Skyline Corporation (SKY)
Current 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 current assets | US$ in thousands | — | 1,020,680 | 1,014,110 | 975,928 | 918,302 | 870,165 | 977,938 | 1,079,030 | 1,043,470 | 1,005,210 | 1,026,340 | 907,426 | 782,260 | 634,709 | 583,435 | 562,374 | 499,767 | 455,025 | 457,316 | 411,835 |
| Total current liabilities | US$ in thousands | — | 394,162 | 418,684 | 418,694 | 389,601 | 339,297 | 243,151 | 245,944 | 248,917 | 260,283 | 362,571 | 370,235 | 350,112 | 283,609 | 289,281 | 288,443 | 263,642 | 207,651 | 195,065 | 177,611 |
| Current ratio | — | 2.59 | 2.42 | 2.33 | 2.36 | 2.56 | 4.02 | 4.39 | 4.19 | 3.86 | 2.83 | 2.45 | 2.23 | 2.24 | 2.02 | 1.95 | 1.90 | 2.19 | 2.34 | 2.32 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —
The current ratio of Skyline Corporation has shown a fluctuating trend over the past few years. Starting at a level of 2.32 on June 30, 2020, the ratio increased slightly to 2.34 by September 30, 2020. However, there was a slight decrease to 2.19 by December 31, 2020, and further dropped to 1.90 by March 31, 2021.
From June 30, 2021, the current ratio started to improve steadily, reaching a peak of 4.39 on June 30, 2023. During this period, the company's liquidity position significantly strengthened. However, in the subsequent quarters, there was a slight decline in the current ratio, stabilizing around 2.30-2.60 range from September 30, 2024, to December 31, 2024.
The most recent available data as of March 31, 2025, is not provided in the information. Nonetheless, the trend in the current ratio demonstrates that Skyline Corporation has maintained a healthy liquidity position overall, with the ratio consistently above 2.0 in most periods. This suggests that the company has had a strong ability to cover its short-term liabilities with its current assets throughout the observed period.
Peer comparison
Mar 31, 2025