Cass Information Systems annual debt-to-equity ratio
2018
2019
2021
2022
2023
2024
2025
Cass Information Systems Debt-to-Equity Ratio Growth & History (CASS)
Cass Information Systems's debt-to-equity ratio was 0.02 for fiscal 2025.
View full Cass Information Systems company overviewCass Information Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.02 | −0.01 | −42.79% |
| 2024 | 2024-12-31 | 0.03 | −0.00 | −12.08% |
| 2023 | 2023-12-31 | 0.04 | −0.01 | −19.88% |
| 2022 | 2022-12-31 | 0.05 | 0.03 | +131.56% |
| 2021 | 2021-12-31 | 0.02 | — | — |
| 2019 | 2019-12-31 | 0.10 | 0.07 | +197.55% |
| 2018 | 2018-12-31 | 0.03 | — | — |
Cass Information Systems quarterly debt-to-equity ratio
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.02 | −0.00 | −16.02% |
| Q1 2026 | 2026-03-31 | 0.02 | −0.00 | −16.69% |
| Q4 2025 | 2025-12-31 | 0.02 | −0.01 | −42.79% |
| Q3 2025 | 2025-09-30 | 0.02 | −0.01 | −40.60% |
| Q2 2025 | 2025-06-30 | 0.02 | −0.01 | −41.69% |
| Q1 2025 | 2025-03-31 | 0.02 | −0.01 | −39.97% |
| Q4 2024 | 2024-12-31 | 0.03 | −0.00 | −12.08% |
| Q3 2024 | 2024-09-30 | 0.03 | −0.01 | −23.49% |
| Q2 2024 | 2024-06-30 | 0.03 | −0.01 | −17.14% |
| Q1 2024 | 2024-03-31 | 0.04 | −0.01 | −15.81% |
| Q4 2023 | 2023-12-31 | 0.04 | −0.01 | −19.88% |
| Q3 2023 | 2023-09-30 | 0.04 | −0.01 | −16.78% |
| Q2 2023 | 2023-06-30 | 0.04 | −0.01 | −11.08% |
| Q1 2023 | 2023-03-31 | 0.04 | 0.02 | +104.43% |
| Q4 2022 | 2022-12-31 | 0.05 | 0.03 | +131.56% |
| Q3 2022 | 2022-09-30 | 0.05 | 0.03 | +140.27% |
| Q2 2022 | 2022-06-30 | 0.05 | 0.03 | +125.78% |
| Q1 2022 | 2022-03-31 | 0.02 | −0.00 | −6.91% |
| Q4 2021 | 2021-12-31 | 0.02 | — | — |
| Q3 2021 | 2021-09-30 | 0.02 | −0.00 | −18.70% |
| Q2 2021 | 2021-06-30 | 0.02 | −0.01 | −25.19% |
| Q1 2021 | 2021-03-31 | 0.02 | −0.01 | −24.54% |
| Q3 2020 | 2020-09-30 | 0.03 | −0.00 | −8.45% |
| Q2 2020 | 2020-06-30 | 0.03 | −0.00 | −8.22% |
| Q1 2020 | 2020-03-31 | 0.03 | −0.00 | −8.50% |
| Q4 2019 | 2019-12-31 | 0.10 | 0.07 | +197.55% |
| Q3 2019 | 2019-09-30 | 0.03 | — | — |
| Q2 2019 | 2019-06-30 | 0.03 | — | — |
| Q1 2019 | 2019-03-31 | 0.03 | — | — |
| Q4 2018 | 2018-12-31 | 0.03 | — | — |
Cass Information Systems debt-to-equity ratio trends
Between the periods ended 2018-12-31 and 2025-12-31, Cass Information Systems's debt-to-equity ratio decreased from 0.03 to 0.02, a change of −0.02. The latest reported quarter, Q2 2026, shows 0.02.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cass Information Systems source filings ↗