Utz Brands Balance Sheet Health
Financial Health criteria checks 3/6
Utz Brands has a total shareholder equity of $1.4B and total debt of $861.7M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are $2.7B and $1.4B respectively. Utz Brands's EBIT is $34.2M making its interest coverage ratio 0.6. It has cash and short-term investments of $52.0M.
Key information
62.3%
Debt to equity ratio
US$861.73m
Debt
Interest coverage ratio | 0.6x |
Cash | US$52.02m |
Equity | US$1.38b |
Total liabilities | US$1.36b |
Total assets | US$2.75b |
Recent financial health updates
Recent updates
Is Utz Brands, Inc. (NYSE:UTZ) Trading At A 44% Discount?
Mar 01Utz Brands: Optimistic Growth Prospects Baked In
Feb 01Utz Brands (NYSE:UTZ) Takes On Some Risk With Its Use Of Debt
Feb 01Capital Allocation Trends At Utz Brands (NYSE:UTZ) Aren't Ideal
Jan 14The Price Is Right For Utz Brands, Inc. (NYSE:UTZ)
Dec 23Utz Brands: Secular Tailwind With Share Gains Potential
Dec 16When Should You Buy Utz Brands, Inc. (NYSE:UTZ)?
Dec 05Snack Maker Utz Brands: Holding For Dividend Growth And Cash Flow
Nov 22Utz Brands: Underwhelming And Slowdown Potential Ahead
Sep 23Utz Brands (NYSE:UTZ) Is Due To Pay A Dividend Of $0.057
Sep 12Investors Could Be Concerned With Utz Brands' (NYSE:UTZ) Returns On Capital
Sep 06UTZ Brands: Still Unattractive Despite The Share Price Drop
Aug 24Revenues Tell The Story For Utz Brands, Inc. (NYSE:UTZ)
Jul 19Utz Brands: Value Creation Opportunities Relating To Capital Allocation
Jul 03Utz Brands (NYSE:UTZ) Has Announced A Dividend Of $0.057
Jun 13Are Investors Undervaluing Utz Brands, Inc. (NYSE:UTZ) By 21%?
May 01Utz Brands (NYSE:UTZ) Is Increasing Its Dividend To $0.057
Apr 10What Does Utz Brands, Inc.'s (NYSE:UTZ) Share Price Indicate?
Mar 17Utz Brands: Capturing Share In The U.S. Salty Snack Category
Jan 19Utz Brands: Potential Upside Ahead With A Caveat
Jan 04Utz Brands' (NYSE:UTZ) Upcoming Dividend Will Be Larger Than Last Year's
Dec 12Utz Brands raises quarterly dividend by 5.6% to $0.057/share
Dec 08Utz Brands Q3 2022 Earnings Preview
Nov 09Utz Brands: Is The Business Solid Enough To Justify The Valuation?
Oct 11Utz Brands CEO Lissette to become executive chairman
Oct 03Utz Brands declares $0.054 dividend
Sep 08Utz Brands reports Q2 earnings beat; raises its FY2022 net sales & adjusted EBITDA outlook
Aug 11Utz Brands: Not Looking So Appetizing Anymore
Jun 24An Intrinsic Calculation For Utz Brands, Inc. (NYSE:UTZ) Suggests It's 50% Undervalued
Mar 30Utz Brands: Despite Outperformance, The Picture Hasn't Changed
Mar 10Here's What's Concerning About Utz Brands' (NYSE:UTZ) Returns On Capital
Jan 20Financial Position Analysis
Short Term Liabilities: UTZ's short term assets ($328.1M) exceed its short term liabilities ($230.7M).
Long Term Liabilities: UTZ's short term assets ($328.1M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: UTZ's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: UTZ's debt to equity ratio has increased from 0% to 62.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable UTZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: UTZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.9% per year.