Dollar General Corporation (DG)
Current ratio
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 8,163,920 | 8,010,720 | 8,010,720 | 7,581,010 | 7,581,010 |
| Total current liabilities | US$ in thousands | 6,868,700 | 6,725,700 | 6,725,700 | 5,887,770 | 5,887,770 |
| Current ratio | 1.19 | 1.19 | 1.19 | 1.29 | 1.29 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $8,163,920K ÷ $6,868,700K
= 1.19
Based on the provided data, Dollar General Corporation's current ratio has been relatively stable over the past few years. The current ratio measures the company's ability to meet its short-term obligations with its current assets. From January 31, 2023, to February 3, 2023, and continuing until January 31, 2024, the current ratio remained constant at 1.29. However, there was a slight decrease to 1.19 on both February 2, 2024, and January 31, 2025.
A current ratio of 1.19 indicates that Dollar General Corporation has $1.19 in current assets for every $1 in current liabilities, suggesting that the company may have a slightly tighter liquidity position compared to the previous periods. It is important for the company to closely monitor its current assets and liabilities to ensure it can continue to meet its short-term financial obligations efficiently.
Peer comparison
Jan 31, 2025