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
We Think Dollar General (NYSE:DG) Is Taking Some Risk With Its Debt
Aug 27
We Think Dollar General (NYSE:DG) Is Taking Some Risk With Its Debt
May 22Dollar General (NYSE:DG) Takes On Some Risk With Its Use Of Debt
Jan 24Does Dollar General (NYSE:DG) Have A Healthy Balance Sheet?
Oct 23Recent updates
Dollar General: Its Setback Presents A Wonderful Investment Opportunity
Nov 05Dollar General: Promotions Can Lead To A Structurally Lower Margin Profile
Oct 05Dollar General (NYSE:DG) Is Reinvesting At Lower Rates Of Return
Sep 17The Price Is Right To Buy Dollar General Stock
Sep 12Dollar General: I Was Dead Wrong, Thesis Revisited (Rating Downgrade)
Sep 06Investors Give Dollar General Corporation (NYSE:DG) Shares A 30% Hiding
Aug 30Dollar General: Oh Boy...
Aug 29We Think Dollar General (NYSE:DG) Is Taking Some Risk With Its Debt
Aug 27Dollar General Looks Enticing Here
Jul 29Is Dollar General Corporation (NYSE:DG) Trading At A 36% Discount?
Jul 22Dollar General (NYSE:DG) Has Affirmed Its Dividend Of $0.59
Jun 27Dollar General (NYSE:DG) Is Due To Pay A Dividend Of $0.59
Jun 13Dollar General Double Play: Owning The Shelves And The Bricks
May 28We Think Dollar General (NYSE:DG) Is Taking Some Risk With Its Debt
May 22Dollar General Corporation's (NYSE:DG) Share Price Could Signal Some Risk
May 07Dollar General: Cost Management And Same-Store Sales Growth Key To Recovery
Apr 25Dollar General: Headwinds Remain
Apr 18Dollar General (NYSE:DG) Has Announced A Dividend Of $0.59
Apr 02Here's What's Concerning About Dollar General's (NYSE:DG) Returns On Capital
Apr 01Dollar General: 'Back To Basics' Turnaround Plan May Prove That The Stock Is Still Trading At A Large Discount
Mar 20Dollar General Corporation (NYSE:DG) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 16Dollar General: Blowout Quarter Needed (Rating Downgrade)
Mar 12A Look At The Intrinsic Value Of Dollar General Corporation (NYSE:DG)
Mar 11Dollar General: Business Model Struggling In Modern America
Feb 24Dollar General (NYSE:DG) Takes On Some Risk With Its Use Of Debt
Jan 24Dollar General: A Great Company Still Available At A Substantial Discount
Jan 08Dollar General: Why Things Have Gone Wrong And If A Revitalization Is Possible
Jan 02There's Reason For Concern Over Dollar General Corporation's (NYSE:DG) Price
Dec 25A Look At The Fair Value Of Dollar General Corporation (NYSE:DG)
Dec 07Dollar General Q3 Preview: Expect Weakness
Dec 04Dollar General: Growing Risk And Shrinking Opportunity
Nov 21Dollar General Vs. Dollarama: Value Vs. Quality
Oct 30Does Dollar General (NYSE:DG) Have A Healthy Balance Sheet?
Oct 23Dollar General Appoints A New CEO, Are Shares A Buy?
Oct 13Dollar General (NYSE:DG) May Have Issues Allocating Its Capital
Oct 08Dollar General: A Strong Earnings Compounder Facing Growth Ceiling
Sep 29Dollar General: Short-Term Headwinds Could Be Indicative Of Deeper Issues
Sep 205 Differences Between Five Below And Dollar General
Sep 14Dollar General Corporation (NYSE:DG) Shares Could Be 38% Below Their Intrinsic Value Estimate
Sep 05Dollar General Stock: Shakeout In Progress
Aug 31Dollar General May Be Set To Surprise Next Quarter
Aug 17Dollar General's Growth Is Undervalued Relative To Dollar Tree
Aug 10Financial Position Analysis
Short Term Liabilities: DG's short term assets ($8.7B) exceed its short term liabilities ($7.1B).
Long Term Liabilities: DG's short term assets ($8.7B) do not cover its long term liabilities ($17.4B).
Debt to Equity History and Analysis
Debt Level: DG's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: DG's debt to equity ratio has increased from 38.1% to 96.5% over the past 5 years.
Debt Coverage: DG's debt is well covered by operating cash flow (47.4%).
Interest Coverage: DG's interest payments on its debt are well covered by EBIT (7.1x coverage).