Hawkins Inc (HWKN)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 131,795 | 111,521 | 115,221 | 126,398 | 114,477 | 113,016 | 124,813 | 138,340 | 129,252 | 125,471 | 131,392 | 138,775 | 122,826 | 102,831 | 90,057 | 90,936 | 90,603 | 77,768 | 74,492 | 69,453 |
| 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 |
| Quick ratio | 1.28 | 1.42 | 1.33 | 1.38 | 1.18 | 1.49 | 1.44 | 1.54 | 1.51 | 1.55 | 1.49 | 1.64 | 1.24 | 1.67 | 1.35 | 1.45 | 1.33 | 1.45 | 1.32 | 1.30 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($5,103K
+ $—K
+ $131,795K)
÷ $107,135K
= 1.28
Hawkins Inc's quick ratio has shown some fluctuations over the years based on the provided data. The quick ratio, which measures the company's ability to meet its short-term obligations with its most liquid assets, was consistently above 1, indicating a healthy liquidity position.
The quick ratio started at 1.30 on June 30, 2020, and generally trended upward, reaching its peak at 1.67 on December 31, 2021. This indicates an improvement in the company's ability to cover its short-term liabilities with its quick assets.
However, there were periods of slight decline in the quick ratio, such as the decrease to 1.18 on March 31, 2024, before picking up again to 1.42 on December 31, 2024. These fluctuations could be attributed to changes in the company's assets and liabilities composition during those periods.
Overall, the quick ratio remained relatively stable and within a healthy range above 1, suggesting that Hawkins Inc has maintained a strong liquidity position throughout the analyzed period. Investors and stakeholders can be reassured by the company's ability to meet its short-term obligations with its readily available assets.
Peer comparison
Mar 31, 2025