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 ratio0.6x
CashUS$52.02m
EquityUS$1.38b
Total liabilitiesUS$1.36b
Total assetsUS$2.75b

Recent financial health updates

Recent updates

Is Utz Brands, Inc. (NYSE:UTZ) Trading At A 44% Discount?

Mar 01
Is Utz Brands, Inc. (NYSE:UTZ) Trading At A 44% Discount?

Utz Brands: Optimistic Growth Prospects Baked In

Feb 01

Utz Brands (NYSE:UTZ) Takes On Some Risk With Its Use Of Debt

Feb 01
Utz Brands (NYSE:UTZ) Takes On Some Risk With Its Use Of Debt

Capital Allocation Trends At Utz Brands (NYSE:UTZ) Aren't Ideal

Jan 14
Capital Allocation Trends At Utz Brands (NYSE:UTZ) Aren't Ideal

The Price Is Right For Utz Brands, Inc. (NYSE:UTZ)

Dec 23
The Price Is Right For Utz Brands, Inc. (NYSE:UTZ)

Utz Brands: Secular Tailwind With Share Gains Potential

Dec 16

When Should You Buy Utz Brands, Inc. (NYSE:UTZ)?

Dec 05
When Should You Buy Utz Brands, Inc. (NYSE:UTZ)?

Snack Maker Utz Brands: Holding For Dividend Growth And Cash Flow

Nov 22

Utz Brands: Underwhelming And Slowdown Potential Ahead

Sep 23

Utz Brands (NYSE:UTZ) Is Due To Pay A Dividend Of $0.057

Sep 12
Utz Brands (NYSE:UTZ) Is Due To Pay A Dividend Of $0.057

Investors Could Be Concerned With Utz Brands' (NYSE:UTZ) Returns On Capital

Sep 06
Investors Could Be Concerned With Utz Brands' (NYSE:UTZ) Returns On Capital

UTZ Brands: Still Unattractive Despite The Share Price Drop

Aug 24

Revenues Tell The Story For Utz Brands, Inc. (NYSE:UTZ)

Jul 19
Revenues Tell The Story For Utz Brands, Inc. (NYSE:UTZ)

Utz Brands: Value Creation Opportunities Relating To Capital Allocation

Jul 03

Utz Brands (NYSE:UTZ) Has Announced A Dividend Of $0.057

Jun 13
Utz Brands (NYSE:UTZ) Has Announced A Dividend Of $0.057

Are Investors Undervaluing Utz Brands, Inc. (NYSE:UTZ) By 21%?

May 01
Are Investors Undervaluing Utz Brands, Inc. (NYSE:UTZ) By 21%?

Utz Brands (NYSE:UTZ) Is Increasing Its Dividend To $0.057

Apr 10
Utz Brands (NYSE:UTZ) Is Increasing Its Dividend To $0.057

What Does Utz Brands, Inc.'s (NYSE:UTZ) Share Price Indicate?

Mar 17
What Does Utz Brands, Inc.'s (NYSE:UTZ) Share Price Indicate?

Utz Brands: Capturing Share In The U.S. Salty Snack Category

Jan 19

Utz Brands: Potential Upside Ahead With A Caveat

Jan 04

Utz Brands' (NYSE:UTZ) Upcoming Dividend Will Be Larger Than Last Year's

Dec 12
Utz Brands' (NYSE:UTZ) Upcoming Dividend Will Be Larger Than Last Year's

Utz Brands raises quarterly dividend by 5.6% to $0.057/share

Dec 08

Utz Brands Q3 2022 Earnings Preview

Nov 09

Utz Brands: Is The Business Solid Enough To Justify The Valuation?

Oct 11

Utz Brands CEO Lissette to become executive chairman

Oct 03

Utz Brands declares $0.054 dividend

Sep 08

Utz Brands reports Q2 earnings beat; raises its FY2022 net sales & adjusted EBITDA outlook

Aug 11

Utz Brands: Not Looking So Appetizing Anymore

Jun 24

An Intrinsic Calculation For Utz Brands, Inc. (NYSE:UTZ) Suggests It's 50% Undervalued

Mar 30
An Intrinsic Calculation For Utz Brands, Inc. (NYSE:UTZ) Suggests It's 50% Undervalued

Utz Brands: Despite Outperformance, The Picture Hasn't Changed

Mar 10

Here's What's Concerning About Utz Brands' (NYSE:UTZ) Returns On Capital

Jan 20
Here's What's Concerning About Utz Brands' (NYSE:UTZ) Returns On Capital

Financial 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.


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