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To examine the financial information of Dell and IBM for the years 2021, 2022, and

2023, it is crucial to consider the essential economic indicators presented in the table.
Here, I will give a concise examination of some significant elements:

2023 2022 2021


Head
Dell IBM Dell IBM Dell IBM
Total Revenue 1.09% 5.54% 7.40% -22.10% 2.25% -4.57%
Cost of Revenue 0.39% 7.65% 22.37% -32.02% 2.51% -6.43%
Gross Profit 3.63% 3.81% -25.58% -11.49% 1.67% -2.50%
Operating Expense -1.84% -0.44% -29.01% -14.48% -7.75% 10.96%
Operating Income 23.87% 19.07% -9.43% 1.16% 96.19% -35.64%
Pretax Income -45.55% -76.10% 61.39% 4.31% -91850.00% -54.39%
Tax Provision -18.14% -604.84% 494.55% -114.35% -102.98% -218.19%
Net Income Common Stockholders -56.10% -71.46% 71.17% 2.74% -29.59% -40.73%
Total Expenses -0.01% 3.71% 8.37% -24.46% -0.50% 0.35%
Net Income from Continuing &
Discontinued Operation -56.10% -71.46% 71.17% 2.72% -29.59% -40.73%
Interest Income -100.00% 211.54% -22.22% -50.48% -66.25% -69.91%
Interest Expense -20.75% 5.28% -35.45% -10.33% -9.03% -4.17%
Net Interest Income -301.42% 5.28% -185.75% -10.33% -43.87% -4.17%
EBIT 23.87% -60.41% -9.43% 1.13% 96.19% -48.52%
EBITDA 23.87% -42.18% -9.43% -1.68% 96.19% -28.17%
Net Income from Continuing
Operation Net Minority Interest -49.10% -62.18% 47.63% -14.34% -29.59% -41.70%
Total Unusual Items Excluding
Goodwill -113.32% -3.59% 447.35% -267.00% 165.10% -148.31%
Total Unusual Items -113.32% -3.59% 447.35% -267.00% 165.10% -148.31%
Normalized EBITDA 23.87% -42.18% -9.43% -1.68% 96.19% -28.17%

Balance Sheet
Total Assets -3.29% -3.60% -24.92% -15.37% 3.83% 102.49%
Current Assets -5.80% -1.43% 3.19% -24.58% 18.08% 101.94%
Total non-current assets -0.93% -4.23% -40.26% -12.28% -2.58% 102.67%
Total Liabilities Net Minority Interest -1.70% -6.89% -18.33% -16.44% 0.27% 103.08%
Current Liabilities -8.00% -6.29% 3.71% -15.68% 4.02% 105.75%
Total Non-Current Liabilities Net
Minority Interest 7.58% -7.14% -37.81% -16.77% -2.82% 102.01%
Total Equity Gross Minority Interest 91.46% 15.92% -119.69% -8.35% 112.08% 98.77%
Stockholders' Equity 85.28% 16.10% -157.10% -8.23% -412.28% 98.83%
Minority Interest -7.62% -18.95% -97.93% -26.36% 7.30% 89.58%
Income:
Dell experienced a 7.40% growth in revenue from 2021 to 2022, followed by a 1.09%
decline in 2023. IBM had a decrease in revenue of 22.10% from 2021 to 2022, followed
by an increase of 5.54% in 2023.
Net Revenue:
In 2022, Dell experienced a decline of 25.58% in its gross profit, followed by a
subsequent increase of 3.63% in 2023.
In 2022, IBM experienced an 11.49% decline in gross profit, followed by a 3.81% growth
in 2023.
Profit from operations:
Dell experienced a substantial 96.19% growth in operating income in 2022, followed by
a subsequent decline of 9.43% in 2023.
In 2022, IBM experienced a 1.16% growth in operating income.
Profit after deducting all expenses and taxes:
Both Dell and IBM encountered variations in their net income. Dell experienced a
decline in net income in 2022, followed by a subsequent increase in 2023. IBM's net
income increased in 2022, followed by a reduction in 2023.
Income and expense related to the accrual of interest:
Both companies saw variations in their interest revenue and costs. Notably, Dell
experienced a significant decline in interest income in 2022, while IBM saw a decrease
in interest expense in the same year.
Aggregate holdings:
Also, Dell and IBM had a decline in their total assets from 2021 to 2022, but they also
witnessed a gain in 2023.
Aggregate Debts:
Both corporations had a decline in their overall financial obligations from 2021 to 2022,
and this downward trend persisted in 2023.
Equity
Both corporations had volatile equity over the years, with notable fluctuations. Dell
experienced a substantial decline in stockholders' equity in 2022, followed by a
significant increase in 2023. IBM's shareholders' equity declined in 2022, followed by a
gain in 2023.
Acknowledging that these financial measures offer a momentary view of the companies'
financial performance and position during the specified years is crucial. To conduct a
more comprehensive analysis, it would be advantageous to consider supplementary
economic statistics, industry benchmarks, and external factors that could have impacted
these patterns. Furthermore, it is imperative to comprehend the context and tactics
employed by each organization to evaluate these figures accurately.

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