National Beverage Corp (FIZZ)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 193,835 | 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 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 104,157 | 90,903 | 99,605 | 116,029 | 102,837 | 102,837 | 101,731 | 101,731 | 100,223 | 100,223 | 107,680 | 107,680 | 104,918 | 104,918 | 97,104 | 97,104 | 100,445 | 100,445 | 100,273 | 100,273 |
| 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 |
| Quick ratio | 2.12 | 2.01 | 1.66 | 1.31 | 3.12 | 3.12 | 2.85 | 2.85 | 2.44 | 2.44 | 2.11 | 2.11 | 1.82 | 1.82 | 1.72 | 1.72 | 1.31 | 1.31 | 1.18 | 1.18 |
April 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($193,835K
+ $—K
+ $104,157K)
÷ $140,502K
= 2.12
The historical quick ratio data for National Beverage Corp indicates a steady upward trend over the analyzed period. Starting from a ratio of 1.18 in late July 2022, the quick ratio increased consistently, reaching a peak of approximately 3.12 by April 2024. This progression signifies an enhancement in the company's short-term liquidity position, suggesting improved ability to meet its immediate liabilities with its most liquid assets, excluding inventory.
The ratio experienced fluctuations, but the overall trajectory was positive, reflecting effective management of liquid assets relative to current liabilities. Notably, the quick ratio remained well above 1 throughout the period, indicating that the company generally maintained a comfortable buffer to cover its short-term obligations without relying on inventory sales.
In the more recent months, there is a slight decline from the peak of 3.12 in April 2024 to about 1.66 in October 2024, which may suggest a normalization or slight reduction in liquid assets, or an increase in current liabilities. Nevertheless, the ratio remained above 1. indicating ongoing liquidity strength.
Subsequently, the ratio increased again to approximately 2.01 by January 2025, evidencing a renewed strengthening of liquidity. The latest data point at April 2025 shows a ratio of about 2.12, sustaining strong short-term liquidity levels.
Overall, the trend reflects consistent improvement in liquidity measures, positioning National Beverage Corp favorably in terms of short-term financial health and resilience against liquidity risks over the period analyzed.
Peer comparison
Apr 30, 2025