Dollar Tree Inc (DLTR)
Cash ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,256,500 | 697,600 | 570,300 | 618,500 | 684,900 | 684,900 | 444,600 | 444,600 | 512,700 | 512,700 | 872,800 | 872,800 | 642,800 | 642,800 | 439,000 | 439,000 | 688,900 | 688,900 | 1,218,500 | 984,900 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 8,585,900 | 6,413,300 | 5,999,900 | 4,756,300 | 4,696,700 | 4,696,700 | 4,647,900 | 4,647,900 | 4,150,300 | 4,150,300 | 4,141,500 | 4,141,500 | 4,225,200 | 4,225,200 | 4,683,100 | 4,683,100 | 4,380,500 | 4,380,500 | 4,289,900 | 4,176,600 |
| Cash ratio | 0.15 | 0.11 | 0.10 | 0.13 | 0.15 | 0.15 | 0.10 | 0.10 | 0.12 | 0.12 | 0.21 | 0.21 | 0.15 | 0.15 | 0.09 | 0.09 | 0.16 | 0.16 | 0.28 | 0.24 |
January 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,256,500K
+ $—K)
÷ $8,585,900K
= 0.15
The cash ratio of Dollar Tree Inc has fluctuated over the past few years. From January 31, 2022, to January 28, 2023, the cash ratio ranged between 0.09 and 0.28. The company's cash ratio peaked at 0.28 on April 30, 2022, indicating that Dollar Tree had $0.28 in cash and cash equivalents for every $1 of current liabilities. However, the cash ratio dropped to 0.09 by October 29, 2022, before slightly increasing to 0.15 by January 31, 2023.
Subsequently, the cash ratio fluctuated between 0.10 and 0.21 until October 31, 2023. There was a dip in the cash ratio to 0.10 on October 31, 2023, before recovering slightly to 0.15 by January 31, 2024. The ratio decreased to 0.13 on April 30, 2024, and continued to decline to 0.10 by July 31, 2024. The most recent data as of January 31, 2025, shows the cash ratio at 0.15.
Overall, Dollar Tree Inc's cash ratio indicates its ability to cover short-term liabilities with its available cash and cash equivalents. It is important to monitor the trend of the cash ratio over time to assess the company's liquidity position and ability to meet its short-term obligations.
Peer comparison
Jan 31, 2025