CASSCass Information Systems, Inc.
Is it safe?
No red flags in what's measurable: comfortable debt (AA) and steady price behavior.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -51% · now 8% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can CASS take a bad year?
Cass Information Systems, Inc. holds $336M more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Debt / equity
- 0.33×
Debt / equity
- Annualised volatility
- 24%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $80M
- Cash and short-term investments
- $416M
- Net cash
- $336M
- EBITDA, trailing twelve months
- $49M
- Operating profit, trailing twelve months
- $46M
- Debt / equity
- 0.33×
- Total debt / EBITDA
- 1.63×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −51%
- Below its 52-week high
- 8.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Business Services
Ranks #6 of 22 by RyuScore