Skyline Corporation (SKY)

Financial leverage 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 assets US$ in thousands 2,037,470 2,027,670 1,987,130 1,923,340 1,869,420 1,669,180 1,617,660 1,562,720 1,511,690 1,507,620 1,373,330 1,234,620 1,068,150 1,010,330 986,397 917,902 825,865 829,471 790,322
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
Financial leverage ratio 1.33 1.36 1.37 1.35 1.31 1.25 1.25 1.27 1.29 1.39 1.46 1.50 1.46 1.52 1.61 1.61 1.55 1.63 1.62

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —

The financial leverage ratio of Skyline Corporation has shown a fluctuating trend over the reported period, starting at 1.62 as of June 30, 2020, gradually increasing to 1.63 by September 30, 2020, and then declining to 1.55 by December 31, 2020. The ratio then experienced some fluctuations over the subsequent quarters, with slight increases and decreases, but generally maintaining a range around 1.50.

By December 31, 2022, the financial leverage ratio decreased to 1.29, marking a significant decline from its earlier levels. This decreasing trend continued until March 31, 2024, where the ratio reached its lowest point at 1.25. After that, the ratio slightly increased to 1.37 by June 30, 2024, and then declined again to 1.33 by December 31, 2024.

Notably, as of March 31, 2025, the financial leverage ratio is not provided in the data. Overall, the trend indicates some variability in Skyline Corporation's financial leverage over the reporting period, with periods of both increases and decreases in leverage levels. This could imply changes in the company's capital structure and financing decisions during the period under review.


Peer comparison

Mar 31, 2025

Company name
Symbol
Financial leverage ratio
Skyline Corporation
SKY
Cavco Industries Inc
CVCO
0.00