Hawkins Inc (HWKN)
Debt-to-equity ratio
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 88,818 | 109,797 | 49,775 | 78,353 | 101,731 | 120,710 | 130,688 | 149,166 | 115,644 | 105,915 | 73,891 | 85,868 | 88,845 | 85,821 | 65,798 | 55,775 | 49,751 | 57,728 | 64,705 | 74,682 |
| Total stockholders’ equity | US$ in thousands | 406,026 | 393,754 | 382,656 | 371,001 | 350,016 | 341,160 | 331,414 | 313,277 | 302,601 | 291,694 | 284,313 | 275,205 | 265,246 | 256,915 | 254,637 | 243,429 | 233,484 | 232,211 | 229,435 | 223,392 |
| Debt-to-equity ratio | 0.22 | 0.28 | 0.13 | 0.21 | 0.29 | 0.35 | 0.39 | 0.48 | 0.38 | 0.36 | 0.26 | 0.31 | 0.33 | 0.33 | 0.26 | 0.23 | 0.21 | 0.25 | 0.28 | 0.33 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $88,818K ÷ $406,026K
= 0.22
The debt-to-equity ratio of Hawkins Inc has fluctuated over the past few quarters, ranging from 0.13 to 0.48. The ratio indicates the proportion of debt used to finance the company's assets relative to shareholders' equity. A lower ratio typically suggests a lower financial risk and indicates that the company relies more on equity financing. Conversely, a higher ratio may signal higher financial risk due to increased reliance on debt.
In the most recent quarter, as of March 31, 2024, the debt-to-equity ratio was 0.22, indicating a moderate level of debt compared to equity. This suggests a relatively balanced approach to financing the company's operations. It is important to continue monitoring the trend in the debt-to-equity ratio over time to assess the company's financial leverage and risk profile.
Peer comparison
Mar 31, 2024