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

Company name
Symbol
Debt-to-assets ratio
Cavco Industries Inc
CVCO
Skyline Corporation
SKY