Cavco Industries Inc (CVCO)
Current ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | — | 877,987 | 901,965 | 877,574 | 851,799 | 833,047 | 875,443 | 858,687 | 804,579 | 832,554 | 819,791 | 748,025 | 744,117 | 703,549 | 632,998 | 667,864 | 651,799 | 625,719 | 597,424 | 547,991 |
| Total current liabilities | US$ in thousands | — | 285,222 | 311,480 | 296,005 | 273,267 | 271,172 | 305,475 | 293,376 | 293,391 | 278,423 | 306,051 | 304,675 | 294,170 | 272,762 | 282,271 | 242,187 | 237,104 | 213,342 | 208,221 | 179,056 |
| Current ratio | — | 3.08 | 2.90 | 2.96 | 3.12 | 3.07 | 2.87 | 2.93 | 2.74 | 2.99 | 2.68 | 2.46 | 2.53 | 2.58 | 2.24 | 2.76 | 2.75 | 2.93 | 2.87 | 3.06 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —
Based on the provided data, Cavco Industries Inc's current ratio has fluctuated over the past few years. The current ratio measures the company's ability to cover its short-term liabilities with its current assets.
Between June 30, 2020, and September 30, 2021, the current ratio ranged between 3.06 and 2.24, indicating a relatively healthy liquidity position. However, it experienced a downward trend from March 31, 2022, to September 30, 2022, reaching a low of 2.24, which might suggest some challenges in meeting short-term obligations.
Subsequently, the current ratio improved, reaching 3.12 on March 31, 2024. This increase indicates that Cavco Industries Inc may have strengthened its liquidity position and ability to cover current liabilities with current assets.
Overall, the current ratio for Cavco Industries Inc has shown variability but generally remained above 2, suggesting the company has been able to meet its short-term obligations comfortably. However, it is essential to continue monitoring this ratio to ensure ongoing liquidity and financial stability.
Peer comparison
Mar 31, 2025