Market Cap : 37.26 B | Enterprise Value : 46.14 B | PE Ratio : 25.26 | PB Ratio : 4.54 |
---|
NAS:DLTR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:DLTR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Dollar Tree's current ratio for the quarter that ended in Apr. 2022 was 1.46.
Dollar Tree has a current ratio of 1.46. It generally indicates good short-term financial strength.
The historical rank and industry rank for Dollar Tree's Current Ratio or its related term are showing as below:
During the past 13 years, Dollar Tree's highest Current Ratio was 9.20. The lowest was 1.06. And the median was 2.22.
DLTR's Current Ratio is ranked better thanThe historical data trend for Dollar Tree's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Discount Stores subindustry, Dollar Tree's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Retail - Defensive industry and Consumer Defensive sector, Dollar Tree's Current Ratio distribution charts can be found below:
* The bar in red indicates where Dollar Tree's Current Ratio falls into.
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
Dollar Tree's Current Ratio for the fiscal year that ended in Jan. 2022
Dollar Tree's Current Ratio for the quarter that ended in Apr. 2022 is calculated as * For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
Current Ratio (A: Jan. 2022 ) = Total Current Assets (A: Jan. 2022 ) / Total Current Liabilities (A: Jan. 2022 )
= 5609.2 / 4176.6
= 1.34
Current Ratio (Q: Apr. 2022 ) = Total Current Assets (Q: Apr. 2022 ) / Total Current Liabilities (Q: Apr. 2022 )
= 6282.3 / 4289.9
= 1.46
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Thank you for viewing the detailed overview of Dollar Tree's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Flanigan John W | officer: Chief Supply Chain Officer | 100 MISSION RIDGE GOODLETTSVILLE TN 37072 |
Gatta Lawrence J. Jr. | officer: Chief Merchandising Officer FD | C/O LONGS DRUG STORES CORPORATION 141 NORTH CIVIC DRIVE WALNUT CREEK CA 94596 |
Mantle Ridge Lp | other: Director by deputization | 712 FIFTH AVENUE, SUITE 17F NEW YORK NY 10019 |
Kelly Edward J Iii | director | CIT GROUP INC ONE CIT DRIVE LIVINGSTON NJ 07039 |
Hilal Paul C | director | MANTLE RIDGE, L.P. 712 FIFTH AVENUE, SUITE 17F NEW YORK NY 10019 |
Mr Cobalt Advisor Llc | other: Director by deputization | 712 FIFTH AVENUE, 17TH FLOOR NEW YORK NY 10019 |
Scott Bertram L | director | C/O BECTON DICKERSON & CO 1 BECTON DR FRANKLIN LAKES NJ 07417 |
Heinrich Daniel J | director | CLOROX CO 1221 BROADWAY OAKLAND CA 94612 |
Laschinger Mary A | director | 400 ATLANTIC STREET STAMFORD CT 06921 |
Grise Cheryl W | director | NORTHEAST UTILITIES 107 SELDEN STREET BERLIN CT 06037 |
Dreiling Richard W | director, other: Executive Chairman | C/O SAFEWAY INC 5918 STONERIDGE MALL ROAD PLEASANTON CA 94588 |
Hulett Jennifer | officer: Chief Human Resources Officer | 1500 SOLANA BLVD. SUITE 3400 WESTLAKE TX 76262 |
Alasdair James | officer: EVP Merch and Supply Chain | 100 PIER 1 PLACE FORT WORTH TX 76102 |
Park Winifred | director | 1 EXPRESS DRIVE COLUMBUS OH 43230 |
Lech Michael | officer: Chief Logistics Officer | 500 VOLVO PARKWAY CHESAPEAKE VA 23320 |
Other Sources
By Zacks 2022-03-08
By Zacks 2022-03-01
By Zacks 2022-03-25
By Seekingalpha 2022-03-02
By Zacks 2022-02-28
By Zacks 2022-03-04
By Zacks 2022-03-18
By Seekingalpha 2022-03-08
By Zacks 2022-03-01
By Zacks 2022-03-28
By Zacks 2022-03-03
By Zacks 2022-03-02
By tipranks.com 2022-03-03
By Zacks 2022-04-01
By Zacks 2022-03-23