Dollar General Corporation (DG)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 5,985,730 | — | 4,290,700 | — | 3,947,460 |
| Total stockholders’ equity | US$ in thousands | 7,413,710 | 7,342,580 | 7,260,240 | 7,000,180 | 6,749,120 | 6,749,120 | 6,451,880 | 6,451,880 | 6,297,700 | 6,297,700 | 5,935,250 | 5,935,250 | 5,541,770 | 5,541,770 | 6,093,810 | 6,093,810 | 6,188,490 | 6,188,490 | 5,961,620 | 5,961,620 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.00 | 0.41 | 0.00 | 0.40 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $7,413,710K)
= 0.00
The debt-to-capital ratio is a financial metric that indicates the proportion of a company's capital structure that is financed by debt. A lower ratio generally implies lower financial risk as it suggests that the company is relying less on debt to fund its operations and investments.
Based on the data provided for Dollar General Corporation, the debt-to-capital ratio fluctuates over the periods mentioned. It ranged from 0.00 to 0.50 during the analyzed timeframe. It is important to note that a ratio of 0.00 indicates that the company has no debt in its capital structure for the periods reported.
The varying levels of the debt-to-capital ratio suggest that Dollar General Corporation has been managing its debt levels prudently and has maintained a healthy balance between debt and equity financing. This indicates that the company may have a strong financial position and may have been using debt efficiently to support its growth and operations.
Overall, the trend of the debt-to-capital ratio for Dollar General Corporation indicates that the company has been maintaining a conservative approach towards debt management, which is favorable for its financial stability and long-term sustainability.
Peer comparison
Jan 31, 2025