National Beverage Corp (FIZZ)
Debt-to-assets ratio
| Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 0 | 0 | 0 | 0 | 30,000 | 50,000 | — | — | 0 | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 770,153 | 719,880 | 672,886 | 640,407 | 574,342 | 526,394 | 500,122 | 455,545 | 467,804 | 428,273 | 635,428 | 612,686 | 557,237 | 497,476 | 751,043 | 711,661 | 648,646 | 589,310 | 566,815 | 550,212 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 of National Beverage Corp has shown a relatively stable trend of 0.00 for the majority of the periods analyzed. There was a slight increase in the ratio to 0.06 in April 30, 2022, and further to 0.12 in January 29, 2022. However, these increases were minor and the company quickly brought the ratio back down to 0.00 in subsequent periods. Overall, the company maintains a very low level of debt relative to its assets, indicating a strong financial position with minimal reliance on debt financing for operations.
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