Skyline Corporation (SKY)
Financial leverage ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | — | 1,923,340 | 1,562,720 | 1,234,620 | 917,902 |
| Total stockholders’ equity | US$ in thousands | — | 1,422,370 | 1,233,000 | 825,113 | 568,611 |
| Financial leverage ratio | — | 1.35 | 1.27 | 1.50 | 1.61 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The financial leverage ratio of Skyline Corporation has shown a declining trend over the past few years. From 1.61 in March 2021, the ratio decreased to 1.50 in March 2022, and further dropped to 1.27 in March 2023. Subsequently, there was a slight increase to 1.35 as of March 2024, reflecting some variability in the company's debt structure.
However, it is important to note that the financial leverage ratio data for March 31, 2025 is not available (denoted by "—"). This lack of information for the most recent period makes it difficult to assess the current leverage position of Skyline Corporation.
Overall, the decreasing trend observed in the financial leverage ratio indicates a potential decrease in the company's reliance on debt financing over the analyzed period. This could imply a more conservative approach to capital structure management, but the absence of 2025 data limits a comprehensive evaluation of the company's leverage position.
Peer comparison
Mar 31, 2025