| UTZ Stock | | | USD 17.03 0.14 0.82% |
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 Capex To Depreciation and its Income Quality 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.
Capex To Depreciation vs Income Quality
Capex To Depreciation vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Utz Brands Capex To Depreciation account and
Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Utz Brands' Capex To Depreciation and Income Quality is -0.64. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Income Quality 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' Capex To Depreciation and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Utz Brands are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Capex To Depreciation i.e., Utz Brands' Capex To Depreciation and Income Quality go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
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.
Utz Brands fundamental ratios Correlations
Click cells to compare fundamentals
Utz Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Utz Brands fundamental ratios Accounts
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