Hawkins Inc (HWKN)
Solvency ratios
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.67 | 1.55 | 1.56 | 1.67 | 1.66 | 1.64 | 1.50 | 1.60 | 1.69 | 1.74 | 1.81 | 1.90 | 1.87 | 1.79 | 1.68 | 1.73 | 1.78 | 1.74 | 1.66 | 1.64 |
Hawkins Inc exhibits strong solvency ratios based on the provided data. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have consistently remained at 0.00 over the entire reporting period, indicating that the company has not relied on debt to finance its operations and has a strong financial position with minimal reliance on external financing.
The Financial leverage ratio, which indicates the proportion of the company's assets that are financed by debt versus equity, has shown fluctuations but generally stayed within a manageable range between 1.50 and 1.90. This suggests that the company has maintained a healthy balance between debt and equity in its capital structure, avoiding excessive leverage that could potentially jeopardize its solvency.
Overall, Hawkins Inc's solvency ratios reflect a conservative financial management approach, with a low level of financial risk and a solid foundation to meet its obligations and sustain its operations in the long term.
Coverage ratios
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 17.62 | 22.31 | 22.09 | 25.27 | 24.32 | 23.53 | 20.92 | 15.90 | 15.47 | 18.03 | 24.88 | 38.05 | 50.38 | 50.64 | 45.93 | 44.05 | 39.07 | 32.25 | 26.38 | 20.58 |
Hawkins Inc's interest coverage ratio has shown a generally positive trend over the past few years, indicating the company's ability to meet its interest obligations with ease. The interest coverage ratio, which measures the company's ability to pay interest on its debt, has consistently improved from 20.58 in June 2020 to a peak of 50.64 in December 2021.
However, there was a slight decline in the interest coverage ratio in the most recent quarters, dropping to 17.62 in March 2025. This decline may raise some concerns about the company's ability to comfortably cover its interest expenses moving forward.
It is important for stakeholders to closely monitor this ratio in the upcoming quarters to assess whether this decline is a temporary fluctuation or a potential indicator of financial strain. A lower interest coverage ratio may suggest that the company is taking on more debt relative to its earnings, which could increase its financial risk.