National Asset Turnover from 2010 to 2024

FIZZ Stock  USD 49.60  0.73  1.49%   
National Beverage Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently National Beverage Corp uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.54734709
Current Value
2.43267052
Quarterly Volatility
0.23463147
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Beverage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Beverage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.8 M, Interest Expense of 101.7 K or Total Revenue of 575.2 M, as well as many indicators such as Price To Sales Ratio of 3.61, Dividend Yield of 0.046 or PTB Ratio of 17.18. National financial statements analysis is a perfect complement when working with National Beverage Valuation or Volatility modules.
  
Check out the analysis of National Beverage Correlation against competitors.

Latest National Beverage's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of National Beverage Corp over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. National Beverage's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Beverage's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

National Asset Turnover Regression Statistics

Arithmetic Mean1.90
Geometric Mean1.89
Coefficient Of Variation12.33
Mean Deviation0.14
Median1.92
Standard Deviation0.23
Sample Variance0.06
Range0.8853
R-Value(0.29)
Mean Square Error0.05
R-Squared0.08
Significance0.30
Slope(0.02)
Total Sum of Squares0.77

National Asset Turnover History

2024 2.43
2021 1.55
2011 1.92
2010 2.23

Other Fundumenentals of National Beverage Corp

National Beverage Asset Turnover component correlations

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0.98-0.921.00.770.850.631.00.19-0.420.420.63-0.01-0.210.80.320.460.950.030.67-0.69-0.750.840.750.46
-0.83-0.92-0.92-0.54-0.65-0.31-0.91-0.110.43-0.43-0.330.230.05-0.54-0.52-0.25-0.890.14-0.40.670.71-0.79-0.8-0.2
0.981.0-0.920.760.840.630.990.17-0.390.390.61-0.02-0.210.80.330.480.96-0.010.66-0.69-0.750.850.750.46
0.830.77-0.540.760.920.790.780.21-0.50.50.850.04-0.460.870.050.450.740.230.72-0.6-0.660.50.250.65
0.880.85-0.650.840.920.710.860.42-0.610.610.830.06-0.390.790.130.340.760.340.72-0.6-0.670.590.410.56
0.770.63-0.310.630.790.710.660.18-0.070.060.790.47-0.460.91-0.210.650.580.350.75-0.27-0.360.540.310.68
0.991.0-0.910.990.780.860.660.19-0.410.410.630.01-0.230.810.320.450.940.070.66-0.67-0.730.830.740.46
0.20.19-0.110.170.210.420.180.19-0.420.410.310.06-0.10.03-0.13-0.3-0.020.490.090.240.220.060.09-0.02
-0.36-0.420.43-0.39-0.5-0.61-0.07-0.41-0.42-1.0-0.450.210.16-0.23-0.190.27-0.3-0.38-0.220.50.44-0.21-0.15-0.18
0.360.42-0.430.390.50.610.060.410.41-1.00.45-0.21-0.160.230.19-0.260.30.380.22-0.51-0.440.210.150.18
0.720.63-0.330.610.850.830.790.630.31-0.450.450.2-0.350.8-0.390.420.530.320.9-0.47-0.50.480.220.86
0.11-0.010.23-0.020.040.060.470.010.060.21-0.210.2-0.40.36-0.150.560.010.540.250.240.280.250.120.33
-0.29-0.210.05-0.21-0.46-0.39-0.46-0.23-0.10.16-0.16-0.35-0.4-0.46-0.05-0.38-0.27-0.29-0.290.050.03-0.23-0.06-0.34
0.890.8-0.540.80.870.790.910.810.03-0.230.230.80.36-0.460.010.760.80.160.8-0.53-0.580.720.470.74
0.210.32-0.520.330.050.13-0.210.32-0.13-0.190.19-0.39-0.15-0.050.010.010.4-0.12-0.37-0.26-0.270.260.37-0.47
0.540.46-0.250.480.450.340.650.45-0.30.27-0.260.420.56-0.380.760.010.6-0.150.6-0.29-0.310.60.360.64
0.920.95-0.890.960.740.760.580.94-0.02-0.30.30.530.01-0.270.80.40.6-0.10.6-0.75-0.780.840.710.48
0.110.030.14-0.010.230.340.350.070.49-0.380.380.320.54-0.290.16-0.12-0.15-0.10.090.060.07-0.09-0.160.06
0.740.67-0.40.660.720.720.750.660.09-0.220.220.90.25-0.290.8-0.370.60.60.09-0.49-0.530.650.420.91
-0.63-0.690.67-0.69-0.6-0.6-0.27-0.670.240.5-0.51-0.470.240.05-0.53-0.26-0.29-0.750.06-0.490.94-0.48-0.34-0.42
-0.7-0.750.71-0.75-0.66-0.67-0.36-0.730.220.44-0.44-0.50.280.03-0.58-0.27-0.31-0.780.07-0.530.94-0.47-0.33-0.39
0.830.84-0.790.850.50.590.540.830.06-0.210.210.480.25-0.230.720.260.60.84-0.090.65-0.48-0.470.940.55
0.690.75-0.80.750.250.410.310.740.09-0.150.150.220.12-0.060.470.370.360.71-0.160.42-0.34-0.330.940.28
0.560.46-0.20.460.650.560.680.46-0.02-0.180.180.860.33-0.340.74-0.470.640.480.060.91-0.42-0.390.550.28
Click cells to compare fundamentals

About National Beverage Financial Statements

National Beverage investors use historical fundamental indicators, such as National Beverage's Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in National Beverage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.59  6.56 
Asset Turnover 1.55  2.43 

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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.