Dollar Tree Inc (DLTR)

Debt-to-equity 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-equity ratio		0.00	0.47	0.00	0.00	0.39

January 31, 2025 calculation

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

Based on the provided data, Dollar Tree Inc's debt-to-equity ratio fluctuated over the specified time periods. In January 28, 2023, the ratio stood at 0.39, indicating that the company had a higher proportion of debt relative to equity. Subsequently, in January 31, 2023 and January 31, 2024, the ratio dropped to 0.00, suggesting that the company either significantly reduced its debt or increased its equity during those periods.

However, by February 3, 2024, the debt-to-equity ratio increased to 0.47, signaling a higher level of debt compared to equity once again. The ratio then fell back to 0.00 by January 31, 2025, indicating a potential further reduction in debt or an increase in equity.

Overall, Dollar Tree Inc's debt-to-equity ratio has shown variability over the specified time periods, reflecting changes in the company's capital structure and financial leverage. Investors and stakeholders should continue to monitor this ratio to assess the company's financial health and risk management strategies.