Hawkins Inc (HWKN)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 5,103 | 7,153 | 7,566 | 3,496 | 2,998 |
| Short-term investments | US$ in thousands | — | 32 | — | — | — |
| Total current liabilities | US$ in thousands | 107,135 | 103,307 | 90,871 | 101,466 | 70,462 |
| Cash ratio | 0.05 | 0.07 | 0.08 | 0.03 | 0.04 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($5,103K
+ $—K)
÷ $107,135K
= 0.05
The cash ratio of Hawkins Inc has shown fluctuations over the past five years. In March 2021, the cash ratio was 0.04, indicating that the company had $0.04 of cash for every $1 of current liabilities. This ratio decreased slightly to 0.03 in March 2022, suggesting a tighter liquidity position. However, there was a significant improvement in the cash ratio in March 2023, reaching 0.08, indicating the company had strengthened its ability to cover its short-term obligations with cash.
Subsequently, in March 2024, the cash ratio decreased to 0.07, but remained relatively strong compared to the previous year. Lastly, in March 2025, the cash ratio dropped to 0.05, showing a slight decline in the company's cash position relative to its current liabilities.
Overall, while the cash ratio of Hawkins Inc has fluctuated, it is essential for the company to maintain a healthy cash position to meet its short-term obligations effectively and sustain its liquidity position.
Peer comparison
Mar 31, 2025