Cavco Industries Inc (CVCO)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 0.00 | 1.31 | 1.34 | 1.33 | 1.31 | 1.32 | 1.34 | 1.32 | 1.34 | 1.32 | 1.36 | 1.39 | 1.39 | 1.38 | 1.44 | 1.39 | 1.39 | 1.37 | 1.38 | 1.34 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $1,064,580K
= 0.00
Cavco Industries Inc's financial leverage ratio has exhibited fluctuation over the reporting periods provided. The ratio started at 1.34 on June 30, 2020, increased to a peak of 1.44 on September 30, 2021, and then gradually decreased to 1.31 on December 31, 2024. However, there was a significant drop to 0.00 on March 31, 2025, which may be due to a specific event or anomaly in the financial data.
Overall, the financial leverage ratio for Cavco Industries Inc indicates the company's level of debt relative to its equity over time. A higher financial leverage ratio suggests a higher proportion of debt in the company's capital structure, which can indicate higher financial risk. It is important for stakeholders to carefully monitor changes in this ratio to assess the company's financial risk and stability.
Peer comparison
Mar 31, 2025