National Beverage Corp (FIZZ)
Current ratio
| Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 536,872 | 489,146 | 456,483 | 431,473 | 366,405 | 323,918 | 298,675 | 253,844 | 274,520 | 236,744 | 450,484 | 423,012 | 364,942 | 313,194 | 565,285 | 527,118 | 460,712 | 406,977 | 384,553 | 366,781 |
| Total current liabilities | US$ in thousands | 137,927 | 133,097 | 142,550 | 156,831 | 144,321 | 125,522 | 147,702 | 132,064 | 145,319 | 119,480 | 139,758 | 153,346 | 147,194 | 130,617 | 139,994 | 149,665 | 141,688 | 109,164 | 108,146 | 117,429 |
| Current ratio | 3.89 | 3.68 | 3.20 | 2.75 | 2.54 | 2.58 | 2.02 | 1.92 | 1.89 | 1.98 | 3.22 | 2.76 | 2.48 | 2.40 | 4.04 | 3.52 | 3.25 | 3.73 | 3.56 | 3.12 |
April 27, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $536,872K ÷ $137,927K
= 3.89
The current ratio of National Beverage Corp has displayed fluctuations over the past 20 periods. The ratio has consistently been above 2, indicating a healthy liquidity position throughout the period. The current ratio reached a peak of 4.04 in October 2020, signaling a strong ability to cover short-term obligations with current assets. Despite some variations, the company has generally maintained a current ratio above 2, which is considered a favorable level in terms of liquidity and ability to meet short-term liabilities. Overall, the current ratio trend for National Beverage Corp suggests a strong liquidity position over the analyzed periods.
Peer comparison
Apr 27, 2024