Dollar Tree Inc (DLTR)

Debt-to-assets ratio

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Long-term debt	US$ in thousands	—	3,426,300	—	—	3,421,600
Total assets	US$ in thousands	18,644,000	22,023,500	22,023,500	23,022,100	23,022,100
Debt-to-assets ratio		0.00	0.16	0.00	0.00	0.15

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $18,644,000K
= 0.00

The debt-to-assets ratio for Dollar Tree Inc has shown a consistent pattern over the years. In January 2023, the ratio stood at 0.15, indicating that 15% of the company's assets were funded by debt. However, in the subsequent periods of January 31, 2023, and January 31, 2024, the ratio plummeted to 0.00, suggesting that the company's debt levels were either minimal or non-existent compared to its total assets.

This trend shifted in February 3, 2024, with the ratio rising to 0.16, indicating a slight increase in debt relative to assets. Nonetheless, by January 31, 2025, the ratio once again dropped to 0.00, displaying a return to a debt-free or low-debt financing structure. Overall, Dollar Tree Inc has maintained a conservative approach towards debt utilization, with periods of minimal debt levels in relation to its asset base.