Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
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).
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Dollar General Corp. current ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Dollar General Corp. quick ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Dollar General Corp. cash ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Current Ratio
Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | Feb 1, 2019 | Feb 2, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Current assets | 7,581,009) | 6,303,843) | 6,914,219) | 5,177,868) | 4,663,020) | 4,247,852) | |
Current liabilities | 5,887,768) | 5,979,357) | 5,710,783) | 4,543,560) | 3,015,857) | 2,964,878) | |
Liquidity Ratio | |||||||
Current ratio1 | 1.29 | 1.05 | 1.21 | 1.14 | 1.55 | 1.43 | |
Benchmarks | |||||||
Current Ratio, Competitors2 | |||||||
Costco Wholesale Corp. | 1.07 | 1.02 | 1.00 | 1.13 | 1.01 | 1.02 | |
Target Corp. | 0.92 | 0.99 | 1.03 | 0.89 | 0.83 | — | |
Walmart Inc. | 0.82 | 0.93 | 0.97 | 0.79 | 0.80 | — | |
Current Ratio, Sector | |||||||
Consumer Staples Distribution & Retail | 0.89 | 0.96 | 0.99 | 0.88 | 0.85 | — | |
Current Ratio, Industry | |||||||
Consumer Staples | 0.85 | 0.89 | 0.93 | 0.90 | 0.80 | — |
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).
1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 7,581,009 ÷ 5,887,768 = 1.29
2 Click competitor name to see calculations.
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Dollar General Corp. current ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Quick Ratio
Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | Feb 1, 2019 | Feb 2, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Cash and cash equivalents | 381,576) | 344,829) | 1,376,577) | 240,320) | 235,487) | 267,441) | |
Accounts receivable | —) | —) | —) | —) | —) | —) | |
Total quick assets | 381,576) | 344,829) | 1,376,577) | 240,320) | 235,487) | 267,441) | |
Current liabilities | 5,887,768) | 5,979,357) | 5,710,783) | 4,543,560) | 3,015,857) | 2,964,878) | |
Liquidity Ratio | |||||||
Quick ratio1 | 0.06 | 0.06 | 0.24 | 0.05 | 0.08 | 0.09 | |
Benchmarks | |||||||
Quick Ratio, Competitors2 | |||||||
Costco Wholesale Corp. | 0.52 | 0.42 | 0.47 | 0.60 | 0.47 | 0.45 | |
Target Corp. | 0.20 | 0.33 | 0.48 | 0.24 | 0.18 | — | |
Walmart Inc. | 0.18 | 0.26 | 0.26 | 0.20 | 0.18 | — | |
Quick Ratio, Sector | |||||||
Consumer Staples Distribution & Retail | 0.26 | 0.31 | 0.34 | 0.29 | 0.24 | — | |
Quick Ratio, Industry | |||||||
Consumer Staples | 0.38 | 0.39 | 0.43 | 0.46 | 0.36 | — |
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).
1 2023 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 381,576 ÷ 5,887,768 = 0.06
2 Click competitor name to see calculations.
Liquidity ratio | Description | The company |
---|---|---|
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Dollar General Corp. quick ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Cash Ratio
Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | Feb 1, 2019 | Feb 2, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Cash and cash equivalents | 381,576) | 344,829) | 1,376,577) | 240,320) | 235,487) | 267,441) | |
Total cash assets | 381,576) | 344,829) | 1,376,577) | 240,320) | 235,487) | 267,441) | |
Current liabilities | 5,887,768) | 5,979,357) | 5,710,783) | 4,543,560) | 3,015,857) | 2,964,878) | |
Liquidity Ratio | |||||||
Cash ratio1 | 0.06 | 0.06 | 0.24 | 0.05 | 0.08 | 0.09 | |
Benchmarks | |||||||
Cash Ratio, Competitors2 | |||||||
Costco Wholesale Corp. | 0.45 | 0.35 | 0.41 | 0.54 | 0.41 | 0.36 | |
Target Corp. | 0.11 | 0.27 | 0.42 | 0.18 | 0.10 | — | |
Walmart Inc. | 0.09 | 0.17 | 0.19 | 0.12 | 0.10 | — | |
Cash Ratio, Sector | |||||||
Consumer Staples Distribution & Retail | 0.18 | 0.22 | 0.27 | 0.22 | 0.16 | — | |
Cash Ratio, Industry | |||||||
Consumer Staples | 0.23 | 0.24 | 0.30 | 0.32 | 0.23 | — |
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).
1 2023 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 381,576 ÷ 5,887,768 = 0.06
2 Click competitor name to see calculations.
Liquidity ratio | Description | The company |
---|---|---|
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Dollar General Corp. cash ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |