Dollar General Balance Sheet Health
Financial Health criteria checks 3/6
Dollar General has a total shareholder equity of $7.3B and total debt of $7.0B, which brings its debt-to-equity ratio to 96.5%. Its total assets and total liabilities are $31.8B and $24.6B respectively. Dollar General's EBIT is $2.1B making its interest coverage ratio 7.1. It has cash and short-term investments of $1.2B.
Key information
96.5%
Debt to equity ratio
US$7.00b
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$1.22b |
| Equity | US$7.26b |
| Total liabilities | US$24.55b |
| Total assets | US$31.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGCO34's short term assets ($8.7B) exceed its short term liabilities ($7.1B).
Long Term Liabilities: DGCO34's short term assets ($8.7B) do not cover its long term liabilities ($17.4B).
Debt to Equity History and Analysis
Debt Level: DGCO34's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: DGCO34's debt to equity ratio has increased from 38.1% to 96.5% over the past 5 years.
Debt Coverage: DGCO34's debt is well covered by operating cash flow (47.4%).
Interest Coverage: DGCO34's interest payments on its debt are well covered by EBIT (7.1x coverage).