Dollar General Balance Sheet Health
Financial Health criteria checks 4/6
Dollar General has a total shareholder equity of $6.7B and total debt of $7.0B, which brings its debt-to-equity ratio to 103.7%. Its total assets and total liabilities are $30.8B and $24.0B respectively. Dollar General's EBIT is $2.5B making its interest coverage ratio 7.5. It has cash and short-term investments of $537.3M.
Key information
103.7%
Debt to equity ratio
US$7.00b
Debt
Interest coverage ratio | 7.5x |
Cash | US$537.28m |
Equity | US$6.75b |
Total liabilities | US$24.05b |
Total assets | US$30.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IC7's short term assets ($8.0B) exceed its short term liabilities ($6.7B).
Long Term Liabilities: 0IC7's short term assets ($8.0B) do not cover its long term liabilities ($17.3B).
Debt to Equity History and Analysis
Debt Level: 0IC7's net debt to equity ratio (95.8%) is considered high.
Reducing Debt: 0IC7 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 0IC7's debt is well covered by operating cash flow (34.2%).
Interest Coverage: 0IC7's interest payments on its debt are well covered by EBIT (7.5x coverage).