National Beverage Corp (FIZZ)
Current ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 352,570 | 324,891 | 293,214 | 536,872 | 536,872 | 489,146 | 489,146 | 456,483 | 456,483 | 431,473 | 431,473 | 366,405 | 366,405 | 323,918 | 323,918 | 298,675 | 298,675 | 253,844 | 253,844 | 274,520 |
| Total current liabilities | US$ in thousands | 119,614 | 128,111 | 147,482 | 137,927 | 137,927 | 133,097 | 133,097 | 142,550 | 142,550 | 156,831 | 156,831 | 144,321 | 144,321 | 125,522 | 125,522 | 147,702 | 147,702 | 132,064 | 132,064 | 145,319 |
| Current ratio | 2.95 | 2.54 | 1.99 | 3.89 | 3.89 | 3.68 | 3.68 | 3.20 | 3.20 | 2.75 | 2.75 | 2.54 | 2.54 | 2.58 | 2.58 | 2.02 | 2.02 | 1.92 | 1.92 | 1.89 |
January 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $352,570K ÷ $119,614K
= 2.95
The current ratio of National Beverage Corp has shown fluctuations over the periods provided in the data. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A higher current ratio indicates a better ability to cover short-term liabilities.
From April 2022 to January 2023, the current ratio showed a steady increase from 1.89 to 2.58, indicating improved short-term liquidity. However, there was a slight decrease to 2.54 in April 2023 before rising again to 2.75 in July 2023, and further to 3.20 in October 2023, showing significantly enhanced liquidity levels during these periods.
The company's liquidity position peaked at 3.68 in January 2024, demonstrating a robust ability to cover short-term obligations. Subsequently, the current ratio declined to 3.89 in April 2024, indicating a possible increase in short-term liabilities compared to current assets. The ratio then decreased notably to 1.99 in July 2024 before recovering to 2.54 in October 2024 and further to 2.95 in January 2025.
Overall, the current ratio of National Beverage Corp has displayed fluctuations, with periods of significant improvement and slight declines in short-term liquidity. It is important for the company to maintain a healthy current ratio to ensure it can meet its short-term financial obligations effectively.
Peer comparison
Jan 31, 2025