National Beverage Corp (FIZZ)
Debt-to-capital ratio
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | 0 | — |
| Total stockholders’ equity | US$ in thousands | 559,512 | 559,512 | 372,487 | 372,487 | 239,438 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
April 30, 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 for National Beverage Corp has consistently remained at 0.00 over the past several years, based on the data provided. This indicates that the company has been using minimal to zero debt in its capital structure relative to its total capital. A low or zero debt-to-capital ratio typically suggests that the company is not heavily reliant on borrowed funds to finance its operations and growth. It also implies a lower financial risk and potentially greater financial stability, as the company is not burdened by significant debt obligations. Overall, National Beverage Corp's consistent 0.00 debt-to-capital ratio reflects a conservative debt management strategy and a strong financial position.
Peer comparison
Apr 30, 2024