Caseys General Financials

CASY Stock  USD 420.98  5.51  1.29%   
Based on the analysis of Caseys General's profitability, liquidity, and operating efficiency, Caseys General Stores may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. At this time, Caseys General's Non Currrent Assets Other are fairly stable compared to the past year. Cash And Short Term Investments is likely to rise to about 216.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 36.2 M in 2024. Key indicators impacting Caseys General's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.01820.0338
Way Down
Slightly volatile
Return On Assets0.05020.0791
Way Down
Pretty Stable
Return On Equity0.110.1665
Way Down
Slightly volatile
Debt Equity Ratio0.540.5088
Notably Up
Slightly volatile
Operating Income1.1 B1.1 B
Sufficiently Up
Slightly volatile
Current Ratio1.050.8704
Fairly Up
Very volatile
Investors should never underestimate Caseys General's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Caseys General's cash flow, debt, and profitability to make informed and accurate decisions about investing in Caseys General Stores.

Net Income

527.07 Million

  
Understanding current and past Caseys General Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Caseys General's financial statements are interrelated, with each one affecting the others. For example, an increase in Caseys General's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Caseys General's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Caseys General Stores. Check Caseys General's Beneish M Score to see the likelihood of Caseys General's management manipulating its earnings.

Caseys General Stock Summary

Caseys General competes with Leslies, Sally Beauty, ODP Corp, 1 800, and National Vision. Caseys General Stores, Inc., together with its subsidiaries, operates convenience stores under the Caseys and Caseys General Store names. Caseys General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa. Caseys General operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 20451 people.
Specialization
Consumer Cyclical, Consumer Staples Distribution & Retail
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1475281036
CUSIP147528103
LocationIowa; U.S.A
Business AddressOne SE Convenience
SectorConsumer Staples Distribution & Retail
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.caseys.com
Phone515 965 6100
CurrencyUSD - US Dollar

Caseys General Key Financial Ratios

Caseys General Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.5B5.5B5.9B6.3B6.7B
Other Current Liab188.3M215.5M243.9M262.6M289.7M304.2M
Net Debt1.3B1.0B1.5B1.3B1.5B1.6B
Retained Earnings1.6B1.9B2.2B2.6B3.0B3.1B
Cash78.3M336.5M158.9M378.9M206.5M216.8M
Net Receivables63.2M89.3M152.1M143.9M168.9M177.3M
Inventory236.0M286.6M396.2M376.1M428.7M450.2M
Other Current Assets9.8M11.2M17.9M22.1M25.8M27.1M
Total Liab2.3B2.5B3.3B3.3B3.3B3.5B
Total Current Assets387.3M723.6M725.0M921.0M829.9M871.3M
Short Term Debt690.3M2.4M24.5M52.9M40.2M45.5M
Accounts Payable184.8M355.5M588.8M560.5M569.5M598.0M
Other Liab503.0M534.2M696.8M735.0M845.2M887.5M
Other Assets50.6M62.0M187.2M192.2M221.0M232.0M
Long Term Debt714.5M1.4B1.7B1.6B1.6B1.7B
Common Stock33.3M59.0M79.4M110.0M27.5M48.4M
Intangible Assets140.3M27.9M70.4M69.4M56.3M85.7M
Net Tangible Assets1.5B1.8B1.6B2.0B2.4B2.5B
Long Term Debt Total714.5M1.4B1.7B1.6B1.9B1.1B

Caseys General Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense59.5M46.8M57.0M59.6M65.2M68.4M
Total Revenue9.2B8.7B13.0B15.1B14.9B15.6B
Gross Profit2.1B2.4B2.8B3.1B3.0B3.1B
Operating Income395.5M454.0M497.7M639.3M1.1B1.1B
Ebit395.5M454.2M497.7M647.2M721.3M757.4M
Ebitda646.6M719.4M801.3M960.3M1.1B1.1B
Cost Of Revenue7.0B6.4B10.2B12.0B11.9B12.5B
Income Before Tax342.0M407.4M440.7M587.5M656.2M689.0M
Net Income263.8M312.9M339.8M446.7M502.0M527.1M
Income Tax Expense78.2M94.5M100.9M140.8M154.2M161.9M
Tax Provision78.2M94.5M100.9M140.8M154.2M92.5M
Net Interest Income(53.4M)(46.7M)(57.0M)(51.8M)(53.4M)(56.1M)

Caseys General Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Caseys General Stores. It measures of how well Caseys is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Caseys General brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Caseys had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Caseys General has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory37.7M(50.3M)(76.7M)24.1M(51.8M)(49.2M)
Change In Cash15.0M258.3M(177.7M)220.0M(172.4M)(163.8M)
Free Cash Flow65.3M362.8M462.3M405.4M370.9M389.5M
Depreciation251.2M265.2M303.5M313.1M349.8M367.3M
Other Non Cash Items3.5M11.3M1.3M8.7M20.0M21.0M
Capital Expenditures439.0M441.3M326.5M476.6M522.0M548.1M
Net Income263.8M312.9M339.8M446.7M502.0M527.1M
End Period Cash Flow78.3M336.5M158.9M378.9M206.5M216.8M
Dividends Paid46.0M48.0M51.2M55.6M62.9M66.1M
Change To Netincome62.5M45.8M119.5M81.6M93.8M50.0M
Change Receivables(10.6M)(26.3M)(33.0M)(12.5M)(11.3M)(11.8M)
Net Borrowings27.5M(41.7M)261.5M(44.9M)(40.4M)(38.4M)
Investments(466.6M)(444.3M)(1.2B)(545.0M)(825.4M)(866.6M)

Caseys Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Caseys General's current stock value. Our valuation model uses many indicators to compare Caseys General value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Caseys General competition to find correlations between indicators driving Caseys General's intrinsic value. More Info.
Caseys General Stores is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.43  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Caseys General Stores is roughly  2.35 . At this time, Caseys General's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Caseys General's earnings, one of the primary drivers of an investment's value.

Caseys General Stores Systematic Risk

Caseys General's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Caseys General volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Caseys General Stores correlated with the market. If Beta is less than 0 Caseys General generally moves in the opposite direction as compared to the market. If Caseys General Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Caseys General Stores is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Caseys General is generally in the same direction as the market. If Beta > 1 Caseys General moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Caseys General Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Caseys General's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Caseys General growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.6

At this time, Caseys General's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Caseys General November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Caseys General help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Caseys General Stores. We use our internally-developed statistical techniques to arrive at the intrinsic value of Caseys General Stores based on widely used predictive technical indicators. In general, we focus on analyzing Caseys Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Caseys General's daily price indicators and compare them against related drivers.

Additional Tools for Caseys Stock Analysis

When running Caseys General's price analysis, check to measure Caseys General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Caseys General is operating at the current time. Most of Caseys General's value examination focuses on studying past and present price action to predict the probability of Caseys General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caseys General's price. Additionally, you may evaluate how the addition of Caseys General to your portfolios can decrease your overall portfolio volatility.