Stock Analysis on Net
Stock Analysis on Net

Dollar General Corp. (NYSE:DG)

Balance Sheet: Assets
Quarterly Data

Beginner level

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Dollar General Corp., consolidated balance sheet: assets (quarterly data)

US$ in thousands

Microsoft Excel LibreOffice Calc
Jul 31, 2020 May 1, 2020 Jan 31, 2020 Nov 1, 2019 Aug 2, 2019 May 3, 2019 Feb 1, 2019 Nov 2, 2018 Aug 3, 2018 May 4, 2018 Feb 2, 2018 Nov 3, 2017 Aug 4, 2017 May 5, 2017 Feb 3, 2017 Oct 28, 2016 Jul 29, 2016 Apr 29, 2016 Jan 29, 2016 Oct 30, 2015 Jul 31, 2015 May 1, 2015 Jan 30, 2015 Oct 31, 2014 Aug 1, 2014 May 2, 2014
Cash and cash equivalents 2,959,604  2,673,912  240,320  276,076  259,568  271,111  235,487  260,688  265,288  283,970  267,441  226,192  214,173  205,977  187,915  200,236  185,033  187,687  157,947  182,514  180,525  225,116  579,823  216,155  172,474  166,330 
Accounts receivable —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Merchandise inventories 4,391,157  4,107,331  4,676,848  4,496,377  4,419,628  4,109,759  4,097,004  3,979,105  3,896,432  3,594,529  3,609,025  3,597,195  3,463,004  3,300,082  3,258,785  3,488,247  3,270,685  3,072,063  3,074,153  3,101,908  3,029,731  2,839,198  2,782,521  2,788,996  2,788,872  2,605,356 
Income taxes receivable 36,176  17,191  76,537  103,188  61,692  25,164  57,804  114,647  68,353  28,637  108,265  99,678  44,255  10,492  11,050  54,586  22,985  6,827  6,843  11,877  14,646  —  —  —  4,237  — 
Prepaid expenses and other current assets 210,471  194,049  184,163  192,901  178,250  177,735  272,725  275,904  287,753  258,900  263,121  230,269  258,559  232,398  220,021  225,443  229,348  210,769  193,467  192,476  199,945  180,586  170,265  173,981  175,048  171,660 
Current assets 7,597,408  6,992,483  5,177,868  5,068,542  4,919,138  4,583,769  4,663,020  4,630,344  4,517,826  4,166,036  4,247,852  4,153,334  3,979,991  3,748,949  3,677,771  3,968,512  3,708,051  3,477,346  3,432,410  3,488,775  3,424,847  3,244,900  3,532,609  3,179,132  3,140,631  2,943,346 
Net property and equipment 3,520,998  3,320,141  3,278,359  3,131,073  3,020,406  3,008,425  2,970,806  2,921,943  2,857,274  2,758,369  2,701,282  2,654,936  2,574,816  2,487,292  2,434,456  2,388,463  2,349,119  2,278,081  2,264,062  2,237,068  2,195,857  2,135,436  2,116,075  2,120,572  2,106,963  2,079,832 
Operating lease assets 9,154,789  8,960,805  8,796,183  8,639,378  8,405,346  8,140,326  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Goodwill 4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589  4,338,589 
Other intangible assets, net 1,199,931  1,199,961  1,200,006  1,200,059  1,200,111  1,200,164  1,200,217  1,200,270  1,200,322  1,200,375  1,200,428  1,200,481  1,200,537  1,200,597  1,200,659  1,200,734  1,200,816  1,200,904  1,200,994  1,201,110  1,201,241  1,201,428  1,201,870  1,202,651  1,203,904  1,205,598 
Other assets, net 35,718  36,334  34,079  35,149  33,939  33,011  31,406  29,875  29,938  29,861  28,760  27,416  26,891  20,928  20,823  20,778  20,795  21,464  21,830  22,751  34,661  36,197  34,961  36,428  35,707  34,519 
Noncurrent assets 18,250,025  17,855,830  17,647,216  17,344,248  16,998,391  16,720,515  8,541,018  8,490,677  8,426,123  8,327,194  8,269,059  8,221,422  8,140,833  8,047,406  7,994,527  7,948,564  7,909,319  7,839,038  7,825,475  7,799,518  7,770,348  7,711,650  7,691,495  7,698,240  7,685,163  7,658,538 
Total assets 25,847,433  24,848,313  22,825,084  22,412,790  21,917,529  21,304,284  13,204,038  13,121,021  12,943,949  12,493,230  12,516,911  12,374,756  12,120,824  11,796,355  11,672,298  11,917,076  11,617,370  11,316,384  11,257,885  11,288,293  11,195,195  10,956,550  11,224,104  10,877,372  10,825,794  10,601,884 

Based on: 10-Q (filing date: 2020-08-27), 10-Q (filing date: 2020-05-28), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-08-29), 10-Q (filing date: 2019-05-30), 10-K (filing date: 2019-03-22), 10-Q (filing date: 2018-12-04), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-05-31), 10-K (filing date: 2018-03-23), 10-Q (filing date: 2017-12-07), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-06-01), 10-K (filing date: 2017-03-24), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-25), 10-Q (filing date: 2016-05-26), 10-K (filing date: 2016-03-22), 10-Q (filing date: 2015-12-03), 10-Q (filing date: 2015-08-27), 10-Q (filing date: 2015-06-02), 10-K (filing date: 2015-03-20), 10-Q (filing date: 2014-12-04), 10-Q (filing date: 2014-08-28), 10-Q (filing date: 2014-06-03).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Dollar General Corp.’s current assets increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Net property and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Dollar General Corp.’s net property and equipment increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Dollar General Corp.’s noncurrent assets increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Dollar General Corp.’s total assets increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Dollar General Corp.’s cash and cash equivalents increased from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Accounts receivable Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.
Merchandise inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Dollar General Corp.’s merchandise inventories decreased from Q4 2020 to Q1 2021 but then slightly increased from Q1 2021 to Q2 2021.