National Total Current Liabilities 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 Total Current Liabilities 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.

Total Current Liabilities vs Net Debt

Total Current Liabilities 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 Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between National Beverage's Total Current Liabilities and Net Debt is -0.54. Overlapping area represents the amount of variation of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., National Beverage's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on National Beverage balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of National Beverage Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

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 Soft Drinks & Non-alcoholic Beverages 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.

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National Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

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