trailing 12M EBITDA Margin 4.63 2.74 7.87 8.34 9.06
Net Cash Paid for Acquisitions 0.00 37,629.00 658.00 912.00 1,258.00
Free Cash Flow 1,680.00 1,523.00 5,631.00 5,833.00 5,481.00
Free Cash Flow to Equity   31,480.00 7,788.00 7,427.00 7,676.00
Free Cash Flow per Basic Share 4.15 3.24 9.93 10.02 8.25
Price to Free Cash Flow       4.95 6.56
Cash Flow to Net Income         0.96

This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
Countries”). BFLP is a wholly-owned subsidiary of Bloomberg LP (“BLP”). BLP provides BFLP with all the global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates
do not provide investment advice, and nothing herein shall constitute an offer of financial instruments by BFLP, BLP or their affiliates.

Bloomberg ®              09/17/2019 08:24:08 2