Cavco Industries Stock Debt To Equity
| CVCO Stock | USD 365.16 0.16 0.04% |
Cavco Industries fundamentals help investors to digest information that contributes to Cavco Industries' financial success or failures. It also enables traders to predict the movement of Cavco Stock. The fundamental analysis module provides a way to measure Cavco Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cavco Industries stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.13 | 0.19 |
Cavco | Debt To Equity |
Cavco Industries Company Debt To Equity Analysis
Cavco Industries' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Cavco Industries Debt To Equity | 0.03 % |
Most of Cavco Industries' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cavco Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cavco Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Cavco Industries is extremely important. It helps to project a fair market value of Cavco Stock properly, considering its historical fundamentals such as Debt To Equity. Since Cavco Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cavco Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cavco Industries' interrelated accounts and indicators.
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Cavco Debt To Equity Historical Pattern
Today, most investors in Cavco Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cavco Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cavco Industries debt to equity as a starting point in their analysis.
Cavco Industries Debt To Equity |
| Timeline |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
Cavco Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Cavco Industries has a Debt To Equity of 0.028%. This is 99.97% lower than that of the Household Durables sector and 99.96% lower than that of the Consumer Discretionary industry. The debt to equity for all United States stocks is 99.94% higher than that of the company.
Cavco Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cavco Industries' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cavco Industries could also be used in its relative valuation, which is a method of valuing Cavco Industries by comparing valuation metrics of similar companies.Cavco Industries is currently under evaluation in debt to equity category among related companies.
Cavco Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0936 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 2.72 B | ||||
| Shares Outstanding | 8.35 M | ||||
| Shares Owned By Insiders | 5.20 % | ||||
| Shares Owned By Institutions | 94.80 % | ||||
| Number Of Shares Shorted | 204.5 K | ||||
| Price To Earning | 32.18 X | ||||
| Price To Book | 3.11 X | ||||
| Price To Sales | 1.70 X | ||||
| Revenue | 2.14 B | ||||
| Gross Profit | 388.07 M | ||||
| EBITDA | 307.67 M | ||||
| Net Income | 240.84 M | ||||
| Cash And Equivalents | 253.94 M | ||||
| Cash Per Share | 28.55 X | ||||
| Total Debt | 21.68 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 2.45 X | ||||
| Book Value Per Share | 120.86 X | ||||
| Cash Flow From Operations | 255.69 M | ||||
| Short Ratio | 3.42 X | ||||
| Earnings Per Share | 19.74 X | ||||
| Price To Earnings To Growth | 2.24 X | ||||
| Target Price | 392.33 | ||||
| Number Of Employees | 7 K | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 3.04 B | ||||
| Total Asset | 1.31 B | ||||
| Retained Earnings | 869.31 M | ||||
| Working Capital | 511.19 M | ||||
| Current Asset | 298.72 M | ||||
| Current Liabilities | 125.09 M | ||||
| Net Asset | 1.31 B |
About Cavco Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cavco Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cavco Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cavco Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Cavco Industries Investors Sentiment
The influence of Cavco Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cavco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cavco Industries' public news can be used to forecast risks associated with an investment in Cavco. The trend in average sentiment can be used to explain how an investor holding Cavco can time the market purely based on public headlines and social activities around Cavco Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cavco Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cavco Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cavco Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cavco Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cavco Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cavco Industries' short interest history, or implied volatility extrapolated from Cavco Industries options trading.
Pair Trading with Cavco Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cavco Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cavco Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Cavco Stock
| 0.8 | DHI | DR Horton Financial Report 18th of July 2024 | PairCorr |
| 0.81 | KBH | KB Home Financial Report 19th of June 2024 | PairCorr |
The ability to find closely correlated positions to Cavco Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cavco Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cavco Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cavco Industries to buy it.
The correlation of Cavco Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cavco Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cavco Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cavco Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Cavco Industries Piotroski F Score and Cavco Industries Altman Z Score analysis. To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.Note that the Cavco Industries information on this page should be used as a complementary analysis to other Cavco Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Cavco Stock analysis
When running Cavco Industries' price analysis, check to measure Cavco Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cavco Industries is operating at the current time. Most of Cavco Industries' value examination focuses on studying past and present price action to predict the probability of Cavco Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cavco Industries' price. Additionally, you may evaluate how the addition of Cavco Industries to your portfolios can decrease your overall portfolio volatility.
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Is Cavco Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cavco Industries. If investors know Cavco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cavco Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Earnings Share 19.74 | Revenue Per Share 215.435 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0936 |
The market value of Cavco Industries is measured differently than its book value, which is the value of Cavco that is recorded on the company's balance sheet. Investors also form their own opinion of Cavco Industries' value that differs from its market value or its book value, called intrinsic value, which is Cavco Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cavco Industries' market value can be influenced by many factors that don't directly affect Cavco Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cavco Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cavco Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cavco Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.