National Beverage Corp (FIZZ)
Debt-to-assets ratio
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | 0 | — |
| Total assets | US$ in thousands | 770,153 | 770,153 | 574,342 | 574,342 | 467,804 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $770,153K
= 0.00
The debt-to-assets ratio of National Beverage Corp has consistently remained at 0.00 over the past five years, indicating that the company has not relied on debt to finance its assets during this period. This suggests that the company has a strong financial position with a low level of debt relative to its assets. A debt-to-assets ratio of 0.00 signifies that creditors have very little influence or claim over the company's assets, which may imply lower financial risk and greater financial stability for National Beverage Corp.
Peer comparison
Apr 30, 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
0.00
Monster Beverage Corp
MNST
0.00