Caseys General Stores Inc (CASY)

Debt-to-assets ratio

Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 8,208,120 8,220,180 7,725,570 6,496,420 6,347,430 6,207,010 6,227,460 6,062,350 5,943,270 5,840,620 5,790,460 5,679,140 5,505,730 5,401,940 5,252,110 5,075,970 4,460,310 4,396,990 4,323,670 4,098,990
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 for Caseys General Stores Inc. has consistently been reported as zero across all available measurement dates from July 31, 2020, through April 30, 2025. This indicates that the company's total liabilities are effectively negligible or nonexistent relative to its total assets during this period. Such a ratio suggests that the company has maintained an entirely equity-financed capital structure with no recorded debt obligations. The persistent lack of debt signifies a conservative financial position, potentially reducing financial risk and interest expense, and reflects a strategy or operational status characterized by reliance solely on equity financing without leveraging debt instruments.