Berry Global Group Inc (BERY)

Debt-to-assets ratio

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 16,144,000 16,587,000 16,549,000 16,613,000 16,451,000 16,956,000 16,885,000 17,535,000 17,341,000 17,882,000 17,577,000 17,263,000 17,176,000 16,701,000 16,731,000 16,949,000 17,024,000 16,469,000 8,809,000 8,984,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $16,144,000K
= 0.00

The debt-to-assets ratio for Berry Global Group Inc has consistently been reported as 0.00 for the past several quarters. This indicates that the company has not reported any debt compared to its total assets during the given periods. A debt-to-assets ratio of 0.00 typically suggests that the company has financed its assets without incurring any debt obligations. This could signify a strong financial position, as the company is not reliant on debt to fund its operations and investments. However, it is important to consider the context of the industry and company-specific factors to fully assess the implications of such a low debt-to-assets ratio.


Peer comparison

Dec 31, 2023