Champion Homes Balance Sheet Health
Financial Health criteria checks 6/6
Champion Homes has a total shareholder equity of $1.5B and total debt of $112.9M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are $2.0B and $509.2M respectively. Champion Homes's EBIT is $202.6M making its interest coverage ratio -10.4. It has cash and short-term investments of $581.8M.
Key information
7.4%
Debt to equity ratio
US$112.89m
Debt
| Interest coverage ratio | -10.4x |
| Cash | US$581.75m |
| Equity | US$1.53b |
| Total liabilities | US$509.17m |
| Total assets | US$2.04b |
Recent financial health updates
Here's Why Champion Homes (NYSE:SKY) Can Manage Its Debt Responsibly
Nov 29
Is Skyline Champion (NYSE:SKY) Using Too Much Debt?
Jul 12Skyline Champion (NYSE:SKY) Has A Pretty Healthy Balance Sheet
Mar 05Recent updates
A Look At The Fair Value Of Champion Homes, Inc. (NYSE:SKY)
Jan 27Investors Appear Satisfied With Champion Homes, Inc.'s (NYSE:SKY) Prospects
Jan 12Returns On Capital Signal Tricky Times Ahead For Champion Homes (NYSE:SKY)
Dec 29Here's Why Champion Homes (NYSE:SKY) Can Manage Its Debt Responsibly
Nov 29Champion Homes: Rapid Growth Does Not Justify Significant Meaningful Upside
Oct 30Is Now An Opportune Moment To Examine Champion Homes, Inc. (NYSE:SKY)?
Oct 15Investors Appear Satisfied With Champion Homes, Inc.'s (NYSE:SKY) Prospects
Sep 30Champion Homes (NYSE:SKY) Is Experiencing Growth In Returns On Capital
Sep 15Is Skyline Champion (NYSE:SKY) Using Too Much Debt?
Jul 12Skyline Champion: The Picture Is Improving, If Ever So Slowly
Jul 12Calculating The Intrinsic Value Of Skyline Champion Corporation (NYSE:SKY)
Jun 26Is It Time To Consider Buying Skyline Champion Corporation (NYSE:SKY)?
May 21Skyline Champion: Weak Housing Demand And A Lack Of Margin Of Safety In Share Price
Apr 20Some Shareholders Feeling Restless Over Skyline Champion Corporation's (NYSE:SKY) P/E Ratio
Apr 10Skyline Champion (NYSE:SKY) Has A Pretty Healthy Balance Sheet
Mar 05Why Skyline Champion Corporation (NYSE:SKY) Could Be Worth Watching
Feb 16Skyline Champion Is Stabilizing, But There Are Better Opportunities In Housing
Jan 26Skyline Champion's Stock Slightly Overvalued, Hold Recommendation Suggested
Oct 19Skyline Champion: The Future Of Housing Dynamics In The U.S., A Hold
Oct 07Skyline Champion: Deteriorating Bottom Line Worries Me
Aug 25The Pros And Cons Of Investing In Skyline Champion
Jun 07Financial Position Analysis
Short Term Liabilities: SKY's short term assets ($1.0B) exceed its short term liabilities ($394.2M).
Long Term Liabilities: SKY's short term assets ($1.0B) exceed its long term liabilities ($115.0M).
Debt to Equity History and Analysis
Debt Level: SKY has more cash than its total debt.
Reducing Debt: SKY's debt to equity ratio has reduced from 15.3% to 7.4% over the past 5 years.
Debt Coverage: SKY's debt is well covered by operating cash flow (176.2%).
Interest Coverage: SKY earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 14:57 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/28 |
| Annual Earnings | 2024/03/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Champion Homes, Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Matthew Bouley | Barclays |
| Lawrence Solow | CJS Securities, Inc. |