Cavco Industries Inc (CVCO)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,064,580 | 1,057,220 | 1,041,980 | 1,038,540 | 1,033,410 | 1,008,700 | 1,019,260 | 1,022,830 | 976,286 | 955,500 | 928,932 | 851,562 | 830,455 | 806,212 | 733,116 | 699,067 | 683,640 | 661,741 | 640,688 | 624,007 |
| Debt-to-capital 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 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,064,580K)
= 0.00
Cavco Industries Inc has consistently maintained a debt-to-capital ratio of 0.00 across multiple reporting periods, indicating that the company has not utilized debt as a significant source of its capital structure. A debt-to-capital ratio of 0.00 suggests that the company's capital is predominantly sourced from equity or retained earnings rather than debt financing. This low level of debt relative to its capital base may indicate strong financial health and lower financial risk for the company. Furthermore, a consistent debt-to-capital ratio of 0.00 over the years can be viewed positively by investors and creditors, as it shows responsible financial management and may signal stability in the company's operations.
Peer comparison
Mar 31, 2025