Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Dollar General Corp. (NYSE:DG)

Analysis of Liquidity Ratios

Beginner level

Liquidity ratios measure the company’s ability to meet its short-term obligations.

Liquidity Ratios (Summary)

Dollar General Corp., liquidity ratios

Microsoft Excel LibreOffice Calc
Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016 Jan 30, 2015
Current ratio 1.14 1.55 1.43 1.40 1.72 1.78
Quick ratio 0.05 0.08 0.09 0.07 0.08 0.29
Cash ratio 0.05 0.08 0.09 0.07 0.08 0.29

Based on: 10-K (filing date: 2020-03-19), 10-K (filing date: 2019-03-22), 10-K (filing date: 2018-03-23), 10-K (filing date: 2017-03-24), 10-K (filing date: 2016-03-22), 10-K (filing date: 2015-03-20).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Dollar General Corp.’s current ratio improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Dollar General Corp.’s quick ratio deteriorated from 2018 to 2019 and from 2019 to 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Dollar General Corp.’s cash ratio deteriorated from 2018 to 2019 and from 2019 to 2020.

Current Ratio

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

Microsoft Excel LibreOffice Calc
Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016 Jan 30, 2015
Selected Financial Data (US$ in thousands)
Current assets 5,177,868  4,663,020  4,247,852  3,677,771  3,432,410  3,532,609 
Current liabilities 4,543,560  3,015,857  2,964,878  2,622,805  1,995,596  1,987,740 
Liquidity Ratio
Current ratio1 1.14 1.55 1.43 1.40 1.72 1.78
Benchmarks
Current Ratio, Competitors2
Amazon.com Inc. — 1.10 1.10 1.04 1.04 1.08
Costco Wholesale Corp. 1.13 1.01 1.02 0.99 0.98 1.05
Home Depot Inc. 1.08 1.11 1.17 1.25 1.36 1.36
Lowe’s Cos. Inc. 1.01 0.98 1.06 1.00 1.01 1.08
Target Corp. 0.89 0.83 0.95 0.94 1.12 1.20
TJX Cos. Inc. 1.24 1.53 1.66 1.63 1.54 1.71
Walmart Inc. 0.79 0.80 0.76 0.86 0.93 0.97
Current Ratio, Sector
General Retailers — 0.99 0.98 1.00 1.04 1.08
Current Ratio, Industry
Consumer Services — 0.96 0.99 0.98 1.02 1.11

Based on: 10-K (filing date: 2020-03-19), 10-K (filing date: 2019-03-22), 10-K (filing date: 2018-03-23), 10-K (filing date: 2017-03-24), 10-K (filing date: 2016-03-22), 10-K (filing date: 2015-03-20).

1 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 5,177,868 ÷ 4,543,560 = 1.14

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.’s current ratio improved from 2018 to 2019 but then deteriorated significantly from 2019 to 2020.

Quick Ratio

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

Microsoft Excel LibreOffice Calc
Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016 Jan 30, 2015
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 240,320  235,487  267,441  187,915  157,947  579,823 
Accounts receivable —  —  —  —  —  — 
Total quick assets 240,320  235,487  267,441  187,915  157,947  579,823 
 
Current liabilities 4,543,560  3,015,857  2,964,878  2,622,805  1,995,596  1,987,740 
Liquidity Ratio
Quick ratio1 0.05 0.08 0.09 0.07 0.08 0.29
Benchmarks
Quick Ratio, Competitors2
Amazon.com Inc. — 0.83 0.80 0.70 0.74 0.71
Costco Wholesale Corp. 0.60 0.47 0.45 0.41 0.38 0.46
Home Depot Inc. 0.23 0.22 0.34 0.32 0.33 0.28
Lowe’s Cos. Inc. 0.06 0.05 0.06 0.05 0.07 0.06
Target Corp. 0.21 0.13 0.23 0.23 0.35 0.23
TJX Cos. Inc. 0.50 0.61 0.70 0.78 0.61 0.76
Walmart Inc. 0.20 0.18 0.16 0.19 0.22 0.24
Quick Ratio, Sector
General Retailers — 0.44 0.41 0.39 0.39 0.38
Quick Ratio, Industry
Consumer Services — 0.51 0.50 0.47 0.47 0.49

Based on: 10-K (filing date: 2020-03-19), 10-K (filing date: 2019-03-22), 10-K (filing date: 2018-03-23), 10-K (filing date: 2017-03-24), 10-K (filing date: 2016-03-22), 10-K (filing date: 2015-03-20).

1 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 240,320 ÷ 4,543,560 = 0.05

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.’s quick ratio deteriorated from 2018 to 2019 and from 2019 to 2020.

Cash Ratio

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

Microsoft Excel LibreOffice Calc
Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016 Jan 30, 2015
Selected Financial Data (US$ in thousands)
Cash and cash equivalents 240,320  235,487  267,441  187,915  157,947  579,823 
Total cash assets 240,320  235,487  267,441  187,915  157,947  579,823 
 
Current liabilities 4,543,560  3,015,857  2,964,878  2,622,805  1,995,596  1,987,740 
Liquidity Ratio
Cash ratio1 0.05 0.08 0.09 0.07 0.08 0.29
Benchmarks
Cash Ratio, Competitors2
Amazon.com Inc. — 0.63 0.60 0.54 0.59 0.58
Costco Wholesale Corp. 0.54 0.41 0.36 0.33 0.30 0.39
Home Depot Inc. 0.12 0.11 0.22 0.18 0.18 0.15
Lowe’s Cos. Inc. 0.06 0.05 0.06 0.05 0.07 0.06
Target Corp. 0.18 0.10 0.20 0.20 0.32 0.19
TJX Cos. Inc. 0.45 0.55 0.64 0.73 0.56 0.71
Walmart Inc. 0.12 0.10 0.09 0.10 0.13 0.14
Cash Ratio, Sector
General Retailers — 0.33 0.30 0.28 0.30 0.28
Cash Ratio, Industry
Consumer Services — 0.30 0.30 0.27 0.28 0.30

Based on: 10-K (filing date: 2020-03-19), 10-K (filing date: 2019-03-22), 10-K (filing date: 2018-03-23), 10-K (filing date: 2017-03-24), 10-K (filing date: 2016-03-22), 10-K (filing date: 2015-03-20).

1 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 240,320 ÷ 4,543,560 = 0.05

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.’s cash ratio deteriorated from 2018 to 2019 and from 2019 to 2020.