Berry Balance Sheet Health
Financial Health criteria checks 1/6
Berry has a total shareholder equity of $758.0M and total debt of $428.0M, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are $1.6B and $836.2M respectively. Berry's EBIT is $61.8M making its interest coverage ratio 1.7. It has cash and short-term investments of $4.8M.
Key information
56.5%
Debt to equity ratio
US$427.99m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$4.84m |
| Equity | US$757.98m |
| Total liabilities | US$836.18m |
| Total assets | US$1.59b |
Recent financial health updates
Here's Why Berry (NASDAQ:BRY) Can Manage Its Debt Responsibly
Oct 03
Here's Why Berry (NASDAQ:BRY) Can Manage Its Debt Responsibly
Feb 21Is Berry (NASDAQ:BRY) A Risky Investment?
Sep 17Berry (NASDAQ:BRY) Has Debt But No Earnings; Should You Worry?
Jun 14Recent updates
News Flash: Analysts Just Made A Substantial Upgrade To Their Berry Corporation (NASDAQ:BRY) Forecasts
Apr 25Berry's (NASDAQ:BRY) Conservative Accounting Might Explain Soft Earnings
Mar 18Berry Corporation: A Look At Valuations After A Solid End To 2023
Feb 27Here's Why Berry (NASDAQ:BRY) Can Manage Its Debt Responsibly
Oct 03Industry Analysts Just Made A Notable Upgrade To Their Berry Corporation (NASDAQ:BRY) Revenue Forecasts
May 10We Like These Underlying Return On Capital Trends At Berry (NASDAQ:BRY)
Apr 26Here's Why Berry (NASDAQ:BRY) Can Manage Its Debt Responsibly
Feb 21Berry (NASDAQ:BRY) Will Be Looking To Turn Around Its Returns
Oct 15Berry Corp. jumps 7.9% on report of exploring potential sale
Oct 06Is Berry (NASDAQ:BRY) A Risky Investment?
Sep 17Berry goes ex-dividend tomorrow
Aug 11Berry Corporation: Working Capital Changes To Have Less Impact On Q2 Dividends
Aug 03Berry (NASDAQ:BRY) Has Debt But No Earnings; Should You Worry?
Jun 14Berry Corporation: Benefiting From Strong Commodity Prices Despite Energy Operating Cost Pressure
May 25Berry Corp.: The Singularity Approaches
Mar 28Financial Position Analysis
Short Term Liabilities: BRY's short term assets ($140.8M) do not cover its short term liabilities ($223.2M).
Long Term Liabilities: BRY's short term assets ($140.8M) do not cover its long term liabilities ($613.0M).
Debt to Equity History and Analysis
Debt Level: BRY's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: BRY's debt to equity ratio has increased from 38.9% to 56.5% over the past 5 years.
Debt Coverage: BRY's debt is well covered by operating cash flow (46.4%).
Interest Coverage: BRY's interest payments on its debt are not well covered by EBIT (1.7x coverage).