Dollar General Financials

DG Stock  USD 155.75  3.80  2.50%   
Based on the analysis of Dollar General's profitability, liquidity, and operating efficiency, Dollar General is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in April. At this time, Dollar General's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Dollar General's current Total Stockholder Equity is estimated to increase to about 6.7 B, while Retained Earnings are projected to decrease to roughly 1.1 B. Key indicators impacting Dollar General's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.711.2427
Way Down
Slightly volatile
Operating IncomeB3.8 B
Sufficiently Up
Slightly volatile
Current Ratio1.371.1911
Fairly Up
Slightly volatile
The financial analysis of Dollar General is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Dollar General includes many different criteria found on its balance sheet. For example, investors should never minimize Dollar General's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Dollar General's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Dollar General.

Cash And Equivalents

476.79 Million

With this module, you can analyze Dollar financials for your investing period. You should be able to track the changes in Dollar General individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Dollar General Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dollar General's financial statements are interrelated, with each one affecting the others. For example, an increase in Dollar General's assets may result in an increase in income on the income statement.
Evaluating Dollar General's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Dollar General's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Dollar General's relative financial performance

Chance Of Distress

Less than 3

 
100  
 
Zero
Very Low
Dollar General has less than 3 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Dollar General stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Dollar General's odds of distress score SHOULD NOT be confused with the real chance of Dollar General filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Dollar is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Dollar General's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Dollar General's official financial statements usually reflect Dollar General's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Dollar General. For example, before you start analyzing numbers published by Dollar accountants, it's critical to develop an understanding of what Dollar General's liquidity, profitability, and earnings quality are in the context of the Consumer Staples Distribution & Retail space in which it operates.
Please note, the presentation of Dollar General's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dollar General's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Dollar General's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dollar General. Please utilize our Beneish M Score to check the likelihood of Dollar General's management manipulating its earnings.

Dollar General Company Summary

Dollar General competes with 51Talk Online, Axalta Coating, Valhi, WPP PLC, and Avient Corp. Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. Dollar General Corporation was founded in 19 and is based in Goodlettsville, Tennessee. Dollar General operates under Discount Stores classification in the United States and is traded on New York Stock Exchange. It employs 163000 people.
Specialization
Consumer Defensive, Consumer Staples Distribution & Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000029534
ISINUS2566771059
CUSIP256677105
RegionNorth America
LocationTennessee; U.S.A
Business Address100 Mission Ridge,
SectorConsumer Staples Distribution & Retail
IndustryConsumer Staples
BenchmarkNYSE Composite
Websitewww.dollargeneral.com
Phone615 855 4000
CurrencyUSD - US Dollar
You should never invest in Dollar General without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Dollar Stock, because this is throwing your money away. Analyzing the key information contained in Dollar General's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Dollar General Key Financial Ratios

Generally speaking, Dollar General's financial ratios allow both analysts and investors to convert raw data from Dollar General's financial statements into concise, actionable information that can be used to evaluate the performance of Dollar General over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Dollar General reports annually and quarterly.

Dollar General Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets22.8B25.9B26.3B29.1B33.4B35.1B
Other Current Liab717.5M1.0B1.1B(15.1M)(17.3M)(16.5M)
Net Debt11.5B12.2B13.9B17.3B19.9B20.9B
Retained Earnings3.2B3.0B2.5B1.7B1.9B1.1B
Cash240.3M1.4B344.8M381.6M438.8M460.8M
Inventory4.7B5.2B5.6B6.8B7.8B8.2B
Other Current Assets184.2M199.4M247.3M302.9M348.4M365.8M
Total Liab16.1B19.2B20.1B23.5B27.1B28.4B
Total Current Assets5.2B6.9B6.3B7.6B8.7B9.2B
Short Term Debt965.4M1.1B1.2B1.3B1.5B1.6B
Accounts Payable2.9B3.6B3.7B3.6B4.1B4.3B
Net Receivables76.5M90.8M97.4M135.8M156.1M163.9M
Common Stock220.4M210.7M201.3M191.7M220.5M214.3M
Other Assets34.1M36.6M46.1M57.7M52.0M38.3M
Long Term Debt2.9B4.1B4.2B7.0B8.1B8.5B
Other Liab847.9M974.2M1.0B1.3B1.5B1.5B
Intangible Assets1.2B1.2B1.2B1.2B1.1B985.2M
Net Tangible Assets9.0B1.1B9.6B9.4B10.8B11.3B
Long Term Debt Total2.9B4.1B4.2B7.0B8.1B8.5B
Capital Surpluse3.3B3.4B3.6B3.7B4.2B3.6B

Dollar General Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Dollar General's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense100.6M150.4M157.5M211.3M243.0M255.1M
Total Revenue27.8B33.7B34.2B37.8B43.5B45.7B
Gross Profit8.5B10.7B10.8B11.8B13.6B14.3B
Operating Income2.3B3.6B3.2B3.3B3.8B4.0B
Ebit2.3B3.6B3.2B3.3B3.8B4.0B
Ebitda2.8B4.1B3.9B4.1B4.7B4.9B
Cost Of Revenue19.3B23.0B23.4B26.0B29.9B31.4B
Income Before Tax2.2B3.4B3.1B3.1B3.6B3.8B
Net Income1.7B2.7B2.4B2.4B2.8B2.9B
Income Tax Expense489.2M749.3M663.9M700.6M805.7M846.0M
Tax Provision489.2M749.3M663.9M700.6M805.7M660.0M
Interest Income100.6M150.4M157.5M211.3M243.0M137.7M
Net Interest Income(100.6M)(150.4M)(157.5M)(211.3M)(190.1M)(199.7M)

Dollar General Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Dollar General. It measures of how well Dollar is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Dollar General brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Dollar had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Dollar General has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(578.8M)(575.8M)(550.1M)(1.7B)(299.1M)(314.0M)
Change In Cash4.8M1.1B(1.0B)36.7M155.7M163.5M
Free Cash Flow1.5B2.8B1.8B424.0M691.6M542.7M
Depreciation504.8M574.2M641.3M724.9M848.8M891.2M
Other Non Cash Items8.3M11.6M191.0M530.5M19.1M18.2M
Dividends Paid327.6M355.9M392.2M493.7M518.0M543.9M
Capital Expenditures784.8M1.0B1.1B1.6B1.7B1.8B
Net Income1.7B2.7B2.4B2.4B1.7B1.7B
End Period Cash Flow240.3M1.4B344.8M381.6M537.3M564.1M
Change To Netincome112.3M115.2M383.6M838.5M964.3M1.0B
Net Borrowings55.2M1.1B45.6M2.8B3.2B3.4B
Investments(782.5M)(1.0B)(1.1B)(1.6B)(1.4B)(1.5B)

Dollar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dollar General's current stock value. Our valuation model uses many indicators to compare Dollar General value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dollar General competition to find correlations between indicators driving Dollar General's intrinsic value. More Info.
Dollar General is one of the top stocks in beta category among related companies. It is one of the top stocks in gross profit category among related companies fabricating about  28,829,507,317  of Gross Profit per Beta. At this time, Dollar General's Gross Profit is most likely to increase significantly in the upcoming years.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dollar General by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dollar General's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dollar General's earnings, one of the primary drivers of an investment's value.

Dollar General Systematic Risk

Dollar General's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dollar General volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Dollar General correlated with the market. If Beta is less than 0 Dollar General generally moves in the opposite direction as compared to the market. If Dollar General Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dollar General is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dollar General is generally in the same direction as the market. If Beta > 1 Dollar General moves generally in the same direction as, but more than the movement of the benchmark.

About Dollar General Financials

What exactly are Dollar General Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Dollar General's income statement, its balance sheet, and the statement of cash flows. Potential Dollar General investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Dollar General investors may use each financial statement separately, they are all related. The changes in Dollar General's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dollar General's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Dollar General Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Dollar General is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Dollar has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Dollar General's financials are consistent with your investment objective using the following steps:
  • Review Dollar General's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Dollar General's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Dollar General's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Dollar General's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Dollar General Thematic Clasifications

Dollar General is part of Retail investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Dollar General Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dollar General's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Dollar General growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.18

At this time, Dollar General's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Dollar General March 18, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dollar General help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dollar General. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dollar General based on widely used predictive technical indicators. In general, we focus on analyzing Dollar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dollar General's daily price indicators and compare them against related drivers.
When determining whether Dollar General is a strong investment it is important to analyze Dollar General's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dollar General's future performance. For an informed investment choice regarding Dollar Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar General. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.
Note that the Dollar General information on this page should be used as a complementary analysis to other Dollar General's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Dollar General's price analysis, check to measure Dollar General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dollar General is operating at the current time. Most of Dollar General's value examination focuses on studying past and present price action to predict the probability of Dollar General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar General's price. Additionally, you may evaluate how the addition of Dollar General to your portfolios can decrease your overall portfolio volatility.
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Is Dollar General's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dollar General. If investors know Dollar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dollar General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
2.36
Earnings Share
8.69
Revenue Per Share
176.34
Quarterly Revenue Growth
(0.03)
The market value of Dollar General is measured differently than its book value, which is the value of Dollar that is recorded on the company's balance sheet. Investors also form their own opinion of Dollar General's value that differs from its market value or its book value, called intrinsic value, which is Dollar General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dollar General's market value can be influenced by many factors that don't directly affect Dollar General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dollar General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dollar General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dollar General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.