Utz Total Operating Expenses vs Other Operating Expenses Analysis

UTZ Stock  USD 17.48  0.18  1.04%   
Utz Brands financial indicator trend analysis is much more than just breaking down Utz Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Utz Brands is a good investment. Please check the relationship between Utz Brands Total Operating Expenses and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Utz Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Utz Stock please use our How to Invest in Utz Brands guide.

Total Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Utz Brands Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Utz Brands' Total Operating Expenses and Other Operating Expenses is 1.0. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Utz Brands, assuming nothing else is changed. The correlation between historical values of Utz Brands' Total Operating Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Utz Brands are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., Utz Brands' Total Operating Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Utz Brands. It is also known as Utz Brands overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Utz Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Utz Brands current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Utz Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Utz Stock please use our How to Invest in Utz Brands guide.At this time, Utz Brands' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 23.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 104.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit383.9M449.1M456.5M378.4M
Total Revenue1.2B1.4B1.4B1.2B

Utz Brands fundamental ratios Correlations

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-0.69-0.64-0.68-0.70.8-0.690.62-0.66-0.67-0.690.680.97-0.670.69-0.63-0.68-0.66-0.63-0.69-0.68-0.69-0.680.69-0.670.69
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-0.86-0.62-0.91-0.920.620.81-0.88-0.94-0.86-0.860.80.7-0.860.87-0.98-0.89-0.9-0.92-0.88-0.89-0.88-0.890.87-0.850.87
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-0.99-0.95-0.95-0.960.680.98-0.980.8-0.92-0.95-0.990.83-0.950.99-0.86-0.98-0.95-0.86-0.98-0.98-0.98-0.960.99-0.970.99
-0.83-0.79-0.81-0.830.970.92-0.830.7-0.78-0.79-0.840.83-0.790.83-0.74-0.83-0.8-0.73-0.83-0.82-0.83-0.810.83-0.810.83
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0.910.680.950.96-0.63-0.860.92-0.980.970.90.91-0.86-0.740.9-0.910.930.950.950.930.940.930.94-0.910.9-0.91
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0.980.840.990.98-0.66-0.930.99-0.90.990.960.98-0.95-0.80.96-0.960.950.990.960.990.990.990.99-0.960.96-0.96
0.930.760.970.95-0.63-0.860.94-0.920.980.960.92-0.86-0.730.96-0.90.950.940.960.930.950.940.97-0.90.95-0.9
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1.00.891.00.99-0.68-0.961.0-0.890.980.981.0-0.98-0.820.98-0.980.941.00.990.951.01.01.0-0.980.99-0.98
1.00.90.990.99-0.69-0.971.0-0.880.980.981.0-0.98-0.830.98-0.990.931.00.990.941.01.00.99-0.990.99-0.99
0.990.881.00.99-0.68-0.950.99-0.890.990.990.99-0.96-0.810.99-0.970.940.990.990.970.991.00.99-0.970.99-0.97
-0.99-0.92-0.97-0.980.690.98-0.990.87-0.95-0.96-0.990.990.83-0.961.0-0.91-0.99-0.96-0.9-0.99-0.98-0.99-0.97-0.971.0
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-0.99-0.92-0.97-0.980.690.98-0.990.87-0.95-0.96-0.990.990.83-0.961.0-0.91-0.99-0.96-0.9-0.99-0.98-0.99-0.971.0-0.97
Click cells to compare fundamentals

Utz Brands Account Relationship Matchups

Utz Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets451.7M2.6B2.7B2.8B2.7B2.2B
Other Current Liab591.1K127.6M55.2M78.4M62.6M59.5M
Total Current Liabilities602.8K147.5M188.0M237.4M230.7M147.5M
Total Stockholder Equity435.7M602.3M679.7M703.1M669.5M645.0M
Other Liab38.8M196.6M215.2M202.2M182.0M174.5M
Net Tangible Assets(412.5M)(1.5B)(1.4B)(1.3B)(1.2B)(1.2B)
Net Debt(585.3K)765.2M834.7M871.8M933.3M624.0M
Retained Earnings5.0M(22.4M)(236.6M)(254.6M)(298.0M)(283.1M)
Accounts Payable11.7K57.3M95.4M114.4M124.4M71.8M
Cash585.3K46.8M41.9M72.9M52.0M39.5M
Non Current Assets Total451.0M2.3B2.4B2.5B2.4B1.9B
Non Currrent Assets Other451.0M35.7M76.7M108.1M121.1M164.6M
Other Assets36.3M35.7M45.0M95.3M85.8M104.7M
Cash And Short Term Investments585.3K46.8M41.9M72.9M52.0M39.5M
Liabilities And Stockholders Equity451.7M2.6B2.7B2.8B2.7B2.2B
Capital Surpluse0.0623.7M912.6M926.9M1.1B542.6M
Other Current Assets136.3K11.6M18.4M35.0M31.0M17.7M
Other Stockholder Equity1.4M793.5M912.6M926.9M944.6M656.7M
Total Liab16.1M1.1B1.3B1.4B1.4B939.9M
Net Invested Capital435.7M1.4B1.6B1.6B1.6B1.3B
Total Current Assets721.6K244.2M277.9M372.2M328.1M224.5M
Net Working Capital118.8K96.7M89.9M134.8M97.4M77.0M

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