Berry Non Currrent Assets Other vs Other Liab Analysis

BERY Stock  USD 60.68  0.02  0.03%   
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 Non Currrent Assets Other and its Other 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Currrent Assets Other vs Other Liab

Non Currrent Assets Other vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berry Global Group Non Currrent Assets Other account and Other Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Berry Global's Non Currrent Assets Other and Other Liab is -0.31. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other 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 Non Currrent Assets Other and Other 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 Non Currrent Assets Other of Berry Global Group are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Currrent Assets Other i.e., Berry Global's Non Currrent Assets Other and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Liab

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 tightly coupled 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 11.32 in 2024, whereas Selling General Administrative is likely to drop slightly above 579.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense286M306M351.9M324.9M
Depreciation And Amortization820M818M940.7M509.9M

Berry Global fundamental ratios Correlations

0.50.360.470.570.470.430.190.460.510.460.390.49-0.22-0.130.520.440.510.520.420.480.5-0.210.470.48-0.13
0.50.620.970.890.950.850.850.971.00.960.560.990.64-0.180.990.970.870.990.940.891.0-0.470.860.99-0.18
0.360.620.650.550.630.730.550.580.620.630.380.610.32-0.610.660.570.750.610.540.730.62-0.370.730.62-0.61
0.470.970.650.890.990.880.860.90.960.990.540.950.54-0.190.950.880.890.940.830.910.95-0.550.880.98-0.19
0.570.890.550.890.910.760.830.860.880.90.520.890.53-0.070.830.850.770.870.820.790.88-0.310.770.91-0.07
0.470.950.630.990.910.870.890.870.931.00.470.920.53-0.170.920.850.880.910.80.890.92-0.540.870.98-0.17
0.430.850.730.880.760.870.750.790.840.880.460.830.45-0.570.840.780.970.830.730.980.84-0.771.00.87-0.57
0.190.850.550.860.830.890.750.830.820.90.310.850.7-0.120.790.820.720.790.790.750.83-0.370.740.88-0.12
0.460.970.580.90.860.870.790.830.980.90.510.990.71-0.180.961.00.80.980.990.820.99-0.360.80.95-0.18
0.511.00.620.960.880.930.840.820.980.950.560.990.64-0.190.990.970.861.00.950.881.0-0.440.840.98-0.19
0.460.960.630.990.91.00.880.90.90.950.50.940.56-0.190.940.880.890.930.830.90.94-0.550.880.99-0.19
0.390.560.380.540.520.470.460.310.510.560.50.570.25-0.140.550.530.450.590.510.490.56-0.230.470.49-0.14
0.490.990.610.950.890.920.830.850.990.990.940.570.67-0.180.980.990.840.990.960.861.0-0.420.830.98-0.18
-0.220.640.320.540.530.530.450.70.710.640.560.250.67-0.090.580.730.440.640.760.470.66-0.040.420.63-0.09
-0.13-0.18-0.61-0.19-0.07-0.17-0.57-0.12-0.18-0.19-0.19-0.14-0.18-0.09-0.21-0.19-0.55-0.2-0.18-0.53-0.20.47-0.56-0.191.0
0.520.990.660.950.830.920.840.790.960.990.940.550.980.58-0.210.950.860.990.920.870.99-0.490.850.97-0.21
0.440.970.570.880.850.850.780.821.00.970.880.530.990.73-0.190.950.790.980.990.820.98-0.350.790.94-0.19
0.510.870.750.890.770.880.970.720.80.860.890.450.840.44-0.550.860.790.850.751.00.86-0.680.980.89-0.55
0.520.990.610.940.870.910.830.790.981.00.930.590.990.64-0.20.990.980.850.960.871.0-0.420.830.97-0.2
0.420.940.540.830.820.80.730.790.990.950.830.510.960.76-0.180.920.990.750.960.770.96-0.260.730.9-0.18
0.480.890.730.910.790.890.980.750.820.880.90.490.860.47-0.530.870.821.00.870.770.88-0.680.980.9-0.53
0.51.00.620.950.880.920.840.830.991.00.940.561.00.66-0.20.990.980.861.00.960.88-0.430.840.98-0.2
-0.21-0.47-0.37-0.55-0.31-0.54-0.77-0.37-0.36-0.44-0.55-0.23-0.42-0.040.47-0.49-0.35-0.68-0.42-0.26-0.68-0.43-0.77-0.490.47
0.470.860.730.880.770.871.00.740.80.840.880.470.830.42-0.560.850.790.980.830.730.980.84-0.770.87-0.56
0.480.990.620.980.910.980.870.880.950.980.990.490.980.63-0.190.970.940.890.970.90.90.98-0.490.87-0.19
-0.13-0.18-0.61-0.19-0.07-0.17-0.57-0.12-0.18-0.19-0.19-0.14-0.18-0.091.0-0.21-0.19-0.55-0.2-0.18-0.53-0.20.47-0.56-0.19
Click cells to compare fundamentals

Berry Global Account Relationship Matchups

Berry Global fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding135.1M138.3M132.8M123M141.5M123.8M
Total Assets16.7B17.9B17.0B16.6B19.1B11.1B
Other Current Liab669M3.2B316M2.7B3.1B3.3B
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 Assets330M217M175M205M235.8M173.9M
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 Total10.7B9.5B9.3B9.0B10.3B7.4B
Total Stockholder Equity2.1B3.2B3.2B3.2B3.7B3.9B
Property Plant And Equipment Net5.1B4.7B4.3B4.6B5.3B3.1B
Net Debt10.0B8.4B7.8B7.8B8.9B6.8B
Retained Earnings1.6B2.3B2.4B2.3B2.7B2.8B
Non Current Assets Total12.9B12.8B11.8B12.1B13.9B8.5B
Non Currrent Assets Other91M115M(865M)(617M)(555.3M)(527.5M)
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 Equity1.0B1.1B1.2B1.2B1.4B763.9M
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 Debt75M21M13M10M9M8.6M
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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When determining whether Berry Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berry Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berry Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berry Global Group Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Berry Global's price analysis, check to measure Berry Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berry Global is operating at the current time. Most of Berry Global's value examination focuses on studying past and present price action to predict the probability of Berry Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berry Global's price. Additionally, you may evaluate how the addition of Berry Global to your portfolios can decrease your overall portfolio volatility.
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Is Berry Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berry Global. If investors know Berry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berry Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
1.05
Earnings Share
4.16
Revenue Per Share
104.837
Quarterly Revenue Growth
(0.06)
The market value of Berry Global Group is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Global's value that differs from its market value or its book value, called intrinsic value, which is Berry Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berry Global's market value can be influenced by many factors that don't directly affect Berry Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berry Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berry Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.