Dollar Tree Inc (DLTR)

Debt-to-capital ratio

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
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	3,418,100	3,417,000	3,231,100	3,229,500	3,227,800	3,226,200	3,225,300	3,224,300	3,223,300	3,522,200	3,520,200	3,518,600	3,516,900
Total stockholders’ equity	US$ in thousands	7,313,100	8,998,200	9,031,000	8,899,700	8,751,500	8,275,300	8,396,500	8,241,500	7,718,500	7,244,400	7,011,700	7,411,300	7,285,300	6,961,100	6,813,600	6,520,600	6,254,800	6,121,300	5,865,700	5,755,900
Debt-to-capital ratio		0.32	0.28	0.27	0.28	0.28	0.29	0.29	0.29	0.31	0.31	0.32	0.30	0.31	0.32	0.32	0.33	0.36	0.37	0.37	0.38

February 3, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $3,426,300K ÷ ($3,426,300K + $7,313,100K)
= 0.32

The debt-to-capital ratio for Dollar Tree Inc has remained relatively stable over the analyzed periods, ranging from 0.27 to 0.38. This ratio indicates the proportion of the company's capital that is financed through debt. The lower the ratio, the lower the financial risk as it implies less reliance on debt for funding operations. Dollar Tree Inc's ratio fluctuates between 0.27 and 0.38, suggesting a moderate level of debt usage within its capital structure. It is important to continue monitoring this ratio in conjunction with other financial metrics to assess the company's overall financial health and leverage position.