| FIZZ Stock | | | USD 47.55 0.47 1.00% |
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 Cash And Short Term Investments and its Intangible Assets 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.
Cash And Short Term Investments vs Intangible Assets
Cash And Short Term Investments vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
National Beverage Corp Cash And Short Term Investments account and
Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Beverage's Cash And Short Term Investments and Intangible Assets is -0.31. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Intangible Assets 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 Cash And Short Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of National Beverage Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash And Short Term Investments i.e., National Beverage's Cash And Short Term Investments and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of National Beverage Corp balance sheet. This account contains National Beverage investments that will expire within one year. These investments include stocks and bonds that can be liquidated by National Beverage Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 18.08 in 2024, whereas
Selling General Administrative is likely to drop slightly above 87.7
M in 2024.
National Beverage fundamental ratios Correlations
Click cells to compare fundamentals
National Beverage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Beverage fundamental ratios Accounts
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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.