Utz Brands (UTZ) Asset Writedowns and Impairment (2022 - 2023)
Utz Brands (UTZ) reported Asset Writedowns and Impairment of $3.1 million for Q4 2023, down 34.76% on a YoY basis from $4.7 million in Q4 2022, and down 59.84% sequentially from $7.6 million in Q4 2023.
Utz Brands (UTZ) Asset Writedowns and Impairment (2022 - 2023) Analysis & Trends
Utz Brands (UTZ) has 2 years of Asset Writedowns and Impairment data on file, last reported at $3.1 million in Q4 2023.
- For the quarter ending Q4 2023, Asset Writedowns and Impairment fell 34.76% year-over-year to $3.1 million; the trailing twelve-month figure through Sep 2024 stood at $3.1 million (down 86.01% YoY), and the FY2025 full-year result was $600000.0, changed N/A from the prior year.
- Asset Writedowns and Impairment fell to $3.1 million in Q4 2023, from $7.6 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $7.6 million in Q3 2023 to a low of $1.9 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.92 Bn | 26.83 Bn | 2.22 Bn |
| 2 | General Mills | 19.56 Bn | 19.11 Bn | 1.60 Bn |
| 3 | Hormel Foods | 14.29 Bn | 13.43 Bn | 518.51 Mn |
| 4 | Mccormick | 13.66 Bn | 13.33 Bn | 778.20 Mn |
| 5 | Magnum Ice Cream | 11.16 Bn | 10.64 Bn | - |
| 6 | Smithfield Foods | 10.43 Bn | 9.05 Bn | 511.00 Mn |
| 7 | Darling Ingredients | 9.56 Bn | 9.45 Bn | 404.92 Mn |
| 8 | Oatly Group AB | 8.51 Bn | 8.46 Bn | 81.36 Mn |
| 9 | Conagra Brands | 7.22 Bn | 7.01 Bn | 704.10 Mn |
| 10 | Utz Brands | 1.24 Bn | 1.17 Bn | 91.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 3.05 Mn |
| Dec 31, 2023 | 3.05 Mn |
| Oct 1, 2023 | 7.60 Mn |
| Oct 1, 2023 | 7.60 Mn |
| Jul 2, 2023 | 7.60 Mn |
| Jul 2, 2023 | 7.60 Mn |
| Apr 2, 2023 | 1.95 Mn |
| Apr 2, 2023 | 1.95 Mn |
| Jan 1, 2023 | 4.68 Mn |
| Jan 1, 2023 | 4.68 Mn |
| Apr 3, 2022 | 3.32 Mn |
| Apr 3, 2022 | 3.32 Mn |