Dollar General Corporation (DG)
Quick ratio
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 932,576 | 537,283 | 537,283 | 381,576 | 381,576 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | — | 112,262 | — | 135,775 | — |
| Total current liabilities | US$ in thousands | 6,868,700 | 6,725,700 | 6,725,700 | 5,887,770 | 5,887,770 |
| Quick ratio | 0.14 | 0.10 | 0.08 | 0.09 | 0.06 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($932,576K
+ $—K
+ $—K)
÷ $6,868,700K
= 0.14
The quick ratio of Dollar General Corporation has fluctuated over the past five years, indicating varying levels of liquidity. As of January 31, 2023, the quick ratio was 0.06, suggesting that the company may have had challenges in meeting its short-term obligations with its most liquid assets at that time. However, there was a slight improvement by February 3, 2023, with the quick ratio rising to 0.09.
Subsequently, the quick ratio remained relatively stable around 0.08 as of January 31, 2024, and then improved to 0.10 by February 2, 2024. This indicates that Dollar General may have enhanced its ability to cover its short-term liabilities with its quick assets during that period.
The most recent data, as of January 31, 2025, shows a further improvement in the quick ratio to 0.14, signaling an increased ability to meet immediate financial obligations using liquid assets. Overall, while the quick ratio has shown fluctuations, the trend demonstrates an overall improvement in Dollar General's liquidity position over the five-year period analyzed.
Peer comparison
Jan 31, 2025