Caseys Capital Stock vs Current Deferred Revenue Analysis

CASY Stock

USD 333.93 3.75 1.11%

Caseys General financial indicator trend analysis is way more than just evaluating Caseys General Stores prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caseys General Stores is a good investment. Please check the relationship between Caseys General Capital Stock and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caseys General Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caseys General Stores Capital Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Caseys General's Capital Stock and Current Deferred Revenue is 0.72. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Caseys General Stores, assuming nothing else is changed. The correlation between historical values of Caseys General's Capital Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Caseys General Stores are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Stock i.e., Caseys General's Capital Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Caseys General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caseys General Stores current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caseys General Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

At this time, Caseys General's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.14 in 2024, whereas Tax Provision is likely to drop slightly above 83.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.8B	3.1B	3.5B	3.7B
Total Revenue	13.0B	15.1B	17.4B	18.2B

Gross Profit Total Revenue

Caseys General fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Other Liab	Other Assets	Long Term Debt
Total Assets		0.98	0.97	0.93	0.99	0.99	0.91	0.99	0.87	1.0	0.94	0.87	0.97	-0.83	0.98	0.98	0.77	-0.36	0.99	0.98	0.97	0.1	0.95	0.94	0.92	0.95
Short Long Term Debt Total	0.98		0.93	0.94	0.95	0.99	0.97	0.96	0.78	0.98	0.87	0.78	0.93	-0.88	0.96	0.97	0.7	-0.26	0.99	0.93	0.91	0.19	0.91	0.9	0.85	0.95
Other Current Liab	0.97	0.93		0.91	0.98	0.96	0.85	0.98	0.89	0.97	0.93	0.89	0.93	-0.79	0.93	0.94	0.73	-0.36	0.95	0.94	0.95	0.13	0.89	0.91	0.9	0.9
Total Current Liabilities	0.93	0.94	0.91		0.92	0.94	0.91	0.93	0.73	0.94	0.87	0.73	0.87	-0.82	0.85	0.89	0.69	-0.49	0.93	0.9	0.85	0.44	0.81	0.86	0.84	0.8
Total Stockholder Equity	0.99	0.95	0.98	0.92		0.98	0.87	1.0	0.9	0.99	0.95	0.9	0.97	-0.78	0.96	0.96	0.76	-0.41	0.98	0.98	0.97	0.1	0.93	0.95	0.94	0.93
Property Plant And Equipment Net	0.99	0.99	0.96	0.94	0.98		0.94	0.98	0.82	1.0	0.89	0.82	0.95	-0.85	0.97	0.97	0.7	-0.28	0.99	0.95	0.93	0.17	0.92	0.94	0.87	0.94
Net Debt	0.91	0.97	0.85	0.91	0.87	0.94		0.88	0.61	0.92	0.77	0.61	0.86	-0.87	0.9	0.91	0.59	-0.19	0.94	0.85	0.79	0.28	0.83	0.85	0.75	0.89
Retained Earnings	0.99	0.96	0.98	0.93	1.0	0.98	0.88		0.89	0.99	0.95	0.89	0.97	-0.79	0.96	0.96	0.75	-0.4	0.98	0.98	0.97	0.11	0.93	0.95	0.93	0.93
Cash	0.87	0.78	0.89	0.73	0.9	0.82	0.61	0.89		0.85	0.88	1.0	0.85	-0.66	0.84	0.83	0.79	-0.37	0.84	0.87	0.96	-0.11	0.85	0.77	0.87	0.83
Non Current Assets Total	1.0	0.98	0.97	0.94	0.99	1.0	0.92	0.99	0.85		0.93	0.85	0.97	-0.83	0.97	0.98	0.75	-0.35	1.0	0.97	0.95	0.13	0.94	0.94	0.91	0.95
Non Currrent Assets Other	0.94	0.87	0.93	0.87	0.95	0.89	0.77	0.95	0.88	0.93		0.88	0.96	-0.68	0.89	0.92	0.81	-0.61	0.92	0.98	0.95	0.03	0.93	0.86	1.0	0.88
Cash And Short Term Investments	0.87	0.78	0.89	0.73	0.9	0.82	0.61	0.89	1.0	0.85	0.88		0.85	-0.66	0.84	0.83	0.79	-0.37	0.84	0.87	0.96	-0.11	0.85	0.77	0.87	0.83
Net Receivables	0.97	0.93	0.93	0.87	0.97	0.95	0.86	0.97	0.85	0.97	0.96	0.85		-0.75	0.96	0.96	0.78	-0.43	0.97	0.98	0.96	-0.03	0.97	0.9	0.96	0.96
Common Stock Shares Outstanding	-0.83	-0.88	-0.79	-0.82	-0.78	-0.85	-0.87	-0.79	-0.66	-0.83	-0.68	-0.66	-0.75		-0.84	-0.86	-0.68	0.1	-0.86	-0.76	-0.78	-0.21	-0.77	-0.69	-0.66	-0.81
Non Current Liabilities Total	0.98	0.96	0.93	0.85	0.96	0.97	0.9	0.96	0.84	0.97	0.89	0.84	0.96	-0.84		0.99	0.77	-0.23	0.99	0.95	0.96	-0.06	0.97	0.9	0.89	0.99
Inventory	0.98	0.97	0.94	0.89	0.96	0.97	0.91	0.96	0.83	0.98	0.92	0.83	0.96	-0.86	0.99		0.8	-0.32	0.99	0.96	0.95	0.02	0.97	0.88	0.91	0.97
Other Current Assets	0.77	0.7	0.73	0.69	0.76	0.7	0.59	0.75	0.79	0.75	0.81	0.79	0.78	-0.68	0.77	0.8		-0.51	0.77	0.81	0.83	-0.08	0.81	0.62	0.83	0.73
Other Stockholder Equity	-0.36	-0.26	-0.36	-0.49	-0.41	-0.28	-0.19	-0.4	-0.37	-0.35	-0.61	-0.37	-0.43	0.1	-0.23	-0.32	-0.51		-0.32	-0.5	-0.38	-0.3	-0.35	-0.3	-0.62	-0.19
Total Liab	0.99	0.99	0.95	0.93	0.98	0.99	0.94	0.98	0.84	1.0	0.92	0.84	0.97	-0.86	0.99	0.99	0.77	-0.32		0.97	0.95	0.1	0.95	0.92	0.9	0.96
Property Plant And Equipment Gross	0.98	0.93	0.94	0.9	0.98	0.95	0.85	0.98	0.87	0.97	0.98	0.87	0.98	-0.76	0.95	0.96	0.81	-0.5	0.97		0.97	0.03	0.97	0.91	0.98	0.93
Total Current Assets	0.97	0.91	0.95	0.85	0.97	0.93	0.79	0.97	0.96	0.95	0.95	0.96	0.96	-0.78	0.96	0.95	0.83	-0.38	0.95	0.97		-0.05	0.96	0.87	0.94	0.94
Short Term Debt	0.1	0.19	0.13	0.44	0.1	0.17	0.28	0.11	-0.11	0.13	0.03	-0.11	-0.03	-0.21	-0.06	0.02	-0.08	-0.3	0.1	0.03	-0.05		-0.16	0.12	-0.02	-0.14
Accounts Payable	0.95	0.91	0.89	0.81	0.93	0.92	0.83	0.93	0.85	0.94	0.93	0.85	0.97	-0.77	0.97	0.97	0.81	-0.35	0.95	0.97	0.96	-0.16		0.86	0.94	0.97
Other Liab	0.94	0.9	0.91	0.86	0.95	0.94	0.85	0.95	0.77	0.94	0.86	0.77	0.9	-0.69	0.9	0.88	0.62	-0.3	0.92	0.91	0.87	0.12	0.86		0.85	0.87
Other Assets	0.92	0.85	0.9	0.84	0.94	0.87	0.75	0.93	0.87	0.91	1.0	0.87	0.96	-0.66	0.89	0.91	0.83	-0.62	0.9	0.98	0.94	-0.02	0.94	0.85		0.87
Long Term Debt	0.95	0.95	0.9	0.8	0.93	0.94	0.89	0.93	0.83	0.95	0.88	0.83	0.96	-0.81	0.99	0.97	0.73	-0.19	0.96	0.93	0.94	-0.14	0.97	0.87	0.87

Click cells to compare fundamentals

Caseys General Account Relationship Matchups

Caseys General fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	4.5B	5.5B	5.9B	6.8B	7.2B
Short Long Term Debt Total	1.4B	1.4B	1.7B	1.7B	1.9B	2.0B
Other Current Liab	188.3M	254.9M	249.9M	258.2M	296.9M	311.7M
Total Current Liabilities	1.1B	612.7M	904.7M	927.1M	1.1B	1.1B
Total Stockholder Equity	1.6B	1.9B	2.2B	2.7B	3.1B	3.2B
Property Plant And Equipment Net	3.3B	3.5B	4.0B	4.2B	4.8B	5.1B
Net Debt	1.3B	1.0B	1.5B	1.3B	1.5B	1.6B
Retained Earnings	1.6B	1.9B	2.2B	2.6B	2.9B	3.1B
Cash	78.3M	336.5M	158.9M	378.9M	435.7M	457.5M
Non Current Assets Total	3.6B	3.7B	4.8B	5.0B	5.8B	6.1B
Non Currrent Assets Other	71.8M	82.1M	187.2M	192.2M	221.0M	232.0M
Cash And Short Term Investments	78.3M	336.5M	158.9M	378.9M	435.7M	457.5M
Net Receivables	63.2M	89.3M	152.1M	143.9M	165.5M	173.8M
Common Stock Shares Outstanding	37.2M	37.4M	37.4M	37.5M	33.8M	36.4M
Liabilities And Stockholders Equity	3.9B	4.5B	5.5B	5.9B	6.8B	7.2B
Non Current Liabilities Total	1.2B	1.9B	2.4B	2.4B	2.7B	2.8B
Inventory	236.0M	286.6M	396.2M	376.1M	432.5M	454.1M
Other Current Assets	9.8M	11.2M	17.9M	22.1M	25.4M	26.7M
Total Liab	2.3B	2.5B	3.3B	3.3B	3.8B	4.0B
Property Plant And Equipment Gross	3.3B	3.5B	6.4B	6.8B	7.9B	8.3B
Total Current Assets	387.3M	723.6M	725.0M	921.0M	1.1B	1.1B
Short Term Debt	690.3M	2.4M	24.5M	52.9M	60.8M	45.5M
Accounts Payable	184.8M	355.5M	588.8M	560.5M	644.6M	676.9M
Other Liab	503.0M	534.2M	696.8M	735.0M	845.2M	887.5M
Other Assets	50.6M	62.0M	187.2M	192.2M	221.0M	232.0M
Long Term Debt	714.5M	1.4B	1.7B	1.6B	1.9B	2.0B
Common Stock Total Equity	33.3M	59.0M	79.4M	110.0M	126.5M	132.9M
Common Stock	33.3M	59.0M	79.4M	110.0M	126.5M	132.9M
Property Plant Equipment	3.3B	3.5B	4.0B	6.7B	7.7B	8.1B
Intangible Assets	140.3M	27.9M	70.4M	69.4M	79.9M	87.1M
Net Tangible Assets	1.5B	1.8B	1.6B	2.0B	2.4B	2.5B
Retained Earnings Total Equity	1.6B	1.9B	2.2B	2.6B	2.9B	3.1B
Long Term Debt Total	714.5M	1.4B	1.7B	1.6B	1.9B	1.1B
Deferred Long Term Liab	449.2M	454.8M	533.2M	543.6M	625.1M	433.0M
Non Current Liabilities Other	73.6M	72.4M	135.6M	159.1M	182.9M	192.1M
Accumulated Depreciation	(1.8B)	(2.0B)	(2.2B)	(2.4B)	(2.2B)	(2.1B)

Caseys General Investors Sentiment

The influence of Caseys General's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Caseys. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Caseys General's public news can be used to forecast risks associated with an investment in Caseys. The trend in average sentiment can be used to explain how an investor holding Caseys can time the market purely based on public headlines and social activities around Caseys General Stores. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Caseys General's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Caseys General's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Caseys General's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Caseys General.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Caseys General in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Caseys General's short interest history, or implied volatility extrapolated from Caseys General options trading.

Pair Trading with Caseys General

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Caseys General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Caseys General will appreciate offsetting losses from the drop in the long position's value.

Moving together with Caseys Stock

0.79	BJ	BJs Wholesale Club Financial Report 28th of May 2024	Pair Corr
0.7	KR	Kroger Company Financial Report 20th of June 2024	Pair Corr

Moving against Caseys Stock

0.76	WNW	Meiwu Technology	Pair Corr
0.76	HFFG	Hf Foods Group	Pair Corr
0.73	WBA	Walgreens Boots Alliance Aggressive Push	Pair Corr
0.72	DLTR	Dollar Tree Earnings Call This Week	Pair Corr
0.7	MSS	Maison Solutions	Pair Corr

The ability to find closely correlated positions to Caseys General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caseys General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caseys General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caseys General Stores to buy it.

The correlation of Caseys General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caseys General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caseys General Stores moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Caseys General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Caseys General Stores offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Caseys General's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Caseys General Stores Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Caseys General Stores Stock:

How To Invest In Caseys

Details

Is Caseys Stock a good investment?

Details

What is Caseys General's Net Worth?

Details

Largest Consumer Staples Distribution & Retail Companies

View

Largest Consumer Cyclical Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caseys General Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary 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.

	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency

Is Caseys General's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caseys General. If investors know Caseys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caseys General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.13)

Dividend Share

1.67

Earnings Share

12.56

Revenue Per Share

391.946

Quarterly Revenue Growth

(0)

The market value of Caseys General Stores is measured differently than its book value, which is the value of Caseys that is recorded on the company's balance sheet. Investors also form their own opinion of Caseys General's value that differs from its market value or its book value, called intrinsic value, which is Caseys General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caseys General's market value can be influenced by many factors that don't directly affect Caseys General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Caseys General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caseys General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caseys General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Caseys Capital Stock vs Current Deferred Revenue Analysis

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Capital Stock

Current Deferred Revenue

Caseys General fundamental ratios Correlations

Caseys General Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Caseys General fundamental ratios Accounts

Caseys General Investors Sentiment

Pair Trading with Caseys General

Moving together with Caseys Stock

Moving against Caseys Stock

Complementary Tools for Caseys Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total
Other Assets	+ 1.0	Non Currrent Assets Other

Common Stock Shares Outstanding	- 0.88	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.87	Net Debt
Total Liab	- 0.86	Common Stock Shares Outstanding
Inventory	- 0.86	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Property Plant And Equipment Net
Non Current Liabilities Total	- 0.84	Common Stock Shares Outstanding