Utz Brands Balance Sheet Health
Financial Health criteria checks 1/6
Utz Brands has a total shareholder equity of $1.4B and total debt of $811.4M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are $2.7B and $1.2B respectively. Utz Brands's EBIT is $47.6M making its interest coverage ratio 0.9. It has cash and short-term investments of $66.6M.
Key information
57.7%
Debt to equity ratio
US$811.44m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$66.57m |
| Equity | US$1.41b |
| Total liabilities | US$1.24b |
| Total assets | US$2.65b |
Recent financial health updates
These 4 Measures Indicate That Utz Brands (NYSE:UTZ) Is Using Debt Reasonably Well
Jul 12
Utz Brands (NYSE:UTZ) Takes On Some Risk With Its Use Of Debt
Feb 01Recent updates
Is Utz Brands, Inc. (NYSE:UTZ) Trading At A 36% Discount?
Sep 05These 4 Measures Indicate That Utz Brands (NYSE:UTZ) Is Using Debt Reasonably Well
Jul 12Utz Brands: Network Optimization Strategy Making Good Progress
Jun 19Utz Brands (NYSE:UTZ) Has Announced A Dividend Of $0.059
Jun 11Utz Brands, Inc.'s (NYSE:UTZ) Popularity With Investors Is Clear
Jun 06Capital Allocation Trends At Utz Brands (NYSE:UTZ) Aren't Ideal
Apr 16Utz Brands: Enough Reasons To Be Salty (Rating Downgrade)
Apr 15Is 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 08Financial Position Analysis
Short Term Liabilities: UTZ's short term assets ($354.4M) exceed its short term liabilities ($209.5M).
Long Term Liabilities: UTZ's short term assets ($354.4M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: UTZ's net debt to equity ratio (53%) is considered high.
Reducing Debt: UTZ's debt to equity ratio has increased from 0% to 57.7% over the past 5 years.
Debt Coverage: UTZ's debt is not well covered by operating cash flow (10%).
Interest Coverage: UTZ's interest payments on its debt are not well covered by EBIT (0.9x coverage).