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Casey's General StoresFRA:CS2 -2.90%78 Cash-to-Debt is 0.18 as of Apr. 2026, which is 80% above its 10-year median of 0.10. GuruFocus rates FRA:CS2 with a GF Score™ of 78/100 and a GF Value™ of €420.45 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Casey's General Stores ranks worse than 71.26% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Casey's General Stores's cash to debt ratio for the quarter that ended in Apr. 2026 was 0.18.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Casey's General Storescouldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2026.
The historical rank and industry rank for Casey's General Stores's Cash-to-Debt or its related term are showing as below:
FRA:CS2'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.25
Current: 0.18
During the past 13 years, Casey's General Stores's highest Cash to Debt Ratio was 0.25. The lowest was 0.04. And the median was 0.10.
FRA:CS2's Cash-to-Debt is ranked worse than 71.26% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 0.47
vs FRA:CS2: 0.18
Casey's General Stores (FRA:CS2) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Casey's General Stores Cash-to-Debt Related Terms
Casey's General Stores Cash-to-Debt Historical Data
* 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FRA:CS2 vs WSM, ULTA, DKS: Cash-to-Debt Comparison
For the Specialty Retail subindustry, Casey's General Stores's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
Casey's General Stores Cash-to-Debt vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Casey's General Stores's Cash-to-Debt falls into.
* 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.
Casey's General Stores (FRA:CS2) has a Cash-to-Debt of 0.18 as of Apr. 2026. This is 80% above median its historical median of 0.10. Over the past decade, Casey's General Stores' Cash-to-Debt has ranged from 0.04 to 0.25. According to the industry distribution chart, Casey's General Stores ranks #796 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 71.3%.
Is Casey's General Stores' Cash-to-Debt too high?
Casey's General Stores' current Cash-to-Debt of 0.18 is 80% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.25. The Retail - Cyclical industry median Cash-to-Debt is 0.47. Casey's General Stores' value of 0.18 is 61.7% below this industry median. Based on the distribution chart, Casey's General Stores ranks #796 out of 1117 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Casey's General Stores has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' Cash-to-Debt compare to WSM and ULTA?
According to the Retail - Cyclical industry distribution chart, Casey's General Stores ranks #796 out of 1117 companies for Cash-to-Debt. This places Casey's General Stores in the lower half of its industry. The industry median Cash-to-Debt is 0.47. Casey's General Stores' value of 0.18 is 61.7% below this benchmark. Historically, Casey's General Stores' own Cash-to-Debt has ranged from 0.04 to 0.25 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.47, Casey's General Stores has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Retail - Cyclical company?
The median Cash-to-Debt among Retail - Cyclical companies is 0.47, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Casey's General Stores's current Cash-to-Debt of 0.18 is 61.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median Cash-to-Debt is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Casey's General Stores's current Cash-to-Debt is 0.18, which is 80% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (FRA:CS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €420.45, compared to a current price of €709.20 — trading 68.7% above its estimated fair value. The current Cash-to-Debt is 0.18, which is 80% above median its 10-year median of 0.10 and 61.7% below the Retail - Cyclical industry median of 0.47. Casey's General Stores' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Casey's General Stores (FRA:CS2), the current Cash-to-Debt is 0.18 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Casey's General Stores (FRA:CS2) Overvalued in 2026?
Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued.
The current stock price of €709.20 is trading 68.7% above its estimated GF Value™ of €420.45.
GuruFocus considers Casey's General Stores to be Significantly Overvalued.
Key valuation signals for FRA:CS2:
Cash-to-Debt: 0.18 (80% above median its 10-year median of 0.10)
GF Value™: €420.45 vs. price of €709.20 (68.7% above fair value)
Industry Position: 61.7% below the Retail - Cyclical median (#796 of 1117)
No single metric tells the full story. See the FRA:CS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
78GF Score
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