National Beverage Corp (FIZZ) — Working Capital to Net Assets Ratio
National Beverage Corp (FIZZ) has a Working Capital to Net Assets ratio of 70.4% as of January 2026. Working capital of $415.97 Million (current assets of $538.04 Million minus current liabilities of $122.07 Million) is measured against net assets of $591.06 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is National Beverage Corp's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
National Beverage Corp Working Capital to Net Assets (1992–2025)
This chart shows how National Beverage Corp's Working Capital to Net Assets ratio has evolved across 38 annual periods from 1992 to 2025. As of January 2026, the ratio stands at 70.4%, reflecting working capital of $415.97 Million against net assets of $591.06 Million USD. Check tangible net worth ratio of National Beverage Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for National Beverage Corp (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for National Beverage Corp from 1992 to 2025, covering 38 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see National Beverage Corp market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 60.0% | $266.43 Million | $444.00 Million | $406.93 Million | $140.50 Million | ▼ -11.3 pp |
| 2024 | 71.3% | $398.94 Million | $559.51 Million | $536.87 Million | $137.93 Million | ▲ +11.7 pp |
| 2023 | 59.6% | $222.08 Million | $372.49 Million | $366.40 Million | $144.32 Million | ▲ +5.7 pp |
| 2022 | 54.0% | $129.20 Million | $239.44 Million | $274.52 Million | $145.32 Million | ▼ -7.2 pp |
| 2021 | 61.2% | $217.75 Million | $356.00 Million | $364.94 Million | $147.19 Million | ▼ -9.4 pp |
| 2020 | 70.5% | $319.02 Million | $452.34 Million | $460.71 Million | $141.69 Million | ▲ +2.9 pp |
| 2019 | 67.7% | $224.42 Million | $331.61 Million | $321.46 Million | $97.04 Million | ▼ -7.2 pp |
| 2018 | 74.9% | $248.30 Million | $331.44 Million | $352.97 Million | $104.67 Million | ▼ -0.4 pp |
| 2017 | 75.3% | $185.02 Million | $245.62 Million | $272.23 Million | $87.21 Million | ▲ +3.5 pp |
| 2016 | 71.8% | $148.06 Million | $206.15 Million | $223.67 Million | $75.61 Million | ▲ +3.2 pp |
| 2015 | 68.7% | $101.48 Million | $147.78 Million | $167.73 Million | $66.25 Million | ▼ -5.4 pp |
| 2014 | 74.0% | $78.62 Million | $106.20 Million | $143.14 Million | $64.52 Million | ▼ -22.0 pp |
| 2013 | 96.0% | $67.50 Million | $70.32 Million | $130.94 Million | $63.44 Million | ▲ +38.6 pp |
| 2012 | 57.4% | $69.82 Million | $121.64 Million | $146.05 Million | $76.24 Million | ▲ +18.9 pp |
| 2011 | 38.5% | $30.93 Million | $80.34 Million | $106.53 Million | $75.60 Million | ▼ -27.1 pp |
| 2010 | 65.6% | $92.90 Million | $141.57 Million | $164.62 Million | $71.72 Million | ▼ -3.7 pp |
| 2009 | 69.3% | $117.80 Million | $170.00 Million | $186.30 Million | $68.50 Million | ▼ 0.0 pp |
| 2009 | 69.3% | $117.84 Million | $170.01 Million | $186.30 Million | $68.46 Million | ▲ +7.5 pp |
| 2008 | 61.8% | $89.40 Million | $144.60 Million | $157.30 Million | $67.90 Million | ▲ +0.0 pp |
| 2008 | 61.8% | $89.40 Million | $144.62 Million | $157.34 Million | $67.94 Million | ▼ -0.3 pp |
| 2007 | 62.1% | $97.68 Million | $157.36 Million | $173.51 Million | $75.82 Million | ▲ +4.7 pp |
| 2006 | 57.3% | $75.03 Million | $130.86 Million | $136.01 Million | $60.99 Million | ▲ +0.1 pp |
| 2005 | 57.2% | $81.96 Million | $143.30 Million | $139.85 Million | $57.88 Million | ▲ +5.4 pp |
| 2004 | 51.8% | $65.00 Million | $125.40 Million | $121.50 Million | $56.50 Million | ▲ +0.0 pp |
| 2004 | 51.8% | $64.97 Million | $125.38 Million | $121.49 Million | $56.52 Million | ▼ -3.9 pp |
| 2003 | 55.7% | $79.80 Million | $143.30 Million | $136.40 Million | $56.60 Million | ▲ +0.0 pp |
| 2003 | 55.7% | $79.78 Million | $143.29 Million | $136.42 Million | $56.64 Million | ▼ -0.1 pp |
| 2002 | 55.8% | $70.16 Million | $125.68 Million | $123.88 Million | $53.71 Million | ▼ -1.7 pp |
| 2001 | 57.6% | $62.44 Million | $108.49 Million | $120.29 Million | $57.85 Million | ▼ -1.0 pp |
| 2000 | 58.6% | $54.91 Million | $93.69 Million | $113.67 Million | $58.77 Million | ▼ -11.5 pp |
| 1999 | 70.1% | $57.50 Million | $82.00 Million | $104.10 Million | $46.60 Million | ▼ -1.9 pp |
| 1998 | 72.0% | $50.40 Million | $70.00 Million | $107.30 Million | $56.90 Million | ▼ -11.8 pp |
| 1997 | 83.8% | $47.70 Million | $56.90 Million | $96.20 Million | $48.50 Million | ▼ -10.0 pp |
| 1996 | 93.8% | $44.20 Million | $47.10 Million | $102.20 Million | $58.00 Million | ▲ +18.0 pp |
| 1995 | 75.9% | $33.30 Million | $43.90 Million | $98.80 Million | $65.50 Million | ▼ -9.3 pp |
| 1994 | 85.1% | $30.90 Million | $36.30 Million | $95.20 Million | $64.30 Million | ▼ -71.7 pp |
| 1993 | 156.8% | $29.80 Million | $19.00 Million | $88.80 Million | $59.00 Million | ▲ +74.7 pp |
| 1992 | 82.1% | $21.10 Million | $25.70 Million | $76.00 Million | $54.90 Million | — |