Dollar Balance Sheet Analysis

DG Stock

USD 145.68 1.19 0.82%

Most accounts from Dollar General's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Dollar General current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Dollar General Valuation and Dollar General Correlation analysis.

For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.

At this time, Dollar General's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Dollar General's current Total Current Liabilities is estimated to increase to about 7.1 B, while Common Stock Total Equity is projected to decrease to roughly 214.4 M.

Net Receivables Accounts Payable

For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.At this time, Dollar General's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Dollar General's current Total Current Liabilities is estimated to increase to about 7.1 B, while Common Stock Total Equity is projected to decrease to roughly 214.4 M.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	14.2B	17.7B	18.1B	19.0B
Total Assets	26.3B	29.1B	33.7B	35.4B

Short Long Term Debt Total Total Assets

Dollar General balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Net Receivables	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.98	0.61	0.99	0.7	0.98	0.98	0.62	0.52	1.0	-0.33	0.52	-0.82	0.98	0.98	0.83	0.73	0.99	0.98	0.98	0.94	0.96	0.84	0.04	-0.01	0.68
Short Long Term Debt Total	0.98		0.51	0.97	0.55	1.0	1.0	0.47	0.49	0.98	-0.42	0.49	-0.84	0.99	0.94	0.73	0.6	0.99	0.99	0.93	0.95	0.92	0.84	-0.11	-0.16	0.66
Other Current Liab	0.61	0.51		0.64	0.7	0.54	0.49	0.77	0.53	0.61	0.51	0.53	-0.44	0.53	0.57	0.53	0.58	0.56	0.57	0.6	0.57	0.65	0.39	0.25	0.21	0.23
Total Current Liabilities	0.99	0.97	0.64		0.7	0.97	0.96	0.64	0.54	0.98	-0.31	0.54	-0.87	0.96	0.98	0.83	0.71	0.98	0.96	0.98	0.93	0.98	0.88	-0.01	-0.06	0.63
Total Stockholder Equity	0.7	0.55	0.7	0.7		0.55	0.54	0.94	0.48	0.67	0.0	0.48	-0.46	0.57	0.75	0.78	0.96	0.6	0.55	0.76	0.51	0.75	0.52	0.62	0.59	0.55
Property Plant And Equipment Net	0.98	1.0	0.54	0.97	0.55		1.0	0.5	0.5	0.98	-0.37	0.5	-0.85	0.99	0.93	0.72	0.59	0.99	0.99	0.93	0.95	0.93	0.85	-0.13	-0.18	0.63
Net Debt	0.98	1.0	0.49	0.96	0.54	1.0		0.46	0.45	0.98	-0.43	0.45	-0.84	0.99	0.94	0.73	0.59	0.99	0.99	0.93	0.95	0.92	0.85	-0.12	-0.17	0.66
Retained Earnings	0.62	0.47	0.77	0.64	0.94	0.5	0.46		0.52	0.6	0.19	0.52	-0.49	0.49	0.66	0.68	0.8	0.53	0.5	0.69	0.47	0.7	0.51	0.45	0.42	0.33
Cash	0.52	0.49	0.53	0.54	0.48	0.5	0.45	0.52		0.5	-0.01	1.0	-0.38	0.48	0.47	0.3	0.41	0.5	0.47	0.57	0.43	0.56	0.38	0.1	0.08	0.29
Non Current Assets Total	1.0	0.98	0.61	0.98	0.67	0.98	0.98	0.6	0.5		-0.32	0.5	-0.81	0.99	0.97	0.81	0.71	0.99	0.98	0.96	0.95	0.95	0.83	0.03	-0.02	0.68
Non Currrent Assets Other	-0.33	-0.42	0.51	-0.31	0.0	-0.37	-0.43	0.19	-0.01	-0.32		-0.01	0.38	-0.38	-0.39	-0.28	-0.18	-0.37	-0.31	-0.36	-0.25	-0.31	-0.45	0.17	0.16	-0.48
Cash And Short Term Investments	0.52	0.49	0.53	0.54	0.48	0.5	0.45	0.52	1.0	0.5	-0.01		-0.38	0.48	0.47	0.3	0.41	0.5	0.47	0.57	0.43	0.56	0.38	0.1	0.08	0.29
Common Stock Shares Outstanding	-0.82	-0.84	-0.44	-0.87	-0.46	-0.85	-0.84	-0.49	-0.38	-0.81	0.38	-0.38		-0.82	-0.86	-0.73	-0.43	-0.84	-0.83	-0.85	-0.82	-0.87	-0.89	0.37	0.41	-0.34
Non Current Liabilities Total	0.98	0.99	0.53	0.96	0.57	0.99	0.99	0.49	0.48	0.99	-0.38	0.48	-0.82		0.94	0.77	0.62	1.0	0.99	0.94	0.96	0.91	0.83	-0.08	-0.13	0.66
Inventory	0.98	0.94	0.57	0.98	0.75	0.93	0.94	0.66	0.47	0.97	-0.39	0.47	-0.86	0.94		0.91	0.78	0.96	0.93	0.99	0.9	0.97	0.87	0.07	0.02	0.66
Other Current Assets	0.83	0.73	0.53	0.83	0.78	0.72	0.73	0.68	0.3	0.81	-0.28	0.3	-0.73	0.77	0.91		0.81	0.79	0.76	0.89	0.77	0.82	0.76	0.23	0.18	0.55
Other Stockholder Equity	0.73	0.6	0.58	0.71	0.96	0.59	0.59	0.8	0.41	0.71	-0.18	0.41	-0.43	0.62	0.78	0.81		0.64	0.57	0.78	0.53	0.75	0.52	0.66	0.63	0.69
Total Liab	0.99	0.99	0.56	0.98	0.6	0.99	0.99	0.53	0.5	0.99	-0.37	0.5	-0.84	1.0	0.96	0.79	0.64		0.99	0.95	0.96	0.94	0.85	-0.06	-0.11	0.66
Property Plant And Equipment Gross	0.98	0.99	0.57	0.96	0.55	0.99	0.99	0.5	0.47	0.98	-0.31	0.47	-0.83	0.99	0.93	0.76	0.57	0.99		0.92	0.98	0.9	0.83	-0.13	-0.18	0.61
Total Current Assets	0.98	0.93	0.6	0.98	0.76	0.93	0.93	0.69	0.57	0.96	-0.36	0.57	-0.85	0.94	0.99	0.89	0.78	0.95	0.92		0.89	0.97	0.86	0.08	0.03	0.65
Short Term Debt	0.94	0.95	0.57	0.93	0.51	0.95	0.95	0.47	0.43	0.95	-0.25	0.43	-0.82	0.96	0.9	0.77	0.53	0.96	0.98	0.89		0.85	0.81	-0.15	-0.21	0.52
Accounts Payable	0.96	0.92	0.65	0.98	0.75	0.93	0.92	0.7	0.56	0.95	-0.31	0.56	-0.87	0.91	0.97	0.82	0.75	0.94	0.9	0.97	0.85		0.88	0.04	0.0	0.64
Net Receivables	0.84	0.84	0.39	0.88	0.52	0.85	0.85	0.51	0.38	0.83	-0.45	0.38	-0.89	0.83	0.87	0.76	0.52	0.85	0.83	0.86	0.81	0.88		-0.21	-0.25	0.53
Common Stock Total Equity	0.04	-0.11	0.25	-0.01	0.62	-0.13	-0.12	0.45	0.1	0.03	0.17	0.1	0.37	-0.08	0.07	0.23	0.66	-0.06	-0.13	0.08	-0.15	0.04	-0.21		0.99	0.41
Common Stock	-0.01	-0.16	0.21	-0.06	0.59	-0.18	-0.17	0.42	0.08	-0.02	0.16	0.08	0.41	-0.13	0.02	0.18	0.63	-0.11	-0.18	0.03	-0.21	0.0	-0.25	0.99		0.36
Other Assets	0.68	0.66	0.23	0.63	0.55	0.63	0.66	0.33	0.29	0.68	-0.48	0.29	-0.34	0.66	0.66	0.55	0.69	0.66	0.61	0.65	0.52	0.64	0.53	0.41	0.36

Click cells to compare fundamentals

Dollar General Account Relationship Matchups

Dollar General balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.8B	25.9B	26.3B	29.1B	33.7B	35.4B
Other Current Liab	717.5M	1.0B	1.1B	(15.1M)	971.9M	1.0B
Net Debt	11.5B	12.2B	13.9B	17.3B	17.6B	18.4B
Retained Earnings	3.2B	3.0B	2.5B	1.7B	2.8B	2.9B
Cash	240.3M	1.4B	344.8M	381.6M	537.3M	564.1M
Inventory	4.7B	5.2B	5.6B	6.8B	7.0B	7.3B
Other Current Assets	184.2M	199.4M	247.3M	302.9M	366.9M	385.3M
Total Liab	16.1B	19.2B	20.1B	23.5B	27.0B	28.3B
Total Current Assets	5.2B	6.9B	6.3B	7.6B	8.0B	8.4B
Short Term Debt	965.4M	1.1B	1.2B	1.3B	2.2B	2.3B
Accounts Payable	2.9B	3.6B	3.7B	3.6B	3.6B	3.8B
Net Receivables	76.5M	90.8M	97.4M	135.8M	112.3M	117.9M
Common Stock	220.4M	210.7M	201.3M	191.7M	192.2M	214.2M
Other Assets	34.1M	36.6M	46.1M	57.7M	52.0M	38.3M
Long Term Debt	2.9B	4.1B	4.2B	7.0B	6.2B	6.5B
Other Liab	847.9M	974.2M	1.0B	1.3B	1.5B	1.5B
Intangible Assets	1.2B	1.2B	1.2B	1.2B	1.1B	983.7M
Net Tangible Assets	9.0B	1.1B	9.6B	9.4B	10.8B	11.3B
Long Term Debt Total	2.9B	4.1B	4.2B	7.0B	8.1B	8.5B
Capital Surpluse	3.3B	3.4B	3.6B	3.7B	4.2B	3.6B

Pair Trading with Dollar General

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dollar General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dollar General will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dollar Stock

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0.94	TGT	Target Financial Report 15th of May 2024	Pair Corr
0.88	WMT	Walmart Financial Report 16th of May 2024	Pair Corr

Moving against Dollar Stock

0.8	IH	IhumanInc	Pair Corr
0.52	GV	Visionary Education Symbol Change	Pair Corr
0.46	YI	111 Inc	Pair Corr

The ability to find closely correlated positions to Dollar General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dollar General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dollar General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dollar General to buy it.

The correlation of Dollar General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dollar General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dollar General moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Dollar General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Dollar

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Is Dollar Stock a good investment?

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What is Dollar General's Net Worth?

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Check out Dollar General Valuation and Dollar General Correlation analysis.

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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Dollar Stock analysis

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

(0.39)

Dividend Share

2.36

Earnings Share

7.55

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.

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Dollar Balance Sheet Analysis

Dollar General balance sheet Correlations

Dollar General Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dollar General balance sheet Accounts

Pair Trading with Dollar General

Moving together with Dollar Stock

Moving against Dollar Stock

Complementary Tools for Dollar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Short Long Term Debt Total
Net Debt	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Net Receivables	- 0.89	Common Stock Shares Outstanding
Accounts Payable	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.87	Total Current Liabilities
Inventory	- 0.86	Common Stock Shares Outstanding
Total Current Assets	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Property Plant And Equipment Net