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Cass Information Systems (Cass Information Systems) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Cass Information Systems Debt-to-Equity?

Cass Information Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Cass Information Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Cass Information Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $229.8 Mil. Cass Information Systems's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cass Information Systems's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Cass Information Systems was 0.07. The lowest was 0.07. And the median was 0.07.

CASS's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.395
* Ranked among companies with meaningful Debt-to-Equity only.

Cass Information Systems Debt-to-Equity Historical Data

The historical data trend for Cass Information Systems's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cass Information Systems Debt-to-Equity Chart

Cass Information Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 - - - -

Cass Information Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Cass Information Systems's Debt-to-Equity

For the Specialty Business Services subindustry, Cass Information Systems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cass Information Systems's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cass Information Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cass Information Systems's Debt-to-Equity falls into.



Cass Information Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cass Information Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Cass Information Systems's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cass Information Systems  (NAS:CASS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cass Information Systems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cass Information Systems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Cass Information Systems (Cass Information Systems) Business Description

Traded in Other Exchanges
Address
12444 Powerscourt Drive, Suite 550, St. Louis, MO, USA, 63131
Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment.
Executives
Martin H. Resch officer: President & CEO 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Frank Wicks director 3050 SPRUCE STREET, ST LOUIS MO 63103
James J Lindemann director 13001 HOLLENBERG DRIVE, BRIDGETON MO 63044
Randall L Schilling director 13001 HOLLENBERG DRIVE, BRIDGETON MO 63044
Ralph W Clermont director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Joseph D Rupp director QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Michael James Normile officer: CFO 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Ann Walter Marr director 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Wendy J. Henry director 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Gary B Langfitt officer: COO-Utility Info Services 13001 HOLLENBERG DR, BRIDGETON MO 63044
Matthew Steven Schuckman officer: Executive Vice President 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Sally H Roth director 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Dwight D Erdbruegger officer: President 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131
Robert J Mathias officer: President, Cass Bank ACKRUTI, MIDC CROSS ROAD NO. 21, ANDHERI(E) MUMBAI K7 400093
Cavellier James M Jr officer: CIO 12444 POWERSCOURT DRIVE, SUITE 550, ST. LOUIS MO 63131