Hawkins, Inc. — Earnings Quality Grade F
HWKN · Basic Materials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 49 days, change +4 days YoY
AR growth 15.1% exceeds revenue growth 6.0%
Revenue 6.0%, CFFO -30.3%. Cash follows revenue
Expense Quality
Inventory 11.9% vs COGS 3.2%. Normal
CapEx growth 2.4% vs revenue 6.0%. Normal
SG&A/Gross Profit = 47.2%. Normal
Gross margin 23.1%, change +2.1pp. Stable
Cash Flow Quality
CFFO/NI = 1.32. Profits backed by cash
FCF $0.1B, FCF/NI = 0.83
Accruals ratio = -3.5%. Low accruals
Cash $0.0B covers only 3% of debt $0.2B
Balance Sheet Health
Goodwill+Intangibles $0.3B = 62% of equity. Over 50%
Debt/EBITDA = 1.0x. Healthy
Other assets -24.1% vs revenue 6.0%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 30% YoY. Normal
Manipulation Score
M-Score = -2.58 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25