Caseys General Stores Inc (CASY)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,508,670K
= 0.00
Based on the provided data, the debt-to-equity ratio for Caseys General Stores Inc has consistently been reported at 0.00 from April 30, 2021, through April 30, 2025. This indicates that during this period, the company has maintained a capital structure entirely composed of equity financing, with no reported long-term or short-term debt relative to its equity base. Such a ratio suggests that the company has not utilized debt as a means of financing its operations or growth initiatives over these years. Maintaining a debt-to-equity ratio of zero may reflect a conservative financial strategy centered on equity financing, potentially resulting in lower financial leverage and associated risks. However, it also implies that the company may have limited access to or prefer not to utilize debt financing options, which could impact its capacity for leveraging debt to fund expansion or other capital projects.
Peer comparison
Apr 30, 2025