Cavco Industries Inc (CVCO)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,064,580K
= 0.00
Cavco Industries Inc has consistently maintained a debt-to-equity ratio of 0.00 over the period from June 30, 2020, to March 31, 2025. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity during this period. This could suggest that Cavco Industries Inc has been financing its operations primarily through equity financing rather than taking on debt. A low or zero debt-to-equity ratio can be viewed positively by investors and creditors as it signifies lower financial risk and financial leverage for the company. However, it's important to consider that a zero debt-to-equity ratio may also indicate missed opportunities for leveraging debt for potential growth or expansion.
Peer comparison
Mar 31, 2025