Dollar Historical Income Statement
DG Stock | USD 144.49 0.50 0.34% |
Historical analysis of Dollar General income statement accounts such as Selling General Administrative of 5.1 B can show how well Dollar General performed in making a profits. Evaluating Dollar General income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dollar General's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Dollar General latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dollar General is a good buy for the upcoming year.
Dollar |
About Dollar Income Statement Analysis
Dollar General Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Dollar General shareholders. The income statement also shows Dollar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Dollar General Income Statement Chart
Dollar General Income Statement is one of the three primary financial statements used for reporting Dollar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dollar General revenue and expense. Dollar General Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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). Add Fundamental
Total Revenue
Total revenue comprises all receipts Dollar General generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dollar General minus its cost of goods sold. It is profit before Dollar General operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Dollar General. It is also known as Dollar General overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Dollar General's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 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.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).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.8B | 11.8B | 11.7B | 12.3B | Total Revenue | 34.2B | 37.8B | 38.7B | 40.6B |
Dollar General income statement Correlations
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Dollar General Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dollar General income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 504.8M | 574.2M | 641.3M | 724.5M | 848.8M | 891.2M | |
Interest Expense | 100.6M | 150.4M | 157.5M | 211.3M | 326.8M | 343.1M | |
Selling General Administrative | 6.1B | 7.1B | 7.5B | 8.4B | 9.3B | 5.1B | |
Total Revenue | 27.8B | 33.7B | 34.2B | 37.8B | 38.7B | 40.6B | |
Gross Profit | 8.5B | 10.7B | 10.8B | 11.8B | 11.7B | 12.3B | |
Other Operating Expenses | 25.5B | 30.2B | 31.0B | 34.5B | 36.2B | 38.1B | |
Operating Income | 2.3B | 3.6B | 3.2B | 3.3B | 2.5B | 2.6B | |
Ebit | 2.3B | 3.6B | 3.2B | 3.3B | 2.5B | 2.6B | |
Ebitda | 2.8B | 4.1B | 3.9B | 4.1B | 3.3B | 3.5B | |
Cost Of Revenue | 19.3B | 23.0B | 23.4B | 26.0B | 27.0B | 28.3B | |
Total Operating Expenses | 6.2B | 7.2B | 7.6B | 8.5B | 9.3B | 9.7B | |
Income Before Tax | 2.2B | 3.4B | 3.1B | 3.1B | 2.1B | 2.2B | |
Total Other Income Expense Net | (100.6M) | (150.4M) | (157.5M) | (211.7M) | (333.5M) | (316.8M) | |
Net Income | 1.7B | 2.7B | 2.4B | 2.4B | 1.7B | 1.7B | |
Income Tax Expense | 489.2M | 749.3M | 663.9M | 700.6M | 458.2M | 271.1M | |
Net Income Applicable To Common Shares | 1.7B | 2.7B | 2.4B | 2.4B | 2.8B | 2.9B | |
Net Income From Continuing Ops | 1.7B | 2.7B | 2.4B | 2.4B | 1.7B | 1.8B | |
Tax Provision | 489.2M | 749.3M | 663.9M | 700.6M | 458.2M | 467.4M | |
Interest Income | 100.6M | 150.4M | 157.5M | 211.3M | 243.0M | 137.7M | |
Net Interest Income | (100.6M) | (150.4M) | (157.5M) | (211.3M) | (326.8M) | (310.4M) | |
Reconciled Depreciation | 504.8M | 574.2M | 641.3M | 724.9M | 848.8M | 652.5M |
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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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.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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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 (0.39) | 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.