Hawkins Inc (HWKN)
Financial leverage ratio
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 769,867 | 657,934 | 590,535 | 567,328 | 472,550 |
Total stockholders’ equity | US$ in thousands | 460,292 | 406,026 | 350,016 | 302,601 | 265,246 |
Financial leverage ratio | 1.67 | 1.62 | 1.69 | 1.87 | 1.78 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $769,867K ÷ $460,292K
= 1.67
Hawkins Inc's financial leverage ratio has shown some fluctuations over the past five years. It increased from 1.78 in March 2021 to 1.87 in March 2022, suggesting an increase in financial leverage during that period. However, in the subsequent years, the ratio declined to 1.69 in March 2023, further dropping to 1.62 in March 2024. This downward trend indicates a reduction in the company's reliance on debt to finance its operations. By March 2025, the ratio slightly increased to 1.67, suggesting a potential shift in the company's capital structure. Overall, fluctuations in the financial leverage ratio may indicate changes in Hawkins Inc's risk profile and financial strategy over the analyzed period.
Peer comparison
Mar 31, 2025