Stock Analysis on Net

Dollar General Corp. (NYSE:DG)

This company has been moved to the archive! The financial data has not been updated since August 31, 2023.

Analysis of Liquidity Ratios

Microsoft Excel

Liquidity Ratios (Summary)

Dollar General Corp., liquidity ratios

Microsoft Excel
Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020 Feb 1, 2019 Feb 2, 2018
Current ratio 1.29 1.05 1.21 1.14 1.55 1.43
Quick ratio 0.06 0.06 0.24 0.05 0.08 0.09
Cash ratio 0.06 0.06 0.24 0.05 0.08 0.09

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

Dollar General Corp., current ratio calculation, comparison to benchmarks

Microsoft Excel
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

Dollar General Corp., quick ratio calculation, comparison to benchmarks

Microsoft Excel
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

Dollar General Corp., cash ratio calculation, comparison to benchmarks

Microsoft Excel
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.