Caseys General Stores Inc (CASY)
Debt-to-assets ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 8,208,120 | 6,347,430 | 5,943,270 | 5,505,730 | 4,460,310 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,208,120K
= 0.00
The debt-to-assets ratio of Caseys General Stores Inc. has consistently been reported as 0.00 from April 30, 2021, through April 30, 2025. This indicates that the company has relied entirely on equity financing and has not utilized debt financing during this period. A debt-to-assets ratio of zero suggests that the company does not have any short-term or long-term debt obligations on its balance sheet, reflecting a highly conservative capital structure. Such a position can imply strong solvency and financial stability, as there are no leverage-related risks stemming from debt obligations. Alternatively, it may also suggest the company’s strategic choice to operate without leverage or could be indicative of limitations in debt capacity or a preference for maintaining a debt-free balance sheet. Overall, the data reflects a consistent approach to financial management that avoids leveraging liabilities, maintaining a debt-to-assets ratio of zero across the observed years.
Peer comparison
Apr 30, 2025