In: Finance
Please show work. Calculate the following for the National Beverage Corp. (for the latest year listed) You can use https://www.nasdaq.com/symbol/fizz/financials
a)Long term debt ratio,
b)Total debt ratio
c) Debt-to-equity ratio
In the National beverage corporation the Ratio Calculated on the basis of last quarter figures
Answer 1:- Long term debt ratio
The long term debt ratio is calculated as long term debt divided by the total assets and here we see in the latest figures of the last quarter the long term debt is 0 . And the total assets is equal to 458832
so the long term ratio is 0 / 458832 = 0 times
Answer 2:- Total debt ratio
The total debt ratio is calculated as total debt debt divided by the total assets and here we see in the latest figures of the last quarter the total debt is 127392. Total debt includes all short term and long term debts And the total assets is equal to 458832
so the total debt ratio = 127392 / 458832 = 0.2776 times
Answer 3 :- Debt equity ratio
The debt equity ratio is calculated by divide the total debt by total equity And here the total debt is 127392. And the total equity is total shareholders fund that is 331440
so the debt equity ratio = 127392 / 331440 = 0.384 times