Dollar Tree Inc (DLTR)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	3,977,400	7,313,100	7,313,100	8,751,500	8,751,500
Debt-to-capital ratio		0.00	0.32	0.00	0.00	0.28

January 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,977,400K)
= 0.00

Based on the data provided, the debt-to-capital ratio for Dollar Tree Inc has fluctuated over the years. As of January 28, 2023, the ratio stood at 0.28, indicating that the company had a moderate level of debt relative to its total capital. However, in the subsequent periods of January 31, 2023, and January 31, 2024, the ratio dropped to 0.00, suggesting that the company had no debt relative to its capital during those periods.

The ratio increased to 0.32 as of February 3, 2024, which may indicate a slight increase in debt compared to capital. However, by January 31, 2025, the ratio once again dropped to 0.00, signaling that the company had minimal to no debt relative to its capital at that time.

Overall, the debt-to-capital ratio for Dollar Tree Inc has shown variability, with periods of moderate debt levels and periods of no debt. It is crucial to monitor this ratio over time to assess the company's leverage and financial risk.