GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Utz Brands Inc (NYSE:UTZ) » Definitions » Tangible Book per Share

Utz Brands (Utz Brands) Tangible Book per Share : $-16.13 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Utz Brands Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Utz Brands's tangible book value per share for the quarter that ended in Dec. 2023 was $-16.13.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Utz Brands Tangible Book per Share Historical Data

The historical data trend for Utz Brands's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Utz Brands Tangible Book per Share Chart

Utz Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial -7.38 -20.83 -17.75 -16.22 -16.13

Utz Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.22 -16.21 -16.12 -15.78 -16.13

Competitive Comparison of Utz Brands's Tangible Book per Share

For the Packaged Foods subindustry, Utz Brands's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Utz Brands's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Utz Brands's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Utz Brands's Price-to-Tangible-Book falls into.



Utz Brands Tangible Book per Share Calculation

Utz Brands's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(669.496-0-1978.708)/81.188
=-16.13

Utz Brands's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(669.496-0-1978.708)/81.188
=-16.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Utz Brands  (NYSE:UTZ) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Utz Brands Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Utz Brands's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Utz Brands (Utz Brands) Business Description

Traded in Other Exchanges
N/A
Address
900 High Street, Hanover, PA, USA, 17331
Utz Brands Inc is a snack food manufacturing company. It manufactures a diverse portfolio of salty snacks under popular brands including Utz, Zapp's, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TORTIYAHS!, among others. The company's products include potato chips, pretzels, cheese snacks, pork skins, pub/party mixes, and veggie snacks. Its products are distributed nationally and internationally through grocery, mass merchant, club, convenience, drug, and other channels. It operates in the given segment: the manufacturing, distribution, marketing and sale of snack food products.
Executives
Theresa Robbins Shea officer: EVP and General Counsel 900 HIGH STREET, HANOVER PA 17331
Jennifer Bentz officer: EVP, Insights, Innov & Mktg 900 HIGH STREET, HANOVER PA 17331
Dylan Lissette director, officer: Chief Executive Officer 860 WESTMINSTER AVENUE, HANOVER PA 17331
Roger K Deromedi director, 10 percent owner, officer: Chairman 900 HIGH STREET, HANOVER PA 17331
Chinh Chu 10 percent owner THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Cc Collier Holdings, Llc 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166
Howard A Friedman director, officer: CEO 900 HIGH STREET, HANOVER PA 17331
Chad Whyte officer: EVP, Supply Chain 900 HIGH STREET, HANOVER PA 17331
Pamela J Stewart director 900 HIGH STREET, HANOVER PA 17331
Shannan Redcay officer: EVP, Manufacturing 900 HIGH STREET, HANOVER PA 17331
Cary Devore officer: EVP & CFO 900 HIGH STREET, HANOVER PA 17331
Shane Chambers officer: EVP & Chief Growth Officer 900 HIGH STREET, HANOVER PA 17331
John W Altmeyer director 946 HIGHMEADOW COURT, LANCASTER PA 17601
Antonio F. Fernandez director C/O PINNACLE FOODS INC., 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
Ajay Kataria officer: EVP, Finance & Accounting 900 HIGH STREET, HANOVER PA 17331