Dollar Quick Ratio from 2010 to 2024

DLTR Stock  USD 71.50  2.38  3.44%   
Dollar Tree Quick Ratio yearly trend continues to be relatively stable with very little volatility. Quick Ratio is likely to grow to 1.74 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.21715247
Current Value
1.73586395
Quarterly Volatility
0.3938902
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dollar Tree financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dollar Tree's main balance sheet or income statement drivers, such as Depreciation And Amortization of 883 M, Interest Expense of 95.1 M or Total Revenue of 32.1 B, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 4.0E-4 or PTB Ratio of 3.24. Dollar financial statements analysis is a perfect complement when working with Dollar Tree Valuation or Volatility modules.
  
Check out the analysis of Dollar Tree Correlation against competitors.
To learn how to invest in Dollar Stock, please use our How to Invest in Dollar Tree guide.

Latest Dollar Tree's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Dollar Tree over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Dollar Tree's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dollar Tree's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Pretty Stable
   Quick Ratio   
       Timeline  

Dollar Quick Ratio Regression Statistics

Arithmetic Mean0.39
Geometric Mean0.31
Coefficient Of Variation100.67
Mean Deviation0.24
Median0.22
Standard Deviation0.39
Sample Variance0.16
Range1.5251
R-Value0.18
Mean Square Error0.16
R-Squared0.03
Significance0.52
Slope0.02
Total Sum of Squares2.17

Dollar Quick Ratio History

2024 1.74
2020 0.22
2014 0.21

About Dollar Tree Financial Statements

Dollar Tree shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although Dollar Tree investors may analyze each financial statement separately, they are all interrelated. The changes in Dollar Tree's assets and liabilities, for example, are also reflected in the revenues and expenses on on Dollar Tree's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.22  1.74 

Additional Tools for Dollar Stock Analysis

When running Dollar Tree's price analysis, check to measure Dollar Tree'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 Tree is operating at the current time. Most of Dollar Tree's value examination focuses on studying past and present price action to predict the probability of Dollar Tree'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 Tree's price. Additionally, you may evaluate how the addition of Dollar Tree to your portfolios can decrease your overall portfolio volatility.