National Good Will vs Non Currrent Assets Other Analysis

0K50 Stock   49.47  0.28  0.57%   
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 Good Will and its Non Currrent Assets Other accounts. Check out Trending Equities 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 board of governors.

Good Will vs Non Currrent Assets Other

Good Will vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Beverage Corp Good Will account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between National Beverage's Good Will and Non Currrent Assets Other is -0.16. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Currrent Assets Other 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 Good Will and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of National Beverage Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Good Will i.e., National Beverage's Good Will and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Trending Equities 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 board of governors.
Selling General Administrative is likely to drop to about 74.6 M in 2024. Tax Provision is likely to drop to about 40.4 M in 2024
 2010 2011 2021 2024 (projected)
Total Revenue402.1M1.1B1.2B1.1B
Depreciation And Amortization9.9M31.2M20.2M31.8M

National Beverage fundamental ratios Correlations

0.50.320.660.990.96-0.910.980.510.930.96-0.140.930.920.770.460.710.210.940.751.00.74-0.750.760.00.29
0.5-0.190.180.470.55-0.220.450.170.290.550.340.290.60.291.00.770.90.570.520.480.48-0.310.29-0.750.84
0.32-0.190.910.210.51-0.160.190.930.140.5-0.980.140.530.83-0.270.48-0.020.540.720.26-0.38-0.830.840.11-0.24
0.660.180.910.550.81-0.430.530.980.440.81-0.810.440.840.990.10.770.230.840.940.59-0.03-0.990.99-0.060.05
0.990.470.210.550.91-0.961.00.380.970.91-0.030.970.860.670.430.60.120.870.641.00.82-0.650.660.080.25
0.960.550.510.810.91-0.780.90.710.81.0-0.330.80.990.90.490.850.361.00.910.930.54-0.890.89-0.140.33
-0.91-0.22-0.16-0.43-0.96-0.78-0.96-0.24-1.0-0.780.0-1.0-0.7-0.55-0.19-0.360.16-0.73-0.45-0.94-0.830.52-0.53-0.33-0.03
0.980.450.190.531.00.9-0.960.360.980.9-0.010.980.840.650.410.580.10.860.621.00.83-0.630.640.10.24
0.510.170.930.980.380.71-0.240.360.250.71-0.860.250.750.940.090.760.310.750.910.44-0.2-0.950.95-0.160.06
0.930.290.140.440.970.8-1.00.980.250.80.021.00.730.560.260.41-0.090.750.480.960.85-0.530.540.270.1
0.960.550.50.810.911.0-0.780.90.710.8-0.330.80.990.890.490.850.371.00.90.930.54-0.890.89-0.150.34
-0.140.34-0.98-0.81-0.03-0.330.0-0.01-0.860.02-0.330.02-0.36-0.710.41-0.330.11-0.37-0.59-0.080.530.71-0.72-0.160.35
0.930.290.140.440.970.8-1.00.980.251.00.80.020.730.560.260.41-0.090.750.480.960.85-0.530.540.270.1
0.920.60.530.840.860.99-0.70.840.750.730.99-0.360.730.910.540.910.461.00.940.890.47-0.910.91-0.240.39
0.770.290.830.990.670.9-0.550.650.940.560.89-0.710.560.910.210.820.270.920.960.710.13-1.01.0-0.080.12
0.461.0-0.270.10.430.49-0.190.410.090.260.490.410.260.540.210.710.890.50.450.440.49-0.230.22-0.760.85
0.710.770.480.770.60.85-0.360.580.760.410.85-0.330.410.910.820.710.760.890.940.640.23-0.830.83-0.570.59
0.210.9-0.020.230.120.360.160.10.31-0.090.370.11-0.090.460.270.890.760.410.520.160.05-0.30.29-0.90.8
0.940.570.540.840.871.0-0.730.860.750.751.0-0.370.751.00.920.50.890.410.940.90.48-0.910.91-0.190.36
0.750.520.720.940.640.91-0.450.620.910.480.9-0.590.480.940.960.450.940.520.940.690.15-0.970.97-0.330.34
1.00.480.260.591.00.93-0.941.00.440.960.93-0.080.960.890.710.440.640.160.90.690.79-0.70.70.050.26
0.740.48-0.38-0.030.820.54-0.830.83-0.20.850.540.530.850.470.130.490.230.050.480.150.79-0.110.120.080.32
-0.75-0.31-0.83-0.99-0.65-0.890.52-0.63-0.95-0.53-0.890.71-0.53-0.91-1.0-0.23-0.83-0.3-0.91-0.97-0.7-0.11-1.00.12-0.15
0.760.290.840.990.660.89-0.530.640.950.540.89-0.720.540.911.00.220.830.290.910.970.70.12-1.0-0.10.13
0.0-0.750.11-0.060.08-0.14-0.330.1-0.160.27-0.15-0.160.27-0.24-0.08-0.76-0.57-0.9-0.19-0.330.050.080.12-0.1-0.91
0.290.84-0.240.050.250.33-0.030.240.060.10.340.350.10.390.120.850.590.80.360.340.260.32-0.150.13-0.91
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National Beverage Account Relationship Matchups

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