Casey's General Stores (FRA:CS2) Liabilities-to-Assets : 0.56 (As of Apr. 2026)

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FRA:CS2 Casey's General Stores Inc FRA:CS2
78 GF Score
Price €716.00
GF Value €404.71
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Casey's General Stores Liabilities-to-Assets?

Casey's General Stores FRA:CS2 +2.52% 78 Liabilities-to-Assets is 0.56 as of Apr. 2026. GuruFocus rates FRA:CS2 with a GF Score™ of 78/100 and a GF Value™ of €404.71 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Casey's General Stores's Total Liabilities for the quarter that ended in Apr. 2026 was €4,262 Mil. Casey's General Stores's Total Assets for the quarter that ended in Apr. 2026 was €7,640 Mil. Therefore, Casey's General Stores's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2026 was 0.56.


Casey's General Stores  (FRA:CS2) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Casey's General Stores Liabilities-to-Assets Related Terms


Casey's General Stores Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Casey's General Stores's Liabilities-to-Assets 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.

Casey's General Stores Liabilities-to-Assets Chart

Casey's General Stores Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.55 0.53 0.57 0.56

Casey's General Stores Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Liabilities-to-Assets 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 0.57 0.57 0.56 0.55 0.56

FRA:CS2 vs WSM, DKS, ULTA: Liabilities-to-Assets Comparison

For the Specialty Retail subindustry, Casey's General Stores's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Casey's General Stores's Liabilities-to-Assets falls into.


FRA:CS2
78GF Score
Casey's General Stores Inc FRA:CS2
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Casey's General Stores Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Casey's General Stores's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2026 is calculated as:

Liabilities-to-Assets (A: Apr. 2026 )=Total Liabilities/Total Assets
=4261.607/7640.327
=0.56

Casey's General Stores's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2026 is calculated as

Liabilities-to-Assets (Q: Apr. 2026 )=Total Liabilities/Total Assets
=4261.607/7640.327
=0.56

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.56 mean?
Casey's General Stores (FRA:CS2) has a Liabilities-to-Assets of 0.56 as of Apr. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Casey's General Stores and its competitors.
Is Casey's General Stores' Liabilities-to-Assets too high?
Casey's General Stores' current Liabilities-to-Assets is 0.56. 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' Liabilities-to-Assets compare to WSM and DKS?
Casey's General Stores' Liabilities-to-Assets of 0.56 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Retail - Cyclical company?
A good Liabilities-to-Assets depends on the Retail - Cyclical industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Casey's General Stores and its competitors. Casey's General Stores's current Liabilities-to-Assets is 0.56. 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 €404.71, compared to a current price of €716.00 — trading 76.9% above its estimated fair value. The current Liabilities-to-Assets is 0.56. Casey's General Stores' overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Casey's General Stores (FRA:CS2), the current Liabilities-to-Assets is 0.56 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 €716.00 is trading 76.9% above its estimated GF Value™ of €404.71. GuruFocus considers Casey's General Stores to be Significantly Overvalued.

Key valuation signals for FRA:CS2:

  • Liabilities-to-Assets: 0.56
  • GF Value™: €404.71 vs. price of €716.00 (76.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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 Business Description

Address One Se Convenience Boulevard, Ankeny, IA, USA, 50021
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

Get the complete analysis for FRA:CS2

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€716.00
Price
€404.71
GF Value