Total Debt (Carrying Amount)
Based on: 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02).
Debt item | Description | The company |
---|---|---|
Total long-term obligations, including current portion (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Dollar General Corp. total debt increased from 2021 to 2022 and from 2022 to 2023. |
Total Debt (Fair Value)
Feb 3, 2023 | |
---|---|
Selected Financial Data (US$ in thousands) | |
Total long-term obligations, including current portion (fair value) | 6,926,511) |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 0.99 |
Based on: 10-K (reporting date: 2023-02-03).
Weighted-average Interest Rate on Debt
Weighted average borrowing rate: 4.25%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
4.25% | 749,437) | 31,851) | |
4.15% | 499,751) | 20,740) | |
3.88% | 599,793) | 23,242) | |
4.63% | 549,505) | 25,415) | |
4.13% | 499,713) | 20,613) | |
3.50% | 952,440) | 33,335) | |
5.00% | 697,654) | 34,883) | |
4.13% | 495,234) | 20,428) | |
5.50% | 299,708) | 16,484) | |
Total | 5,343,235) | 226,991) | |
4.25% |
Based on: 10-K (reporting date: 2023-02-03).
1 US$ in thousands
2 Weighted-average interest rate = 100 × 226,991 ÷ 5,343,235 = 4.25%
Interest Costs Incurred
Based on: 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02).
Debt item | Description | The company |
---|---|---|
Interest expense | Amount of the cost of borrowed funds accounted for as interest expense for debt. | Dollar General Corp. interest expense increased from 2021 to 2022 and from 2022 to 2023. |
Interest costs capitalized | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | Dollar General Corp. interest costs capitalized increased from 2021 to 2022 and from 2022 to 2023. |
Interest costs incurred | Total interest costs incurred during the period and either capitalized or charged against earnings. | Dollar General Corp. interest costs incurred increased from 2021 to 2022 and from 2022 to 2023. |
Adjusted Interest Coverage Ratio
Based on: 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02).
2023 Calculations
1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense
= 3,327,887 ÷ 211,273 = 15.75
2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest costs incurred
= 3,327,887 ÷ 216,073 = 15.40
Solvency ratio | Description | The company |
---|---|---|
Adjusted interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). | Dollar General Corp. adjusted interest coverage ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |