| 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 Gross Profit and its Minority Interest 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.
Gross Profit vs Minority Interest
Gross Profit vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Utz Brands Gross Profit account and
Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Utz Brands' Gross Profit and Minority Interest is -0.18. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest 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' Gross Profit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Utz Brands are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Gross Profit i.e., Utz Brands' Gross Profit and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Utz Brands minus its cost of goods sold. It is profit before Utz Brands operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Utz Brands whose combined shares represent less than 50% of the total outstanding shares issued by Utz Brands have a minority interest in Utz Brands.
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 Profit | 383.9M | 449.1M | 456.5M | 378.4M | Total Revenue | 1.2B | 1.4B | 1.4B | 1.2B |
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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Additional Tools for Utz Stock Analysis
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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.