Caseys General Stores Inc (CASY)
Debt-to-capital ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,508,670 | 3,015,380 | 2,660,670 | 2,240,840 | 1,932,680 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,508,670K)
= 0.00
The data for Caseys General Stores Inc indicates a debt-to-capital ratio of zero across the analyzed periods, from April 30, 2021, through April 30, 2025. This consistent measure suggests that the company has maintained an entirely equity-financed capital structure during this timeframe, with no recorded reliance on debt for its financial leverage. An absence of debt-to-capital indicates a conservative approach to financing, implying the company has not leveraged debt to finance its operations or growth initiatives. This capital stance can lead to lower financial risk and interest obligations, but it may also reflect limited use of debt to potentially enhance return on equity or sustain expansion activities. Overall, the zero debt-to-capital ratio signifies a debt-free or debt-absent capital structure throughout the reported periods.
Peer comparison
Apr 30, 2025