National Short Term Debt vs Retained Earnings Analysis

FIZZ Stock  USD 47.52  0.13  0.27%   
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 Short Term Debt and its Retained Earnings 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 closely tied with the direction of predictive economic indicators such as signals in nation.

Short Term Debt vs Retained Earnings

Short Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Short Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between National Beverage's Short Term Debt and Retained Earnings is 0.17. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Retained Earnings 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 Short Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of National Beverage Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Debt i.e., National Beverage's Short Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, National Beverage's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 19.85 in 2024, whereas Tax Provision is likely to drop slightly above 49.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit417.8M396.8M428.5M169.9M
Total Revenue1.1B1.2B1.2B575.2M

National Beverage fundamental ratios Correlations

0.190.820.910.980.93-0.830.980.830.910.92-0.220.910.88-0.180.20.810.3-0.220.770.750.990.2-0.360.360.47
0.190.330.240.110.260.030.110.170.110.270.720.110.110.610.470.210.13-0.70.410.320.150.140.47-0.47-0.04
0.820.330.920.750.86-0.560.760.810.680.850.020.680.740.030.280.760.29-0.410.820.520.760.14-0.160.160.63
0.910.240.920.840.95-0.60.840.950.710.95-0.190.710.89-0.170.30.90.48-0.280.890.740.850.18-0.350.340.74
0.980.110.750.840.84-0.921.00.770.960.83-0.290.960.85-0.240.020.730.18-0.160.630.661.00.19-0.420.420.37
0.930.260.860.950.84-0.570.840.860.721.0-0.090.720.85-0.070.460.880.49-0.280.930.840.850.22-0.230.230.65
-0.830.03-0.56-0.6-0.92-0.57-0.92-0.54-0.96-0.560.36-0.96-0.650.280.29-0.430.110.04-0.31-0.38-0.91-0.110.43-0.43-0.09
0.980.110.760.841.00.84-0.920.760.960.83-0.280.960.84-0.220.010.720.17-0.160.630.650.990.17-0.390.390.36
0.830.170.810.950.770.86-0.540.760.60.85-0.330.60.92-0.330.160.930.52-0.220.790.70.780.21-0.50.50.81
0.910.110.680.710.960.72-0.960.960.60.71-0.211.00.69-0.14-0.030.51-0.01-0.130.520.530.960.12-0.30.30.15
0.920.270.850.950.831.0-0.560.830.850.71-0.070.710.84-0.040.480.870.49-0.270.930.840.840.2-0.20.20.64
-0.220.720.02-0.19-0.29-0.090.36-0.28-0.33-0.21-0.07-0.21-0.390.920.46-0.24-0.1-0.640.08-0.07-0.27-0.090.86-0.86-0.34
0.910.110.680.710.960.72-0.960.960.61.00.71-0.210.69-0.14-0.030.51-0.01-0.130.520.530.960.12-0.30.30.15
0.880.110.740.890.850.85-0.650.840.920.690.84-0.390.69-0.430.110.920.36-0.230.710.690.860.42-0.610.610.69
-0.180.610.03-0.17-0.24-0.070.28-0.22-0.33-0.14-0.040.92-0.14-0.430.42-0.24-0.11-0.360.08-0.06-0.23-0.360.97-0.97-0.37
0.20.470.280.30.020.460.290.010.16-0.030.480.46-0.030.110.420.290.47-0.250.70.550.060.090.4-0.40.22
0.810.210.760.90.730.88-0.430.720.930.510.87-0.240.510.92-0.240.290.62-0.250.810.790.740.24-0.420.410.78
0.30.130.290.480.180.490.110.170.52-0.010.49-0.1-0.010.36-0.110.470.62-0.080.580.750.2-0.15-0.140.140.55
-0.22-0.7-0.41-0.28-0.16-0.280.04-0.16-0.22-0.13-0.27-0.64-0.13-0.23-0.36-0.25-0.25-0.08-0.33-0.19-0.19-0.38-0.170.18-0.12
0.770.410.820.890.630.93-0.310.630.790.520.930.080.520.710.080.70.810.58-0.330.820.660.18-0.070.060.66
0.750.320.520.740.660.84-0.380.650.70.530.84-0.070.530.69-0.060.550.790.75-0.190.820.680.07-0.170.170.44
0.990.150.760.851.00.85-0.910.990.780.960.84-0.270.960.86-0.230.060.740.2-0.190.660.680.19-0.410.410.38
0.20.140.140.180.190.22-0.110.170.210.120.2-0.090.120.42-0.360.090.24-0.15-0.380.180.070.19-0.420.410.23
-0.360.47-0.16-0.35-0.42-0.230.43-0.39-0.5-0.3-0.20.86-0.3-0.610.970.4-0.42-0.14-0.17-0.07-0.17-0.41-0.42-1.0-0.45
0.36-0.470.160.340.420.23-0.430.390.50.30.2-0.860.30.61-0.97-0.40.410.140.180.060.170.410.41-1.00.45
0.47-0.040.630.740.370.65-0.090.360.810.150.64-0.340.150.69-0.370.220.780.55-0.120.660.440.380.23-0.450.45
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National Beverage Account Relationship Matchups

National Beverage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets648.6M557.2M467.8M574.3M770.2M265.7M
Other Current Liab50.3M43.6M39.1M47.2M33.5M17.2M
Total Current Liabilities141.7M147.2M145.3M144.3M137.9M68.5M
Total Stockholder Equity452.3M356.0M239.4M372.5M559.5M170.0M
Property Plant And Equipment Net168.5M172.7M173.5M187.9M213.2M56.1M
Net Debt(255.4M)(150.0M)13.2M(116.5M)(272.3M)(84.1M)
Retained Earnings443.4M337.7M216.2M358.3M535.1M160.2M
Accounts Payable74.4M88.8M95.3M85.1M78.3M48M
Cash304.5M193.6M48.1M158.1M327.0M84.1M
Non Current Assets Total187.9M192.3M193.3M207.9M233.3M79.4M
Non Currrent Assets Other4.7M4.8M5.0M5.2M5.3M(8.2M)
Cash And Short Term Investments304.5M193.6M48.1M158.1M327.0M84.1M
Net Receivables84.9M86.4M93.6M104.9M102.8M53.7M
Common Stock Shares Outstanding93.7M93.6M93.6M93.6M93.6M92.4M
Liabilities And Stockholders Equity648.6M557.2M467.8M574.3M770.2M265.7M
Non Current Liabilities Total54.6M54.0M83.0M57.5M72.7M27.2M
Inventory63.5M71.5M103.3M93.6M84.6M39.6M
Other Current Assets7.8M13.4M50.3M9.8M22.4M8.9M
Other Stockholder Equity13.7M14.1M15.2M11.1M18.4M131.0M
Total Liab196.3M201.2M228.4M201.9M210.6M95.7M
Property Plant And Equipment Gross168.5M172.7M381.9M148.4M449.2M56.1M
Total Current Assets460.7M364.9M274.5M366.4M536.9M186.3M
Accumulated Other Comprehensive Income(5.4M)3.0M6.9M(3.2M)4.9M(121.8M)
Other Liab22.5M25.2M32.3M27.8M31.9M33.5M
Other Assets4.7M4.8M5.0M5.2M4.7M5.0M
Property Plant Equipment168.5M172.7M173.5M148.4M170.7M88.2M
Current Deferred Revenue14.5M16.0M14.8M152K3.3M5.7M
Net Tangible Assets442.5M346.2M229.6M357.6M411.2M261.4M
Retained Earnings Total Equity307.8M313.4M(443.4M)358.3M412.1M432.7M
Capital Surpluse36.4M37.1M37.9M40.4M36.4M30.7M
Deferred Long Term Liab14.5M16.0M14.8M19.8M22.8M16.9M
Non Current Liabilities Other7.6M7.9M8.5M29.8M7.8M11.3M

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