Skyline Corporation (SKY)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | 495,063 | 747,453 | 435,413 | 262,581 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 451,308 | 389,601 | 248,917 | 350,112 | 263,642 |
| Cash ratio | 0.00 | 1.27 | 3.00 | 1.24 | 1.00 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $451,308K
= 0.00
The cash ratio of Skyline Corporation has shown fluctuations over the years based on the provided data. Starting at 1.00 on March 31, 2021, the ratio increased to 1.24 by March 31, 2022. Subsequently, there was a significant jump to 3.00 by March 31, 2023, indicating a substantial improvement in the company's ability to cover its short-term liabilities with cash alone. However, the ratio decreased slightly to 1.27 by March 31, 2024, before dropping to 0.00 by March 31, 2025, which may raise concerns about the company's liquidity position and ability to meet its immediate financial obligations. It is essential for Skyline Corporation to closely monitor its cash position and liquidity management to ensure financial stability and meet its short-term obligations efficiently.
Peer comparison
Mar 31, 2025