Berry Balance Sheet Health
Financial Health criteria checks 2/6
Berry has a total shareholder equity of $732.2M and total debt of $425.5M, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are $1.5B and $784.9M respectively. Berry's EBIT is $156.3M making its interest coverage ratio 4.1. It has cash and short-term investments of $9.5M.
Key information
58.1%
Debt to equity ratio
US$425.50m
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$9.47m |
| Equity | US$732.21m |
| Total liabilities | US$784.94m |
| Total assets | US$1.52b |
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 21Recent updates
Berry Corporation: Appears To Have Some Upside Despite Debt Maturity Risks
Oct 01Berry Corporation (NASDAQ:BRY) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 27Some Investors May Be Worried About Berry's (NASDAQ:BRY) Returns On Capital
Aug 06Berry Corporation: Exploring Uinta Basin Opportunities
May 08Berry (NASDAQ:BRY) Has Announced A Dividend Of $0.12
May 05News 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 21Financial Position Analysis
Short Term Liabilities: BRY's short term assets ($136.9M) do not cover its short term liabilities ($171.7M).
Long Term Liabilities: BRY's short term assets ($136.9M) do not cover its long term liabilities ($613.3M).
Debt to Equity History and Analysis
Debt Level: BRY's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: BRY's debt to equity ratio has increased from 40.3% to 58.1% over the past 5 years.
Debt Coverage: BRY's debt is well covered by operating cash flow (58.3%).
Interest Coverage: BRY's interest payments on its debt are well covered by EBIT (4.1x coverage).