Casey's General Stores Balance Sheet Health
Financial Health criteria checks 4/6
Casey's General Stores has a total shareholder equity of $3.8B and total debt of $2.3B, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are $8.6B and $4.8B respectively. Casey's General Stores's EBIT is $900.8M making its interest coverage ratio 8.3. It has cash and short-term investments of $492.0M.
Key information
61.56%
Debt to equity ratio
US$2.35b
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$492.02m |
| Equity | US$3.81b |
| Total liabilities | US$4.78b |
| Total assets | US$8.59b |
Recent financial health updates
Casey's General Stores (NASDAQ:CASY) Seems To Use Debt Quite Sensibly
Jul 16
We Think Casey's General Stores (NASDAQ:CASY) Can Stay On Top Of Its Debt
Apr 06Recent updates
Casey's General Stores: Valuation Has Outrun Its Fundamentals - I Would Wait For A Pullback
Dec 18Calculating The Fair Value Of Casey's General Stores, Inc. (NASDAQ:CASY)
Nov 07Casey's General Stores, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Sep 11Casey's General Stores (NASDAQ:CASY) Has Some Way To Go To Become A Multi-Bagger
Sep 05Is Now The Time To Put Casey's General Stores (NASDAQ:CASY) On Your Watchlist?
Jul 30Casey's General Stores (NASDAQ:CASY) Seems To Use Debt Quite Sensibly
Jul 16Casey's General Stores, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jun 12A Look At The Intrinsic Value Of Casey's General Stores, Inc. (NASDAQ:CASY)
May 29We Think Casey's General Stores (NASDAQ:CASY) Can Stay On Top Of Its Debt
Apr 06Casey's General Stores, Inc.'s (NASDAQ:CASY) Share Price Could Signal Some Risk
Mar 25Earnings Beat: Casey's General Stores, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 14Casey's General Stores: Upbeat Results, Still A Quality Hold
Mar 12Casey's General Stores (NASDAQ:CASY) Ticks All The Boxes When It Comes To Earnings Growth
Feb 23Casey's General Stores: A Solid, But Pricey Operator
Feb 19Calculating The Fair Value Of Casey's General Stores, Inc. (NASDAQ:CASY)
Feb 01Casey'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: Well-Run Business, But Not An Attractive Buy Now
Nov 12
Decisive Expansions And Innovations Poised To Fuel Revenue And Profit Growth
Expansion and innovation in food and beverage offerings aim to increase same-store sales, margins, and customer loyalty.Casey'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 12Financial Position Analysis
Short Term Liabilities: CASY's short term assets ($1.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: CASY's short term assets ($1.2B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: CASY's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: CASY's debt to equity ratio has reduced from 72.5% to 61.6% over the past 5 years.
Debt Coverage: CASY's debt is well covered by operating cash flow (53.7%).
Interest Coverage: CASY's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/02 03:24 |
| End of Day Share Price | 2026/01/02 00:00 |
| Earnings | 2025/10/31 |
| Annual Earnings | 2025/04/30 |
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.
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 Github.
Analyst Sources
Casey's General Stores, Inc. is covered by 25 analysts. 14 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 |
|---|---|
| Karen Short | Barclays |
| Brian McNamara | Berenberg |
| Brandon Fletcher | Bernstein |