Zacks tags Cavco in housing ranks for current ratio

Cavco_Industries_corp_logo_posted_on_Manufactured_Home_Marketing_Sales_Management_(,_MHProNewsZacks reports that among five home-building companies tracked, the following have the lowest Current Ratios. The Current Ratio is used to get a sense of how quickly a company can repay its short term liabilities with its short term assets. Higher current ratios means the more capable the firm is of repaying its obligations. Cavco Industries – which builds HUD Code, Modular and park model homes – ranks lowest with Current Ratio of 1.80; Pulte Homes ranks next with Current Ratio of 3.11; and Hovnanian Enterprises ranks next lowest with Current Ratio of 3.66. KB Home follows with Current Ratio of 3.74 and NVR has a Current Ratio of 4.11.


(Editor’s note: Cavco Industries are among the manufactured housing firms tracked in our Daily Business News stock market report, available by 4 PM CDT every business day.)

(Graphic credit: Cavco logo)

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