Dollar General Corporation (DG)
Debt-to-equity ratio
| Jan 31, 2025 | Feb 2, 2024 | Jan 31, 2024 | Feb 3, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,413,710 | 6,749,120 | 6,749,120 | 5,541,770 | 5,541,770 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $7,413,710K
= 0.00
The debt-to-equity ratio for Dollar General Corporation has consistently remained at 0.00 from January 31, 2023, to January 31, 2025. This implies that the company has been financing its operations primarily through equity rather than debt during this period. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure, which may signify a lower financial risk and less financial leverage. It suggests that Dollar General Corporation has a conservative approach to financing its operations and growth, potentially enhancing its financial stability and flexibility.
Peer comparison
Jan 31, 2025