Dollar Net Debt vs Cash And Short Term Investments Analysis

DG Stock

USD 76.26 1.62 2.17%

Dollar General financial indicator trend analysis is much more than just examining Dollar General latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar General is a good investment. Please check the relationship between Dollar General Net Debt and its Cash And Short Term Investments accounts. 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 closely tied 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dollar General Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Dollar General's Net Debt and Cash And Short Term Investments is 0.45. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Dollar General, assuming nothing else is changed. The correlation between historical values of Dollar General's Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Dollar General are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Dollar General's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Dollar General balance sheet. This account contains Dollar General investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dollar General fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Dollar General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 closely tied 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 Enterprise Value Multiple is most likely to increase slightly in the upcoming years. The Dollar General's current Enterprise Value is estimated to increase to about 9.5 B, while Selling General Administrative is projected to decrease to roughly 5.1 B.

	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

Gross Profit Total Revenue

Dollar General fundamental ratios 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	-0.68	0.99	0.71	0.98	0.97	0.63	0.54	1.0	-0.3	0.54	-0.83	0.98	0.98	0.81	0.74	0.99	0.96	0.98	0.93	0.97	0.84	0.05	0.01	0.69
Short Long Term Debt Total	0.98		-0.79	0.97	0.55	1.0	1.0	0.47	0.49	0.98	-0.36	0.49	-0.84	1.0	0.94	0.73	0.6	1.0	0.99	0.93	0.97	0.92	0.84	-0.11	-0.16	0.66
Other Current Liab	-0.68	-0.79		-0.7	-0.07	-0.77	-0.78	0.01	-0.41	-0.69	0.31	-0.41	0.65	-0.77	-0.64	-0.48	-0.16	-0.76	-0.8	-0.65	-0.88	-0.61	-0.63	0.41	0.46	-0.46
Total Current Liabilities	0.99	0.97	-0.7		0.7	0.97	0.96	0.64	0.54	0.98	-0.25	0.54	-0.87	0.97	0.98	0.83	0.71	0.98	0.96	0.98	0.94	0.98	0.88	-0.01	-0.06	0.63
Total Stockholder Equity	0.71	0.55	-0.07	0.7		0.55	0.54	0.94	0.48	0.69	0.03	0.48	-0.46	0.57	0.75	0.78	0.96	0.61	0.55	0.76	0.48	0.75	0.51	0.62	0.59	0.55
Property Plant And Equipment Net	0.98	1.0	-0.77	0.97	0.55		1.0	0.5	0.5	0.98	-0.31	0.5	-0.85	0.99	0.93	0.72	0.59	0.99	0.99	0.93	0.96	0.93	0.85	-0.13	-0.18	0.63
Net Debt	0.97	1.0	-0.78	0.96	0.54	1.0		0.46	0.45	0.98	-0.37	0.45	-0.84	1.0	0.94	0.73	0.59	0.99	0.99	0.93	0.96	0.92	0.84	-0.12	-0.17	0.66
Retained Earnings	0.63	0.47	0.01	0.64	0.94	0.5	0.46		0.52	0.61	0.22	0.52	-0.49	0.49	0.66	0.68	0.8	0.53	0.5	0.69	0.41	0.7	0.5	0.45	0.42	0.33
Cash	0.54	0.49	-0.41	0.54	0.48	0.5	0.45	0.52		0.52	0.01	1.0	-0.38	0.5	0.47	0.3	0.41	0.51	0.47	0.57	0.49	0.56	0.37	0.1	0.08	0.29
Non Current Assets Total	1.0	0.98	-0.69	0.98	0.69	0.98	0.98	0.61	0.52		-0.3	0.52	-0.81	0.99	0.96	0.78	0.72	0.99	0.97	0.96	0.93	0.96	0.83	0.04	0.0	0.7
Non Currrent Assets Other	-0.3	-0.36	0.31	-0.25	0.03	-0.31	-0.37	0.22	0.01	-0.3		0.01	0.34	-0.37	-0.33	-0.22	-0.15	-0.35	-0.24	-0.31	-0.26	-0.27	-0.4	0.16	0.15	-0.45
Cash And Short Term Investments	0.54	0.49	-0.41	0.54	0.48	0.5	0.45	0.52	1.0	0.52	0.01		-0.38	0.5	0.47	0.3	0.41	0.51	0.47	0.57	0.49	0.56	0.37	0.1	0.08	0.29
Common Stock Shares Outstanding	-0.83	-0.84	0.65	-0.87	-0.46	-0.85	-0.84	-0.49	-0.38	-0.81	0.34	-0.38		-0.83	-0.86	-0.73	-0.43	-0.84	-0.83	-0.85	-0.83	-0.87	-0.9	0.37	0.41	-0.34
Non Current Liabilities Total	0.98	1.0	-0.77	0.97	0.57	0.99	1.0	0.49	0.5	0.99	-0.37	0.5	-0.83		0.94	0.74	0.63	1.0	0.98	0.94	0.96	0.93	0.83	-0.08	-0.12	0.68
Inventory	0.98	0.94	-0.64	0.98	0.75	0.93	0.94	0.66	0.47	0.96	-0.33	0.47	-0.86	0.94		0.91	0.78	0.96	0.93	0.99	0.91	0.97	0.87	0.07	0.02	0.66
Other Current Assets	0.81	0.73	-0.48	0.83	0.78	0.72	0.73	0.68	0.3	0.78	-0.22	0.3	-0.73	0.74	0.91		0.81	0.77	0.76	0.89	0.76	0.82	0.76	0.23	0.18	0.55
Other Stockholder Equity	0.74	0.6	-0.16	0.71	0.96	0.59	0.59	0.8	0.41	0.72	-0.15	0.41	-0.43	0.63	0.78	0.81		0.65	0.57	0.78	0.53	0.75	0.51	0.66	0.63	0.69
Total Liab	0.99	1.0	-0.76	0.98	0.61	0.99	0.99	0.53	0.51	0.99	-0.35	0.51	-0.84	1.0	0.96	0.77	0.65		0.98	0.96	0.96	0.95	0.85	-0.06	-0.11	0.67
Property Plant And Equipment Gross	0.96	0.99	-0.8	0.96	0.55	0.99	0.99	0.5	0.47	0.97	-0.24	0.47	-0.83	0.98	0.93	0.76	0.57	0.98		0.92	0.98	0.9	0.82	-0.13	-0.18	0.61
Total Current Assets	0.98	0.93	-0.65	0.98	0.76	0.93	0.93	0.69	0.57	0.96	-0.31	0.57	-0.85	0.94	0.99	0.89	0.78	0.96	0.92		0.91	0.97	0.86	0.08	0.03	0.65
Short Term Debt	0.93	0.97	-0.88	0.94	0.48	0.96	0.96	0.41	0.49	0.93	-0.26	0.49	-0.83	0.96	0.91	0.76	0.53	0.96	0.98	0.91		0.87	0.82	-0.18	-0.23	0.58
Accounts Payable	0.97	0.92	-0.61	0.98	0.75	0.93	0.92	0.7	0.56	0.96	-0.27	0.56	-0.87	0.93	0.97	0.82	0.75	0.95	0.9	0.97	0.87		0.87	0.04	0.0	0.64
Net Receivables	0.84	0.84	-0.63	0.88	0.51	0.85	0.84	0.5	0.37	0.83	-0.4	0.37	-0.9	0.83	0.87	0.76	0.51	0.85	0.82	0.86	0.82	0.87		-0.24	-0.27	0.5
Common Stock Total Equity	0.05	-0.11	0.41	-0.01	0.62	-0.13	-0.12	0.45	0.1	0.04	0.16	0.1	0.37	-0.08	0.07	0.23	0.66	-0.06	-0.13	0.08	-0.18	0.04	-0.24		0.99	0.41
Common Stock	0.01	-0.16	0.46	-0.06	0.59	-0.18	-0.17	0.42	0.08	0.0	0.15	0.08	0.41	-0.12	0.02	0.18	0.63	-0.11	-0.18	0.03	-0.23	0.0	-0.27	0.99		0.36
Other Assets	0.69	0.66	-0.46	0.63	0.55	0.63	0.66	0.33	0.29	0.7	-0.45	0.29	-0.34	0.68	0.66	0.55	0.69	0.67	0.61	0.65	0.58	0.64	0.5	0.41	0.36

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Dollar General Account Relationship Matchups

Dollar General fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.8B	25.9B	26.3B	29.1B	30.8B	32.3B
Short Long Term Debt Total	11.7B	13.6B	14.2B	17.7B	18.1B	19.0B
Other Current Liab	717.5M	(67.5M)	(134.4M)	(252.0M)	(415.2M)	(394.4M)
Total Current Liabilities	4.5B	5.7B	6.0B	5.9B	6.7B	7.1B
Total Stockholder Equity	6.7B	6.7B	6.3B	5.5B	6.7B	7.1B
Property Plant And Equipment Net	12.1B	13.4B	14.4B	15.9B	17.2B	18.0B
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
Non Current Assets Total	17.6B	18.9B	20.0B	21.5B	22.8B	23.9B
Non Currrent Assets Other	34.1M	36.6M	46.1M	(1.0B)	60.6M	63.7M
Cash And Short Term Investments	240.3M	1.4B	344.8M	381.6M	537.3M	564.1M
Common Stock Shares Outstanding	258.1M	250.1M	235.8M	226.3M	219.9M	240.6M
Liabilities And Stockholders Equity	22.8B	25.9B	26.3B	29.1B	30.8B	32.3B
Non Current Liabilities Total	11.6B	13.5B	14.1B	17.7B	17.3B	18.2B
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
Other Stockholder Equity	3.3B	3.4B	3.6B	3.7B	3.8B	3.9B
Total Liab	16.1B	19.2B	20.1B	23.5B	24.0B	25.2B
Property Plant And Equipment Gross	12.1B	13.4B	14.4B	15.9B	21.7B	22.8B
Total Current Assets	5.2B	6.9B	6.3B	7.6B	8.0B	8.4B
Accumulated Other Comprehensive Income	(3.1M)	(2.2M)	(1.2M)	43K	493K	517.7K
Short Term Debt	965.4M	2.1B	2.4B	2.6B	3.5B	3.7B
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 Total Equity	220.4M	210.7M	201.3M	191.7M	220.5M	214.4M
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
Property Plant Equipment	3.3B	13.4B	4.3B	15.9B	18.3B	19.2B
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
Retained Earnings Total Equity	3.2B	3.0B	2.5B	1.7B	1.9B	2.2B
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
Deferred Long Term Liab	675.2M	710.5M	825.3M	1.1B	1.2B	637.0M

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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 closely tied 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.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Is Consumer Staples Distribution & Retail space 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

(0.20)

Dividend Share

2.36

Earnings Share

6.57

Revenue Per Share

180.613

Quarterly Revenue Growth

0.042

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 Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Dollar General fundamental ratios Correlations

Dollar General Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dollar General fundamental ratios Accounts

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

Net Receivables	- 0.9	Common Stock Shares Outstanding
Short Term Debt	- 0.88	Other Current Liab
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