National Beverage Corp (FIZZ)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 132,922 | 185,847 | 236,154 | 214,820 | 197,135 | 198,509 | 211,306 | 226,229 | 229,356 | 223,906 | 205,236 | 186,566 | 184,640 | 182,714 | 184,758 | 186,802 | 185,150 | 178,923 | 173,141 | 178,224 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | 0 | — | 0 | — | 0 | — | 0 | — |
| Total stockholders’ equity | US$ in thousands | 400,236 | 360,144 | 306,596 | 559,512 | 559,512 | 510,221 | 510,221 | 467,170 | 467,170 | 422,075 | 422,075 | 372,487 | 372,487 | 339,504 | 339,504 | 295,115 | 295,115 | 264,106 | 264,106 | 239,438 |
| Return on total capital | 33.21% | 51.60% | 77.02% | 38.39% | 35.23% | 38.91% | 41.41% | 48.43% | 49.09% | 53.05% | 48.63% | 50.09% | 49.57% | 53.82% | 54.42% | 63.30% | 62.74% | 67.75% | 65.56% | 74.43% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $132,922K ÷ ($—K + $400,236K)
= 33.21%
Return on total capital is a key financial ratio that measures a company's efficiency in generating returns from the capital invested in the business. National Beverage Corp's return on total capital has shown fluctuations over the periods provided in the data.
From April 30, 2022, to January 31, 2023, the return on total capital declined gradually from 74.43% to 53.82%. This decrease may indicate a potential decline in the company's profitability and effectiveness in utilizing its total capital during this period.
However, there was a slight improvement in the ratio by April 30, 2023, where it increased to 50.09%. Subsequently, the ratio fluctuated further, reaching a low of 35.23% on April 27, 2024. This significant drop may suggest challenges in efficiently deploying capital to generate optimal returns during that period.
A notable spike in return on total capital was observed on July 31, 2024, reaching 77.02%. This sharp increase indicates a potential improvement in the company's profitability and efficiency in utilizing its total capital during that specific period.
By January 31, 2025, the return on total capital decreased to 33.21%, signaling a decline in the company's ability to generate returns from its total capital investment, which may warrant further analysis to identify underlying reasons for this downtrend.
Overall, National Beverage Corp's return on total capital exhibited variability over the periods outlined in the data, showcasing fluctuations in the company's efficiency in generating returns from the capital deployed in its operations.
Peer comparison
Jan 31, 2025