National Beverage Corp (FIZZ)
Interest coverage
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 120,092 | 183,499 | 185,847 | 236,154 | 214,820 | 197,135 | 198,509 | 211,306 | 226,229 | 229,356 | 223,906 | 205,236 | 186,566 | 184,640 | 182,714 | 184,758 | 186,802 | 185,150 | 178,923 | 173,141 |
| Interest expense (ttm) | US$ in thousands | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 726 | 1,452 | 1,934 | 2,416 | 1,776 | 1,136 | 738 | 340 | 411 | 325 | 241 |
| Interest coverage | — | — | — | — | — | — | — | — | — | 315.92 | 154.21 | 106.12 | 77.22 | 103.96 | 160.84 | 250.35 | 549.42 | 450.49 | 550.53 | 718.43 |
April 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $120,092K ÷ $0K
= —
The data indicates that National Beverage Corp's interest coverage ratio experienced significant fluctuations over the analyzed period. Notably, in late July 2022, the ratio was exceptionally high at approximately 718.43, suggesting an extremely strong ability to cover interest expenses at that time. This high level of coverage diminished substantially by the end of October 2022, declining to around 549.42, yet still reflecting a comfortable margin for interest payment obligations.
Throughout the subsequent months, the interest coverage ratio demonstrated a declining trend, reaching a low point of approximately 77.22 by the end of April 2023. This indicates that, while still positive, the company's capacity to cover interest expenses had weakened considerably when compared to earlier periods. The ratio then showed signs of improvement over the summer months, increasing to about 154.21 in late July 2023, suggesting some recovery in the company's ability to meet its interest obligations.
By late October 2023, the ratio was approximately 315.92, reflecting a strong interest coverage level comparable to earlier periods, although it was not available beyond that date. No data is provided beyond October 2023, and subsequent periods remain unreported or marked as unavailable.
In summary, the interest coverage ratio of National Beverage Corp exhibited a substantial decline from extremely high levels in mid-2022 to a low point in early 2023, followed by a partial recovery later in 2023. The pattern indicates periods of financial strain juxtaposed with times of strengthened interest coverage, underscoring variability in the company's ability to service its interest expenses over this timeframe.
Peer comparison
Apr 30, 2025