Common-Size Balance Sheet: Assets
Quarterly Data
Paying user area
Try for free
Dollar Tree Inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Dollar Tree Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Dollar Tree Inc., common-size consolidated balance sheet: assets (quarterly data)
Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).
- Cash and cash equivalents
- The proportion of cash and cash equivalents relative to total assets shows notable variability over the examined periods. Initially, the figure fluctuates between approximately 2.2% and 7.22%, with a peak around April 2017 and May 2020. A noticeable spike occurs during the early months of 2020, reaching around 8.57%, likely reflecting a strategic liquidity buildup. Subsequently, a declining trend is observed towards late 2022, falling to approximately 1.92%.
- Short-term investments
- The presence of short-term investments as a percentage of total assets is minimal and relatively stable around 0.02% to 0.03% during 2016 and early 2017. Data is absent for subsequent periods, indicating either a discontinuation or immaterial amounts.
- Merchandise inventories
- Merchandise inventories exhibit a generally upward trajectory. After starting near 18%, the proportion rises and peaks around late 2018 at over 26%, then dips back below 20% in 2019 and early 2020. From mid-2020 onward, there is a renewed increase, reaching nearly 25% by late 2022. The volatility suggests adjustments in inventory management and stock levels over time.
- Other current assets
- Other current assets fluctuate mildly between about 1% and 2.5% throughout the periods, with no clear long-term trend. Minor increases and decreases likely correspond to temporary operational factors.
- Current assets
- Current assets as a whole maintain a relatively steady range from approximately 21.8% to 31.8% of total assets. Notable peaks occur around early 2019 and mid-2022 to late 2022, indicating periods of higher liquidity or short-term asset holdings.
- Property, plant and equipment, net of accumulated depreciation
- This asset category shows a stable composition, generally around 18% to 21% of total assets, with a significant increase noted in early 2019 reaching over 25%, followed by a return to the previous range. This spike may be associated with asset revaluation or capital expenditures.
- Restricted cash
- Reported only from early 2019 onwards, restricted cash consistently constitutes a small portion, around 0.13% to 0.3%, suggesting limited restrictions on cash assets.
- Operating lease right-of-use assets
- From early 2019, this item appears as a significant asset component, representing approximately 27% to 32% of total assets. The values demonstrate a mild downward trend towards the end of the period, indicating modest reductions in lease-related asset utilization.
- Goodwill
- Goodwill shows a distinct decreasing trend over the full period. Initially accounting for over 30% of total assets through early 2018, it declines sharply to below 10% by 2020 and continues to decrease slightly thereafter, stabilizing around 8.6%. This suggests divestitures, impairments, or reclassifications influencing goodwill balances.
- Favorable lease rights, net of accumulated amortization
- This category declines between 2016 and 2018 from around 3.4% to under 2%, disappearing from disclosures after early 2019, which may indicate changes in accounting treatment or lease arrangements.
- Trade name intangible asset
- The trade name intangible asset remains fairly stable, fluctuating near 13.5% to 19.7% of total assets with a slight downward trend from 2016 to 2022. Notable reductions occur after early 2019, decreasing from around 23% to below 14%, likely reflecting amortization or revaluation.
- Deferred tax asset
- Reported only from mid-2019 forward, deferred tax assets maintain a small, steady presence around 0.07% to 0.12%, indicating limited deferred tax considerations on the balance sheet.
- Other assets
- Other assets consistently represent a minor share, generally below 0.4%, with negligible changes over time, pointing to a stable, low-impact asset category.
- Noncurrent assets
- Noncurrent assets account for a substantial majority of total assets, varying roughly between 68% and 78% throughout the periods. The highest concentration occurs during 2019 to early 2020, followed by a gradual decline towards 71% by late 2022, signaling shifts between current and noncurrent asset classifications or capital structure changes.
- Total assets
- Maintained consistently at 100% by definition, facilitating the proportional analyses of individual asset categories described above.