Skyline Corporation (SKY)
Debt-to-capital ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 1,422,370 | 1,233,000 | 825,113 | 568,611 |
| Debt-to-capital ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —
Based on the data provided for Skyline Corporation's Debt-to-capital ratio, the ratio has consistently remained at 0.00 from March 31, 2021, to March 31, 2024. However, as of March 31, 2025, the ratio is indicated as "—," which suggests that there may be missing or unclear information for that period.
A debt-to-capital ratio of 0.00 generally implies that the company has either no debt or a negligible amount of debt compared to its total capital. This indicates that Skyline Corporation may rely more on equity financing rather than debt financing to fund its operations and growth.
It is important to track changes in the debt-to-capital ratio over time to assess the company's capital structure and financial risk. In this case, given the consistent 0.00 ratio up to 2024, Skyline Corporation appears to have a strong financial position with minimal debt relative to its capital. Additional information for 2025 would be necessary to provide a complete analysis of the trend.
Peer comparison
Mar 31, 2025