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