National Accounts Payable vs Property Plant And Equipment Net Analysis

FIZZ Stock  USD 47.37  0.01  0.02%   
National Beverage financial indicator trend analysis is infinitely more than just investigating National Beverage Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Beverage Corp is a good investment. Please check the relationship between National Beverage Accounts Payable and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Beverage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Property Plant And Equipment Net

Accounts Payable vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Beverage's Accounts Payable and Property Plant And Equipment Net is 0.89. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of National Beverage Corp, assuming nothing else is changed. The correlation between historical values of National Beverage's Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of National Beverage Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., National Beverage's Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents National Beverage obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of National Beverage Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from National Beverage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Beverage Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Beverage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, National Beverage's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 18.08 in 2024, whereas Selling General Administrative is likely to drop slightly above 87.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit417.8M396.8M169.9M227.1M
Total Revenue1.1B1.2B575.2M667.6M

National Beverage fundamental ratios Correlations

0.170.940.940.970.9-0.760.970.880.870.89-0.170.870.87-0.220.050.80.18-0.240.740.610.98-0.09-0.370.30.65
0.170.330.230.080.230.10.080.170.080.240.790.080.12-0.040.460.22-0.05-0.790.370.290.130.330.45-0.590.03
0.940.330.940.850.95-0.580.860.820.760.950.060.760.77-0.060.280.780.29-0.350.850.660.87-0.13-0.150.10.65
0.940.230.940.850.97-0.540.840.950.690.96-0.120.690.88-0.190.240.890.42-0.260.880.780.87-0.09-0.330.270.82
0.970.080.850.850.78-0.891.00.810.930.77-0.250.930.84-0.27-0.180.710.05-0.190.550.450.99-0.07-0.450.370.53
0.90.230.950.970.78-0.430.780.890.611.0-0.050.610.82-0.110.380.880.41-0.250.920.790.79-0.14-0.220.170.81
-0.760.1-0.58-0.54-0.89-0.43-0.89-0.51-0.95-0.410.35-0.95-0.560.210.52-0.330.230.02-0.15-0.05-0.870.060.45-0.41-0.16
0.970.080.860.841.00.78-0.890.790.940.77-0.240.940.81-0.24-0.190.690.05-0.180.540.430.99-0.11-0.410.340.51
0.880.170.820.950.810.89-0.510.790.590.87-0.250.590.93-0.30.110.930.44-0.220.780.790.820.0-0.490.410.86
0.870.080.760.690.930.61-0.950.940.590.6-0.171.00.62-0.18-0.240.43-0.16-0.160.40.220.94-0.07-0.310.250.26
0.890.240.950.960.771.0-0.410.770.870.6-0.030.60.8-0.080.40.870.41-0.240.930.790.78-0.17-0.180.140.8
-0.170.790.06-0.12-0.25-0.050.35-0.24-0.25-0.17-0.03-0.17-0.290.190.5-0.15-0.13-0.730.12-0.04-0.220.120.79-0.88-0.26
0.870.080.760.690.930.61-0.950.940.591.00.6-0.170.62-0.18-0.240.43-0.16-0.150.40.220.94-0.07-0.310.250.26
0.870.120.770.880.840.82-0.560.810.930.620.8-0.290.62-0.420.010.910.24-0.260.670.630.840.14-0.620.510.8
-0.22-0.04-0.06-0.19-0.27-0.110.21-0.24-0.3-0.18-0.080.19-0.18-0.420.17-0.27-0.070.360.0-0.09-0.27-0.550.58-0.27-0.32
0.050.460.280.24-0.180.380.52-0.190.11-0.240.40.5-0.240.010.170.230.34-0.280.670.5-0.12-0.010.45-0.460.27
0.80.220.780.890.710.88-0.330.690.930.430.87-0.150.430.91-0.270.230.51-0.270.780.840.71-0.06-0.40.320.86
0.18-0.050.290.420.050.410.230.050.44-0.160.41-0.13-0.160.24-0.070.340.51-0.010.490.730.06-0.24-0.160.160.6
-0.24-0.79-0.35-0.26-0.19-0.250.02-0.18-0.22-0.16-0.24-0.73-0.15-0.260.36-0.28-0.27-0.01-0.29-0.19-0.22-0.52-0.170.4-0.14
0.740.370.850.880.550.92-0.150.540.780.40.930.120.40.670.00.670.780.49-0.290.850.59-0.1-0.040.00.75
0.610.290.660.780.450.79-0.050.430.790.220.79-0.040.220.63-0.090.50.840.73-0.190.850.48-0.17-0.170.130.73
0.980.130.870.870.990.79-0.870.990.820.940.78-0.220.940.84-0.27-0.120.710.06-0.220.590.48-0.04-0.430.350.53
-0.090.33-0.13-0.09-0.07-0.140.06-0.110.0-0.07-0.170.12-0.070.14-0.55-0.01-0.06-0.24-0.52-0.1-0.17-0.04-0.360.18-0.03
-0.370.45-0.15-0.33-0.45-0.220.45-0.41-0.49-0.31-0.180.79-0.31-0.620.580.45-0.4-0.16-0.17-0.04-0.17-0.43-0.36-0.94-0.46
0.3-0.590.10.270.370.17-0.410.340.410.250.14-0.880.250.51-0.27-0.460.320.160.40.00.130.350.18-0.940.38
0.650.030.650.820.530.81-0.160.510.860.260.8-0.260.260.8-0.320.270.860.6-0.140.750.730.53-0.03-0.460.38
Click cells to compare fundamentals

National Beverage Account Relationship Matchups

National Beverage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets648.6M557.2M467.8M574.3M265.7M295.1M
Other Current Liab50.3M43.6M39.5M47.3M17.2M25.7M
Total Current Liabilities141.7M147.2M145.3M144.3M68.5M81.8M
Total Stockholder Equity452.3M356.0M239.4M372.5M170.0M168.4M
Property Plant And Equipment Net168.5M172.7M173.5M187.9M56.1M80.7M
Net Debt(255.4M)(150.0M)13.2M(116.5M)(84.1M)(79.9M)
Retained Earnings443.4M337.7M216.2M358.3M160.2M158.1M
Accounts Payable74.4M88.8M95.3M85.1M48M52.9M
Cash304.5M193.6M48.1M158.1M84.1M76.8M
Non Current Assets Total187.9M192.3M193.3M207.9M79.4M103.4M
Non Currrent Assets Other4.7M4.8M5.0M5.2M(8.2M)(7.8M)
Cash And Short Term Investments304.5M193.6M48.1M158.1M84.1M77.0M
Net Receivables84.9M86.4M93.6M104.9M53.7M58.9M
Common Stock Shares Outstanding93.7M93.6M93.6M93.6M92.4M101.4M
Liabilities And Stockholders Equity648.6M557.2M467.8M574.3M265.7M295.1M
Non Current Liabilities Total54.6M54.0M83.0M57.5M27.2M32.7M
Inventory63.5M71.5M103.3M93.6M39.6M44.7M
Other Current Assets7.8M13.4M29.6M9.8M8.9M9.9M
Other Stockholder Equity13.7M14.1M15.2M16.2M131.0M137.5M
Total Liab196.3M201.2M228.4M201.9M95.7M126.8M
Property Plant And Equipment Gross168.5M172.7M381.9M148.4M56.1M88.6M
Total Current Assets460.7M364.9M274.5M366.4M186.3M191.7M
Accumulated Other Comprehensive Income(5.4M)3.0M6.9M(3.2M)(121.8M)(115.7M)
Other Liab22.5M25.2M32.3M27.8M31.9M33.5M
Other Assets4.7M4.8M5.0M5.2M4.7M5.0M
Property Plant Equipment168.5M172.7M173.5M148.4M170.7M88.2M
Current Deferred Revenue14.5M16.0M14.8M152K3.3M5.7M
Net Tangible Assets442.5M346.2M229.6M357.6M411.2M261.4M
Retained Earnings Total Equity307.8M313.4M(443.4M)358.3M412.1M432.7M
Capital Surpluse36.4M37.1M37.9M40.4M36.4M30.7M

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When determining whether National Beverage Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Beverage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Beverage Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Beverage Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Beverage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the National Beverage Corp information on this page should be used as a complementary analysis to other National Beverage's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is National Beverage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Beverage. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Beverage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.141
Earnings Share
1.81
Revenue Per Share
12.648
Quarterly Revenue Growth
0.006
Return On Assets
0.2151
The market value of National Beverage Corp is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Beverage's value that differs from its market value or its book value, called intrinsic value, which is National Beverage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Beverage's market value can be influenced by many factors that don't directly affect National Beverage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Beverage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Beverage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Beverage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.