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 ratio | 3.6x |
| Cash | US$1.10b |
| Equity | US$3.61b |
| Total liabilities | US$13.01b |
| Total assets | US$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).