Casey's General Stores Balance Sheet Health
Financial Health criteria checks 3/6
Casey's General Stores has a total shareholder equity of $3.3B and total debt of $2.6B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are $7.7B and $4.4B respectively. Casey's General Stores's EBIT is $772.0M making its interest coverage ratio 14. It has cash and short-term investments of $351.7M.
Key information
77.9%
Debt to equity ratio
US$2.60b
Debt
| Interest coverage ratio | 14x |
| Cash | US$351.72m |
| Equity | US$3.34b |
| Total liabilities | US$4.39b |
| Total assets | US$7.73b |
Recent financial health updates
Casey's General Stores (NASDAQ:CASY) Has A Pretty Healthy Balance Sheet
Dec 22
These 4 Measures Indicate That Casey's General Stores (NASDAQ:CASY) Is Using Debt Reasonably Well
Sep 04Here's Why Casey's General Stores (NASDAQ:CASY) Can Manage Its Debt Responsibly
Apr 08Recent updates
Casey's General Stores (NASDAQ:CASY) Has A Pretty Healthy Balance Sheet
Dec 22Casey's General Stores: High Valuation Appears To Have Already Priced In The Upside
Dec 20Casey's General Stores: A Dividend Aristocrat Growth Investors Should Put On Their Radar
Nov 24Casey's General Stores, Inc. (NASDAQ:CASY) Investors Are Less Pessimistic Than Expected
Nov 17Casey's General Stores: Well-Run Business, But Not An Attractive Buy Now
Nov 12Should You Be Adding Casey's General Stores (NASDAQ:CASY) To Your Watchlist Today?
Oct 18Calculating The Intrinsic Value Of Casey's General Stores, Inc. (NASDAQ:CASY)
Sep 24These 4 Measures Indicate That Casey's General Stores (NASDAQ:CASY) Is Using Debt Reasonably Well
Sep 04Casey's General Stores: A Sleeper Dividend Growth Stock Long-Term Investors Should Love
Sep 02Casey's General Stores: A Hidden Gem For Long Term Investors
Aug 12Returns Are Gaining Momentum At Casey's General Stores (NASDAQ:CASY)
Aug 07Casey's General Stores, Inc.'s (NASDAQ:CASY) Price Is Out Of Tune With Earnings
Jul 11Casey's General Stores (NASDAQ:CASY) Ticks All The Boxes When It Comes To Earnings Growth
Jun 28Is Casey's General Stores, Inc. (NASDAQ:CASY) Potentially Undervalued?
Jun 14Casey's: Watch For Signs Of Economic Weakness (Rating Downgrade)
Jun 10Calculating The Intrinsic Value Of Casey's General Stores, Inc. (NASDAQ:CASY)
Jun 02Casey's General Stores (NASDAQ:CASY) Is Experiencing Growth In Returns On Capital
May 04Here's Why Casey's General Stores (NASDAQ:CASY) Can Manage Its Debt Responsibly
Apr 08Casey's General Stores: An Impressive Run, But Expensive
Mar 28Casey's General Stores, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Mar 14Is It Time To Consider Buying Casey's General Stores, Inc. (NASDAQ:CASY)?
Mar 06Casey's General Stores: A Dividend Grower Worth Owning For Long-Term Investors
Feb 23Does Casey's General Stores (NASDAQ:CASY) Deserve A Spot On Your Watchlist?
Feb 23Returns At Casey's General Stores (NASDAQ:CASY) Are On The Way Up
Jan 29Risks To Shareholder Returns Are Elevated At These Prices For Casey's General Stores, Inc. (NASDAQ:CASY)
Jan 02Financial Position Analysis
Short Term Liabilities: CASY's short term assets ($978.7M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: CASY's short term assets ($978.7M) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: CASY's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: CASY's debt to equity ratio has reduced from 83.3% to 77.9% over the past 5 years.
Debt Coverage: CASY's debt is well covered by operating cash flow (37.1%).
Interest Coverage: CASY's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 08:58 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Casey's General Stores, Inc. is covered by 33 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Karen Short | Barclays |
| Ronald Bookbinder | Benchmark Company |