Hawkins Inc (HWKN)

Current ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Total current assets US$ in thousands 230,691 202,826 232,044 227,738 163,007
Total current liabilities US$ in thousands 107,135 103,307 90,871 101,466 70,462
Current ratio 2.15 1.96 2.55 2.24 2.31

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $230,691K ÷ $107,135K
= 2.15

Hawkins Inc's current ratio has shown fluctuations over the past five years, ranging from a low of 1.96 on March 31, 2024, to a high of 2.55 on March 31, 2023. The current ratio measures the company's ability to cover its short-term obligations with its current assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally seen as a positive indicator of financial health. Hawkins Inc's current ratio has generally been above 2, reflecting a healthy liquidity position. However, the slight decrease in the current ratio from 2.55 in 2023 to 2.15 in 2025 may suggest a potential decrease in liquidity or an increase in short-term obligations, warranting further investigation into the company's financial management.


Peer comparison

Mar 31, 2025

Company name
Symbol
Current ratio
Hawkins Inc
HWKN
2.15
Ashland Global Holdings Inc
ASH
2.44