Cavco Industries Balance Sheet Health
Financial Health criteria checks 6/6
Cavco Industries has a total shareholder equity of $1.0B and total debt of $1.7M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $1.4B and $356.2M respectively. Cavco Industries's EBIT is $163.7M making its interest coverage ratio -7.5. It has cash and short-term investments of $388.7M.
Key information
0.2%
Debt to equity ratio
US$1.73m
Debt
| Interest coverage ratio | -7.5x |
| Cash | US$388.69m |
| Equity | US$1.04b |
| Total liabilities | US$356.23m |
| Total assets | US$1.40b |
Recent financial health updates
These 4 Measures Indicate That Cavco Industries (NASDAQ:CVCO) Is Using Debt Reasonably Well
Nov 21
We Think Cavco Industries (NASDAQ:CVCO) Can Stay On Top Of Its Debt
Aug 19Cavco Industries (NASDAQ:CVCO) Has A Pretty Healthy Balance Sheet
Apr 09We Think Cavco Industries (NASDAQ:CVCO) Can Stay On Top Of Its Debt
Jan 03We Think Cavco Industries (NASDAQ:CVCO) Can Manage Its Debt With Ease
Sep 22Cavco Industries (NASDAQ:CVCO) Seems To Use Debt Rather Sparingly
Jun 07Recent updates
These 4 Measures Indicate That Cavco Industries (NASDAQ:CVCO) Is Using Debt Reasonably Well
Nov 21Return Trends At Cavco Industries (NASDAQ:CVCO) Aren't Appealing
Nov 02Cavco Industries, Inc.'s (NASDAQ:CVCO) Popularity With Investors Is Under Threat From Overpricing
Oct 15Cavco Industries Isn't AI... It's About AH (Affordable Housing), The Other Big A
Sep 20We Think Cavco Industries (NASDAQ:CVCO) Can Stay On Top Of Its Debt
Aug 19Return Trends At Cavco Industries (NASDAQ:CVCO) Aren't Appealing
Aug 01Cavco Industries Remains A 'Buy' Due To Favorable Residential Market Dynamics And Consumer Behavior
Jul 30Does This Valuation Of Cavco Industries, Inc. (NASDAQ:CVCO) Imply Investors Are Overpaying?
Jul 15Cavco Industries, Inc. (NASDAQ:CVCO) Investors Are Less Pessimistic Than Expected
Jun 29Cavco Industries: Fair Performance, Fair Valuation (Rating Downgrade)
Jun 26Cavco Industries, Inc. (NASDAQ:CVCO) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
May 28At US$354, Is It Time To Put Cavco Industries, Inc. (NASDAQ:CVCO) On Your Watch List?
May 24Slowing Rates Of Return At Cavco Industries (NASDAQ:CVCO) Leave Little Room For Excitement
Apr 24Quarterly Update: Analyzing Cavco's Triumph In Affordable Housing
Apr 09Cavco Industries (NASDAQ:CVCO) Has A Pretty Healthy Balance Sheet
Apr 09Some Confidence Is Lacking In Cavco Industries, Inc.'s (NASDAQ:CVCO) P/E
Mar 25Cavco Industries: Fantastic Business But Transition Period To Avoid
Mar 20Is Now The Time To Look At Buying Cavco Industries, Inc. (NASDAQ:CVCO)?
Feb 18Is Cavco Industries, Inc. (NASDAQ:CVCO) Worth US$337 Based On Its Intrinsic Value?
Feb 02Staying Bullish On Cavco Industries: A Promising Homebuilding Pick
Jan 13We Think Cavco Industries (NASDAQ:CVCO) Can Stay On Top Of Its Debt
Jan 03Investors Aren't Buying Cavco Industries, Inc.'s (NASDAQ:CVCO) Earnings
Dec 19Investors Should Be Encouraged By Cavco Industries' (NASDAQ:CVCO) Returns On Capital
Nov 18Why Cavco Industries, Inc. (NASDAQ:CVCO) Could Be Worth Watching
Oct 31We Think Cavco Industries (NASDAQ:CVCO) Can Manage Its Debt With Ease
Sep 22Why We Like The Returns At Cavco Industries (NASDAQ:CVCO)
Aug 03Why Cavco Industries, Inc. (NASDAQ:CVCO) Could Be Worth Watching
Jul 13Cavco Industries (NASDAQ:CVCO) Seems To Use Debt Rather Sparingly
Jun 07With EPS Growth And More, Cavco Industries (NASDAQ:CVCO) Makes An Interesting Case
May 25Estimating The Intrinsic Value Of Cavco Industries, Inc. (NASDAQ:CVCO)
May 12Is Cavco Industries, Inc. (NASDAQ:CVCO) Potentially Undervalued?
Apr 11Cavco Industries (NASDAQ:CVCO) Is Achieving High Returns On Its Capital
Mar 29Does Cavco Industries (NASDAQ:CVCO) Have A Healthy Balance Sheet?
Feb 22A Look At The Fair Value Of Cavco Industries, Inc. (NASDAQ:CVCO)
Feb 08With EPS Growth And More, Cavco Industries (NASDAQ:CVCO) Makes An Interesting Case
Jan 26Is Now The Time To Look At Buying Cavco Industries, Inc. (NASDAQ:CVCO)?
Dec 28Cavco Industries: Industry Secular Tailwinds Support Long-Term Growth
Oct 05Here's Why Cavco Industries (NASDAQ:CVCO) Has Caught The Eye Of Investors
Sep 19Cavco Industries: A Change In Opinion
Sep 18We Think Cavco Industries (NASDAQ:CVCO) Might Have The DNA Of A Multi-Bagger
Sep 05Need To Know: Analysts Are Much More Bullish On Cavco Industries, Inc. (NASDAQ:CVCO)
Aug 08We Think Cavco Industries (NASDAQ:CVCO) Can Manage Its Debt With Ease
Jul 06Cavco Industries: Finally Worth Considering
Jun 30Financial Position Analysis
Short Term Liabilities: CVCO's short term assets ($902.0M) exceed its short term liabilities ($311.5M).
Long Term Liabilities: CVCO's short term assets ($902.0M) exceed its long term liabilities ($44.7M).
Debt to Equity History and Analysis
Debt Level: CVCO has more cash than its total debt.
Reducing Debt: CVCO's debt to equity ratio has reduced from 2.7% to 0.2% over the past 5 years.
Debt Coverage: CVCO's debt is well covered by operating cash flow (9649.8%).
Interest Coverage: CVCO earns more interest than it pays, so coverage of interest payments is not a concern.