National Beverage Corp (FIZZ) — Cash Flow-to-Debt Ratio
National Beverage Corp (FIZZ) has a Cash Flow-to-Debt Ratio of 0.25x as of January 2026, meaning its operating cash flow of $50.92 Million could theoretically repay 0% of its total liabilities ($201.41 Million) in one year. See FIZZ FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
National Beverage Corp Cash Flow-to-Debt Ratio (1992–2025)
Historical debt coverage capacity for National Beverage Corp across 38 annual periods. For the full cash flow conversion analysis, see how efficiently does National Beverage Corp generate cash.
Annual Cash Flow-to-Debt Ratio for National Beverage Corp (1992–2025)
Year-by-year debt coverage analysis for National Beverage Corp. Check FIZZ cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.90x | $206.70 Million | $228.86 Million | ▼ -3.9% |
| 2024 | 0.94x | $197.91 Million | $210.64 Million | ▲ +17.3% |
| 2023 | 0.80x | $161.66 Million | $201.85 Million | ▲ +37.4% |
| 2022 | 0.58x | $133.13 Million | $228.37 Million | ▼ -39.5% |
| 2021 | 0.96x | $193.77 Million | $201.24 Million | ▲ +6.4% |
| 2020 | 0.91x | $177.69 Million | $196.31 Million | ▼ -21.7% |
| 2019 | 1.16x | $139.44 Million | $120.58 Million | ▼ -4.8% |
| 2018 | 1.21x | $154.72 Million | $127.39 Million | ▲ +19.9% |
| 2017 | 1.01x | $113.77 Million | $112.27 Million | ▲ +27.5% |
| 2016 | 0.79x | $78.95 Million | $99.35 Million | ▲ +36.9% |
| 2015 | 0.58x | $58.02 Million | $99.97 Million | ▲ +29.2% |
| 2014 | 0.45x | $52.38 Million | $116.64 Million | ▲ +54.3% |
| 2013 | 0.29x | $40.26 Million | $138.33 Million | ▼ -21.7% |
| 2012 | 0.37x | $37.70 Million | $101.35 Million | ▼ -31.1% |
| 2011 | 0.54x | $55.30 Million | $102.47 Million | ▼ -2.0% |
| 2010 | 0.55x | $54.38 Million | $98.79 Million | ▲ +47.0% |
| 2009 | 0.37x | $35.83 Million | $95.70 Million | ▼ 0.0% |
| 2009 | 0.37x | $35.83 Million | $95.67 Million | ▲ +4.1% |
| 2008 | 0.36x | $33.99 Million | $94.50 Million | ▼ 0.0% |
| 2008 | 0.36x | $33.99 Million | $94.50 Million | ▲ +9.8% |
| 2007 | 0.33x | $32.84 Million | $100.27 Million | ▲ +0.3% |
| 2006 | 0.33x | $28.55 Million | $87.48 Million | ▼ -19.3% |
| 2005 | 0.40x | $32.90 Million | $81.29 Million | ▲ +41.4% |
| 2004 | 0.29x | $21.32 Million | $74.50 Million | ▲ +0.0% |
| 2004 | 0.29x | $21.32 Million | $74.52 Million | ▼ -40.4% |
| 2003 | 0.48x | $35.99 Million | $74.90 Million | ▲ +0.0% |
| 2003 | 0.48x | $35.99 Million | $74.90 Million | ▲ +64.6% |
| 2002 | 0.29x | $23.36 Million | $80.01 Million | ▲ +29.7% |
| 2001 | 0.23x | $21.47 Million | $95.38 Million | ▲ +19.2% |
| 2000 | 0.19x | $19.65 Million | $104.07 Million | ▲ +177.3% |
| 1999 | 0.07x | $6.70 Million | $98.40 Million | ▼ -68.1% |
| 1998 | 0.21x | $24.00 Million | $112.30 Million | ▲ +46.8% |
| 1997 | 0.15x | $16.60 Million | $114.00 Million | ▲ +30.2% |
| 1996 | 0.11x | $14.60 Million | $130.50 Million | ▲ +49.2% |
| 1995 | 0.07x | $8.90 Million | $118.70 Million | ▲ +19.9% |
| 1994 | 0.06x | $7.90 Million | $126.30 Million | ▼ -62.8% |
| 1993 | 0.17x | $23.50 Million | $139.90 Million | ▲ +117.3% |
| 1992 | 0.08x | $10.50 Million | $135.80 Million | — |