Cavco Other Liab vs Good Will Analysis
| CVCO Stock | USD 374.68 0.47 0.13% |
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 Other Liab and its Good Will 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.
Other Liab vs Good Will
Other Liab vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cavco Industries Other Liab account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cavco Industries' Other Liab and Good Will is -0.48. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Good Will 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' Other Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Cavco Industries are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Liab i.e., Cavco Industries' Other Liab and Good Will go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Liab
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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 21st 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 |
Cavco Industries fundamental ratios Correlations
Click cells to compare fundamentals
Cavco Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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Try AI Portfolio ArchitectCheck 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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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 19.76 | 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.