National Non Current Liabilities Total vs Accounts Payable 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 Non Current Liabilities Total and its Accounts Payable 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 Liabilities Total vs Accounts Payable
Non Current Liabilities Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between National Beverage's Non Current Liabilities Total and Accounts Payable is 0.11. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable 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 Liabilities Total and Accounts Payable 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 Liabilities Total of National Beverage Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Liabilities Total i.e., National Beverage's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Current Liabilities Total
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.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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for National Stock analysis
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.
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
CEOs Directory Screen CEOs from public companies around the world | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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.