Cavco Industries Financial Health
How is Cavco Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CVCO's short term assets ($819.8M) exceed its short term liabilities ($306.1M).
Long Term Liabilities: CVCO's short term assets ($819.8M) exceed its long term liabilities ($28.8M).
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 14.2% to 1.1% over the past 5 years.
Debt Coverage: CVCO's debt is well covered by operating cash flow (2179.3%).
Interest Coverage: CVCO earns more interest than it pays, so coverage of interest payments is not a concern.