Dollar General Stock Z Score

DG Stock

USD 143.16 0.43 0.30%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Dollar General Piotroski F Score and Dollar General Valuation 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 Capital Expenditures is most likely to increase significantly in the upcoming years. The Dollar General's current Return On Capital Employed is estimated to increase to 0.26, while Capital Surpluse is projected to decrease to roughly 3.6 B. At this time, Dollar General's Total Revenue is most likely to increase significantly in the upcoming years. The Dollar General's current Gross Profit is estimated to increase to about 12.3 B, while Total Other Income Expense Net is forecasted to increase to (316.8 M).

Dollar General Company Z Score Analysis

Dollar General's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Dollar Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Dollar General is extremely important. It helps to project a fair market value of Dollar Stock properly, considering its historical fundamentals such as Z Score. Since Dollar General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dollar General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dollar General's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Net Receivables	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.7	0.98	0.62	0.99	0.98	0.94	0.96	0.84	-0.01	0.92	0.89	0.33	-0.64	-0.79	0.9	0.87	0.89	0.57	0.82	0.5	0.87	-0.31	-0.89
Total Stockholder Equity	0.7		0.54	0.94	0.6	0.76	0.51	0.75	0.52	0.59	0.65	0.46	0.34	-0.33	-0.77	0.49	0.38	0.52	0.16	0.4	0.33	0.38	-0.22	-0.41
Net Debt	0.98	0.54		0.46	0.99	0.93	0.95	0.92	0.85	-0.17	0.9	0.89	0.35	-0.6	-0.68	0.93	0.89	0.89	0.62	0.83	0.48	0.9	-0.33	-0.91
Retained Earnings	0.62	0.94	0.46		0.53	0.69	0.47	0.7	0.51	0.42	0.47	0.38	0.35	-0.32	-0.69	0.43	0.28	0.46	0.13	0.3	0.38	0.28	-0.29	-0.32
Total Liab	0.99	0.6	0.99	0.53		0.95	0.96	0.94	0.85	-0.11	0.91	0.91	0.3	-0.65	-0.74	0.91	0.9	0.9	0.61	0.84	0.5	0.9	-0.31	-0.92
Total Current Assets	0.98	0.76	0.93	0.69	0.95		0.89	0.97	0.86	0.03	0.93	0.88	0.39	-0.59	-0.79	0.83	0.84	0.88	0.56	0.81	0.54	0.84	-0.19	-0.85
Short Term Debt	0.94	0.51	0.95	0.47	0.96	0.89		0.85	0.81	-0.21	0.84	0.9	0.17	-0.76	-0.77	0.9	0.92	0.9	0.61	0.87	0.44	0.89	-0.34	-0.93
Accounts Payable	0.96	0.75	0.92	0.7	0.94	0.97	0.85		0.88	0.0	0.85	0.79	0.53	-0.47	-0.69	0.83	0.74	0.84	0.55	0.78	0.57	0.77	-0.33	-0.79
Net Receivables	0.84	0.52	0.85	0.51	0.85	0.86	0.81	0.88		-0.25	0.76	0.77	0.45	-0.45	-0.54	0.79	0.74	0.81	0.6	0.77	0.46	0.77	-0.18	-0.76
Common Stock	-0.01	0.59	-0.17	0.42	-0.11	0.03	-0.21	0.0	-0.25		0.12	-0.16	-0.09	0.09	-0.32	-0.2	-0.21	-0.2	-0.43	-0.21	-0.13	-0.25	0.05	0.21
Long Term Debt	0.92	0.65	0.9	0.47	0.91	0.93	0.84	0.85	0.76	0.12		0.9	0.21	-0.61	-0.79	0.79	0.9	0.84	0.52	0.79	0.37	0.88	-0.02	-0.87
Property Plant Equipment	0.89	0.46	0.89	0.38	0.91	0.88	0.9	0.79	0.77	-0.16	0.9		0.09	-0.72	-0.73	0.73	0.95	0.85	0.57	0.84	0.57	0.94	0.04	-0.9
Current Deferred Revenue	0.33	0.34	0.35	0.35	0.3	0.39	0.17	0.53	0.45	-0.09	0.21	0.09		0.37	0.09	0.28	-0.01	0.22	0.36	0.22	0.38	0.1	-0.25	-0.07
Good Will	-0.64	-0.33	-0.6	-0.32	-0.65	-0.59	-0.76	-0.47	-0.45	0.09	-0.61	-0.72	0.37		0.84	-0.6	-0.8	-0.55	-0.24	-0.58	-0.16	-0.61	0.17	0.82
Intangible Assets	-0.79	-0.77	-0.68	-0.69	-0.74	-0.79	-0.77	-0.69	-0.54	-0.32	-0.79	-0.73	0.09	0.84		-0.65	-0.75	-0.64	-0.24	-0.6	-0.23	-0.62	0.18	0.76
Net Tangible Assets	0.9	0.49	0.93	0.43	0.91	0.83	0.9	0.83	0.79	-0.2	0.79	0.73	0.28	-0.6	-0.65		0.82	0.84	0.58	0.67	0.17	0.81	-0.45	-0.86
Long Term Debt Total	0.87	0.38	0.89	0.28	0.9	0.84	0.92	0.74	0.74	-0.21	0.9	0.95	-0.01	-0.8	-0.75	0.82		0.87	0.6	0.82	0.33	0.95	-0.03	-0.95
Capital Surpluse	0.89	0.52	0.89	0.46	0.9	0.88	0.9	0.84	0.81	-0.2	0.84	0.85	0.22	-0.55	-0.64	0.84	0.87		0.72	0.8	0.39	0.95	-0.15	-0.78
Deferred Long Term Liab	0.57	0.16	0.62	0.13	0.61	0.56	0.61	0.55	0.6	-0.43	0.52	0.57	0.36	-0.24	-0.24	0.58	0.6	0.72		0.57	0.26	0.7	-0.04	-0.51
Short Long Term Debt	0.82	0.4	0.83	0.3	0.84	0.81	0.87	0.78	0.77	-0.21	0.79	0.84	0.22	-0.58	-0.6	0.67	0.82	0.8	0.57		0.57	0.82	-0.2	-0.84
Cash And Equivalents	0.5	0.33	0.48	0.38	0.5	0.54	0.44	0.57	0.46	-0.13	0.37	0.57	0.38	-0.16	-0.23	0.17	0.33	0.39	0.26	0.57		0.42	-0.06	-0.37
Net Invested Capital	0.87	0.38	0.9	0.28	0.9	0.84	0.89	0.77	0.77	-0.25	0.88	0.94	0.1	-0.61	-0.62	0.81	0.95	0.95	0.7	0.82	0.42		0.0	-0.86
Net Working Capital	-0.31	-0.22	-0.33	-0.29	-0.31	-0.19	-0.34	-0.33	-0.18	0.05	-0.02	0.04	-0.25	0.17	0.18	-0.45	-0.03	-0.15	-0.04	-0.2	-0.06	0.0		0.25
Capital Stock	-0.89	-0.41	-0.91	-0.32	-0.92	-0.85	-0.93	-0.79	-0.76	0.21	-0.87	-0.9	-0.07	0.82	0.76	-0.86	-0.95	-0.78	-0.51	-0.84	-0.37	-0.86	0.25

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Dollar General

According to the company's disclosures, Dollar General has a Z Score of 0.0. This is 100.0% lower than that of the Consumer Staples Distribution & Retail sector and 100.0% lower than that of the Consumer Staples industry. The z score for all United States stocks is 100.0% higher than that of the company.

Dollar General ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dollar General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dollar General's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Dollar General Institutional Holders

Institutional Holdings refers to the ownership stake in Dollar General that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dollar General's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dollar General's value.

		Shares
Macquarie Group Ltd	2023-12-31	2.4 M
Northern Trust Corp	2023-12-31	2.3 M
Fmr Inc	2023-12-31	2.3 M
Alecta Pensionsforsakring, Omsesidigt	2023-12-31	2.1 M
Manufacturers Life Insurance Co	2023-12-31	2 M
Legal & General Group Plc	2023-12-31	1.7 M
Bank Of America Corp	2023-12-31	1.6 M
Amvescap Plc.	2023-12-31	1.6 M
Jane Street Group, Llc	2023-12-31	1.4 M
Vanguard Group Inc	2023-12-31	25.1 M
Blackrock Inc	2023-12-31	19.4 M

Dollar Fundamentals

	Return On Equity	0.27
	Return On Asset	0.0512
	Profit Margin	0.04 %
	Operating Margin	0.06 %
	Current Valuation	48.91 B
	Shares Outstanding	219.67 M
	Shares Owned By Insiders	0.25 %
	Shares Owned By Institutions	93.78 %
	Number Of Shares Shorted	6.32 M
	Price To Earning	306.23 X
	Price To Book	4.81 X
	Price To Sales	0.84 X
	Revenue	38.69 B
	Gross Profit	11.82 B
	EBITDA	3.3 B
	Net Income	1.66 B
	Cash And Equivalents	381.58 M
	Cash Per Share	1.45 X
	Total Debt	18.09 B
	Debt To Equity	2.50 %
	Current Ratio	1.01 X
	Book Value Per Share	30.73 X
	Cash Flow From Operations	2.39 B
	Short Ratio	2.26 X
	Earnings Per Share	7.55 X
	Price To Earnings To Growth	2.52 X
	Target Price	157.41
	Number Of Employees	185.8 K
	Beta	0.41
	Market Capitalization	31.35 B
	Total Asset	33.74 B
	Retained Earnings	2.8 B
	Working Capital	1.29 B
	Current Asset	3.43 B
	Current Liabilities	2 B
	Annual Yield	0.02 %
	Five Year Return	0.85 %
	Net Asset	33.74 B
	Last Dividend Paid	2.36

About Dollar General Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dollar General's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dollar General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dollar General based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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

0.7	GO	Grocery Outlet Holding Financial Report 14th of May 2024	Pair Corr
0.87	KR	Kroger Company Financial Report 20th of June 2024	Pair Corr

Moving against Dollar Stock

0.8	IH	IhumanInc	Pair Corr
0.72	IMKTA	Ingles Markets rporated Earnings Call This Week	Pair Corr
0.56	FC	Franklin Covey Financial Report 26th of June 2024	Pair Corr
0.48	ACI	Albertsons Companies Financial Report 23rd of July 2024	Pair Corr
0.44	GV	Visionary Education Symbol Change	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

Details

Is Dollar Stock a good investment?

Details

What is Dollar General's Net Worth?

Details

Largest Consumer Staples Distribution & Retail Companies

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Largest Consumer Defensive Companies

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Check out Dollar General Piotroski F Score and Dollar General Valuation 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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 General Stock Z Score

Dollar General Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Dollar Z Score Driver Correlations

Dollar General ESG Sustainability

Dollar General Institutional Holders

Dollar Fundamentals

About Dollar General Fundamental Analysis

Pair Trading with Dollar General

Moving together with Dollar Stock

Moving against Dollar Stock

Complementary Tools for Dollar Stock analysis

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