Dollar General Balance Sheet Health
Financial Health criteria checks 4/6
Dollar General has a total shareholder equity of $6.5B and total debt of $7.2B, which brings its debt-to-equity ratio to 111.5%. Its total assets and total liabilities are $30.6B and $24.2B respectively. Dollar General's EBIT is $2.8B making its interest coverage ratio 8.6. It has cash and short-term investments of $365.4M.
Key information
111.5%
Debt to equity ratio
US$7.19b
Debt
Interest coverage ratio | 8.6x |
Cash | US$365.45m |
Equity | US$6.45b |
Total liabilities | US$24.17b |
Total assets | US$30.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7DG's short term assets ($8.3B) exceed its short term liabilities ($6.8B).
Long Term Liabilities: 7DG's short term assets ($8.3B) do not cover its long term liabilities ($17.4B).
Debt to Equity History and Analysis
Debt Level: 7DG's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: 7DG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 7DG's debt is well covered by operating cash flow (30.3%).
Interest Coverage: 7DG's interest payments on its debt are well covered by EBIT (8.6x coverage).