Berry Global Group Balance Sheet Health
Financial Health criteria checks 3/6
Berry Global Group has a total shareholder equity of $3.4B and total debt of $8.8B, which brings its debt-to-equity ratio to 260.2%. Its total assets and total liabilities are $16.0B and $12.6B respectively. Berry Global Group's EBIT is $1.1B making its interest coverage ratio 3.7. It has cash and short-term investments of $509.0M.
Key information
260.2%
Debt to equity ratio
US$8.77b
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$509.00m |
| Equity | US$3.37b |
| Total liabilities | US$12.62b |
| Total assets | US$15.99b |
Recent financial health updates
Berry Global Group (NYSE:BERY) Has A Somewhat Strained Balance Sheet
Aug 29
Berry Global Group (NYSE:BERY) Has A Somewhat Strained Balance Sheet
May 21These 4 Measures Indicate That Berry Global Group (NYSE:BERY) Is Using Debt Extensively
Nov 11Is Berry Global Group (NYSE:BERY) A Risky Investment?
Jul 27Here's Why Berry Global Group (NYSE:BERY) Has A Meaningful Debt Burden
Apr 14Does Berry Global Group (NYSE:BERY) Have A Healthy Balance Sheet?
Jan 11Recent updates
At US$66.23, Is Berry Global Group, Inc. (NYSE:BERY) Worth Looking At Closely?
Oct 04Berry Global Group (NYSE:BERY) Has A Somewhat Strained Balance Sheet
Aug 29There May Be Some Bright Spots In Berry Global Group's (NYSE:BERY) Earnings
Aug 10Berry Global: Trading At A 10% Free Cash Flow Yield
Aug 07Berry Global Group's (NYSE:BERY) Returns On Capital Not Reflecting Well On The Business
Jul 04Berry Global Group, Inc.'s (NYSE:BERY) Subdued P/E Might Signal An Opportunity
Jun 18Berry Global Group (NYSE:BERY) Has A Somewhat Strained Balance Sheet
May 21Should You Think About Buying Berry Global Group, Inc. (NYSE:BERY) Now?
May 02Berry Global: Good Time To Buy Before New CEO's Efforts Pay Off
Apr 30Berry Global Group (NYSE:BERY) Is Reinvesting At Lower Rates Of Return
Mar 22Berry Global: Selloff Following Glatfelter Deal Creates Buying Opportunity
Feb 11Berry Global Group, Inc. (NYSE:BERY) Could Be Riskier Than It Looks
Feb 06Berry Global: At 11% FCF Yield, It Is A High Quality Bargain
Jan 19Is It Time To Consider Buying Berry Global Group, Inc. (NYSE:BERY)?
Jan 19The Returns At Berry Global Group (NYSE:BERY) Aren't Growing
Dec 14Berry Global Group's (NYSE:BERY) Dividend Will Be Increased To $0.275
Nov 19Berry Global FY2023 Results: Annual Report Inspires Confidence
Nov 18These 4 Measures Indicate That Berry Global Group (NYSE:BERY) Is Using Debt Extensively
Nov 11Is Now An Opportune Moment To Examine Berry Global Group, Inc. (NYSE:BERY)?
Oct 06Berry Global: Changes In Capital Allocation Gives Hope To Shareholders
Sep 15The Returns At Berry Global Group (NYSE:BERY) Aren't Growing
Aug 11Is Berry Global Group (NYSE:BERY) A Risky Investment?
Jul 27Berry Global Group: A Stellar Year And Weakening Financials Aren't Enough To Change My Stance
Jul 18Berry Global Group, Inc.'s (NYSE:BERY) Intrinsic Value Is Potentially 76% Above Its Share Price
Jun 26Is Now The Time To Look At Buying Berry Global Group, Inc. (NYSE:BERY)?
Jun 10Berry Global Group (NYSE:BERY) Has Some Way To Go To Become A Multi-Bagger
May 08Here's Why Berry Global Group (NYSE:BERY) Has A Meaningful Debt Burden
Apr 14An Intrinsic Calculation For Berry Global Group, Inc. (NYSE:BERY) Suggests It's 45% Undervalued
Mar 12Is Now An Opportune Moment To Examine Berry Global Group, Inc. (NYSE:BERY)?
Feb 24Berry Global Group declares $0.25 dividend
Feb 01Berry Global Group's (NYSE:BERY) Returns Have Hit A Wall
Jan 24Does Berry Global Group (NYSE:BERY) Have A Healthy Balance Sheet?
Jan 11If EPS Growth Is Important To You, Berry Global Group (NYSE:BERY) Presents An Opportunity
Dec 15Bonhoeffer Capital - Berry Global: 31% IRR Likely Over Next Five Years
Dec 13Berry Global Group, Inc.'s (NYSE:BERY) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 01Berry Global Group FQ4 2022 Earnings Preview
Nov 14Is Now The Time To Look At Buying Berry Global Group, Inc. (NYSE:BERY)?
Nov 12Berry Global Group (NYSE:BERY) Has Some Way To Go To Become A Multi-Bagger
Oct 07Financial Position Analysis
Short Term Liabilities: BERY's short term assets ($4.1B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: BERY's short term assets ($4.1B) do not cover its long term liabilities ($10.3B).
Debt to Equity History and Analysis
Debt Level: BERY's net debt to equity ratio (245.1%) is considered high.
Reducing Debt: BERY's debt to equity ratio has reduced from 358.8% to 260.2% over the past 5 years.
Debt Coverage: BERY's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: BERY's interest payments on its debt are well covered by EBIT (3.7x coverage).