National Beverage Corp (FIZZ)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 149,222 | 112,837 | 77,040 | 327,047 | 327,047 | 276,961 | 276,961 | 247,679 | 247,679 | 222,769 | 222,769 | 158,074 | 158,074 | 118,324 | 118,324 | 92,626 | 92,626 | 56,061 | 56,061 | 48,050 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | — | — | — | — | 102,837 | — | 101,731 | — | 100,223 | — | 107,680 | — | 104,918 | — | 97,104 | — | 100,445 | — | 100,273 | — |
| 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 |
| Quick ratio | 1.25 | 0.88 | 0.52 | 2.37 | 3.12 | 2.08 | 2.85 | 1.74 | 2.44 | 1.42 | 2.11 | 1.10 | 1.82 | 0.94 | 1.72 | 0.63 | 1.31 | 0.42 | 1.18 | 0.33 |
January 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($149,222K
+ $—K
+ $—K)
÷ $119,614K
= 1.25
The quick ratio of National Beverage Corp has shown fluctuations over the given periods. The quick ratio measures the company's ability to meet its short-term obligations with its most liquid assets.
From April 30, 2022, to January 31, 2025, the quick ratio ranged from a low of 0.33 to a high of 3.12. The ratio below 1 indicates that the company may have difficulty meeting its short-term obligations using only its quick assets, while a ratio above 1 signifies a stronger ability to cover these obligations.
The quick ratio improved significantly from July 31, 2024, to April 27, 2024, peaking at 3.12. However, there was a notable decrease in the ratio by the following quarter at April 30, 2024.
Overall, the trend in the quick ratio suggests that the company's liquidity position has experienced fluctuations, indicating variations in its short-term assets and liabilities. It is important for stakeholders to monitor this ratio closely to assess the company's short-term liquidity and financial health.
Peer comparison
Jan 31, 2025