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
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 21Recent updates
Berry Global Group's (NYSE:BERY) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 06Berry Global Group, Inc.'s (NYSE:BERY) Subdued P/E Might Signal An Opportunity
Oct 23At 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 19Berry Global FY2023 Results: Annual Report Inspires Confidence
Nov 18Berry Global: Changes In Capital Allocation Gives Hope To Shareholders
Sep 15Berry Global Group: A Stellar Year And Weakening Financials Aren't Enough To Change My Stance
Jul 18Berry Global Group declares $0.25 dividend
Feb 01Financial Position Analysis
Short Term Liabilities: BERY's short term assets ($4.6B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: BERY's short term assets ($4.6B) do not cover its long term liabilities ($9.3B).
Debt to Equity History and Analysis
Debt Level: BERY's net debt to equity ratio (203.1%) is considered high.
Reducing Debt: BERY's debt to equity ratio has reduced from 707.4% to 233.5% over the past 5 years.
Debt Coverage: BERY's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: BERY's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Berry Global Group, Inc. is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ghansham Panjabi | Baird |
| Scott Gaffner | Barclays |
| Michael Leithead | Barclays |