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Utz Brands (Utz Brands) Liabilities-to-Assets : 0.50 (As of Dec. 2023)


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What is Utz Brands Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Utz Brands's Total Liabilities for the quarter that ended in Dec. 2023 was $1,363 Mil. Utz Brands's Total Assets for the quarter that ended in Dec. 2023 was $2,747 Mil. Therefore, Utz Brands's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.50.


Utz Brands Liabilities-to-Assets Historical Data

The historical data trend for Utz Brands's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Utz Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 1.04 0.46 0.47 0.49 0.50

Utz Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets 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 0.49 0.49 0.50 0.49 0.50

Competitive Comparison of Utz Brands's Liabilities-to-Assets

For the Packaged Foods subindustry, Utz Brands's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Utz Brands's Liabilities-to-Assets falls into.



Utz Brands Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Utz Brands's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1363.053/2746.736
=0.50

Utz Brands's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1363.053/2746.736
=0.50

* 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.


Utz Brands  (NYSE:UTZ) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Utz Brands Liabilities-to-Assets Related Terms

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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