National Beverage Corp (FIZZ)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 185,781 | 189,859 | 183,814 | 166,626 | 166,693 | 166,760 | 176,799 | 186,838 | 179,353 | 171,868 | 156,598 | 141,328 | 141,071 | 140,814 | 141,907 | 143,000 | 141,298 | 136,320 | 131,934 | 135,764 |
| 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 |
| ROA | 31.28% | 34.06% | 35.17% | 21.64% | 21.64% | 23.16% | 24.56% | 27.77% | 26.65% | 26.84% | 24.45% | 24.61% | 24.56% | 26.75% | 26.96% | 28.59% | 28.25% | 29.92% | 28.96% | 29.02% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $185,781K ÷ $594,020K
= 31.28%
Based on the provided data, the return on assets (ROA) of National Beverage Corp has shown some fluctuations over the reported periods. The ROA values range from as high as 35.17% in July 31, 2024, to as low as 21.64% in April 27, 2024 and April 30, 2024. The ROA percentage decreased over time from around 29% in the earlier periods to around 21-24% in the middle periods, followed by an increase to above 30% in the most recent periods, specifically in July 31, 2024, and January 31, 2025.
These fluctuations in the ROA indicate varying levels of efficiency in generating profits from the assets held by National Beverage Corp. It is important for the company to closely monitor and manage its asset utilization to ensure sustainable and profitable operations. The increasing trend towards the later periods may suggest improvements in asset management efficiency or profitability, but a more stable performance over time would be desirable for long-term sustainability.
Peer comparison
Jan 31, 2025