Caseys Other Liab from 2010 to 2024

CASY Stock  USD 316.58  2.08  0.65%   
Caseys General Other Liabilities yearly trend continues to be fairly stable with very little volatility. Other Liabilities is likely to outpace its year average in 2024. During the period from 2010 to 2024, Caseys General Other Liabilities regression line of annual values had r-squared of  0.92 and arithmetic mean of  432,101,556. View All Fundamentals
 
Other Liabilities  
First Reported
2000-01-31
Previous Quarter
735 M
Current Value
753.5 M
Quarterly Volatility
239.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Caseys General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caseys main balance sheet or income statement drivers, such as Depreciation And Amortization of 378.1 M, Interest Expense of 62.6 M or Selling General Administrative of 1.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0063 or PTB Ratio of 2.09. Caseys financial statements analysis is a perfect complement when working with Caseys General Valuation or Volatility modules.
  
This module can also supplement Caseys General's financial leverage analysis and stock options assessment as well as various Caseys General Technical models . Check out the analysis of Caseys General Correlation against competitors.

Latest Caseys General's Other Liab Growth Pattern

Below is the plot of the Other Liab of Caseys General Stores over the last few years. It is Caseys General's Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Caseys General's overall financial position and show how it may be relating to other accounts over time.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

Caseys Other Liab Regression Statistics

Arithmetic Mean432,101,556
Geometric Mean230,413,345
Coefficient Of Variation68.17
Mean Deviation225,086,445
Median448,400,000
Standard Deviation294,579,641
Sample Variance86777.2T
Range883.9M
R-Value0.96
Mean Square Error7398.8T
R-Squared0.92
Slope63,208,727
Total Sum of Squares1214880.3T

Caseys Other Liab History

2024887.5 M
2023845.2 M
2022735 M
2021696.8 M
2020534.2 M
2019503 M
2018448.4 M

About Caseys General Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Caseys General income statement, its balance sheet, and the statement of cash flows. Caseys General investors use historical funamental indicators, such as Caseys General's Other Liab, to determine how well the company is positioned to perform in the future. Although Caseys General investors may use each financial statement separately, they are all related. The changes in Caseys General's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Caseys General's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Caseys General Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Caseys General. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Liabilities845.2 M887.5 M

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.

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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 CorrelationCorrelation 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:
Check out the analysis of Caseys General Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.
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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
12.59
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.