National Beverage Corp (FIZZ)

The solvency ratios of National Beverage Corp indicate a strong financial position with consistently low levels of debt relative to assets, capital, and equity. The debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio have all been at 0.00% across the years provided, indicating that the company operates with minimal debt obligations compared to its total assets, capital, and equity.

Additionally, the financial leverage ratio has shown a decreasing trend over the years, starting at 1.95 in April 30, 2022, and declining to 1.38 by April 30, 2024. This downward trend in the financial leverage ratio signifies that the company has been reducing its reliance on debt financing in relation to its equity, which is a positive indication of financial stability and long-term sustainability.

Overall, based on these solvency ratios, National Beverage Corp appears to be in a sound financial position with a conservative approach to debt management and a healthy capital structure.

---

Coverage ratios

National Beverage Corp's interest coverage ratio has shown a consistent and strong trend over the years, with values increasing from 677.13 in April 30, 2022, to 771.42 in both April 29, 2023, and April 30, 2023. This indicates the company has been effectively generating income to cover its interest expenses, reflecting a healthy financial position. However, the data is not available for April 27, 2024, and April 30, 2024. It would be important to monitor future interest coverage ratios to ensure the company's ability to meet its interest obligations remains robust.