National Total Assets vs Property Plant And Equipment Gross 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 Total Assets and its Property Plant And Equipment Gross 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between National Beverage's Total Assets and Property Plant And Equipment Gross is 0.61. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of National Beverage Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., National Beverage's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of National Beverage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in National Beverage Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Gross

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
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.

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 Architect
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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
CEOs Directory
Screen CEOs from public companies around the world
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
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.