Skyline Corporation (SKY)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | — | 1,923,340 | 1,562,720 | 1,234,620 | 917,902 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —
The debt-to-assets ratio for Skyline Corporation has remained consistently at 0.00 from March 31, 2021, to March 31, 2024. However, the data for March 31, 2025, is represented as "—." This indicates either missing data or an undefined value for that specific period, making it difficult to draw a conclusion for that year. A debt-to-assets ratio of 0.00 typically signifies that the company has no debt in relation to its total assets, suggesting a financially stable and low-risk position with no leverage used for financing. It indicates that all assets are funded by equity or other non-debt sources, reflecting a conservative financial structure.
Peer comparison
Mar 31, 2025