Dollar Tree Balance Sheet Health
Financial Health criteria checks 5/6
Dollar Tree has a total shareholder equity of $7.3B and total debt of $3.4B, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are $22.0B and $14.7B respectively. Dollar Tree's EBIT is $1.8B making its interest coverage ratio 16.8. It has cash and short-term investments of $684.9M.
Key information
46.9%
Debt to equity ratio
US$3.43b
Debt
Interest coverage ratio | 16.8x |
Cash | US$684.90m |
Equity | US$7.31b |
Total liabilities | US$14.71b |
Total assets | US$22.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DLTR's short term assets ($6.1B) exceed its short term liabilities ($4.7B).
Long Term Liabilities: DLTR's short term assets ($6.1B) do not cover its long term liabilities ($10.0B).
Debt to Equity History and Analysis
Debt Level: DLTR's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: DLTR's debt to equity ratio has reduced from 76.8% to 46.9% over the past 5 years.
Debt Coverage: DLTR's debt is well covered by operating cash flow (78.3%).
Interest Coverage: DLTR's interest payments on its debt are well covered by EBIT (16.8x coverage).