Cavco Industries Inc (CVCO)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | — | 1,385,770 | 1,398,200 | 1,380,680 | 1,354,160 | 1,326,600 | 1,368,790 | 1,353,050 | 1,307,980 | 1,264,470 | 1,264,670 | 1,183,800 | 1,154,970 | 1,112,230 | 1,056,430 | 970,872 | 951,833 | 906,566 | 882,510 | 838,256 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 of Cavco Industries Inc has consistently been at 0.00 or undefined for the periods provided, indicating that the company has either no debt or a negligible amount of debt in relation to its total assets. A debt-to-assets ratio of 0.00 suggests that the company is financing its operations primarily through equity, which may be seen as a positive sign of financial health as it indicates lower financial risk and potential for greater stability. It also implies that the company may not be heavily reliant on external borrowing to fund its operations or expansion. However, as the debt-to-assets ratio is zero throughout the reported period, it is important to consider the context of the industry and company size to fully evaluate the financial position of Cavco Industries Inc.
Peer comparison
Mar 31, 2025