National Property Plant And Equipment Net vs Total Current Liabilities Analysis

0K50 Stock   49.62  0.15  0.30%   
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 Property Plant And Equipment Net and its Total Current Liabilities accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Beverage's Property Plant And Equipment Net and Total Current Liabilities is 0.81. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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 Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of National Beverage Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., National Beverage's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 74.6 M in 2024. Tax Provision is likely to drop to about 40.4 M in 2024
 2010 2011 2021 2024 (projected)
Total Revenue402.1M1.1B1.2B1.1B
Depreciation And Amortization9.9M31.2M20.2M31.8M

National Beverage fundamental ratios Correlations

0.50.320.660.990.96-0.910.980.510.930.96-0.140.930.920.770.460.710.210.940.751.00.74-0.750.760.00.29
0.5-0.190.180.470.55-0.220.450.170.290.550.340.290.60.291.00.770.90.570.520.480.48-0.310.29-0.750.84
0.32-0.190.910.210.51-0.160.190.930.140.5-0.980.140.530.83-0.270.48-0.020.540.720.26-0.38-0.830.840.11-0.24
0.660.180.910.550.81-0.430.530.980.440.81-0.810.440.840.990.10.770.230.840.940.59-0.03-0.990.99-0.060.05
0.990.470.210.550.91-0.961.00.380.970.91-0.030.970.860.670.430.60.120.870.641.00.82-0.650.660.080.25
0.960.550.510.810.91-0.780.90.710.81.0-0.330.80.990.90.490.850.361.00.910.930.54-0.890.89-0.140.33
-0.91-0.22-0.16-0.43-0.96-0.78-0.96-0.24-1.0-0.780.0-1.0-0.7-0.55-0.19-0.360.16-0.73-0.45-0.94-0.830.52-0.53-0.33-0.03
0.980.450.190.531.00.9-0.960.360.980.9-0.010.980.840.650.410.580.10.860.621.00.83-0.630.640.10.24
0.510.170.930.980.380.71-0.240.360.250.71-0.860.250.750.940.090.760.310.750.910.44-0.2-0.950.95-0.160.06
0.930.290.140.440.970.8-1.00.980.250.80.021.00.730.560.260.41-0.090.750.480.960.85-0.530.540.270.1
0.960.550.50.810.911.0-0.780.90.710.8-0.330.80.990.890.490.850.371.00.90.930.54-0.890.89-0.150.34
-0.140.34-0.98-0.81-0.03-0.330.0-0.01-0.860.02-0.330.02-0.36-0.710.41-0.330.11-0.37-0.59-0.080.530.71-0.72-0.160.35
0.930.290.140.440.970.8-1.00.980.251.00.80.020.730.560.260.41-0.090.750.480.960.85-0.530.540.270.1
0.920.60.530.840.860.99-0.70.840.750.730.99-0.360.730.910.540.910.461.00.940.890.47-0.910.91-0.240.39
0.770.290.830.990.670.9-0.550.650.940.560.89-0.710.560.910.210.820.270.920.960.710.13-1.01.0-0.080.12
0.461.0-0.270.10.430.49-0.190.410.090.260.490.410.260.540.210.710.890.50.450.440.49-0.230.22-0.760.85
0.710.770.480.770.60.85-0.360.580.760.410.85-0.330.410.910.820.710.760.890.940.640.23-0.830.83-0.570.59
0.210.9-0.020.230.120.360.160.10.31-0.090.370.11-0.090.460.270.890.760.410.520.160.05-0.30.29-0.90.8
0.940.570.540.840.871.0-0.730.860.750.751.0-0.370.751.00.920.50.890.410.940.90.48-0.910.91-0.190.36
0.750.520.720.940.640.91-0.450.620.910.480.9-0.590.480.940.960.450.940.520.940.690.15-0.970.97-0.330.34
1.00.480.260.591.00.93-0.941.00.440.960.93-0.080.960.890.710.440.640.160.90.690.79-0.70.70.050.26
0.740.48-0.38-0.030.820.54-0.830.83-0.20.850.540.530.850.470.130.490.230.050.480.150.79-0.110.120.080.32
-0.75-0.31-0.83-0.99-0.65-0.890.52-0.63-0.95-0.53-0.890.71-0.53-0.91-1.0-0.23-0.83-0.3-0.91-0.97-0.7-0.11-1.00.12-0.15
0.760.290.840.990.660.89-0.530.640.950.540.89-0.720.540.911.00.220.830.290.910.970.70.12-1.0-0.10.13
0.0-0.750.11-0.060.08-0.14-0.330.1-0.160.27-0.15-0.160.27-0.24-0.08-0.76-0.57-0.9-0.19-0.330.050.080.12-0.1-0.91
0.290.84-0.240.050.250.33-0.030.240.060.10.340.350.10.390.120.850.590.80.360.340.260.32-0.150.13-0.91
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National Beverage Account Relationship Matchups

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