National Beverage Corp (FIZZ)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 559,512 | 510,221 | 467,170 | 422,075 | 372,487 | 339,504 | 295,115 | 264,106 | 239,438 | 206,250 | 446,846 | 408,290 | 355,997 | 316,016 | 558,076 | 508,940 | 452,337 | 422,202 | 399,513 | 366,236 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.20 | 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-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 remained relatively stable at 0.00 for most of the past quarters, indicating that the company has not relied heavily on debt to finance its operations and investments. However, there was a slight increase in the ratio to 0.11 in April 2022 and further to 0.20 in January 2022, suggesting that the company may have taken on some debt in those periods relative to its capital structure. Overall, the low debt-to-capital ratio signifies that the company has a conservative approach to leveraging and managing its debt levels, which can be viewed positively by investors and creditors.
Peer comparison
Apr 27, 2024