Cavco Industries Inc (CVCO)
Financial leverage ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | — | 1,354,160 | 1,307,980 | 1,154,970 | 951,833 |
| Total stockholders’ equity | US$ in thousands | — | 1,033,410 | 976,286 | 830,455 | 683,640 |
| Financial leverage ratio | — | 1.31 | 1.34 | 1.39 | 1.39 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The financial leverage ratio measures the proportion of a company's debt to its equity, indicating the extent of financial risk borne through debt financing. Looking at Cavco Industries Inc's financial leverage ratio over the years, we observe a relatively stable trend from March 31, 2021, to March 31, 2022, with a consistent ratio of 1.39. However, there has been a slight decline in the ratio from 1.39 on March 31, 2022, to 1.34 on March 31, 2023, followed by a further decrease to 1.31 on March 31, 2024.
As of March 31, 2025, the financial leverage ratio is unavailable (marked as "—"), which may indicate a lack of clarity or data for that period. Overall, the decreasing trend in the financial leverage ratio suggests a potential reduction in the company's reliance on debt to finance its operations, which could be viewed positively from a risk management perspective. However, it is important to monitor future developments to assess the impact on Cavco Industries Inc's capital structure and financial risk profile.
Peer comparison
Mar 31, 2025