How much debt does Campbells have?
Casey's General Stores carries a total debt burden of approximately 2.9 billion US dollars. This elevated debt level stems largely from strategic acquisitions, such as the multi-billion-dollar purchase of CEFCO convenience stores funded through new long-term debt issuance. Despite this higher leverage, the company benefits from robust cash generation, reporting annual operating cash flows exceeding one billion dollars, which comfortably covers interest obligations and ongoing capital expenditures for store network growth while keeping net debt-to-EBITDA ratios at manageable levels.
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