Hawkins Inc (HWKN)
Return on total capital
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 104,036 | 88,150 | 71,194 | 55,878 | 41,671 |
| Long-term debt | US$ in thousands | 88,818 | 101,731 | 115,644 | 88,845 | 49,751 |
| Total stockholders’ equity | US$ in thousands | 406,026 | 350,016 | 302,601 | 265,246 | 233,484 |
| Return on total capital | 21.02% | 19.51% | 17.02% | 15.78% | 14.71% |
March 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $104,036K ÷ ($88,818K + $406,026K)
= 21.02%
Hawkins Inc's return on total capital has been steadily increasing over the past five years, reflecting a positive trend in the company's ability to generate value from its total invested capital. The return on total capital has improved from 14.71% in March 2020 to 21.02% in March 2024, indicating a consistent growth in profitability relative to the capital employed in the business. This indicates that Hawkins Inc has been effectively utilizing its capital to generate returns for its investors. The increasing trend suggests that the company's operational efficiency and financial performance have been improving over the years, which may be a positive indicator of overall financial health and management effectiveness.
Peer comparison
Mar 31, 2024