Hawkins Inc (HWKN)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 769,867 | 657,934 | 590,535 | 567,328 | 472,550 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $769,867K
= 0.00
Based on the provided data, Hawkins Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past five years. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 typically implies that the company has a strong financial position and is not heavily reliant on debt financing. It suggests that the company is able to fund its operations and investments predominantly through its equity and retained earnings. However, it is also worth noting that a zero debt-to-assets ratio may limit the company's ability to benefit from potential tax advantages associated with debt financing. Overall, Hawkins Inc's consistent debt-to-assets ratio of 0.00 reflects a conservative approach to capital structure management.
Peer comparison
Mar 31, 2025