Cavco Industries Inc (CVCO)
Current ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 910,186 | 851,799 | 804,579 | 744,117 | 651,799 |
| Total current liabilities | US$ in thousands | — | 273,267 | 293,391 | 294,170 | 237,104 |
| Current ratio | — | 3.12 | 2.74 | 2.53 | 2.75 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $910,186K ÷ $—K
= —
The current ratio of Cavco Industries Inc has shown a relatively stable trend over the past few years, starting at 2.75 in March 2021, declining slightly to 2.53 in March 2022, and then recovering to 2.74 in March 2023. In the most recent fiscal year ending March 31, 2024, the current ratio increased significantly to 3.12, indicating a stronger position in meeting short-term obligations with current assets. However, it is worth noting that the data for March 31, 2025 is missing.
Overall, the current ratio of Cavco Industries Inc reflects a healthy liquidity position, with the ability to cover its short-term liabilities with current assets. The increasing trend in recent years suggests improvements in the company's ability to manage its short-term financial obligations. However, further analysis and monitoring are recommended to assess the company's ongoing liquidity and financial health.
Peer comparison
Mar 31, 2025