Caseys Non Currrent Assets Other vs Net Receivables Analysis
CASY Stock | USD 331.78 4.13 1.26% |
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 Non Currrent Assets Other and its Net Receivables 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.
Non Currrent Assets Other vs Net Receivables
Non Currrent Assets Other vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caseys General Stores Non Currrent Assets Other account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Caseys General's Non Currrent Assets Other and Net Receivables is 0.96. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Receivables 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 Non Currrent Assets Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Caseys General Stores are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Currrent Assets Other i.e., Caseys General's Non Currrent Assets Other and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Net Receivables
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 |
Caseys General fundamental ratios Correlations
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Caseys General Account Relationship Matchups
High Positive Relationship
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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) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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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 12.58 | 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.