Hawkins Inc (HWKN)
Interest coverage
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 105,427 | 87,816 | 71,383 | 57,318 |
| Interest expense | US$ in thousands | 5,432 | 4,282 | 5,234 | 1,404 | 1,467 |
| Interest coverage | 0.00 | 24.62 | 16.78 | 50.84 | 39.07 |
March 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $—K ÷ $5,432K
= 0.00
Hawkins Inc's interest coverage ratio has shown variation over the past five years. The interest coverage ratio measures the company's ability to meet its interest payments on outstanding debt. In March 2023, the interest coverage ratio dropped to 16.78, indicating a decrease in the company's ability to cover its interest expenses from its earnings. However, by March 2024, the ratio improved to 24.62, suggesting a recovery in the company's ability to cover interest obligations. It is worth noting that by March 2025, the interest coverage ratio dropped to 0.00, indicating a significant decline and potentially raising concerns about Hawkins Inc's ability to meet its interest payments solely from operating earnings. Overall, the trend in Hawkins Inc's interest coverage ratio reflects a mix of performance levels with fluctuations in its ability to manage interest expenses over the years.
Peer comparison
Mar 31, 2025