Cavco Inventory vs Other Stockholder Equity 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 Inventory and its Other Stockholder Equity 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.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cavco Industries Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Cavco Industries' Inventory and Other Stockholder Equity is 0.04. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity 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' Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Cavco Industries are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Cavco Industries' Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Other Stockholder Equity

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 Expense702K910K1.0M994.2K
Depreciation And Amortization10.2M122.9M141.3M148.4M

Cavco Industries fundamental ratios Correlations

-0.230.990.990.990.97-0.830.970.990.710.62-0.340.980.940.120.970.970.990.92-0.850.88-0.590.760.080.980.99
-0.23-0.29-0.25-0.26-0.260.45-0.17-0.26-0.460.130.57-0.22-0.470.49-0.1-0.26-0.25-0.240.17-0.210.55-0.16-0.59-0.27-0.31
0.99-0.290.990.990.97-0.850.930.990.740.59-0.450.980.970.030.940.970.990.92-0.810.89-0.680.770.20.970.99
0.99-0.250.990.990.95-0.860.930.990.710.64-0.420.970.950.130.960.951.00.93-0.860.92-0.640.810.10.960.97
0.99-0.260.990.990.96-0.850.940.990.720.65-0.430.970.950.10.940.960.990.93-0.840.89-0.670.770.130.960.99
0.97-0.260.970.950.96-0.720.980.960.770.47-0.30.980.95-0.070.941.00.950.82-0.730.77-0.550.620.221.00.99
-0.830.45-0.85-0.86-0.85-0.72-0.68-0.84-0.57-0.660.59-0.75-0.8-0.23-0.75-0.72-0.88-0.960.88-0.890.75-0.89-0.05-0.73-0.8
0.97-0.170.930.930.940.98-0.680.940.690.51-0.150.980.90.060.970.980.930.8-0.750.76-0.410.620.060.980.96
0.99-0.260.990.990.990.96-0.840.940.730.62-0.420.980.960.090.950.960.990.91-0.840.91-0.650.780.140.970.98
0.71-0.460.740.710.720.77-0.570.690.730.39-0.440.750.8-0.350.630.770.70.56-0.480.56-0.60.510.440.770.77
0.620.130.590.640.650.47-0.660.510.620.39-0.190.560.430.680.640.470.660.74-0.720.75-0.350.81-0.430.480.54
-0.340.57-0.45-0.42-0.43-0.30.59-0.15-0.42-0.44-0.19-0.31-0.530.3-0.15-0.3-0.43-0.480.38-0.480.95-0.37-0.61-0.3-0.41
0.98-0.220.980.970.970.98-0.750.980.980.750.56-0.310.950.040.960.980.970.84-0.790.85-0.550.70.150.990.98
0.94-0.470.970.950.950.95-0.80.90.960.80.43-0.530.95-0.170.870.950.940.83-0.720.82-0.730.650.390.960.97
0.120.490.030.130.1-0.07-0.230.060.09-0.350.680.30.04-0.170.23-0.070.150.31-0.430.350.230.48-0.89-0.06-0.03
0.97-0.10.940.960.940.94-0.750.970.950.630.64-0.150.960.870.230.940.950.87-0.820.85-0.410.76-0.070.950.93
0.97-0.260.970.950.961.0-0.720.980.960.770.47-0.30.980.95-0.070.940.950.82-0.730.77-0.550.620.221.00.99
0.99-0.250.991.00.990.95-0.880.930.990.70.66-0.430.970.940.150.950.950.95-0.870.92-0.660.820.090.950.98
0.92-0.240.920.930.930.82-0.960.80.910.560.74-0.480.840.830.310.870.820.95-0.910.93-0.680.89-0.040.820.88
-0.850.17-0.81-0.86-0.84-0.730.88-0.75-0.84-0.48-0.720.38-0.79-0.72-0.43-0.82-0.73-0.87-0.91-0.890.54-0.860.22-0.73-0.79
0.88-0.210.890.920.890.77-0.890.760.910.560.75-0.480.850.820.350.850.770.920.93-0.89-0.660.92-0.030.790.84
-0.590.55-0.68-0.64-0.67-0.550.75-0.41-0.65-0.6-0.350.95-0.55-0.730.23-0.41-0.55-0.66-0.680.54-0.66-0.54-0.57-0.55-0.65
0.76-0.160.770.810.770.62-0.890.620.780.510.81-0.370.70.650.480.760.620.820.89-0.860.92-0.54-0.210.650.69
0.08-0.590.20.10.130.22-0.050.060.140.44-0.43-0.610.150.39-0.89-0.070.220.09-0.040.22-0.03-0.57-0.210.220.23
0.98-0.270.970.960.961.0-0.730.980.970.770.48-0.30.990.96-0.060.951.00.950.82-0.730.79-0.550.650.220.99
0.99-0.310.990.970.990.99-0.80.960.980.770.54-0.410.980.97-0.030.930.990.980.88-0.790.84-0.650.690.230.99
Click cells to compare fundamentals

Cavco Industries Account Relationship Matchups

Cavco Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets810.4M951.8M1.2B1.3B1.5B1.6B
Short Long Term Debt Total25.7M25.5M24.8M21.7M24.9M42.6M
Other Current Liab117.9M161.3M194.0M210.9M242.5M254.6M
Total Current Liabilities172.1M237.1M294.2M293.4M337.4M354.3M
Total Stockholder Equity607.6M683.6M830.5M976.3M1.1B1.2B
Property Plant And Equipment Net91.1M113.0M181.0M255.0M293.3M308.0M
Net Debt(216.1M)(296.7M)(219.4M)(249.7M)(224.8M)(213.5M)
Non Current Assets Total294.2M300.0M410.9M503.4M578.9M607.9M
Net Receivables90.6M104.3M149.3M150.4M173.0M181.6M
Common Stock Shares Outstanding9.3M9.3M9.3M8.9M10.3M8.6M
Liabilities And Stockholders Equity810.4M951.8M1.2B1.3B1.5B1.6B
Non Current Liabilities Total30.7M31.1M29.5M37.1M42.6M40.4M
Inventory113.5M131.2M244.0M263.2M302.6M317.8M
Other Current Assets42.2M57.8M86.6M92.9M106.8M112.1M
Other Stockholder Equity252.3M252.4M202.0M107.5M123.6M157.9M
Total Liab202.8M268.2M323.7M330.5M380.0M399.0M
Property Plant And Equipment Gross91.1M113.0M181.0M255.0M293.3M308.0M
Total Current Assets516.2M651.8M744.1M804.6M925.3M971.5M
Accumulated Other Comprehensive Income90K97K(403K)(615K)(553.5K)(525.8K)
Cash And Short Term Investments256.4M341.8M264.2M286.4M329.4M345.8M
Other Liab7.0M7.3M7.4M5.5M5.0M4.7M
Accounts Payable29.9M32.1M43.1M30.7M35.3M37.1M
Long Term Debt14.6M12.7M10.3M10.8M9.8M9.3M
Short Term Investments14.6M19.5M20.1M15.0M17.2M12.4M
Intangible Assets15.1M14.4M28.5M29.8M26.8M30.9M
Property Plant Equipment77.2M113.0M181.0M228.3M262.5M275.6M
Retained Earnings355.1M431.1M628.8M869.3M999.7M1.0B
Cash241.8M322.3M244.2M271.4M312.1M327.7M
Short Term Debt2.2M1.9M784K6.6M5.9M8.4M
Net Tangible Assets528.1M594.2M701.0M968.2M1.1B1.2B
Current Deferred Revenue22.1M41.8M56.3M45.2M52.0M27.4M
Retained Earnings Total Equity280.1M355.1M431.1M869.3M999.7M1.0B
Capital Surpluse249.4M252.3M253.8M272.0M312.7M249.7M
Deferred Long Term Liab7.0M7.3M7.4M7.6M6.8M11.0M
Long Term Investments112.6M35.0M34.9M99.7M89.7M74.8M

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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:
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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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
19.75
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.