National Beverage Corp. (FIZZ) Balance Sheet
FIZZ balance sheet, FY2026
April 30, 2026 · U.S. dollars$851.6M assets = $215.9M liabilities + $635.7M equity
Both columns are drawn to the same scale: what FIZZ owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FIZZ financial health
Descriptive bands, not a rating. Fiscal FY2026.
FIZZ balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $357.9MFY2017 | $851.6MFY2026 | +10.1%/yr | |
| Total liabilities | $112.3MFY2017 | $215.9MFY2026 | +7.5%/yr | |
| Shareholders’ equity | $245.6MFY2017 | $635.7MFY2026 | +11.1%/yr | |
| Cash & short-term investments | $136.4MFY2017 | $349.5MFY2026 | +11.0%/yr | |
| Total debt | $49.1MFY2020 | $58.9MFY2026 | +3.1%/yr | |
| Net cash (debt) | $255.4MFY2020 | $290.6MFY2026 | +$35.2M | |
| Working capital | $185.0MFY2017 | $457.8MFY2026 | +$272.8M | |
| Book value per share | $2.63FY2017 | $6.79FY2026 | +11.1%/yr | |
| Current ratio | 3.12FY2017 | 4.39FY2026 | +1.26 | |
| Debt / equity | 0.11FY2020 | 0.09FY2026 | −0.02 | |
| Shares outstanding | 93.5MFY2017 | 93.7MFY2026 | +0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FIZZ assets
FIZZ liabilities and equity
FIZZ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FIZZ balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $349.5M | $193.8M | $327.0M | $158.1M | $48.0M | $193.6M | $304.5M | $156.2M | $189.9M | $136.4M |
| Cash & equivalents | $349.5M | $193.8M | $327.0M | $158.1M | $48.0M | $193.6M | $304.5M | $156.2M | $189.9M | $136.4M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $104.3M | $104.2M | $102.8M | $104.9M | $93.6M | $86.4M | $84.9M | $84.8M | $84.4M | $71.3M |
| Inventory | $95.5M | $85.1M | $84.6M | $93.6M | $103.3M | $71.5M | $63.5M | $70.7M | $60.9M | $53.4M |
| Other current assets | $43.7M | $23.8M | $22.4M | $9.8M | $29.6M | $13.4M | $7.8M | $9.7M | $17.8M | $11.2M |
| Total current assets | $593.1M | $406.9M | $536.9M | $366.4M | $274.5M | $364.9M | $460.7M | $321.5M | $353.0M | $272.2M |
| Property, plant & equipment (net) | $238.9M | $245.9M | $213.2M | $187.9M | $173.5M | $172.7M | $168.5M | $111.3M | $85.8M | $65.2M |
| Goodwill & intangible assets | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $5.0M | $5.3M | $5.3M | $5.2M | $5.0M | $4.8M | $4.7M | $4.7M | $5.3M | $5.8M |
| Total assets | $851.6M | $672.9M | $770.2M | $574.3M | $467.8M | $557.2M | $648.6M | $452.2M | $458.8M | $357.9M |
| Liabilities | ||||||||||
| Accounts payable | $87.4M | $82.4M | $78.3M | $85.1M | $95.3M | $88.8M | $74.4M | $66.2M | $74.9M | $58.1M |
| Short-term debt | $14.5M | $14.5M | $13.1M | $11.7M | $10.5M | $14.8M | $17.0M | — | — | — |
| Deferred revenue | — | — | — | $152,000 | — | — | $14.8M | $16.0M | $14.5M | $3.9M |
| Total current liabilities | $135.2M | $140.5M | $137.9M | $144.3M | $145.3M | $147.2M | $141.7M | $97.0M | $104.7M | $87.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $30.0M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $58.9M | $72.1M | $54.8M | $41.5M | $31.2M | $43.6M | $49.1M | — | — | — |
| Other long-term liabilities | $80.7M | $88.4M | $72.7M | $57.5M | $53.0M | $54.0M | $54.6M | $23.5M | $22.7M | $25.1M |
| Total liabilities | $215.9M | $228.9M | $210.6M | $201.9M | $228.4M | $201.2M | $196.3M | $120.6M | $127.4M | $112.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $507,000 | $507,000 | $506,000 |
| Retained earnings (deficit) | $601.4M | $417.8M | $535.1M | $358.3M | $216.2M | $337.7M | $443.4M | $313.4M | $307.8M | $227.9M |
| Treasury stock | — | — | — | — | — | — | −$19.1M | −$18.0M | −$18.0M | −$18.0M |
| Accumulated other comprehensive income | $13.7M | $5.6M | $4.9M | −$3.2M | $6.9M | $3.0M | −$5.4M | −$1.5M | $4.6M | −$604,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $635.7M | $444.0M | $559.5M | $372.5M | $239.4M | $356.0M | $452.3M | $331.6M | $331.4M | $245.6M |
| Key figures | ||||||||||
| Total debt | $58.9M | $72.1M | $54.8M | $41.5M | $61.2M | $43.6M | $49.1M | — | — | — |
| Net cash (debt) | $290.6M | $121.7M | $272.3M | $116.5M | −$13.2M | $150.0M | $255.4M | — | — | — |
| Working capital | $457.8M | $266.4M | $398.9M | $222.1M | $129.2M | $217.7M | $319.0M | $224.4M | $248.3M | $185.0M |
| Tangible book value | $621.0M | $429.2M | $544.8M | $357.7M | $224.7M | $341.2M | $437.6M | $316.8M | $316.7M | $230.9M |
| Book value per share | $6.79 | $4.74 | $5.98 | $3.98 | $2.56 | $3.80 | $4.83 | $3.53 | $3.53 | $2.63 |
| Shares outstanding | 93.7M | 93.7M | 93.6M | 93.6M | 93.6M | 93.6M | 93.7M | 93.8M | 93.8M | 93.5M |
| Current ratio | 4.39 | 2.90 | 3.89 | 2.54 | 1.89 | 2.48 | 3.25 | 3.31 | 3.37 | 3.12 |
| Quick ratio | 3.36 | 2.12 | 3.12 | 1.82 | 0.97 | 1.90 | 2.75 | 2.48 | 2.62 | 2.38 |
| Debt / equity | 0.09 | 0.16 | 0.10 | 0.11 | 0.26 | 0.12 | 0.11 | — | — | — |
| Equity / assets | 74.6% | 66.0% | 72.6% | 64.9% | 51.2% | 63.9% | 69.7% | 73.3% | 72.2% | 68.6% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $107.1M | $349.5M | $314.0M | $269.3M | $249.8M | $193.8M | $149.2M | $112.8M | $77.0M | $327.0M | $277.0M | $247.7M |
| Cash & equivalents | $107.1M | $349.5M | $314.0M | $269.3M | $249.8M | $193.8M | $149.2M | $112.8M | $77.0M | $327.0M | $277.0M | $247.7M |
| Receivables | $105.8M | $104.3M | $97.4M | $93.2M | $106.5M | $104.2M | $90.9M | $99.6M | $116.0M | $102.8M | $101.7M | $100.2M |
| Inventory | $100.4M | $95.5M | $96.1M | $95.9M | $93.9M | $85.1M | $85.0M | $91.0M | $90.6M | $84.6M | $88.7M | $92.8M |
| Other current assets | $14.2M | $43.7M | $30.5M | $33.1M | $25.9M | $23.8M | $27.4M | $21.4M | $9.5M | $22.4M | $21.8M | $15.8M |
| Total current assets | $327.5M | $593.1M | $538.0M | $491.4M | $476.1M | $406.9M | $352.6M | $324.9M | $293.2M | $536.9M | $489.1M | $456.5M |
| Property, plant & equipment (net) | $235.6M | $238.9M | $234.9M | $238.1M | $241.5M | $245.9M | $219.4M | $209.6M | $209.1M | $213.2M | $210.7M | $196.3M |
| Goodwill & intangible assets | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M | $14.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $4.4M | $5.0M | $4.8M | $4.7M | $5.3M | $5.3M | $7.3M | $8.2M | $5.5M | $5.3M | $5.2M | $5.3M |
| Total assets | $582.3M | $851.6M | $792.5M | $749.0M | $737.8M | $672.9M | $594.0M | $557.4M | $522.6M | $770.2M | $719.9M | $672.9M |
| Liabilities | ||||||||||||
| Accounts payable | $81.8M | $87.4M | $66.9M | $63.8M | $78.7M | $82.4M | $62.6M | $69.6M | $73.9M | $78.3M | $73.3M | $80.0M |
| Short-term debt | $14.5M | $14.5M | $14.9M | $15.0M | $15.0M | $14.5M | $13.1M | $12.9M | $12.8M | $13.1M | $13.6M | $13.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | $11.0M | — | $789,000 | $194,000 |
| Total current liabilities | $136.9M | $135.2M | $122.1M | $114.7M | $146.9M | $140.5M | $119.6M | $128.1M | $147.5M | $137.9M | $133.1M | $142.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $58.8M | $58.9M | $62.7M | $66.2M | $69.9M | $72.1M | $55.3M | $50.5M | $51.9M | $54.8M | $58.2M | $45.1M |
| Other long-term liabilities | $77.6M | $80.7M | $79.3M | $83.0M | $86.7M | $88.4M | $74.2M | $69.2M | $68.5M | $72.7M | $76.6M | $63.2M |
| Total liabilities | $214.6M | $215.9M | $201.4M | $197.7M | $233.6M | $228.9M | $193.8M | $197.3M | $216.0M | $210.6M | $209.7M | $205.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $344.2M | $601.4M | $561.1M | $519.9M | $473.5M | $417.8M | $373.0M | $333.3M | $287.7M | $535.1M | $491.4M | $451.8M |
| Accumulated other comprehensive income | $2.8M | $13.7M | $9.4M | $10.9M | $9.8M | $5.6M | $6.7M | $6.5M | −$1.1M | $4.9M | $191,000 | −$2.5M |
| Total shareholders' equity | $367.7M | $635.7M | $591.1M | $551.3M | $504.1M | $444.0M | $400.2M | $360.1M | $306.6M | $559.5M | $510.2M | $467.2M |
| Key figures | ||||||||||||
| Total debt | $58.8M | $58.9M | $62.7M | $66.2M | $69.9M | $72.1M | $55.3M | $50.5M | $51.9M | $54.8M | $58.2M | $45.1M |
| Net cash (debt) | $48.3M | $290.6M | $251.3M | $203.1M | $179.9M | $121.7M | $93.9M | $62.4M | $25.1M | $272.3M | $218.8M | $202.6M |
| Working capital | $190.6M | $457.8M | $416.0M | $376.7M | $329.2M | $266.4M | $233.0M | $196.8M | $145.7M | $398.9M | $356.0M | $313.9M |
| Tangible book value | $352.9M | $621.0M | $576.3M | $536.5M | $489.4M | $429.2M | $385.5M | $345.4M | $291.8M | $544.8M | $495.5M | $452.4M |
| Book value per share | $3.93 | $6.79 | $6.31 | $5.88 | $5.38 | $4.74 | $4.27 | $3.84 | $3.27 | $5.97 | $5.45 | $4.99 |
| Shares outstanding | 93.7M | 93.7M | 93.6M | 93.7M | 93.7M | 93.7M | 93.7M | 93.7M | 93.7M | 93.7M | 93.6M | 93.6M |
| Current ratio | 2.39 | 4.39 | 4.41 | 4.28 | 3.24 | 2.90 | 2.95 | 2.54 | 1.99 | 3.89 | 3.68 | 3.20 |
| Quick ratio | 1.55 | 3.36 | 3.37 | 3.16 | 2.43 | 2.12 | 2.01 | 1.66 | 1.31 | 3.12 | 2.85 | 2.44 |
| Debt / equity | 0.16 | 0.09 | 0.11 | 0.12 | 0.14 | 0.16 | 0.14 | 0.14 | 0.17 | 0.10 | 0.11 | 0.10 |
| Equity / assets | 63.2% | 74.6% | 74.6% | 73.6% | 68.3% | 66.0% | 67.4% | 64.6% | 58.7% | 72.6% | 70.9% | 69.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 1, 2026); data from EODHD.
FIZZ financial position
At the end of fiscal 2026 (April 30, 2026), National Beverage had total assets of $851.6 million (up 26.6% from a year earlier), total liabilities of $215.9 million and shareholders' equity of $635.7 million. It held $349.5 million in cash and short-term investments against $58.9 million of debt, a net cash position of $290.6 million. Its current ratio was 4.39. In the latest quarter (ended July 31, 2026) total assets were $582.3 million and equity $367.7 million.
Related: FIZZ income statement, FIZZ cash flow statement, FIZZ key metrics. See the FIZZ stock overview for the latest quote and news.
FIZZ balance sheet FAQ
What are National Beverage's total assets?
National Beverage reported total assets of $851.6 million at the end of fiscal 2026 (April 30, 2026), compared with $672.9 million a year earlier.
How much debt does National Beverage have?
National Beverage had $58.9 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.09.
How much cash does National Beverage have?
National Beverage held $349.5 million in cash and short-term investments at the end of fiscal 2026; with $58.9 million of debt that is net cash of $290.6 million.
What is National Beverage's book value?
National Beverage's shareholders' equity (book value) was $635.7 million at the end of fiscal 2026, or $6.79 per share.
What is National Beverage's current ratio?
National Beverage had current assets of $593.1 million and current liabilities of $135.2 million, a current ratio of 4.39 (it can cover its short-term obligations).
How much goodwill does National Beverage have?
National Beverage carried $14.8 million of goodwill and intangible assets, 1.7% of total assets, at the end of fiscal 2026.