Dollar General Corporation (DG)
Debt-to-equity 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-equity 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 | 0.98 | 0.00 | 0.69 | 0.00 | 0.66 |
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 is a financial metric that indicates the proportion of a company's debt to its equity. It is calculated by dividing total debt by total equity.
Based on the data provided for Dollar General Corporation, the debt-to-equity ratio fluctuates over the reporting periods. It was 0.66 as of April 29, 2022, increased to 0.69 by July 29, 2022, and reached 0.98 by October 28, 2022. Subsequently, the ratio decreased back to 0.00 as of January 31, 2023, and remained at 0.00 for the following reporting periods until January 31, 2025.
A debt-to-equity ratio of 0.66 indicates that the company had more debt than equity as of April 29, 2022, while a ratio of 0.98 as of October 28, 2022, indicates a higher level of debt relative to equity. The subsequent decrease to 0.00 may suggest that the company either reduced its debt levels or increased its equity base.
Overall, the trend in the debt-to-equity ratio for Dollar General Corporation shows variations, indicating changes in the company's capital structure and financial leverage over the different reporting periods. Investors and analysts may use this ratio to assess the company's financial risk and its ability to meet debt obligations.
Peer comparison
Jan 31, 2025