National Beverage Corp (FIZZ)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 559,512 | 372,487 | 239,438 | 355,997 | 452,337 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 |
April 27, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $559,512K)
= 0.00
The debt-to-capital ratio of National Beverage Corp has shown some fluctuation over the past five years. In 2022, the ratio was 0.11, indicating that the company had a level of debt representing 11% of its total capital. However, in the surrounding years (2021, 2020, and 2024), the ratio was 0.00, suggesting either minimal or no debt in relation to the company's capital structure. This variability in the debt-to-capital ratio may imply that the company has been managing its debt levels strategically over the years. Further analysis of the company's debt management policies and capital structure changes would provide a more comprehensive understanding of this metric.
Peer comparison
Apr 27, 2024