Cavco Industries Inc (CVCO)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | — | 1,354,160 | 1,307,980 | 1,154,970 | 951,833 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —
The debt-to-assets ratio for Cavco Industries Inc shows a consistent trend of 0.00 from March 31, 2021, to March 31, 2024. This indicates that the company has not used debt to finance its assets during this period. However, the ratio is represented as "—", which may suggest that data is not available for March 31, 2025. Overall, maintaining a low or zero debt-to-assets ratio can signify a strong financial position and lower financial risk for the company as it indicates a lower reliance on debt financing.
Peer comparison
Mar 31, 2025