Utz Asset Turnover from 2010 to 2024

UTZ Stock  USD 17.03  0.14  0.82%   
Utz Brands Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Utz Brands uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.52361676
Current Value
0.77
Quarterly Volatility
0.32380733
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Utz Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Utz Brands' main balance sheet or income statement drivers, such as Tax Provision of 794.9 K, Interest Income of 52.8 M or Depreciation And Amortization of 49.6 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0153 or PTB Ratio of 1.4. Utz financial statements analysis is a perfect complement when working with Utz Brands Valuation or Volatility modules.
  
Check out the analysis of Utz Brands Correlation against competitors.
For more information on how to buy Utz Stock please use our How to Invest in Utz Brands guide.

Latest Utz Brands' Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Utz Brands over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Utz Brands' Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Utz Brands' overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Pretty Stable
   Asset Turnover   
       Timeline  

Utz Asset Turnover Regression Statistics

Arithmetic Mean0.60
Geometric Mean0.56
Coefficient Of Variation54.06
Mean Deviation0.18
Median0.50
Standard Deviation0.32
Sample Variance0.10
Range1.2457
R-Value0.16
Mean Square Error0.11
R-Squared0.03
Significance0.56
Slope0.01
Total Sum of Squares1.47

Utz Asset Turnover History

2024 0.77
2023 0.52
2018 1.74

Other Fundumenentals of Utz Brands

Utz Brands Asset Turnover component correlations

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Click cells to compare fundamentals

About Utz Brands Financial Statements

Utz Brands investors use historical fundamental indicators, such as Utz Brands' Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Utz Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 4.51  3.06 
Asset Turnover 0.52  0.77 

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Additional Tools for Utz Stock Analysis

When running Utz Brands' price analysis, check to measure Utz Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Utz Brands is operating at the current time. Most of Utz Brands' value examination focuses on studying past and present price action to predict the probability of Utz Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Utz Brands' price. Additionally, you may evaluate how the addition of Utz Brands to your portfolios can decrease your overall portfolio volatility.