Berry Total Revenue vs Operating Income 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 Total Revenue and its Operating Income 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.
Total Revenue vs Operating Income
Total Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berry Global Group Total Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Berry Global's Total Revenue and Operating Income is 0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income 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 Total Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Berry Global Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Berry Global's Total Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Berry Global Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from Berry Global Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Berry Global Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 Expense | 286M | 306M | 351.9M | 324.9M | Depreciation And Amortization | 820M | 818M | 940.7M | 509.9M |
Berry Global fundamental ratios Correlations
Click cells to compare fundamentals
Berry Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berry Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 135.1M | 138.3M | 132.8M | 123M | 141.5M | 123.8M | |
Total Assets | 16.7B | 17.9B | 17.0B | 16.6B | 19.1B | 11.1B | |
Other Current Liab | 669M | 3.2B | 316M | 2.7B | 3.1B | 3.3B | |
Total Current Liabilities | 2.2B | 3.2B | 2.8B | 2.7B | 3.1B | 1.6B | |
Other Liab | 1.3B | 2.1B | 1.7B | 1.0B | 1.2B | 901.5M | |
Accounts Payable | 1.1B | 2.0B | 1.8B | 1.5B | 1.8B | 917.7M | |
Other Assets | 91M | 217M | 175M | 125M | 143.8M | 93.7M | |
Long Term Debt | 10.0B | 9.4B | 9.3B | 9.0B | 10.3B | 7.1B | |
Good Will | 5.2B | 5.2B | 4.8B | 5.0B | 5.7B | 3.4B | |
Inventory | 1.3B | 1.9B | 1.8B | 1.6B | 1.8B | 1.1B | |
Other Current Assets | 330M | 217M | 175M | 205M | 235.8M | 173.9M | |
Total Liab | 14.6B | 14.7B | 13.8B | 13.4B | 15.4B | 9.9B | |
Intangible Assets | 2.5B | 2.2B | 1.9B | 1.7B | 2.0B | 1.7B | |
Property Plant Equipment | 4.6B | 4.7B | 4.3B | 5.2B | 6.0B | 3.0B | |
Short Long Term Debt Total | 10.7B | 9.5B | 9.3B | 9.0B | 10.3B | 7.4B | |
Total Stockholder Equity | 2.1B | 3.2B | 3.2B | 3.2B | 3.7B | 3.9B | |
Property Plant And Equipment Net | 5.1B | 4.7B | 4.3B | 4.6B | 5.3B | 3.1B | |
Net Debt | 10.0B | 8.4B | 7.8B | 7.8B | 8.9B | 6.8B | |
Retained Earnings | 1.6B | 2.3B | 2.4B | 2.3B | 2.7B | 2.8B | |
Non Current Assets Total | 12.9B | 12.8B | 11.8B | 12.1B | 13.9B | 8.5B | |
Non Currrent Assets Other | 91M | 115M | (865M) | (617M) | (555.3M) | (527.5M) | |
Net Receivables | 1.5B | 1.9B | 1.8B | 1.6B | 1.8B | 1.1B | |
Liabilities And Stockholders Equity | 16.7B | 17.9B | 17.0B | 16.6B | 19.1B | 11.5B | |
Non Current Liabilities Total | 12.4B | 11.5B | 10.9B | 10.7B | 12.3B | 8.6B | |
Other Stockholder Equity | 1.0B | 1.1B | 1.2B | 1.2B | 1.4B | 763.9M | |
Property Plant And Equipment Gross | 5.1B | 4.7B | 9.0B | 9.9B | 11.4B | 11.9B | |
Total Current Assets | 3.8B | 5.1B | 5.2B | 4.5B | 5.2B | 3.0B | |
Accumulated Other Comprehensive Income | (551M) | (296M) | (403M) | (336M) | (302.4M) | (317.5M) | |
Short Term Debt | 75M | 21M | 13M | 10M | 9M | 8.6M | |
Net Tangible Assets | (6.2B) | (5.6B) | (4.3B) | (3.5B) | (3.1B) | (3.3B) | |
Current Deferred Revenue | 324M | (2.1B) | 707M | (1.5B) | (1.4B) | (1.3B) | |
Long Term Debt Total | 11.3B | 10.2B | 9.4B | 9.2B | 10.6B | 7.6B | |
Capital Surpluse | 949M | 1.0B | 1.1B | 1.2B | 1.4B | 807.1M | |
Non Current Liabilities Other | 1.7B | 1.5B | 1.7B | 1.7B | 1.9B | 2.0B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Berry Stock analysis
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.
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
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.