National Beverage Corp (FIZZ)
Current ratio
| Apr 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 406,928 | 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 |
| Total current liabilities | US$ in thousands | 140,502 | 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 |
| Current ratio | 2.90 | 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 |
April 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $406,928K ÷ $140,502K
= 2.90
The current ratio of National Beverage Corp has demonstrated a generally positive trend over the analyzed period, indicating adequacy in short-term liquidity. Beginning at a stable level of 1.92 as of July–August 2022, the ratio increased to 2.02 in October 2022, reflecting an improved liquidity position. This upward trajectory continued into early 2023, reaching a notable peak of 2.58 in January, which suggests the company maintained a comfortable buffer of current assets over current liabilities.
Subsequent quarters showed a slight decline but remained strong, with the ratio slightly decreasing to 2.54 in April 2023, still signifying solid liquidity. The ratio further increased to 2.75 in July 2023, reaffirming an improved short-term financial health. The most significant increase occurred in October 2023, where the ratio climbed to 3.20, indicating an even greater margin of current assets relative to current liabilities. This could imply that the company was increasingly well-positioned to meet its short-term obligations at that time.
The upward trend continued into the early months of 2024, reaching 3.68 in January, suggesting an expanded liquidity cushion. However, a slight decrease was observed by April 2024, where the ratio declined to 3.89. After that period, the ratio experienced a sharp drop to 1.99 in July 2024, which, while lower than the previous peak, still exceeded the generally accepted threshold of 1.0 for adequate liquidity. Subsequently, the ratio showed an upward correction to 2.54 in October 2024, and further increased to 2.95 in January 2025, indicating ongoing improvements in short-term liquidity.
Overall, the data reveals that National Beverage Corp maintained a strong current ratio throughout the period, with periodic fluctuations likely reflecting operational adjustments or seasonal influences. The ratios largely remained well above 1.0, signifying that the company generally possessed sufficient current assets to cover its current liabilities and maintain operational flexibility.
Peer comparison
Apr 30, 2025