Hawkins Inc (HWKN)
Cash ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 5,103 | 8,305 | 7,526 | 8,887 | 7,153 | 5,741 | 10,974 | 7,050 | 7,566 | 6,146 | 3,924 | 5,995 | 3,496 | 23,438 | 6,802 | 5,222 | 2,998 | 7,969 | 3,160 | 4,510 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 107,135 | 84,254 | 92,341 | 97,992 | 103,307 | 79,678 | 94,462 | 94,303 | 90,871 | 84,880 | 90,851 | 88,163 | 101,466 | 75,535 | 71,549 | 66,512 | 70,462 | 59,032 | 58,758 | 56,681 |
| Cash ratio | 0.05 | 0.10 | 0.08 | 0.09 | 0.07 | 0.07 | 0.12 | 0.07 | 0.08 | 0.07 | 0.04 | 0.07 | 0.03 | 0.31 | 0.10 | 0.08 | 0.04 | 0.13 | 0.05 | 0.08 |
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 fluctuated over the past few years based on the provided data. The cash ratio measures the company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a stronger ability to cover short-term obligations.
On June 30, 2019, the cash ratio was 0.08, indicating that for every dollar of current liabilities, the company had $0.08 in cash and cash equivalents. The ratio decreased to 0.05 on September 30, 2019, before increasing to 0.13 on December 31, 2019, showing an improvement in the company's liquidity position.
However, the ratio dropped to 0.04 on March 31, 2020, but rebounded to 0.08 on June 30, 2020. The company maintained a relatively stable cash ratio through September 30, 2021, ranging from 0.05 to 0.10.
On December 31, 2021, there was a notable increase in the cash ratio to 0.31, indicating a significant increase in the company's ability to cover short-term obligations with cash on hand. The ratio decreased to 0.03 on March 31, 2022, before increasing again to 0.07 on June 30, 2022.
The cash ratio fluctuated within a narrow range between 0.04 to 0.12 from September 30, 2022, to September 30, 2023. By December 31, 2023, the ratio was 0.07, remaining stable through June 30, 2024, at 0.07.
By September 30, 2024, the cash ratio increased to 0.12, indicating an improvement in the company's liquidity position. The ratio slightly decreased to 0.10 on December 31, 2024, and further dropped to 0.05 on March 31, 2025, suggesting a decreased ability to cover short-term liabilities with cash on hand.
Overall, the analysis of Hawkins Inc's cash ratio indicates fluctuations in the company's liquidity position over the years, with some periods of improvement and others showing a decline in the ability to cover short-term obligations with available cash and cash equivalents. It is essential for stakeholders to monitor these fluctuations to understand the company's liquidity risk and financial health.
Peer comparison
Mar 31, 2025