National Short Term Debt vs Common Stock Shares Outstanding Analysis

FIZZ Stock

USD 47.87 0.35 0.74%

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 Common Stock Shares Outstanding 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 Common Stock Shares Outstanding

Short Term Debt vs Common Stock Shares Outstanding 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 Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between National Beverage's Short Term Debt and Common Stock Shares Outstanding is -0.36. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Common Stock Shares Outstanding 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 Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Debt i.e., National Beverage's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 Profit	417.8M	396.8M	428.5M	169.9M
Total Revenue	1.1B	1.2B	1.2B	575.2M

Gross Profit Total Revenue

National Beverage fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.19	0.82	0.91	0.98	0.93	-0.83	0.98	0.83	0.91	0.92	-0.22	0.91	0.88	-0.18	0.2	0.81	0.3	-0.22	0.77	0.75	0.99	0.2	-0.36	0.36	0.47
Short Long Term Debt Total	0.19		0.33	0.24	0.11	0.26	0.03	0.11	0.17	0.11	0.27	0.72	0.11	0.11	0.61	0.47	0.21	0.13	-0.7	0.41	0.32	0.15	0.14	0.47	-0.47	-0.04
Other Current Liab	0.82	0.33		0.92	0.75	0.86	-0.56	0.76	0.81	0.68	0.85	0.02	0.68	0.74	0.03	0.28	0.76	0.29	-0.41	0.82	0.52	0.76	0.14	-0.16	0.16	0.63
Total Current Liabilities	0.91	0.24	0.92		0.84	0.95	-0.6	0.84	0.95	0.71	0.95	-0.19	0.71	0.89	-0.17	0.3	0.9	0.48	-0.28	0.89	0.74	0.85	0.18	-0.35	0.34	0.74
Total Stockholder Equity	0.98	0.11	0.75	0.84		0.84	-0.92	1.0	0.77	0.96	0.83	-0.29	0.96	0.85	-0.24	0.02	0.73	0.18	-0.16	0.63	0.66	1.0	0.19	-0.42	0.42	0.37
Property Plant And Equipment Net	0.93	0.26	0.86	0.95	0.84		-0.57	0.84	0.86	0.72	1.0	-0.09	0.72	0.85	-0.07	0.46	0.88	0.49	-0.28	0.93	0.84	0.85	0.22	-0.23	0.23	0.65
Net Debt	-0.83	0.03	-0.56	-0.6	-0.92	-0.57		-0.92	-0.54	-0.96	-0.56	0.36	-0.96	-0.65	0.28	0.29	-0.43	0.11	0.04	-0.31	-0.38	-0.91	-0.11	0.43	-0.43	-0.09
Retained Earnings	0.98	0.11	0.76	0.84	1.0	0.84	-0.92		0.76	0.96	0.83	-0.28	0.96	0.84	-0.22	0.01	0.72	0.17	-0.16	0.63	0.65	0.99	0.17	-0.39	0.39	0.36
Accounts Payable	0.83	0.17	0.81	0.95	0.77	0.86	-0.54	0.76		0.6	0.85	-0.33	0.6	0.92	-0.33	0.16	0.93	0.52	-0.22	0.79	0.7	0.78	0.21	-0.5	0.5	0.81
Cash	0.91	0.11	0.68	0.71	0.96	0.72	-0.96	0.96	0.6		0.71	-0.21	1.0	0.69	-0.14	-0.03	0.51	-0.01	-0.13	0.52	0.53	0.96	0.12	-0.3	0.3	0.15
Non Current Assets Total	0.92	0.27	0.85	0.95	0.83	1.0	-0.56	0.83	0.85	0.71		-0.07	0.71	0.84	-0.04	0.48	0.87	0.49	-0.27	0.93	0.84	0.84	0.2	-0.2	0.2	0.64
Non Currrent Assets Other	-0.22	0.72	0.02	-0.19	-0.29	-0.09	0.36	-0.28	-0.33	-0.21	-0.07		-0.21	-0.39	0.92	0.46	-0.24	-0.1	-0.64	0.08	-0.07	-0.27	-0.09	0.86	-0.86	-0.34
Cash And Short Term Investments	0.91	0.11	0.68	0.71	0.96	0.72	-0.96	0.96	0.6	1.0	0.71	-0.21		0.69	-0.14	-0.03	0.51	-0.01	-0.13	0.52	0.53	0.96	0.12	-0.3	0.3	0.15
Net Receivables	0.88	0.11	0.74	0.89	0.85	0.85	-0.65	0.84	0.92	0.69	0.84	-0.39	0.69		-0.43	0.11	0.92	0.36	-0.23	0.71	0.69	0.86	0.42	-0.61	0.61	0.69
Common Stock Shares Outstanding	-0.18	0.61	0.03	-0.17	-0.24	-0.07	0.28	-0.22	-0.33	-0.14	-0.04	0.92	-0.14	-0.43		0.42	-0.24	-0.11	-0.36	0.08	-0.06	-0.23	-0.36	0.97	-0.97	-0.37
Non Current Liabilities Total	0.2	0.47	0.28	0.3	0.02	0.46	0.29	0.01	0.16	-0.03	0.48	0.46	-0.03	0.11	0.42		0.29	0.47	-0.25	0.7	0.55	0.06	0.09	0.4	-0.4	0.22
Inventory	0.81	0.21	0.76	0.9	0.73	0.88	-0.43	0.72	0.93	0.51	0.87	-0.24	0.51	0.92	-0.24	0.29		0.62	-0.25	0.81	0.79	0.74	0.24	-0.42	0.41	0.78
Other Current Assets	0.3	0.13	0.29	0.48	0.18	0.49	0.11	0.17	0.52	-0.01	0.49	-0.1	-0.01	0.36	-0.11	0.47	0.62		-0.08	0.58	0.75	0.2	-0.15	-0.14	0.14	0.55
Other Stockholder Equity	-0.22	-0.7	-0.41	-0.28	-0.16	-0.28	0.04	-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	-0.17	0.18	-0.12
Total Liab	0.77	0.41	0.82	0.89	0.63	0.93	-0.31	0.63	0.79	0.52	0.93	0.08	0.52	0.71	0.08	0.7	0.81	0.58	-0.33		0.82	0.66	0.18	-0.07	0.06	0.66
Property Plant And Equipment Gross	0.75	0.32	0.52	0.74	0.66	0.84	-0.38	0.65	0.7	0.53	0.84	-0.07	0.53	0.69	-0.06	0.55	0.79	0.75	-0.19	0.82		0.68	0.07	-0.17	0.17	0.44
Total Current Assets	0.99	0.15	0.76	0.85	1.0	0.85	-0.91	0.99	0.78	0.96	0.84	-0.27	0.96	0.86	-0.23	0.06	0.74	0.2	-0.19	0.66	0.68		0.19	-0.41	0.41	0.38
Short Term Debt	0.2	0.14	0.14	0.18	0.19	0.22	-0.11	0.17	0.21	0.12	0.2	-0.09	0.12	0.42	-0.36	0.09	0.24	-0.15	-0.38	0.18	0.07	0.19		-0.42	0.41	0.23
Intangible Assets	-0.36	0.47	-0.16	-0.35	-0.42	-0.23	0.43	-0.39	-0.5	-0.3	-0.2	0.86	-0.3	-0.61	0.97	0.4	-0.42	-0.14	-0.17	-0.07	-0.17	-0.41	-0.42		-1.0	-0.45
Good Will	0.36	-0.47	0.16	0.34	0.42	0.23	-0.43	0.39	0.5	0.3	0.2	-0.86	0.3	0.61	-0.97	-0.4	0.41	0.14	0.18	0.06	0.17	0.41	0.41	-1.0		0.45
Common Stock Total Equity	0.47	-0.04	0.63	0.74	0.37	0.65	-0.09	0.36	0.81	0.15	0.64	-0.34	0.15	0.69	-0.37	0.22	0.78	0.55	-0.12	0.66	0.44	0.38	0.23	-0.45	0.45

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National Beverage Account Relationship Matchups

National Beverage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	648.6M	557.2M	467.8M	574.3M	770.2M	265.7M
Other Current Liab	50.3M	43.6M	39.1M	47.2M	33.5M	17.2M
Total Current Liabilities	141.7M	147.2M	145.3M	144.3M	137.9M	68.5M
Total Stockholder Equity	452.3M	356.0M	239.4M	372.5M	559.5M	170.0M
Property Plant And Equipment Net	168.5M	172.7M	173.5M	187.9M	213.2M	56.1M
Net Debt	(255.4M)	(150.0M)	13.2M	(116.5M)	(272.3M)	(84.1M)
Retained Earnings	443.4M	337.7M	216.2M	358.3M	535.1M	160.2M
Accounts Payable	74.4M	88.8M	95.3M	85.1M	78.3M	48M
Cash	304.5M	193.6M	48.1M	158.1M	327.0M	84.1M
Non Current Assets Total	187.9M	192.3M	193.3M	207.9M	233.3M	79.4M
Non Currrent Assets Other	4.7M	4.8M	5.0M	5.2M	5.3M	(8.2M)
Cash And Short Term Investments	304.5M	193.6M	48.1M	158.1M	327.0M	84.1M
Net Receivables	84.9M	86.4M	93.6M	104.9M	102.8M	53.7M
Common Stock Shares Outstanding	93.7M	93.6M	93.6M	93.6M	93.6M	92.4M
Liabilities And Stockholders Equity	648.6M	557.2M	467.8M	574.3M	770.2M	265.7M
Non Current Liabilities Total	54.6M	54.0M	83.0M	57.5M	72.7M	27.2M
Inventory	63.5M	71.5M	103.3M	93.6M	84.6M	39.6M
Other Current Assets	7.8M	13.4M	50.3M	9.8M	22.4M	8.9M
Other Stockholder Equity	13.7M	14.1M	15.2M	11.1M	18.4M	131.0M
Total Liab	196.3M	201.2M	228.4M	201.9M	210.6M	95.7M
Property Plant And Equipment Gross	168.5M	172.7M	381.9M	148.4M	449.2M	56.1M
Total Current Assets	460.7M	364.9M	274.5M	366.4M	536.9M	186.3M
Accumulated Other Comprehensive Income	(5.4M)	3.0M	6.9M	(3.2M)	4.9M	(121.8M)
Other Liab	22.5M	25.2M	32.3M	27.8M	31.9M	33.5M
Other Assets	4.7M	4.8M	5.0M	5.2M	4.7M	5.0M
Property Plant Equipment	168.5M	172.7M	173.5M	148.4M	170.7M	88.2M
Current Deferred Revenue	14.5M	16.0M	14.8M	152K	3.3M	5.7M
Net Tangible Assets	442.5M	346.2M	229.6M	357.6M	411.2M	261.4M
Retained Earnings Total Equity	307.8M	313.4M	(443.4M)	358.3M	412.1M	432.7M
Capital Surpluse	36.4M	37.1M	37.9M	40.4M	36.4M	30.7M
Deferred Long Term Liab	14.5M	16.0M	14.8M	19.8M	22.8M	16.9M
Non Current Liabilities Other	7.6M	7.9M	8.5M	29.8M	7.8M	11.3M

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National Short Term Debt vs Common Stock Shares Outstanding Analysis

Short Term Debt vs Common Stock Shares Outstanding

Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Short Term Debt

Common Stock Shares Outstanding

National Beverage fundamental ratios Correlations

National Beverage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Beverage fundamental ratios Accounts

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Additional Tools for National Stock Analysis

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Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Retained Earnings

Good Will	- 1.0	Intangible Assets
Good Will	- 0.97	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Retained Earnings	- 0.92	Net Debt
Net Debt	- 0.92	Total Stockholder Equity