Current Ratio
since 2005
Paying user area
Try for free
Dollar Tree Inc. pages available for free this week:
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Analysis of Reportable Segments
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Operating Profit Margin since 2005
- Debt to Equity since 2005
- Price to Operating Profit (P/OP) since 2005
- Aggregate Accruals
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 $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Dollar Tree Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Jan 29, 2022 | = | ÷ | |||
| Jan 30, 2021 | = | ÷ | |||
| Feb 1, 2020 | = | ÷ | |||
| Feb 2, 2019 | = | ÷ | |||
| Feb 3, 2018 | = | ÷ | |||
| Jan 28, 2017 | = | ÷ | |||
| Jan 30, 2016 | = | ÷ | |||
| Jan 31, 2015 | = | ÷ | |||
| Feb 1, 2014 | = | ÷ | |||
| Feb 2, 2013 | = | ÷ | |||
| Jan 28, 2012 | = | ÷ | |||
| Jan 29, 2011 | = | ÷ | |||
| Jan 30, 2010 | = | ÷ | |||
| Jan 31, 2009 | = | ÷ | |||
| Feb 2, 2008 | = | ÷ | |||
| Feb 3, 2007 | = | ÷ | |||
| Jan 28, 2006 | = | ÷ | |||
| Jan 29, 2005 | = | ÷ |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
1 US$ in thousands
The analysis of the current assets, current liabilities, and current ratio over the years reveals several noteworthy trends.
- Current Assets
- Current assets demonstrated a general upward trajectory from 2005 through 2022. Starting at approximately 970 million USD in 2005, current assets fluctuated moderately until 2014, when a significant increase began. By 2016, current assets nearly doubled compared to 2015, reaching over 3.9 billion USD. From 2016 onwards, current assets continued to grow steadily, peaking at around 5.6 billion USD in 2022. This indicates a strong accumulation of liquid resources or short-term assets over the observed period.
- Current Liabilities
- Current liabilities also increased substantially during the period. Beginning near 294 million USD in 2005, liabilities gradually rose with a sharp surge occurring after 2014, paralleling the growth in current assets. The value more than doubled between 2014 and 2016, from approximately 862 million USD to 2.1 billion USD. Subsequent years saw continued increases, reaching around 4.2 billion USD by 2022. This growth in liabilities suggests that the company took on significantly more short-term financial obligations alongside the increase in assets.
- Current Ratio
- The current ratio, which measures liquidity by comparing current assets to current liabilities, exhibits a declining trend over the examined timeframe. Starting high at 3.29 in 2005, the ratio declined steadily, with notable dips below 2.0 beginning in 2007. After fluctuating around 2.0 to 2.3 until 2015, it dropped below 2.0 in 2016, reaching as low as 1.6 in 2018, and further decreasing to roughly 1.3 by 2022. This decline suggests that while both assets and liabilities grew, liabilities grew at a faster pace relative to assets, leading to a reduction in short-term financial safety margins.
Overall, the trend indicates significant growth in both current assets and liabilities, with liabilities increasing more rapidly, thus reducing the current ratio. This may imply a strategic decision to leverage short-term financing or increased operational scale, but it also points to a potential moderation of liquidity strength over time. Continued monitoring of this ratio is advisable to ensure it remains within a healthy range for maintaining sufficient liquidity.
Comparison to Competitors
Dollar Tree Inc., current ratio, long-term trends, comparison to competitors
| Dollar Tree Inc. | Costco Wholesale Corp. | Target Corp. | Walmart Inc. | |
|---|---|---|---|---|
| Jan 29, 2022 | ||||
| Jan 30, 2021 | ||||
| Feb 1, 2020 | ||||
| Feb 2, 2019 | ||||
| Feb 3, 2018 | ||||
| Jan 28, 2017 | ||||
| Jan 30, 2016 | ||||
| Jan 31, 2015 | ||||
| Feb 1, 2014 | ||||
| Feb 2, 2013 | ||||
| Jan 28, 2012 | ||||
| Jan 29, 2011 | ||||
| Jan 30, 2010 | ||||
| Jan 31, 2009 | ||||
| Feb 2, 2008 | ||||
| Feb 3, 2007 | ||||
| Jan 28, 2006 | ||||
| Jan 29, 2005 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
Comparison to Sector (Consumer Staples Distribution & Retail)
Dollar Tree Inc., current ratio, long-term trends, comparison to sector (consumer staples distribution & retail)
| Dollar Tree Inc. | Consumer Staples Distribution & Retail | |
|---|---|---|
| Jan 29, 2022 | ||
| Jan 30, 2021 | ||
| Feb 1, 2020 | ||
| Feb 2, 2019 | ||
| Feb 3, 2018 | ||
| Jan 28, 2017 | ||
| Jan 30, 2016 | ||
| Jan 31, 2015 | ||
| Feb 1, 2014 | ||
| Feb 2, 2013 | ||
| Jan 28, 2012 | ||
| Jan 29, 2011 | ||
| Jan 30, 2010 | ||
| Jan 31, 2009 | ||
| Feb 2, 2008 | ||
| Feb 3, 2007 | ||
| Jan 28, 2006 | ||
| Jan 29, 2005 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).
Comparison to Industry (Consumer Staples)
Dollar Tree Inc., current ratio, long-term trends, comparison to industry (consumer staples)
| Dollar Tree Inc. | Consumer Staples | |
|---|---|---|
| Jan 29, 2022 | ||
| Jan 30, 2021 | ||
| Feb 1, 2020 | ||
| Feb 2, 2019 | ||
| Feb 3, 2018 | ||
| Jan 28, 2017 | ||
| Jan 30, 2016 | ||
| Jan 31, 2015 | ||
| Feb 1, 2014 | ||
| Feb 2, 2013 | ||
| Jan 28, 2012 | ||
| Jan 29, 2011 | ||
| Jan 30, 2010 | ||
| Jan 31, 2009 | ||
| Feb 2, 2008 | ||
| Feb 3, 2007 | ||
| Jan 28, 2006 | ||
| Jan 29, 2005 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).