Cavco Cash And Short Term Investments vs Property Plant And Equipment Gross Analysis

CVCO Stock

USD 371.79 19.37 4.95%

Cavco Industries financial indicator trend analysis is way more than just evaluating Cavco Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cavco Industries is a good investment. Please check the relationship between Cavco Industries Cash And Short Term Investments and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.

Cash And Short Term Investments vs Property Plant And Equipment Gross

Cash And Short Term Investments vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cavco Industries Cash And Short Term Investments account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Cavco Industries' Cash And Short Term Investments and Property Plant And Equipment Gross is 0.82. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Cavco Industries, assuming nothing else is changed. The correlation between historical values of Cavco Industries' Cash And Short Term Investments and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Cavco Industries are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash And Short Term Investments i.e., Cavco Industries' Cash And Short Term Investments and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Cavco Industries balance sheet. This account contains Cavco Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cavco Industries fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Property Plant And Equipment Gross

Most indicators from Cavco Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cavco Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.At this time, Cavco Industries' Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Tax Provision is likely to grow to about 79.6 M, while Sales General And Administrative To Revenue is likely to drop 0.10.

	2021	2022	2023	2024 (projected)
Interest Expense	702K	910K	1.0M	994.2K
Depreciation And Amortization	10.2M	122.9M	141.3M	148.4M

Interest Expense Depreciation And Amortization

Cavco Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Cash And Short Term Investments	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Retained Earnings
Total Assets		-0.23	0.99	0.99	0.99	0.97	-0.83	0.97	0.99	0.71	0.62	-0.34	0.98	0.94	0.12	0.97	0.97	0.99	0.92	-0.85	0.88	-0.59	0.76	0.08	0.98	0.99
Short Long Term Debt Total	-0.23		-0.29	-0.25	-0.26	-0.26	0.45	-0.17	-0.26	-0.46	0.13	0.57	-0.22	-0.47	0.49	-0.1	-0.26	-0.25	-0.24	0.17	-0.21	0.55	-0.16	-0.59	-0.27	-0.31
Other Current Liab	0.99	-0.29		0.99	0.99	0.97	-0.85	0.93	0.99	0.74	0.59	-0.45	0.98	0.97	0.03	0.94	0.97	0.99	0.92	-0.81	0.89	-0.68	0.77	0.2	0.97	0.99
Total Current Liabilities	0.99	-0.25	0.99		0.99	0.95	-0.86	0.93	0.99	0.71	0.64	-0.42	0.97	0.95	0.13	0.96	0.95	1.0	0.93	-0.86	0.92	-0.64	0.81	0.1	0.96	0.97
Total Stockholder Equity	0.99	-0.26	0.99	0.99		0.96	-0.85	0.94	0.99	0.72	0.65	-0.43	0.97	0.95	0.1	0.94	0.96	0.99	0.93	-0.84	0.89	-0.67	0.77	0.13	0.96	0.99
Property Plant And Equipment Net	0.97	-0.26	0.97	0.95	0.96		-0.72	0.98	0.96	0.77	0.47	-0.3	0.98	0.95	-0.07	0.94	1.0	0.95	0.82	-0.73	0.77	-0.55	0.62	0.22	1.0	0.99
Net Debt	-0.83	0.45	-0.85	-0.86	-0.85	-0.72		-0.68	-0.84	-0.57	-0.66	0.59	-0.75	-0.8	-0.23	-0.75	-0.72	-0.88	-0.96	0.88	-0.89	0.75	-0.89	-0.05	-0.73	-0.8
Non Current Assets Total	0.97	-0.17	0.93	0.93	0.94	0.98	-0.68		0.94	0.69	0.51	-0.15	0.98	0.9	0.06	0.97	0.98	0.93	0.8	-0.75	0.76	-0.41	0.62	0.06	0.98	0.96
Net Receivables	0.99	-0.26	0.99	0.99	0.99	0.96	-0.84	0.94		0.73	0.62	-0.42	0.98	0.96	0.09	0.95	0.96	0.99	0.91	-0.84	0.91	-0.65	0.78	0.14	0.97	0.98
Good Will	0.71	-0.46	0.74	0.71	0.72	0.77	-0.57	0.69	0.73		0.39	-0.44	0.75	0.8	-0.35	0.63	0.77	0.7	0.56	-0.48	0.56	-0.6	0.51	0.44	0.77	0.77
Common Stock Shares Outstanding	0.62	0.13	0.59	0.64	0.65	0.47	-0.66	0.51	0.62	0.39		-0.19	0.56	0.43	0.68	0.64	0.47	0.66	0.74	-0.72	0.75	-0.35	0.81	-0.43	0.48	0.54
Non Current Liabilities Total	-0.34	0.57	-0.45	-0.42	-0.43	-0.3	0.59	-0.15	-0.42	-0.44	-0.19		-0.31	-0.53	0.3	-0.15	-0.3	-0.43	-0.48	0.38	-0.48	0.95	-0.37	-0.61	-0.3	-0.41
Inventory	0.98	-0.22	0.98	0.97	0.97	0.98	-0.75	0.98	0.98	0.75	0.56	-0.31		0.95	0.04	0.96	0.98	0.97	0.84	-0.79	0.85	-0.55	0.7	0.15	0.99	0.98
Other Current Assets	0.94	-0.47	0.97	0.95	0.95	0.95	-0.8	0.9	0.96	0.8	0.43	-0.53	0.95		-0.17	0.87	0.95	0.94	0.83	-0.72	0.82	-0.73	0.65	0.39	0.96	0.97
Other Stockholder Equity	0.12	0.49	0.03	0.13	0.1	-0.07	-0.23	0.06	0.09	-0.35	0.68	0.3	0.04	-0.17		0.23	-0.07	0.15	0.31	-0.43	0.35	0.23	0.48	-0.89	-0.06	-0.03
Total Liab	0.97	-0.1	0.94	0.96	0.94	0.94	-0.75	0.97	0.95	0.63	0.64	-0.15	0.96	0.87	0.23		0.94	0.95	0.87	-0.82	0.85	-0.41	0.76	-0.07	0.95	0.93
Property Plant And Equipment Gross	0.97	-0.26	0.97	0.95	0.96	1.0	-0.72	0.98	0.96	0.77	0.47	-0.3	0.98	0.95	-0.07	0.94		0.95	0.82	-0.73	0.77	-0.55	0.62	0.22	1.0	0.99
Total Current Assets	0.99	-0.25	0.99	1.0	0.99	0.95	-0.88	0.93	0.99	0.7	0.66	-0.43	0.97	0.94	0.15	0.95	0.95		0.95	-0.87	0.92	-0.66	0.82	0.09	0.95	0.98
Cash And Short Term Investments	0.92	-0.24	0.92	0.93	0.93	0.82	-0.96	0.8	0.91	0.56	0.74	-0.48	0.84	0.83	0.31	0.87	0.82	0.95		-0.91	0.93	-0.68	0.89	-0.04	0.82	0.88
Other Liab	-0.85	0.17	-0.81	-0.86	-0.84	-0.73	0.88	-0.75	-0.84	-0.48	-0.72	0.38	-0.79	-0.72	-0.43	-0.82	-0.73	-0.87	-0.91		-0.89	0.54	-0.86	0.22	-0.73	-0.79
Accounts Payable	0.88	-0.21	0.89	0.92	0.89	0.77	-0.89	0.76	0.91	0.56	0.75	-0.48	0.85	0.82	0.35	0.85	0.77	0.92	0.93	-0.89		-0.66	0.92	-0.03	0.79	0.84
Long Term Debt	-0.59	0.55	-0.68	-0.64	-0.67	-0.55	0.75	-0.41	-0.65	-0.6	-0.35	0.95	-0.55	-0.73	0.23	-0.41	-0.55	-0.66	-0.68	0.54	-0.66		-0.54	-0.57	-0.55	-0.65
Short Term Investments	0.76	-0.16	0.77	0.81	0.77	0.62	-0.89	0.62	0.78	0.51	0.81	-0.37	0.7	0.65	0.48	0.76	0.62	0.82	0.89	-0.86	0.92	-0.54		-0.21	0.65	0.69
Intangible Assets	0.08	-0.59	0.2	0.1	0.13	0.22	-0.05	0.06	0.14	0.44	-0.43	-0.61	0.15	0.39	-0.89	-0.07	0.22	0.09	-0.04	0.22	-0.03	-0.57	-0.21		0.22	0.23
Property Plant Equipment	0.98	-0.27	0.97	0.96	0.96	1.0	-0.73	0.98	0.97	0.77	0.48	-0.3	0.99	0.96	-0.06	0.95	1.0	0.95	0.82	-0.73	0.79	-0.55	0.65	0.22		0.99
Retained Earnings	0.99	-0.31	0.99	0.97	0.99	0.99	-0.8	0.96	0.98	0.77	0.54	-0.41	0.98	0.97	-0.03	0.93	0.99	0.98	0.88	-0.79	0.84	-0.65	0.69	0.23	0.99

Click cells to compare fundamentals

Cavco Industries Account Relationship Matchups

Cavco Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	810.4M	951.8M	1.2B	1.3B	1.5B	1.6B
Short Long Term Debt Total	25.7M	25.5M	24.8M	21.7M	24.9M	42.6M
Other Current Liab	117.9M	161.3M	194.0M	210.9M	242.5M	254.6M
Total Current Liabilities	172.1M	237.1M	294.2M	293.4M	337.4M	354.3M
Total Stockholder Equity	607.6M	683.6M	830.5M	976.3M	1.1B	1.2B
Property Plant And Equipment Net	91.1M	113.0M	181.0M	255.0M	293.3M	308.0M
Net Debt	(216.1M)	(296.7M)	(219.4M)	(249.7M)	(224.8M)	(213.5M)
Non Current Assets Total	294.2M	300.0M	410.9M	503.4M	578.9M	607.9M
Net Receivables	90.6M	104.3M	149.3M	150.4M	173.0M	181.6M
Common Stock Shares Outstanding	9.3M	9.3M	9.3M	8.9M	10.3M	8.6M
Liabilities And Stockholders Equity	810.4M	951.8M	1.2B	1.3B	1.5B	1.6B
Non Current Liabilities Total	30.7M	31.1M	29.5M	37.1M	42.6M	40.4M
Inventory	113.5M	131.2M	244.0M	263.2M	302.6M	317.8M
Other Current Assets	42.2M	57.8M	86.6M	92.9M	106.8M	112.1M
Other Stockholder Equity	252.3M	252.4M	202.0M	107.5M	123.6M	157.9M
Total Liab	202.8M	268.2M	323.7M	330.5M	380.0M	399.0M
Property Plant And Equipment Gross	91.1M	113.0M	181.0M	255.0M	293.3M	308.0M
Total Current Assets	516.2M	651.8M	744.1M	804.6M	925.3M	971.5M
Accumulated Other Comprehensive Income	90K	97K	(403K)	(615K)	(553.5K)	(525.8K)
Cash And Short Term Investments	256.4M	341.8M	264.2M	286.4M	329.4M	345.8M
Other Liab	7.0M	7.3M	7.4M	5.5M	5.0M	4.7M
Accounts Payable	29.9M	32.1M	43.1M	30.7M	35.3M	37.1M
Long Term Debt	14.6M	12.7M	10.3M	10.8M	9.8M	9.3M
Short Term Investments	14.6M	19.5M	20.1M	15.0M	17.2M	12.4M
Intangible Assets	15.1M	14.4M	28.5M	29.8M	26.8M	30.9M
Property Plant Equipment	77.2M	113.0M	181.0M	228.3M	262.5M	275.6M
Retained Earnings	355.1M	431.1M	628.8M	869.3M	999.7M	1.0B
Cash	241.8M	322.3M	244.2M	271.4M	312.1M	327.7M
Short Term Debt	2.2M	1.9M	784K	6.6M	5.9M	8.4M
Net Tangible Assets	528.1M	594.2M	701.0M	968.2M	1.1B	1.2B
Current Deferred Revenue	22.1M	41.8M	56.3M	45.2M	52.0M	27.4M
Retained Earnings Total Equity	280.1M	355.1M	431.1M	869.3M	999.7M	1.0B
Capital Surpluse	249.4M	252.3M	253.8M	272.0M	312.7M	249.7M
Deferred Long Term Liab	7.0M	7.3M	7.4M	7.6M	6.8M	11.0M
Long Term Investments	112.6M	35.0M	34.9M	99.7M	89.7M	74.8M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Cavco Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cavco Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cavco Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cavco Industries Stock:

How To Invest In Cavco

Details

Is Cavco Stock a good investment?

Details

What is Cavco Industries' Net Worth?

Details

Largest Household Durables Companies

View

Largest Consumer Durables & Apparel Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.

	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments

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

19.75

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cavco Cash And Short Term Investments vs Property Plant And Equipment Gross Analysis

Cash And Short Term Investments vs Property Plant And Equipment Gross

Cash And Short Term Investments vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Property Plant And Equipment Gross

Cavco Industries fundamental ratios Correlations

Cavco Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cavco Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Cavco Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Gross
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.96	Net Debt
Other Liab	- 0.91	Cash And Short Term Investments
Accounts Payable	- 0.89	Other Liab
Intangible Assets	- 0.89	Other Stockholder Equity
Short Term Investments	- 0.89	Net Debt
Accounts Payable	- 0.89	Net Debt