Skyline Corporation (SKY)
Debt-to-equity 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 1,528,300 | 1,492,260 | 1,450,750 | 1,422,370 | 1,421,960 | 1,340,190 | 1,290,920 | 1,233,000 | 1,173,440 | 1,085,740 | 943,578 | 825,113 | 733,378 | 662,978 | 612,583 | 568,611 | 532,195 | 507,444 | 489,297 |
| Debt-to-equity ratio | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The debt-to-equity ratio of Skyline Corporation has remained consistently at 0.00 from June 30, 2020, to March 31, 2025. This indicates that the company has not utilized debt as a source of financing relative to its equity during this period. A low or zero debt-to-equity ratio may imply that the company has a conservative financial structure and may be relying more on equity financing for its operations and growth. However, without any debt in the capital structure, the company may be missing out on potential tax benefits associated with debt financing. It's important for the company to evaluate the optimal mix of debt and equity to maximize shareholder value while considering the associated risks and costs.
Peer comparison
Mar 31, 2025