Relatively Low Debt-to-Capital Ratio Detected in Shares of Cavco Industries in the Homebuilding Industry (CVCO, BLD, PHM, NVR, DHI)
Below are the three companies in the Homebuilding industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.
Cavco Industries ranks lowest with a a Debt-to-Capital ratio of 16.4%. Following is Baldwin Technology with a a Debt-to-Capital ratio of 18.8%. Pulte Homes ranks third lowest with a a Debt-to-Capital ratio of 32.4%.
NVR Inc follows with a a Debt-to-Capital ratio of 32.6%, and DR Horton rounds out the bottom five with a a Debt-to-Capital ratio of 36.1%.
SmarTrend recommended that its subscribers protect gains by selling shares of DR Horton on August 4th, 2016 by issuing a Downtrend alert when the shares were trading at $32.06. Since that call, shares of DR Horton have fallen 9.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest debt-to-capital ratio cavco industries baldwin technology Pulte Homes nvr inc DR Horton