Dollar Tree Inc (DLTR)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | 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 |
| Quick 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
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,256,500K
+ $—K
+ $—K)
÷ $8,585,900K
= 0.15
The quick ratio of Dollar Tree Inc has shown fluctuations over the period from January 2022 to January 2025. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets.
The quick ratio started at 0.24 in January 2022, indicating that the company had $0.24 of liquid assets available to cover each dollar of its current liabilities. The ratio increased slightly to 0.28 in April 2022 but then decreased to 0.16 in July 2022 and remained at the same level in October 2022. This decline may indicate a decrease in the company's ability to quickly cover its short-term obligations.
Subsequent periods saw some fluctuations, with the quick ratio reaching its lowest point of 0.09 in October 2022, suggesting a potential liquidity issue. However, the ratio improved to 0.15 in January 2023 and remained at that level until April 2023.
The quick ratio decreased again to 0.12 in July 2023 and then to 0.10 in October 2023, indicating a deterioration in the company's ability to meet short-term obligations with its liquid assets. The ratio increased slightly to 0.15 in January 2024, but then declined to 0.13 in April 2024, and further to 0.10 in July 2024.
The most recent data point in January 2025 showed the quick ratio improving to 0.15. Overall, the trend in the quick ratio of Dollar Tree Inc shows some volatility, with periods of improvement followed by declines. It is important for the company to closely monitor its liquidity position to ensure it can meet its short-term obligations effectively.
Peer comparison
Jan 31, 2025