Is NATIONAL BEVERAGE CORP (FIZZ) Halal?
Shariah Screening — 5 Standards
Based on financial data from April 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.2% / 30% | 5.8% / 30% | 3.1% / 30% | 0.77% / 5% | ✓ HALAL |
| DJIM | 2.2% / 33% | 5.8% / 33% | 3.1% / 33% | 0.77% / 5% | ✓ HALAL |
| MSCI | 10.7% / 33% | 28.8% / 33% | 15.5% / 33% | 0.77% / 5% | ✓ HALAL |
| S&P | 2.2% / 33% | 5.8% / 33% | 3.1% / 33% | 0.77% / 5% | ✓ HALAL |
| FTSE | 10.7% / 33% | 28.8% / 33% | 15.5% / 50% | 0.77% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.4% | |
| Operating Margin | 19.3% | |
| Net Margin | 15.7% | |
| Return on Equity (ROE) | 37.9% | |
| Return on Assets (ROA) | 21.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $207M |
| Free Cash Flow | $170M |
| Total Debt | $72M |
| Debt-to-Equity | 10.6 |
| Current Ratio | 4.4 |
| Total Assets | $673M |
Price & Trading
| Last Close | $33.30 |
| 50-Day MA | $35.09 |
| 200-Day MA | $37.94 |
| Avg Volume | 278K |
| Beta | 0.7 |
|
52-Week Range
$31.21
| |
About NATIONAL BEVERAGE CORP (FIZZ)
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix brands; non-carbonated water under the Clear Fruit; energy drink and shots under the Rip It brand; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr. Pure brands; and carbonated soft drinks under Shasta and Faygo brands. It serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels. The company was incorporated in 1985 and is headquartered in Fort Lauderdale, Florida. National Beverage Corp. is a subsidiary of IBS Partners, Ltd.
Purification Calculator
As a halal stock with 0.77% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is NATIONAL BEVERAGE CORP (FIZZ) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NATIONAL BEVERAGE CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is NATIONAL BEVERAGE CORP's debt ratio?
NATIONAL BEVERAGE CORP's debt ratio is 2.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 10.7%.
Does NATIONAL BEVERAGE CORP require dividend purification?
Yes, NATIONAL BEVERAGE CORP has an impermissible income ratio of 0.77%, which means 0.77% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are NATIONAL BEVERAGE CORP's key financial metrics?
NATIONAL BEVERAGE CORP has a market capitalization of $3.1B, trailing P/E ratio of 16.6, and revenue of $1.2B. The company maintains a gross margin of 37.4% and a net margin of 15.7%. Return on equity stands at 37.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.