Caseys Gross Profit Margin vs Asset Turnover Analysis

CASY Stock

USD 435.27 5.85 1.36%

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 Gross Profit Margin and its Asset Turnover 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.

Gross Profit Margin vs Asset Turnover

Gross Profit Margin vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caseys General Stores Gross Profit Margin account and Asset Turnover. At this time, the significance of the direction appears to have pay attention.

The correlation between Caseys General's Gross Profit Margin and Asset Turnover is -0.91. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Asset Turnover 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 Gross Profit Margin and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Caseys General Stores are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Gross Profit Margin i.e., Caseys General's Gross Profit Margin and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Gross Profit Margin

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

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 2025, whereas Tax Provision is likely to drop slightly above 92.5 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	3.1B	3.0B	3.4B	3.6B
Total Revenue	15.1B	14.9B	17.1B	17.9B

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	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Other Liab	Other Assets	Long Term Debt	Common Stock Total Equity
Total Assets		0.98	0.99	0.94	0.99	0.99	0.94	0.99	0.76	1.0	0.75	0.76	0.98	-0.82	0.98	0.99	0.82	0.99	0.98	0.97	0.06	0.96	0.94	0.94	0.95	0.81
Short Long Term Debt Total	0.98		0.95	0.95	0.95	0.98	0.99	0.95	0.7	0.98	0.73	0.7	0.93	-0.88	0.97	0.97	0.75	0.99	0.93	0.93	0.15	0.92	0.91	0.87	0.95	0.67
Other Current Liab	0.99	0.95		0.94	0.99	0.98	0.91	0.99	0.79	0.99	0.76	0.79	0.96	-0.79	0.94	0.97	0.83	0.97	0.97	0.97	0.1	0.93	0.93	0.94	0.91	0.84
Total Current Liabilities	0.94	0.95	0.94		0.92	0.94	0.94	0.92	0.65	0.94	0.74	0.65	0.88	-0.82	0.87	0.9	0.74	0.94	0.91	0.87	0.4	0.83	0.87	0.86	0.82	0.69
Total Stockholder Equity	0.99	0.95	0.99	0.92		0.99	0.91	1.0	0.77	0.99	0.72	0.77	0.98	-0.77	0.95	0.97	0.83	0.97	0.99	0.97	0.05	0.94	0.94	0.95	0.92	0.85
Property Plant And Equipment Net	0.99	0.98	0.98	0.94	0.99		0.96	0.99	0.73	1.0	0.7	0.73	0.96	-0.84	0.97	0.98	0.79	0.99	0.96	0.95	0.11	0.93	0.94	0.9	0.94	0.77
Net Debt	0.94	0.99	0.91	0.94	0.91	0.96		0.91	0.57	0.95	0.67	0.57	0.91	-0.88	0.94	0.94	0.72	0.96	0.9	0.86	0.21	0.88	0.88	0.82	0.92	0.6
Retained Earnings	0.99	0.95	0.99	0.92	1.0	0.99	0.91		0.76	0.99	0.71	0.76	0.98	-0.78	0.95	0.97	0.83	0.97	0.99	0.96	0.05	0.94	0.93	0.94	0.92	0.84
Cash	0.76	0.7	0.79	0.65	0.77	0.73	0.57	0.76		0.74	0.75	1.0	0.73	-0.56	0.76	0.72	0.64	0.75	0.73	0.88	-0.13	0.74	0.69	0.74	0.75	0.73
Non Current Assets Total	1.0	0.98	0.99	0.94	0.99	1.0	0.95	0.99	0.74		0.74	0.74	0.97	-0.82	0.97	0.98	0.82	0.99	0.98	0.96	0.08	0.95	0.94	0.93	0.94	0.8
Non Currrent Assets Other	0.75	0.73	0.76	0.74	0.72	0.7	0.67	0.71	0.75	0.74		0.75	0.74	-0.52	0.74	0.71	0.55	0.76	0.75	0.78	0.08	0.76	0.73	0.81	0.74	0.62
Cash And Short Term Investments	0.76	0.7	0.79	0.65	0.77	0.73	0.57	0.76	1.0	0.74	0.75		0.73	-0.56	0.76	0.72	0.64	0.75	0.73	0.88	-0.13	0.74	0.69	0.74	0.75	0.73
Net Receivables	0.98	0.93	0.96	0.88	0.98	0.96	0.91	0.98	0.73	0.97	0.74	0.73		-0.75	0.96	0.97	0.85	0.96	0.99	0.95	-0.06	0.97	0.9	0.97	0.94	0.82
Common Stock Shares Outstanding	-0.82	-0.88	-0.79	-0.82	-0.77	-0.84	-0.88	-0.78	-0.56	-0.82	-0.52	-0.56	-0.75		-0.84	-0.85	-0.69	-0.86	-0.75	-0.77	-0.19	-0.76	-0.69	-0.65	-0.81	-0.47
Non Current Liabilities Total	0.98	0.97	0.94	0.87	0.95	0.97	0.94	0.95	0.76	0.97	0.74	0.76	0.96	-0.84		0.98	0.8	0.99	0.95	0.96	-0.08	0.98	0.91	0.9	0.99	0.75
Inventory	0.99	0.97	0.97	0.9	0.97	0.98	0.94	0.97	0.72	0.98	0.71	0.72	0.97	-0.85	0.98		0.86	0.99	0.98	0.96	-0.02	0.98	0.89	0.93	0.96	0.79
Other Current Assets	0.82	0.75	0.83	0.74	0.83	0.79	0.72	0.83	0.64	0.82	0.55	0.64	0.85	-0.69	0.8	0.86		0.8	0.87	0.84	-0.11	0.85	0.68	0.86	0.75	0.8
Total Liab	0.99	0.99	0.97	0.94	0.97	0.99	0.96	0.97	0.75	0.99	0.76	0.75	0.96	-0.86	0.99	0.99	0.8		0.96	0.96	0.07	0.96	0.92	0.91	0.96	0.75
Property Plant And Equipment Gross	0.98	0.93	0.97	0.91	0.99	0.96	0.9	0.99	0.73	0.98	0.75	0.73	0.99	-0.75	0.95	0.98	0.87	0.96		0.96	0.0	0.97	0.91	0.98	0.92	0.86
Total Current Assets	0.97	0.93	0.97	0.87	0.97	0.95	0.86	0.96	0.88	0.96	0.78	0.88	0.95	-0.77	0.96	0.96	0.84	0.96	0.96		-0.07	0.96	0.88	0.94	0.94	0.84
Short Term Debt	0.06	0.15	0.1	0.4	0.05	0.11	0.21	0.05	-0.13	0.08	0.08	-0.13	-0.06	-0.19	-0.08	-0.02	-0.11	0.07	0.0	-0.07		-0.18	0.09	-0.05	-0.15	-0.16
Accounts Payable	0.96	0.92	0.93	0.83	0.94	0.93	0.88	0.94	0.74	0.95	0.76	0.74	0.97	-0.76	0.98	0.98	0.85	0.96	0.97	0.96	-0.18		0.87	0.95	0.97	0.8
Other Liab	0.94	0.91	0.93	0.87	0.94	0.94	0.88	0.93	0.69	0.94	0.73	0.69	0.9	-0.69	0.91	0.89	0.68	0.92	0.91	0.88	0.09	0.87		0.86	0.88	0.79
Other Assets	0.94	0.87	0.94	0.86	0.95	0.9	0.82	0.94	0.74	0.93	0.81	0.74	0.97	-0.65	0.9	0.93	0.86	0.91	0.98	0.94	-0.05	0.95	0.86		0.87	0.88
Long Term Debt	0.95	0.95	0.91	0.82	0.92	0.94	0.92	0.92	0.75	0.94	0.74	0.75	0.94	-0.81	0.99	0.96	0.75	0.96	0.92	0.94	-0.15	0.97	0.88	0.87		0.7
Common Stock Total Equity	0.81	0.67	0.84	0.69	0.85	0.77	0.6	0.84	0.73	0.8	0.62	0.73	0.82	-0.47	0.75	0.79	0.8	0.75	0.86	0.84	-0.16	0.8	0.79	0.88	0.7

Click cells to compare fundamentals

Caseys General Account Relationship Matchups

Caseys General fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.5B	5.5B	5.9B	6.3B	7.3B	7.7B
Short Long Term Debt Total	1.4B	1.7B	1.7B	1.8B	2.0B	2.1B
Other Current Liab	215.5M	243.9M	262.6M	289.7M	333.1M	349.8M
Total Current Liabilities	612.7M	904.7M	927.1M	953.5M	1.1B	1.2B
Total Stockholder Equity	1.9B	2.2B	2.7B	3.0B	3.5B	3.6B
Property Plant And Equipment Net	3.5B	4.0B	4.2B	4.8B	5.5B	5.8B
Net Debt	1.0B	1.5B	1.3B	1.5B	1.8B	1.9B
Retained Earnings	1.9B	2.2B	2.6B	3.0B	3.4B	3.6B
Cash	336.5M	158.9M	378.9M	206.5M	237.5M	249.3M
Non Current Assets Total	3.7B	4.8B	5.0B	5.5B	6.3B	6.7B
Non Currrent Assets Other	82.1M	187.2M	192.2M	79.7M	91.7M	96.3M
Cash And Short Term Investments	336.5M	158.9M	378.9M	206.5M	237.5M	249.3M
Net Receivables	89.3M	152.1M	143.9M	168.9M	194.2M	203.9M
Common Stock Shares Outstanding	37.4M	37.4M	37.5M	37.4M	33.6M	36.2M
Liabilities And Stockholders Equity	4.5B	5.5B	5.9B	6.3B	7.3B	7.7B
Non Current Liabilities Total	1.9B	2.4B	2.4B	2.4B	2.7B	2.9B
Inventory	286.6M	396.2M	376.1M	428.7M	493.0M	517.7M
Other Current Assets	11.2M	17.9M	22.1M	25.8M	29.7M	31.1M
Total Liab	2.5B	3.3B	3.3B	3.3B	3.8B	4.0B
Property Plant And Equipment Gross	3.5B	6.4B	6.8B	7.6B	8.7B	9.1B
Total Current Assets	723.6M	725.0M	921.0M	829.9M	954.3M	1.0B
Short Term Debt	2.4M	24.5M	52.9M	40.2M	46.3M	45.5M
Accounts Payable	355.5M	588.8M	560.5M	569.5M	655.0M	687.7M
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	1.4B	1.7B	1.6B	1.6B	1.8B	1.9B
Common Stock Total Equity	33.3M	59.0M	79.4M	110.0M	126.5M	132.9M
Common Stock	59.0M	79.4M	110.0M	27.5M	31.6M	48.4M
Property Plant Equipment	3.3B	3.5B	4.0B	6.7B	7.7B	8.1B
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	72.4M	135.6M	159.1M	168.9M	194.3M	204.0M
Accumulated Depreciation	(1.8B)	(2.0B)	(2.2B)	(2.4B)	(2.2B)	(2.1B)

Also Currently Popular

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.

V	Visa Class A
GM	General Motors
C	Citigroup

Additional 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.

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 Gross Profit Margin vs Asset Turnover Analysis

Gross Profit Margin vs Asset Turnover

Gross Profit Margin vs Asset Turnover Correlation Analysis

Correlation Coefficient

Gross Profit Margin

Asset Turnover

Caseys General fundamental ratios Correlations

Caseys General Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Caseys General fundamental ratios Accounts

Also Currently Popular

Additional 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
Other Current Liab	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets

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