Utz Brands (UTZ) Asset Writedowns and Impairment (2022 - 2023)
Utz Brands (UTZ) posted Asset Writedowns and Impairment of $3.1 million for Q4 2023, down 59.84% sequentially from $7.6 million in Q4 2023, and down 34.76% YoY from $4.7 million in Q4 2022.
Utz Brands (UTZ) Asset Writedowns and Impairment (2022 - 2023) Analysis & Trends
Utz Brands has reported Asset Writedowns and Impairment for 2 years, with the latest figure at $3.1 million in Q4 2023.
- Quarterly Asset Writedowns and Impairment fell 34.76% year-over-year to $3.1 million in Q4 2023, while the trailing twelve-month figure through Sep 2024 was $3.1 million (down 86.01% YoY) and the FY2025 annual result came in at $600000.0, changed N/A from the prior year.
- Asset Writedowns and Impairment fell to $3.1 million in Q4 2023 per UTZ's latest filing, from $7.6 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $7.6 million in Q3 2023 and troughed at $1.9 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn |
| 10 | Utz Brands | 1.25 Bn | 1.19 Bn | 96.20 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 |