The historical rank and industry rank for Casey's General Stores's Equity-to-Asset or its related term are showing as below:
CASY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.41 Max: 0.48
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of Casey's General Stores was 0.48. The lowest was 0.37. And the median was 0.41.
CASY's Equity-to-Asset is ranked worse than 50.13% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs CASY: 0.43
Casey's General Stores Equity-to-Asset Historical Data
The historical data trend for Casey's General Stores's Equity-to-Asset 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.
Competitive Comparison of Casey's General Stores's Equity-to-Asset
For the Specialty Retail subindustry, Casey's General Stores's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Casey's General Stores's Equity-to-Asset falls into.
Casey's General Stores Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Casey's General Stores's Equity to Asset Ratio for the fiscal year that ended in Apr. 2025 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.
Casey's General Stores (NAS:CASY) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Casey's General Stores Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Casey's General Stores's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Casey's serves as the nation's third-largest convenience store chain with its 2,900 locations primarily 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 most of its warehousing and distribution processes internally.
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