Caseys Inventory vs Short Long Term Debt Total Analysis

CASY Stock  USD 412.85  0.52  0.13%   
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 Inventory and its Short Long Term Debt Total 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 closely tied with the direction of predictive economic indicators such as signals in state.

Inventory vs Short Long Term Debt Total

Inventory vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caseys General Stores Inventory account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Caseys General's Inventory and Short Long Term Debt Total is 0.96. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Long Term Debt Total 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 Inventory and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Caseys General Stores are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Inventory i.e., Caseys General's Inventory and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Short Long Term Debt Total

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 closely tied 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 92.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B3.1B3.0B3.1B
Total Revenue13.0B15.1B14.9B15.6B

Caseys General fundamental ratios Correlations

0.970.960.920.990.990.920.990.741.00.790.740.97-0.780.970.980.76-0.350.990.980.960.110.940.940.920.93
0.970.920.930.930.980.980.930.660.970.670.660.91-0.870.960.960.66-0.230.990.910.90.210.890.880.810.94
0.960.920.90.960.960.860.960.820.960.720.820.91-0.750.920.930.7-0.330.950.920.950.150.880.910.880.88
0.920.930.90.90.930.920.90.60.920.660.60.85-0.790.830.880.65-0.470.920.880.830.480.780.850.810.77
0.990.930.960.90.980.881.00.760.990.840.760.97-0.710.940.960.76-0.40.970.980.950.110.920.950.940.9
0.990.980.960.930.980.950.980.71.00.760.70.94-0.810.970.970.7-0.280.990.950.930.170.910.940.870.92
0.920.980.860.920.880.950.890.510.940.650.510.87-0.880.920.920.61-0.210.950.870.810.270.850.860.760.89
0.990.930.960.91.00.980.890.750.990.840.750.97-0.720.940.960.76-0.40.970.980.950.110.920.940.930.89
0.740.660.820.60.760.70.510.750.710.481.00.7-0.510.730.70.6-0.20.720.710.88-0.110.720.640.690.72
1.00.970.960.920.991.00.940.990.710.790.710.97-0.790.970.980.74-0.350.990.970.950.130.930.940.910.93
0.790.670.720.660.840.760.650.840.480.790.480.83-0.460.730.790.79-0.540.740.850.74-0.030.750.740.870.65
0.740.660.820.60.760.70.510.751.00.710.480.7-0.510.730.70.6-0.20.720.710.88-0.110.720.640.690.72
0.970.910.910.850.970.940.870.970.70.970.830.7-0.670.950.960.78-0.430.950.990.94-0.020.970.90.960.93
-0.78-0.87-0.75-0.79-0.71-0.81-0.88-0.72-0.51-0.79-0.46-0.51-0.67-0.81-0.82-0.59-0.02-0.84-0.68-0.73-0.26-0.71-0.63-0.55-0.78
0.970.960.920.830.940.970.920.940.730.970.730.730.95-0.810.990.74-0.190.980.940.95-0.060.970.890.870.98
0.980.960.930.880.960.970.920.960.70.980.790.70.96-0.820.990.8-0.310.990.960.950.020.970.880.910.95
0.760.660.70.650.760.70.610.760.60.740.790.60.78-0.590.740.8-0.510.740.810.79-0.080.790.630.830.67
-0.35-0.23-0.33-0.47-0.4-0.28-0.21-0.4-0.2-0.35-0.54-0.2-0.43-0.02-0.19-0.31-0.51-0.29-0.5-0.32-0.3-0.32-0.3-0.62-0.11
0.990.990.950.920.970.990.950.970.720.990.740.720.95-0.840.980.990.74-0.290.960.950.110.950.910.880.95
0.980.910.920.880.980.950.870.980.710.970.850.710.99-0.680.940.960.81-0.50.960.940.040.960.910.980.9
0.960.90.950.830.950.930.810.950.880.950.740.880.94-0.730.950.950.79-0.320.950.94-0.050.940.860.910.93
0.110.210.150.480.110.170.270.11-0.110.13-0.03-0.11-0.02-0.26-0.060.02-0.08-0.30.110.04-0.05-0.170.12-0.02-0.14
0.940.890.880.780.920.910.850.920.720.930.750.720.97-0.710.970.970.79-0.320.950.960.94-0.170.850.920.96
0.940.880.910.850.950.940.860.940.640.940.740.640.9-0.630.890.880.63-0.30.910.910.860.120.850.850.85
0.920.810.880.810.940.870.760.930.690.910.870.690.96-0.550.870.910.83-0.620.880.980.91-0.020.920.850.82
0.930.940.880.770.90.920.890.890.720.930.650.720.93-0.780.980.950.67-0.110.950.90.93-0.140.960.850.82
Click cells to compare fundamentals

Caseys General Account Relationship Matchups

Caseys General fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.5B5.5B5.9B6.5B6.8B
Short Long Term Debt Total1.4B1.4B1.7B1.7B1.8B1.8B
Other Current Liab188.3M254.9M249.9M258.2M268.5M282.0M
Total Current Liabilities1.1B612.7M904.7M927.1M953.5M1.0B
Total Stockholder Equity1.6B1.9B2.2B2.7B3.0B3.2B
Property Plant And Equipment Net3.3B3.5B4.0B4.2B4.8B5.0B
Net Debt1.3B1.0B1.5B1.3B1.5B1.6B
Retained Earnings1.6B1.9B2.2B2.6B3.0B3.1B
Cash78.3M336.5M158.9M378.9M206.5M216.8M
Non Current Assets Total3.6B3.7B4.8B5.0B5.6B5.9B
Non Currrent Assets Other71.8M82.1M187.2M192.2M676.6M710.4M
Cash And Short Term Investments78.3M336.5M158.9M378.9M206.5M216.8M
Net Receivables63.2M89.3M152.1M143.9M168.9M177.3M
Common Stock Shares Outstanding37.2M37.4M37.4M37.5M37.4M36.2M
Liabilities And Stockholders Equity3.9B4.5B5.5B5.9B6.5B6.8B
Non Current Liabilities Total1.2B1.9B2.4B2.4B2.5B2.6B
Inventory236.0M286.6M396.2M376.1M428.7M450.2M
Other Current Assets9.8M11.2M17.9M22.1M25.8M27.1M
Total Liab2.3B2.5B3.3B3.3B3.5B3.6B
Property Plant And Equipment Gross3.3B3.5B6.4B6.8B7.6B7.9B
Total Current Assets387.3M723.6M725.0M921.0M829.9M871.3M
Short Term Debt690.3M2.4M24.5M52.9M62.5M46.1M
Accounts Payable184.8M355.5M588.8M560.5M569.5M598.0M
Other Liab503.0M534.2M696.8M735.0M845.2M887.5M
Other Assets50.6M62.0M187.2M192.2M221.0M232.0M
Long Term Debt714.5M1.4B1.7B1.6B1.6B1.7B
Common Stock Total Equity33.3M59.0M79.4M110.0M126.5M132.9M
Common Stock33.3M59.0M79.4M110.0M27.5M48.4M
Property Plant Equipment3.3B3.5B4.0B6.7B7.7B8.1B
Intangible Assets140.3M27.9M70.4M69.4M56.3M85.7M
Net Tangible Assets1.5B1.8B1.6B2.0B2.4B2.5B
Retained Earnings Total Equity1.6B1.9B2.2B2.6B2.9B3.1B
Long Term Debt Total714.5M1.4B1.7B1.6B1.9B1.1B
Deferred Long Term Liab449.2M454.8M533.2M543.6M625.1M433.0M
Non Current Liabilities Other73.6M72.4M135.6M159.1M168.9M177.4M
Accumulated Depreciation(1.8B)(2.0B)(2.2B)(2.4B)(2.2B)(2.1B)

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