National Non Current Assets Total vs Net Debt Analysis
FIZZ Stock | USD 46.28 0.12 0.26% |
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 Non Current Assets Total and its Net Debt 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Beverage's Non Current Assets Total and Net Debt is -0.41. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt 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 Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of National Beverage Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., National Beverage's Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Profit | 417.8M | 396.8M | 169.9M | 227.1M | Total Revenue | 1.1B | 1.2B | 575.2M | 667.6M |
National Beverage fundamental ratios Correlations
Click cells to compare fundamentals
National Beverage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Beverage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 648.6M | 557.2M | 467.8M | 574.3M | 265.7M | 295.1M | |
Other Current Liab | 50.3M | 43.6M | 39.5M | 47.3M | 17.2M | 25.7M | |
Total Current Liabilities | 141.7M | 147.2M | 145.3M | 144.3M | 68.5M | 81.8M | |
Total Stockholder Equity | 452.3M | 356.0M | 239.4M | 372.5M | 170.0M | 168.4M | |
Property Plant And Equipment Net | 168.5M | 172.7M | 173.5M | 187.9M | 56.1M | 80.7M | |
Net Debt | (255.4M) | (150.0M) | 13.2M | (116.5M) | (84.1M) | (79.9M) | |
Retained Earnings | 443.4M | 337.7M | 216.2M | 358.3M | 160.2M | 158.1M | |
Accounts Payable | 74.4M | 88.8M | 95.3M | 85.1M | 48M | 52.9M | |
Cash | 304.5M | 193.6M | 48.1M | 158.1M | 84.1M | 76.8M | |
Non Current Assets Total | 187.9M | 192.3M | 193.3M | 207.9M | 79.4M | 103.4M | |
Non Currrent Assets Other | 4.7M | 4.8M | 5.0M | 5.2M | (8.2M) | (7.8M) | |
Cash And Short Term Investments | 304.5M | 193.6M | 48.1M | 158.1M | 84.1M | 77.0M | |
Net Receivables | 84.9M | 86.4M | 93.6M | 104.9M | 53.7M | 58.9M | |
Common Stock Shares Outstanding | 93.7M | 93.6M | 93.6M | 93.6M | 92.4M | 101.4M | |
Liabilities And Stockholders Equity | 648.6M | 557.2M | 467.8M | 574.3M | 265.7M | 295.1M | |
Non Current Liabilities Total | 54.6M | 54.0M | 83.0M | 57.5M | 27.2M | 32.7M | |
Inventory | 63.5M | 71.5M | 103.3M | 93.6M | 39.6M | 44.7M | |
Other Current Assets | 7.8M | 13.4M | 29.6M | 9.8M | 8.9M | 9.9M | |
Other Stockholder Equity | 13.7M | 14.1M | 15.2M | 16.2M | 131.0M | 137.5M | |
Total Liab | 196.3M | 201.2M | 228.4M | 201.9M | 95.7M | 126.8M | |
Property Plant And Equipment Gross | 168.5M | 172.7M | 381.9M | 148.4M | 56.1M | 88.6M | |
Total Current Assets | 460.7M | 364.9M | 274.5M | 366.4M | 186.3M | 191.7M | |
Accumulated Other Comprehensive Income | (5.4M) | 3.0M | 6.9M | (3.2M) | (121.8M) | (115.7M) | |
Other Liab | 22.5M | 25.2M | 32.3M | 27.8M | 31.9M | 33.5M | |
Other Assets | 4.7M | 4.8M | 5.0M | 5.2M | 4.7M | 5.0M | |
Property Plant Equipment | 168.5M | 172.7M | 173.5M | 148.4M | 170.7M | 88.2M | |
Current Deferred Revenue | 14.5M | 16.0M | 14.8M | 152K | 3.3M | 5.7M | |
Net Tangible Assets | 442.5M | 346.2M | 229.6M | 357.6M | 411.2M | 261.4M | |
Retained Earnings Total Equity | 307.8M | 313.4M | (443.4M) | 358.3M | 412.1M | 432.7M | |
Capital Surpluse | 36.4M | 37.1M | 37.9M | 40.4M | 36.4M | 30.7M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards National Beverage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, National Beverage's short interest history, or implied volatility extrapolated from National Beverage options trading.
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Try AI Portfolio ArchitectCheck 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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When running National Beverage's price analysis, check to measure National Beverage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Beverage is operating at the current time. Most of National Beverage's value examination focuses on studying past and present price action to predict the probability of National Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Beverage's price. Additionally, you may evaluate how the addition of National Beverage to your portfolios can decrease your overall portfolio volatility.
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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 1.8 | 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.