Berry Income Quality vs Dividend Yield Analysis

BERY Stock  USD 69.44  0.23  0.33%   
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 Income Quality and its Dividend Yield 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.

Income Quality vs Dividend Yield

Income Quality vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berry Global Group Income Quality account and Dividend Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Berry Global's Income Quality and Dividend Yield is 0.06. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Dividend Yield 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 Income Quality and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Berry Global Group are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Income Quality i.e., Berry Global's Income Quality and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Dividend Yield

Dividend Yield is Berry Global Group dividend as a percentage of Berry Global stock price. Berry Global Group dividend yield is a measure of Berry Global stock productivity, which can be interpreted as interest rate earned on an Berry Global investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
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.
Tax Provision is likely to rise to about 110.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 606.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense286M306M311M326.0M
Depreciation And Amortization819M818M940.7M539M

Berry Global fundamental ratios Correlations

0.450.380.350.560.410.40.150.430.460.40.410.44-0.25-0.060.440.40.460.450.380.430.46-0.090.450.43-0.06
0.450.960.840.910.940.940.850.951.00.960.530.990.61-0.170.970.970.880.990.940.91.0-0.110.940.99-0.17
0.380.960.850.850.940.940.810.850.950.940.530.940.5-0.20.960.890.870.960.850.890.94-0.050.940.94-0.2
0.350.840.850.750.870.840.740.710.830.860.350.810.41-0.640.830.760.970.840.710.980.83-0.010.850.85-0.64
0.560.910.850.750.910.870.830.870.890.920.550.910.51-0.070.830.850.780.850.810.80.9-0.220.870.93-0.07
0.410.940.940.870.910.960.890.820.920.990.370.910.47-0.190.920.830.90.90.780.910.91-0.20.960.97-0.19
0.40.940.940.840.870.960.830.830.920.970.310.90.45-0.160.920.840.880.910.780.90.91-0.331.00.95-0.16
0.150.850.810.740.830.890.830.820.830.910.310.850.66-0.120.790.810.720.780.780.750.83-0.180.820.89-0.12
0.430.950.850.710.870.820.830.820.950.860.580.980.71-0.090.880.990.750.930.990.780.96-0.080.830.92-0.09
0.461.00.950.830.890.920.920.830.950.940.550.990.61-0.180.980.970.870.990.950.891.0-0.060.920.98-0.18
0.40.960.940.860.920.990.970.910.860.940.40.930.52-0.180.920.870.90.920.820.910.94-0.220.970.98-0.18
0.410.530.530.350.550.370.310.310.580.550.40.590.39-0.020.460.590.330.550.620.370.570.220.320.46-0.02
0.440.990.940.810.910.910.90.850.980.990.930.590.65-0.150.950.990.840.980.970.861.0-0.080.90.97-0.15
-0.250.610.50.410.510.470.450.660.710.610.520.390.65-0.030.510.710.380.570.740.430.630.070.410.59-0.03
-0.06-0.17-0.2-0.64-0.07-0.19-0.16-0.12-0.09-0.18-0.18-0.02-0.15-0.03-0.21-0.15-0.54-0.21-0.14-0.52-0.18-0.27-0.18-0.181.0
0.440.970.960.830.830.920.920.790.880.980.920.460.950.51-0.210.930.870.990.890.880.970.00.920.95-0.21
0.40.970.890.760.850.830.840.810.990.970.870.590.990.71-0.150.930.790.960.990.820.98-0.030.840.93-0.15
0.460.880.870.970.780.90.880.720.750.870.90.330.840.38-0.540.870.790.870.741.00.86-0.070.890.9-0.54
0.450.990.960.840.850.90.910.780.930.990.920.550.980.57-0.210.990.960.870.940.890.990.00.910.96-0.21
0.380.940.850.710.810.780.780.780.990.950.820.620.970.74-0.140.890.990.740.940.770.960.030.780.9-0.14
0.430.90.890.980.80.910.90.750.780.890.910.370.860.43-0.520.880.821.00.890.770.88-0.090.910.91-0.52
0.461.00.940.830.90.910.910.830.961.00.940.571.00.63-0.180.970.980.860.990.960.88-0.050.910.98-0.18
-0.09-0.11-0.05-0.01-0.22-0.2-0.33-0.18-0.08-0.06-0.220.22-0.080.07-0.270.0-0.03-0.070.00.03-0.09-0.05-0.32-0.16-0.27
0.450.940.940.850.870.961.00.820.830.920.970.320.90.41-0.180.920.840.890.910.780.910.91-0.320.95-0.18
0.430.990.940.850.930.970.950.890.920.980.980.460.970.59-0.180.950.930.90.960.90.910.98-0.160.95-0.18
-0.06-0.17-0.2-0.64-0.07-0.19-0.16-0.12-0.09-0.18-0.18-0.02-0.15-0.031.0-0.21-0.15-0.54-0.21-0.14-0.52-0.18-0.27-0.18-0.18
Click cells to compare fundamentals

Berry Global Account Relationship Matchups

Berry Global fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding135.1M138.3M132.8M123M117.7M124.1M
Total Assets16.7B17.9B17.0B16.6B16.6B11.5B
Other Current Liab993M1.1B928M1.2B1.1B659.3M
Total Current Liabilities2.2B3.2B2.8B2.7B3.7B3.9B
Other Liab1.3B2.1B1.7B1.0B1.2B901.5M
Accounts Payable1.1B2.0B1.8B1.5B1.8B986.0M
Other Assets91M217M175M125M143.8M93.7M
Long Term Debt10.0B9.4B9.3B9.0B7.5B7.2B
Good Will5.2B5.2B4.8B5.0B5.1B3.5B
Inventory1.3B1.9B1.8B1.6B1.6B1.1B
Other Current Assets660M434M175M205M244M265.3M
Total Liab14.6B14.7B13.8B13.4B13.0B10.2B
Intangible Assets2.5B2.2B1.9B1.7B1.5B1.7B
Property Plant Equipment4.6B4.7B4.3B5.2B6.0B3.0B
Short Long Term Debt Total10.7B9.5B9.3B9.5B8.8B7.6B
Total Stockholder Equity2.1B3.2B3.2B3.2B3.6B3.8B
Property Plant And Equipment Net5.1B4.7B4.3B5.2B5.2B3.4B
Net Debt10.0B8.4B7.8B8.3B7.8B7.0B
Retained Earnings1.6B2.3B2.4B2.3B2.6B2.7B
Non Current Assets Total12.9B12.8B11.8B12.1B12.0B8.8B
Non Currrent Assets Other91M115M(865M)125M189M198.5M
Net Receivables1.5B1.9B1.8B1.6B1.6B1.2B
Liabilities And Stockholders Equity16.7B17.9B17.0B16.6B16.6B12.0B
Non Current Liabilities Total12.4B11.5B10.9B10.7B9.3B8.7B
Other Stockholder Equity1.0B1.1B1.2B1.2B1.3B825.2M
Property Plant And Equipment Gross5.1B4.7B9.0B9.9B10.5B11.0B
Total Current Assets3.8B5.1B5.2B4.5B4.6B3.1B
Accumulated Other Comprehensive Income(551M)(296M)(403M)(336M)(295M)(309.8M)
Short Term Debt75M21M121M10M810M850.5M
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 Other1.7B1.5B1.7B1.7B667M870.0M

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.

Additional 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.