National Beverage Corp (FIZZ)
Debt-to-assets ratio
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 0 |
| Total assets | US$ in thousands | 672,860 | 770,153 | 770,153 | 574,342 | 574,342 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $672,860K
= 0.00
The debt-to-assets ratio for National Beverage Corp remains consistently at 0.00 across all reported dates: April 29, 2023; April 30, 2023; April 27, 2024; April 30, 2024; and April 30, 2025. This indicates that the company has no reported debt obligations relative to its total assets during these periods. Such a consistent ratio suggests an absence of interest-bearing debt on the balance sheets, reflecting a solid financial position characterized by reliance solely on equity and other non-debt liabilities. It also implies that the company's capital structure is entirely equity-financed, which could reduce financial risk but may also limit leverage-driven growth opportunities. This zero debt-to-assets profile is noteworthy and somewhat uncommon among firms in the beverage industry, potentially signaling prudent financial management or specific strategic financial policies.
Peer comparison
Apr 30, 2025