Berry Net Tangible Assets vs Total Liab Analysis

BERY Stock  USD 71.55  0.16  0.22%   
Berry Global financial indicator trend analysis is way more than just evaluating Berry Global Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berry Global Group is a good investment. Please check the relationship between Berry Global Net Tangible Assets and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Tangible Assets vs Total Liab

Net Tangible Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berry Global Group Net Tangible Assets account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Berry Global's Net Tangible Assets and Total Liab is -0.86. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Berry Global Group, assuming nothing else is changed. The correlation between historical values of Berry Global's Net Tangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Berry Global Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Tangible Assets i.e., Berry Global's Net Tangible Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Berry Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berry Global Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Berry Global's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 10.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 579.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense286M306M311M326.0M
Depreciation And Amortization819M818M940.7M539M

Berry Global fundamental ratios Correlations

0.430.380.40.560.40.360.150.40.440.390.410.42-0.25-0.060.440.380.450.430.360.420.44-0.10.40.42-0.06
0.430.970.970.890.950.850.850.971.00.960.50.990.64-0.180.990.970.870.990.950.891.0-0.120.860.99-0.18
0.380.970.980.850.940.850.820.910.960.960.530.960.56-0.210.970.920.850.970.890.880.96-0.080.850.95-0.21
0.40.970.980.890.990.880.860.90.960.990.410.950.54-0.190.950.890.890.950.850.910.95-0.190.880.98-0.19
0.560.890.850.890.910.760.830.860.880.90.550.890.53-0.070.830.830.770.830.80.790.88-0.240.770.91-0.07
0.40.950.940.990.910.870.890.870.931.00.360.920.53-0.170.920.860.880.910.810.890.92-0.240.870.98-0.17
0.360.850.850.880.760.870.750.790.840.880.260.830.45-0.570.840.80.970.840.750.980.84-0.241.00.87-0.57
0.150.850.820.860.830.890.750.830.820.90.310.850.7-0.120.790.810.720.770.790.750.83-0.20.740.88-0.12
0.40.970.910.90.860.870.790.830.980.90.530.990.71-0.180.961.00.80.970.990.820.99-0.060.80.95-0.18
0.441.00.960.960.880.930.840.820.980.950.520.990.64-0.190.990.980.860.990.960.881.0-0.070.840.98-0.19
0.390.960.960.990.91.00.880.90.90.950.380.940.56-0.190.940.890.890.920.840.90.94-0.240.880.99-0.19
0.410.50.530.410.550.360.260.310.530.520.380.550.38-0.010.450.540.320.510.580.360.540.220.270.44-0.01
0.420.990.960.950.890.920.830.850.990.990.940.550.67-0.180.980.990.840.980.970.861.0-0.090.830.98-0.18
-0.250.640.560.540.530.530.450.70.710.640.560.380.67-0.090.580.710.440.610.740.470.660.090.420.63-0.09
-0.06-0.18-0.21-0.19-0.07-0.17-0.57-0.12-0.18-0.19-0.19-0.01-0.18-0.09-0.21-0.2-0.55-0.22-0.2-0.53-0.2-0.17-0.56-0.191.0
0.440.990.970.950.830.920.840.790.960.990.940.450.980.58-0.210.970.861.00.940.870.99-0.040.850.97-0.21
0.380.970.920.890.830.860.80.811.00.980.890.540.990.71-0.20.970.810.970.990.830.99-0.030.80.94-0.2
0.450.870.850.890.770.880.970.720.80.860.890.320.840.44-0.550.860.810.860.771.00.86-0.130.980.89-0.55
0.430.990.970.950.830.910.840.770.970.990.920.510.980.61-0.221.00.970.860.950.880.99-0.030.840.96-0.22
0.360.950.890.850.80.810.750.790.990.960.840.580.970.74-0.20.940.990.770.950.790.970.030.750.91-0.2
0.420.890.880.910.790.890.980.750.820.880.90.360.860.47-0.530.870.831.00.880.790.88-0.150.980.9-0.53
0.441.00.960.950.880.920.840.830.991.00.940.541.00.66-0.20.990.990.860.990.970.88-0.070.840.98-0.2
-0.1-0.12-0.08-0.19-0.24-0.24-0.24-0.2-0.06-0.07-0.240.22-0.090.09-0.17-0.04-0.03-0.13-0.030.03-0.15-0.07-0.24-0.18-0.17
0.40.860.850.880.770.871.00.740.80.840.880.270.830.42-0.560.850.80.980.840.750.980.84-0.240.87-0.56
0.420.990.950.980.910.980.870.880.950.980.990.440.980.63-0.190.970.940.890.960.910.90.98-0.180.87-0.19
-0.06-0.18-0.21-0.19-0.07-0.17-0.57-0.12-0.18-0.19-0.19-0.01-0.18-0.091.0-0.21-0.2-0.55-0.22-0.2-0.53-0.2-0.17-0.56-0.19
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Berry Global Account Relationship Matchups

Berry Global fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding135.1M138.3M132.8M123M117.7M124.1M
Total Assets16.7B17.9B17.0B16.6B19.1B11.1B
Other Current Liab993M1.1B928M1.1B1.2B611.1M
Total Current Liabilities2.2B3.2B2.8B2.7B3.1B1.6B
Other Liab1.3B2.1B1.7B1.0B1.2B901.5M
Accounts Payable1.1B2.0B1.8B1.5B1.8B917.7M
Other Assets91M217M175M125M143.8M93.7M
Long Term Debt10.0B9.4B9.3B9.0B10.3B7.1B
Good Will5.2B5.2B4.8B5.0B5.7B3.4B
Inventory1.3B1.9B1.8B1.6B1.8B1.1B
Other Current Assets660M434M175M205M235.8M265.1M
Total Liab14.6B14.7B13.8B13.4B15.4B9.9B
Intangible Assets2.5B2.2B1.9B1.7B2.0B1.7B
Property Plant Equipment4.6B4.7B4.3B5.2B6.0B3.0B
Short Long Term Debt Total10.7B9.5B9.3B9.5B10.9B7.5B
Total Stockholder Equity2.1B3.2B3.2B3.2B3.7B3.9B
Property Plant And Equipment Net5.1B4.7B4.3B5.2B6.0B3.2B
Net Debt10.0B8.4B7.8B8.3B9.5B6.9B
Retained Earnings1.6B2.3B2.4B2.3B2.7B2.8B
Non Current Assets Total12.9B12.8B11.8B12.1B13.9B8.5B
Non Currrent Assets Other91M115M(865M)125M112.5M118.1M
Net Receivables1.5B1.9B1.8B1.6B1.8B1.1B
Liabilities And Stockholders Equity16.7B17.9B17.0B16.6B19.1B11.5B
Non Current Liabilities Total12.4B11.5B10.9B10.7B12.3B8.6B
Other Stockholder Equity1.0B1.1B1.2B1.2B1.4B776.9M
Property Plant And Equipment Gross5.1B4.7B9.0B9.9B11.4B11.9B
Total Current Assets3.8B5.1B5.2B4.5B5.2B3.0B
Accumulated Other Comprehensive Income(551M)(296M)(403M)(336M)(302.4M)(317.5M)
Short Term Debt75M21M121M126M144.9M152.1M
Net Tangible Assets(6.2B)(5.6B)(4.3B)(3.5B)(3.1B)(3.3B)
Current Deferred Revenue324M(2.1B)707M(1.5B)(1.4B)(1.3B)
Long Term Debt Total11.3B10.2B9.4B9.2B10.6B7.6B
Capital Surpluse949M1.0B1.1B1.2B1.4B807.1M
Non Current Liabilities Other1.7B1.5B1.7B1.7B1.9B2.0B

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