Hawkins Inc (HWKN)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 5,103 | 7,153 | 7,566 | 3,496 | 2,998 |
| Short-term investments | US$ in thousands | — | 32 | — | — | — |
| Receivables | US$ in thousands | 131,795 | 114,477 | 129,252 | 122,826 | 90,603 |
| Total current liabilities | US$ in thousands | 107,135 | 103,307 | 90,871 | 101,466 | 70,462 |
| Quick ratio | 1.28 | 1.18 | 1.51 | 1.24 | 1.33 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($5,103K
+ $—K
+ $131,795K)
÷ $107,135K
= 1.28
The quick ratio of Hawkins Inc has shown some fluctuations over the past five years. The ratio was 1.33 as of March 31, 2021, indicating that the company had $1.33 in liquid assets available to cover each dollar of current liabilities. However, by March 31, 2022, the quick ratio decreased to 1.24, suggesting a slight decrease in the company's ability to cover its short-term obligations with its most liquid assets.
In the following year, the quick ratio improved to 1.51 as of March 31, 2023, indicating a stronger liquidity position compared to the previous year. However, by March 31, 2024, the quick ratio declined to 1.18, signaling a potential strain on the company's ability to meet its short-term liabilities using its liquid assets.
As of March 31, 2025, the quick ratio slightly improved to 1.28. While the company still has an acceptable level of liquidity to cover its short-term obligations, the fluctuations in the quick ratio over the years suggest the need for close monitoring of the company's liquidity management practices to ensure continued financial stability.
Peer comparison
Mar 31, 2025