Berry Global Group Balance Sheet Health

Financial Health criteria checks 3/6

Berry Global Group has a total shareholder equity of $3.6B and total debt of $8.4B, which brings its debt-to-equity ratio to 233.5%. Its total assets and total liabilities are $16.6B and $13.0B respectively. Berry Global Group's EBIT is $1.1B making its interest coverage ratio 3.6. It has cash and short-term investments of $1.1B.

Key information

233.5%

Debt to equity ratio

US$8.42b

Debt

Interest coverage ratio3.6x
CashUS$1.10b
EquityUS$3.61b
Total liabilitiesUS$13.01b
Total assetsUS$16.61b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0HN1's short term assets ($4.6B) exceed its short term liabilities ($3.7B).

Long Term Liabilities: 0HN1's short term assets ($4.6B) do not cover its long term liabilities ($9.3B).


Debt to Equity History and Analysis

Debt Level: 0HN1's net debt to equity ratio (203.1%) is considered high.

Reducing Debt: 0HN1's debt to equity ratio has reduced from 707.4% to 233.5% over the past 5 years.

Debt Coverage: 0HN1's debt is not well covered by operating cash flow (16.7%).

Interest Coverage: 0HN1's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


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