National Beverage Corp (FIZZ)
Debt-to-assets ratio
| Apr 27, 2024 | Apr 29, 2023 | Apr 30, 2022 | May 1, 2021 | May 2, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 0 | 30,000 | 0 | — |
| Total assets | US$ in thousands | 770,153 | 574,342 | 467,804 | 557,237 | 648,646 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 |
April 27, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $770,153K
= 0.00
The debt-to-assets ratio for National Beverage Corp has fluctuated over the past five years. In 2024 and 2023, the company had a debt-to-assets ratio of 0.00, indicating that it had no debt relative to its total assets during those years. In 2022, the ratio increased to 0.06, suggesting that the company had a small amount of debt in relation to its assets. However, in 2021 and 2020, the ratio returned to 0.00, indicating a low or no debt level compared to total assets. Overall, the company has maintained a strong financial position with minimal or no debt burden on its assets in recent years.
Peer comparison
Apr 27, 2024
Company name
Symbol
Debt-to-assets ratio
National Beverage Corp
FIZZ
0.00
Celsius Holdings Inc
CELH
0.00
Coca-Cola Consolidated Inc.
COKE
0.14
Monster Beverage Corp
MNST
0.00