National Beverage Corp (FIZZ)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 230,884 | 233,232 | 225,672 | 204,338 | 205,712 | 207,086 | 219,883 | 234,806 | 229,356 | 223,906 | 205,236 | 186,566 | 184,640 | 182,714 | 184,758 | 186,802 | 185,150 | 178,923 | 173,141 | 178,224 |
| Total assets | US$ in thousands | 594,020 | 557,440 | 522,572 | 770,153 | 770,153 | 719,880 | 719,880 | 672,886 | 672,886 | 640,407 | 640,407 | 574,342 | 574,342 | 526,394 | 526,394 | 500,122 | 500,122 | 455,545 | 455,545 | 467,804 |
| Operating ROA | 38.87% | 41.84% | 43.18% | 26.53% | 26.71% | 28.77% | 30.54% | 34.90% | 34.09% | 34.96% | 32.05% | 32.48% | 32.15% | 34.71% | 35.10% | 37.35% | 37.02% | 39.28% | 38.01% | 38.10% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $230,884K ÷ $594,020K
= 38.87%
The operating return on assets (operating ROA) for National Beverage Corp has shown some fluctuations over the periods analyzed.
- The operating ROA ranged from a high of 43.18% on July 31, 2024, to a low of 26.53% on April 30, 2024.
- There appears to be some volatility in the operating ROA, with fluctuations observed from quarter to quarter.
- The operating ROA was relatively stable around the mid-30% range in the earlier periods but saw more variation in the later periods.
- The company's operating ROA has generally been above 30% in most of the periods analyzed, indicating that the company is generating a healthy return from its assets.
- However, the downward trend in the operating ROA from January 31, 2024, to January 31, 2025, raises some concerns and may warrant further investigation into the company's operational efficiency and asset utilization.
Overall, National Beverage Corp's operating ROA reflects varying performance levels over time, with periods of both strength and potential areas for improvement.
Peer comparison
Jan 31, 2025