National Beverage (National Beverage) Cash-to-Debt : 4.76 (As of Jan. 2024)

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What is National Beverage Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. National Beverage's cash to debt ratio for the quarter that ended in Jan. 2024 was 4.76.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, National Beverage could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for National Beverage's Cash-to-Debt or its related term are showing as below:

FIZZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 6.12 Max: No Debt
Current: 4.76

During the past 13 years, National Beverage's highest Cash to Debt Ratio was No Debt. The lowest was 0.46. And the median was 6.12.

FIZZ's Cash-to-Debt is ranked better than
66.36% of 107 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.68 vs FIZZ: 4.76

National Beverage Cash-to-Debt Historical Data

The historical data trend for National Beverage's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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National Beverage Cash-to-Debt Chart

National Beverage Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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No Debt

6.20

4.44

0.79

3.81

National Beverage Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															2.89	3.81	5.33	5.49	4.76

Competitive Comparison of National Beverage's Cash-to-Debt

For the Beverages - Non-Alcoholic subindustry, National Beverage's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

National Beverage's Cash-to-Debt Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where National Beverage's Cash-to-Debt falls into.

National Beverage Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

National Beverage's Cash to Debt Ratio for the fiscal year that ended in Apr. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	158.074	/	(11.745	+	29.782)
	=	3.81

National Beverage's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	276.961	/	(13.585	+	44.571)
	=	4.76

National Beverage (NAS:FIZZ) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

National Beverage Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of National Beverage's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

National Beverage (National Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » National Beverage Corp (NAS:FIZZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

20V:Germany

Address

8100 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324

Website

https://www.nationalbeverage.com

National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for big-box retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants). It is controlled by chairman and CEO Nick Caporella, who owns over 73% of the common stock.

Executives

Cecil D Conlee	director	950 E PACES FERRY RD, SUITE 2275, ATLANTA GA 30326
Stanley Michael Sheridan	director	6203 PLUM DRIVE, WILLIAMSBURG MI 49690
Nick A Caporella	director, 10 percent owner, officer: COB & CEO	ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Joseph G Caporella	director, officer: President	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Dennis L Thompson	officer: EVP - Shasta Beverages, Inc.	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Gregory P Cook	officer: VP - CONTROLLER & CAO	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Samuel C Hathorn	director	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Gregory I Roberts	officer: EVP - National BevPak	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
George R Bracken	officer: EVP Finance	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Hagan John Ronald Jr	officer: SEVP, Shasta Beverages, Inc.	8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Kloch Joseph P Jr	director	ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Dean A Mccoy	officer: Senior VP-Controller	ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Edward F Knecht	officer: EVP - Procurement	ONE NORTH UNIVERSITY DRIVE, BUILDING A,, 4TH FLOOR, PLANTATION FL 33324
S Lee Kling	director	1401 S BRENTWOOD BLVD, ST LOUIS MO 63144