Hawkins Inc (HWKN)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 230,691 | 210,355 | 209,875 | 221,987 | 202,826 | 195,004 | 207,253 | 226,455 | 232,044 | 240,248 | 251,575 | 253,622 | 227,738 | 209,478 | 169,675 | 167,772 | 163,007 | 155,469 | 142,581 | 140,405 |
| 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 |
| Current ratio | 2.15 | 2.50 | 2.27 | 2.27 | 1.96 | 2.45 | 2.19 | 2.40 | 2.55 | 2.83 | 2.77 | 2.88 | 2.24 | 2.77 | 2.37 | 2.52 | 2.31 | 2.63 | 2.43 | 2.48 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $230,691K ÷ $107,135K
= 2.15
The current ratio of Hawkins Inc has shown some fluctuations over the past few years. The ratio measures the company's ability to pay off its short-term liabilities with its current assets. Looking at the data provided, the current ratio ranged from a low of 1.96 on March 31, 2024, to a high of 2.88 on June 30, 2022.
A current ratio of above 1 indicates that Hawkins Inc has more current assets than current liabilities, which is generally considered a positive sign of financial health. In this case, the company has consistently maintained a current ratio above 2, demonstrating a good level of liquidity and ability to cover short-term obligations.
The fluctuations in the current ratio over the years could be due to various factors such as changes in asset and liability composition, sales trends, or management of working capital. It is important for stakeholders to monitor these changes and assess the company's ability to meet its short-term obligations effectively.
Overall, Hawkins Inc's current ratio indicates that the company has maintained a strong liquidity position and is in a good position to meet its short-term financial obligations.
Peer comparison
Mar 31, 2025