National Other Current Assets vs Cash And Short Term Investments Analysis

FIZZ Stock

USD 47.38 1.10 2.38%

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 Other Current Assets and its Cash And Short Term Investments 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.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between National Beverage's Other Current Assets and Cash And Short Term Investments is -0.16. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Other Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of National Beverage Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., National Beverage's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of National Beverage Corp balance sheet. This account contains National Beverage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by National Beverage Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Gross Profit Total Revenue

National Beverage fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.17	0.94	0.94	0.97	0.9	-0.76	0.97	0.88	0.87	0.89	-0.17	0.87	0.87	-0.22	0.05	0.8	0.18	-0.24	0.74	0.61	0.98	-0.09	-0.37	0.3	0.65
Short Long Term Debt Total	0.17		0.33	0.23	0.08	0.23	0.1	0.08	0.17	0.08	0.24	0.79	0.08	0.12	-0.04	0.46	0.22	-0.05	-0.79	0.37	0.29	0.13	0.33	0.45	-0.59	0.03
Other Current Liab	0.94	0.33		0.94	0.85	0.95	-0.58	0.86	0.82	0.76	0.95	0.06	0.76	0.77	-0.06	0.28	0.78	0.29	-0.35	0.85	0.66	0.87	-0.13	-0.15	0.1	0.65
Total Current Liabilities	0.94	0.23	0.94		0.85	0.97	-0.54	0.84	0.95	0.69	0.96	-0.12	0.69	0.88	-0.19	0.24	0.89	0.42	-0.26	0.88	0.78	0.87	-0.09	-0.33	0.27	0.82
Total Stockholder Equity	0.97	0.08	0.85	0.85		0.78	-0.89	1.0	0.81	0.93	0.77	-0.25	0.93	0.84	-0.27	-0.18	0.71	0.05	-0.19	0.55	0.45	0.99	-0.07	-0.45	0.37	0.53
Property Plant And Equipment Net	0.9	0.23	0.95	0.97	0.78		-0.43	0.78	0.89	0.61	1.0	-0.05	0.61	0.82	-0.11	0.38	0.88	0.41	-0.25	0.92	0.79	0.79	-0.14	-0.22	0.17	0.81
Net Debt	-0.76	0.1	-0.58	-0.54	-0.89	-0.43		-0.89	-0.51	-0.95	-0.41	0.35	-0.95	-0.56	0.21	0.52	-0.33	0.23	0.02	-0.15	-0.05	-0.87	0.06	0.45	-0.41	-0.16
Retained Earnings	0.97	0.08	0.86	0.84	1.0	0.78	-0.89		0.79	0.94	0.77	-0.24	0.94	0.81	-0.24	-0.19	0.69	0.05	-0.18	0.54	0.43	0.99	-0.11	-0.41	0.34	0.51
Accounts Payable	0.88	0.17	0.82	0.95	0.81	0.89	-0.51	0.79		0.59	0.87	-0.25	0.59	0.93	-0.3	0.11	0.93	0.44	-0.22	0.78	0.79	0.82	0.0	-0.49	0.41	0.86
Cash	0.87	0.08	0.76	0.69	0.93	0.61	-0.95	0.94	0.59		0.6	-0.17	1.0	0.62	-0.18	-0.24	0.43	-0.16	-0.16	0.4	0.22	0.94	-0.07	-0.31	0.25	0.26
Non Current Assets Total	0.89	0.24	0.95	0.96	0.77	1.0	-0.41	0.77	0.87	0.6		-0.03	0.6	0.8	-0.08	0.4	0.87	0.41	-0.24	0.93	0.79	0.78	-0.17	-0.18	0.14	0.8
Non Currrent Assets Other	-0.17	0.79	0.06	-0.12	-0.25	-0.05	0.35	-0.24	-0.25	-0.17	-0.03		-0.17	-0.29	0.19	0.5	-0.15	-0.13	-0.73	0.12	-0.04	-0.22	0.12	0.79	-0.88	-0.26
Cash And Short Term Investments	0.87	0.08	0.76	0.69	0.93	0.61	-0.95	0.94	0.59	1.0	0.6	-0.17		0.62	-0.18	-0.24	0.43	-0.16	-0.15	0.4	0.22	0.94	-0.07	-0.31	0.25	0.26
Net Receivables	0.87	0.12	0.77	0.88	0.84	0.82	-0.56	0.81	0.93	0.62	0.8	-0.29	0.62		-0.42	0.01	0.91	0.24	-0.26	0.67	0.63	0.84	0.14	-0.62	0.51	0.8
Common Stock Shares Outstanding	-0.22	-0.04	-0.06	-0.19	-0.27	-0.11	0.21	-0.24	-0.3	-0.18	-0.08	0.19	-0.18	-0.42		0.17	-0.27	-0.07	0.36	0.0	-0.09	-0.27	-0.55	0.58	-0.27	-0.32
Non Current Liabilities Total	0.05	0.46	0.28	0.24	-0.18	0.38	0.52	-0.19	0.11	-0.24	0.4	0.5	-0.24	0.01	0.17		0.23	0.34	-0.28	0.67	0.5	-0.12	-0.01	0.45	-0.46	0.27
Inventory	0.8	0.22	0.78	0.89	0.71	0.88	-0.33	0.69	0.93	0.43	0.87	-0.15	0.43	0.91	-0.27	0.23		0.51	-0.27	0.78	0.84	0.71	-0.06	-0.4	0.32	0.86
Other Current Assets	0.18	-0.05	0.29	0.42	0.05	0.41	0.23	0.05	0.44	-0.16	0.41	-0.13	-0.16	0.24	-0.07	0.34	0.51		-0.01	0.49	0.73	0.06	-0.24	-0.16	0.16	0.6
Other Stockholder Equity	-0.24	-0.79	-0.35	-0.26	-0.19	-0.25	0.02	-0.18	-0.22	-0.16	-0.24	-0.73	-0.15	-0.26	0.36	-0.28	-0.27	-0.01		-0.29	-0.19	-0.22	-0.52	-0.17	0.4	-0.14
Total Liab	0.74	0.37	0.85	0.88	0.55	0.92	-0.15	0.54	0.78	0.4	0.93	0.12	0.4	0.67	0.0	0.67	0.78	0.49	-0.29		0.85	0.59	-0.1	-0.04	0.0	0.75
Property Plant And Equipment Gross	0.61	0.29	0.66	0.78	0.45	0.79	-0.05	0.43	0.79	0.22	0.79	-0.04	0.22	0.63	-0.09	0.5	0.84	0.73	-0.19	0.85		0.48	-0.17	-0.17	0.13	0.73
Total Current Assets	0.98	0.13	0.87	0.87	0.99	0.79	-0.87	0.99	0.82	0.94	0.78	-0.22	0.94	0.84	-0.27	-0.12	0.71	0.06	-0.22	0.59	0.48		-0.04	-0.43	0.35	0.53
Short Term Debt	-0.09	0.33	-0.13	-0.09	-0.07	-0.14	0.06	-0.11	0.0	-0.07	-0.17	0.12	-0.07	0.14	-0.55	-0.01	-0.06	-0.24	-0.52	-0.1	-0.17	-0.04		-0.36	0.18	-0.03
Intangible Assets	-0.37	0.45	-0.15	-0.33	-0.45	-0.22	0.45	-0.41	-0.49	-0.31	-0.18	0.79	-0.31	-0.62	0.58	0.45	-0.4	-0.16	-0.17	-0.04	-0.17	-0.43	-0.36		-0.94	-0.46
Good Will	0.3	-0.59	0.1	0.27	0.37	0.17	-0.41	0.34	0.41	0.25	0.14	-0.88	0.25	0.51	-0.27	-0.46	0.32	0.16	0.4	0.0	0.13	0.35	0.18	-0.94		0.38
Common Stock Total Equity	0.65	0.03	0.65	0.82	0.53	0.81	-0.16	0.51	0.86	0.26	0.8	-0.26	0.26	0.8	-0.32	0.27	0.86	0.6	-0.14	0.75	0.73	0.53	-0.03	-0.46	0.38

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National Beverage Account Relationship Matchups

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

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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:

How To Invest In National

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Is National Stock a good investment?

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What is National Beverage's Net Worth?

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Largest Beverages - Non-Alcoholic Companies

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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 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

1.81

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.

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National Other Current Assets vs Cash And Short Term Investments Analysis

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Other Current Assets

Cash And Short Term Investments

National Beverage fundamental ratios Correlations

National Beverage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Beverage fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for National Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Retained Earnings
Total Current Assets	+ 0.98	Total Assets

Cash And Short Term Investments	- 0.95	Net Debt
Cash	- 0.95	Net Debt
Good Will	- 0.94	Intangible Assets
Retained Earnings	- 0.89	Net Debt
Net Debt	- 0.89	Total Stockholder Equity
Good Will	- 0.88	Non Currrent Assets Other