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Dollar Tree Inc (NAS:DLTR)
Cash to Debt Ratio
0.13 (As of Oct. 2015)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Dollar Tree Inc's cash to debt ratio for the quarter that ended in Oct. 2015 was 0.13.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Dollar Tree Inc couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2015.

DLTR' s Cash to Debt Range Over the Past 10 Years
Min: 0.05   Max: 6.17
Current: 0.1

0.05
6.17

During the past 13 years, Dollar Tree Inc's highest Cash to Debt Ratio was 6.17. The lowest was 0.05. And the median was 0.75.

DLTR's Cash to Debt is ranked lower than
85% of the 372 Companies
in the Global Discount Stores industry.

( Industry Median: 0.65 vs. DLTR: 0.10 )

Definition

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Dollar Tree Inc's Cash to Debt Ratio for the fiscal year that ended in Jan. 2015 is calculated as:

Dollar Tree Inc's Cash to Debt Ratio for the quarter that ended in Oct. 2015 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash, Cash Equivalents, Marketable Securities, Interest Coverage


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Dollar Tree Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
cash2debt 0.320.301.362.241.821.091.470.351.140.10

Dollar Tree Inc Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
cash2debt 0.140.350.510.620.541.140.110.160.130.10
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