Cavco Industries Inc (CVCO)
Debt-to-capital ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 1,033,410 | 976,286 | 830,455 | 683,640 |
| Debt-to-capital ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —
Cavco Industries Inc's debt-to-capital ratio has remained consistently at 0.00 from March 31, 2021, to March 31, 2024. However, for the period ending March 31, 2025, the reported ratio is not available ("—"). This indicates that the company has not utilized debt in its capital structure during the referenced years, implying lower financial risk and potentially less reliance on external financing. It suggests that Cavco Industries Inc has been funding its operations and investments primarily through equity, which could be a positive sign for investors and creditors concerned about the company's leverage position.
Peer comparison
Mar 31, 2025