Dollar General Corporation (DG)

Current ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 2, 2024	Jan 31, 2024	Nov 3, 2023	Oct 31, 2023	Aug 4, 2023	Jul 31, 2023	May 5, 2023	Apr 30, 2023	Feb 3, 2023	Jan 31, 2023	Oct 31, 2022	Oct 28, 2022	Jul 31, 2022	Jul 29, 2022	Apr 30, 2022	Apr 29, 2022
Total current assets	US$ in thousands	8,163,920	8,176,520	8,724,240	8,096,970	8,010,720	8,010,720	8,271,080	8,271,080	8,413,980	8,413,980	8,055,460	8,055,460	7,581,010	7,581,010	8,017,020	8,017,020	7,682,890	7,682,890	6,736,870	6,736,870
Total current liabilities	US$ in thousands	6,868,700	7,110,700	7,141,190	6,641,860	6,725,700	6,725,700	6,787,090	6,787,090	6,033,920	6,033,920	6,100,680	6,100,680	5,887,770	5,887,770	6,502,650	6,502,650	7,566,790	7,566,790	6,951,840	6,951,840
Current ratio		1.19	1.15	1.22	1.22	1.19	1.19	1.22	1.22	1.39	1.39	1.32	1.32	1.29	1.29	1.23	1.23	1.02	1.02	0.97	0.97

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $8,163,920K ÷ $6,868,700K
= 1.19

The current ratio of Dollar General Corporation has shown some fluctuation over the past few years, starting at 0.97 in April 2022 and gradually increasing to 1.39 by July 2023. This indicates that the company's current assets were growing in proportion to its current liabilities during this period. However, there was a slight drop in the ratio to 1.15 by October 2024, and then a slight recovery to 1.19 by January 2025.

Overall, Dollar General Corporation has maintained a current ratio above 1, which is considered a healthy sign as it suggests the company has more current assets than current liabilities to cover its short-term obligations. The fluctuation in the current ratio may signify changes in the company's liquidity position and its ability to meet short-term financial obligations. It is important for investors and analysts to monitor these trends over time to assess the company's financial health and stability.