Berry Global Group Inc (BERY)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 3,328,000 | 3,216,000 | 3,387,000 | 3,295,000 | 3,259,000 | 3,196,000 | 3,109,000 | 3,320,000 | 3,294,000 | 3,180,000 | 2,953,000 | 2,646,000 | 2,445,000 | 2,092,000 | 1,869,000 | 1,651,000 | 1,786,000 | 1,618,000 | 1,546,000 | 1,531,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,328,000K)
= 0.00
The debt-to-capital ratio for Berry Global Group Inc has consistently been reported as 0.00 across all periods presented in the table. A debt-to-capital ratio of 0.00 indicates that the company has not reported any debt in relation to its capital structure during these periods. This could suggest that the company has been operating with relatively low or no debt financing compared to its equity funding. It is essential to consider the company's overall financial strategy and industry norms to gain a better understanding of why the debt-to-capital ratio remains at 0.00 consistently.
Peer comparison
Dec 31, 2023