Casey's General Stores Balance Sheet Health
Financial Health criteria checks 4/6
Casey's General Stores has a total shareholder equity of $3.2B and total debt of $1.5B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are $6.5B and $3.3B respectively. Casey's General Stores's EBIT is $740.0M making its interest coverage ratio 13.5. It has cash and short-term investments of $305.0M.
Key information
47.6%
Debt to equity ratio
US$1.51b
Debt
| Interest coverage ratio | 13.5x |
| Cash | US$304.99m |
| Equity | US$3.16b |
| Total liabilities | US$3.33b |
| Total assets | US$6.50b |
Recent financial health updates
These 4 Measures Indicate That Casey's General Stores (NASDAQ:CASY) Is Using Debt Reasonably Well
Sep 04
Here's Why Casey's General Stores (NASDAQ:CASY) Can Manage Its Debt Responsibly
Apr 08Casey's General Stores (NASDAQ:CASY) Seems To Use Debt Quite Sensibly
Dec 12These 4 Measures Indicate That Casey's General Stores (NASDAQ:CASY) Is Using Debt Reasonably Well
Aug 25We Think Casey's General Stores (NASDAQ:CASY) Can Manage Its Debt With Ease
May 14Casey's General Stores (NASDAQ:CASY) Seems To Use Debt Quite Sensibly
Feb 12Recent updates
These 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 02Casey's General Stores (NASDAQ:CASY) Seems To Use Debt Quite Sensibly
Dec 12Here's Why We Think Casey's General Stores (NASDAQ:CASY) Is Well Worth Watching
Nov 13Is There An Opportunity With Casey's General Stores, Inc.'s (NASDAQ:CASY) 36% Undervaluation?
Oct 30The Return Trends At Casey's General Stores (NASDAQ:CASY) Look Promising
Oct 04What Is Casey's General Stores, Inc.'s (NASDAQ:CASY) Share Price Doing?
Sep 20These 4 Measures Indicate That Casey's General Stores (NASDAQ:CASY) Is Using Debt Reasonably Well
Aug 25Are Investors Undervaluing Casey's General Stores, Inc. (NASDAQ:CASY) By 30%?
Jul 31Here's Why We Think Casey's General Stores (NASDAQ:CASY) Is Well Worth Watching
Jul 18Casey's General Stores (NASDAQ:CASY) Is Doing The Right Things To Multiply Its Share Price
Jul 03Is Casey's General Stores, Inc. (NASDAQ:CASY) Potentially Undervalued?
Jun 21We Think Casey's General Stores (NASDAQ:CASY) Can Manage Its Debt With Ease
May 14Casey's General Stores, Inc. (NASDAQ:CASY) Shares Could Be 27% Below Their Intrinsic Value Estimate
Apr 19Does Casey's General Stores (NASDAQ:CASY) Deserve A Spot On Your Watchlist?
Apr 08Returns At Casey's General Stores (NASDAQ:CASY) Are On The Way Up
Mar 28Is Casey's General Stores, Inc. (NASDAQ:CASY) Potentially Undervalued?
Mar 17Casey's General Stores (NASDAQ:CASY) Seems To Use Debt Quite Sensibly
Feb 12Casey's General Stores, Inc. (NASDAQ:CASY) Shares Could Be 28% Below Their Intrinsic Value Estimate
Jan 10Casey's General Stores (NASDAQ:CASY) Is Experiencing Growth In Returns On Capital
Dec 19Financial Position Analysis
Short Term Liabilities: CASY's short term assets ($955.0M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: CASY's short term assets ($955.0M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: CASY's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: CASY's debt to equity ratio has reduced from 91.1% to 47.6% over the past 5 years.
Debt Coverage: CASY's debt is well covered by operating cash flow (62.7%).
Interest Coverage: CASY's interest payments on its debt are well covered by EBIT (13.5x coverage).