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National Beverage (National Beverage) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)


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What is National Beverage Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. National Beverage's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0 Mil. National Beverage's average total debt for the quarter that ended in Jan. 2024 was $52 Mil. Therefore, National Beverage's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.00%.


National Beverage Effective Interest Rate on Debt % Historical Data

The historical data trend for National Beverage's Effective Interest Rate on 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.

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National Beverage Effective Interest Rate on Debt % Chart

National Beverage Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Effective Interest Rate on Debt %
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National Beverage Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of National Beverage's Effective Interest Rate on Debt %

For the Beverages - Non-Alcoholic subindustry, National Beverage's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on 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 Effective Interest Rate on Debt % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National Beverage's Effective Interest Rate on Debt % falls into.



National Beverage Effective Interest Rate on Debt % Calculation

National Beverage's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2022 )+Total Debt  (A: Apr. 2023 ))/ count )
=-1  *  0/( (61.246+41.527)/ 2 )
=-1  *  0/51.3865
=0.00 %

where

Total Debt  (A: Apr. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=50.703 + 10.543
=61.246

Total Debt  (A: Apr. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.782 + 11.745
=41.527

National Beverage's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  0/( (45.113+58.156)/ 2 )
=-1  *  0/51.6345
=0.00 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31.63 + 13.483
=45.113

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=44.571 + 13.585
=58.156

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


National Beverage  (NAS:FIZZ) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


National Beverage Effective Interest Rate on Debt % Related Terms

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National Beverage (National Beverage) Business Description

Traded in Other Exchanges
Address
8100 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324
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

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