Dollar Tree Inc (DLTR)

Debt-to-assets 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
Long-term debt	US$ in thousands	—	—	—	—	3,426,300	—	—	3,425,100	—	3,423,900	—	3,422,700	—	3,421,600	—	3,420,400	—	3,419,300	—	—
Total assets	US$ in thousands	18,644,000	23,332,800	22,616,600	22,110,200	22,023,500	22,023,500	24,031,200	24,031,200	23,428,000	23,428,000	23,108,600	23,108,600	23,022,100	23,022,100	22,909,500	22,909,500	22,676,300	22,676,300	22,372,300	21,721,800
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.16	0.00	0.00	0.14	0.00	0.15	0.00	0.15	0.00	0.15	0.00	0.15	0.00	0.15	0.00	0.00

January 31, 2025 calculation

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

The debt-to-assets ratio of Dollar Tree Inc has shown variations over the period from January 31, 2022, to January 31, 2025. The ratio was consistently at 0.00 from January 31, 2022, to October 31, 2022. However, there was a slight increase to 0.15 on July 30, 2022, but it reverted to 0.00 by January 31, 2023. The ratio then alternated between 0.15 and 0.00 in subsequent quarters until January 31, 2024, when it was back at 0.00.

The ratio increased to 0.16 on February 3, 2024, and then fell back to 0.00 by April 30, 2024, where it remained stable through to January 31, 2025. Overall, the company has maintained a low debt-to-assets ratio, indicating a conservative approach to financing its assets with debt. Investors and creditors may view this positively as it suggests the company has a strong asset base relative to its debt obligations.