DLTR (Dollar Tree) LT-Debt-to-Total-Asset : 0.34 (As of Oct. 2024)

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What is Dollar Tree LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Dollar Tree's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.34.

Dollar Tree's long-term debt to total assets ratio declined from Oct. 2023 (0.37) to Oct. 2024 (0.34). It may suggest that Dollar Tree is progressively becoming less dependent on debt to grow their business.

Dollar Tree LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dollar Tree's LT-Debt-to-Total-Asset 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.

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Dollar Tree LT-Debt-to-Total-Asset Chart

Dollar Tree Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.43

0.40

0.39

0.38

0.40

Dollar Tree Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.40	0.40	0.35	0.34

Dollar Tree LT-Debt-to-Total-Asset Calculation

Dollar Tree's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	8873.9	/	22023.5
	=	0.40

Dollar Tree's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	8010.2	/	23332.8
	=	0.34

Dollar Tree (NAS:DLTR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Dollar Tree LT-Debt-to-Total-Asset Related Terms

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Dollar Tree Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dollar Tree Inc (NAS:DLTR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

500 Volvo Parkway, Chesapeake, VA, USA, 23320

Website

https://www.dollartree.com

Dollar Tree operates discount stores across the United States and Canada, with over 8,600 shops under its namesake banner and nearly 7,800 under Family Dollar. About 47% of Dollar Tree's sales in fiscal 2023 were composed of consumables (including food, health and beauty, and cleaning products), around 45% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

Executives

Daniel J Heinrich	director	CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
Robert Aflatooni	officer: Chief Information Officer	DOLLAR TREE, INC., 500 VOLVO PARKWAY, CHESAPEAKE VA 23328
Jeffrey A. Davis	officer: Chief Financial Officer	1200 WILSON DRIVE, WEST CHESTER PA 19380
Mantle Ridge Lp	other: Director by deputization	712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019
Jonathan Leiken	officer: Chief Legal Officer	C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR RD., NORTH CANTON OH 44720
Diane Randolph	director	1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Jennifer Hulett	officer: Chief Human Resources Officer	1500 SOLANA BLVD., SUITE 3400, WESTLAKE TX 76262
Michael J Kindy	officer: Chief Supply Chain Officer	100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Richard W Dreiling	director, other: Executive Chairman	C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Janet Dhillon	officer: Chief Legal Officer	111 W RIO SALADO PARKWAY, TEMPE AZ 85281
Creedon Michael C Jr	officer: Chief Operating Officer	833 KEITH ROAD, WAKE FOREST NC 27587
John W Flanigan	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
David A. Jacobs	officer: Chief Strategy Officer	500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Paul C Hilal	director	MANTLE RIDGE, L.P., 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019