Berry Accumulated Depreciation vs Long Term Debt Total Analysis

BRY Stock  USD 4.08  0.15  3.82%   
Berry Petroleum financial indicator trend analysis is way more than just evaluating Berry Petroleum Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berry Petroleum Corp is a good investment. Please check the relationship between Berry Petroleum Accumulated Depreciation and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Petroleum Corp. 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.

Accumulated Depreciation vs Long Term Debt Total

Accumulated Depreciation vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Berry Petroleum Corp Accumulated Depreciation account and Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Berry Petroleum's Accumulated Depreciation and Long Term Debt Total is -0.37. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Berry Petroleum Corp, assuming nothing else is changed. The correlation between historical values of Berry Petroleum's Accumulated Depreciation and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Berry Petroleum Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Accumulated Depreciation i.e., Berry Petroleum's Accumulated Depreciation and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Berry Petroleum Corp fixed asset that has been charged to Berry Petroleum expense since that asset was acquired and made available for Berry Petroleum use. The accumulated depreciation account is Berry Petroleum Corp asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Berry Petroleum Corp.

Long Term Debt Total

Most indicators from Berry Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berry Petroleum Corp 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 Petroleum Corp. 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.
At this time, Berry Petroleum's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 4.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 76.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit269.3M431.6M237.3M328.0M
Total Revenue701.3M1.1B863.5M634.2M

Berry Petroleum fundamental ratios Correlations

-0.610.410.91-0.110.84-0.380.120.93-0.610.570.940.00.970.390.690.550.26-0.030.540.060.55-0.40.620.620.25
-0.61-0.44-0.450.29-0.590.440.02-0.590.96-0.21-0.65-0.19-0.61-0.05-0.24-0.77-0.30.05-0.82-0.05-0.840.47-0.96-0.95-0.33
0.41-0.440.18-0.830.05-0.120.090.16-0.430.090.53-0.210.40.67-0.23-0.08-0.470.4-0.03-0.620.03-0.130.430.440.2
0.91-0.450.180.060.73-0.290.130.78-0.380.530.71-0.240.870.270.770.480.21-0.060.380.110.38-0.30.380.370.1
-0.110.29-0.830.060.33-0.13-0.180.110.230.2-0.230.49-0.09-0.740.250.360.58-0.380.210.640.14-0.12-0.22-0.22-0.09
0.84-0.590.050.730.33-0.540.00.94-0.670.630.820.450.84-0.090.650.840.65-0.230.80.40.78-0.570.690.690.32
-0.380.44-0.12-0.29-0.13-0.54-0.16-0.430.46-0.34-0.41-0.29-0.530.08-0.25-0.55-0.53-0.14-0.520.13-0.470.99-0.51-0.51-0.39
0.120.020.090.13-0.180.0-0.160.070.01-0.10.09-0.210.180.260.14-0.10.050.35-0.07-0.16-0.1-0.19-0.03-0.020.18
0.93-0.590.160.780.110.94-0.430.07-0.650.580.920.270.910.180.740.680.51-0.190.720.30.71-0.450.660.660.28
-0.610.96-0.43-0.380.23-0.670.460.01-0.65-0.3-0.71-0.38-0.62-0.01-0.2-0.8-0.40.04-0.88-0.11-0.90.5-0.99-0.98-0.36
0.57-0.210.090.530.20.63-0.34-0.10.58-0.30.520.120.580.160.530.440.570.10.380.390.34-0.380.330.350.4
0.94-0.650.530.71-0.230.82-0.410.090.92-0.710.520.180.920.430.530.530.260.00.590.020.61-0.440.720.730.33
0.0-0.19-0.21-0.240.490.45-0.29-0.210.27-0.380.120.180.04-0.52-0.170.540.53-0.250.550.40.52-0.30.390.390.21
0.97-0.610.40.87-0.090.84-0.530.180.91-0.620.580.920.040.380.640.570.330.140.550.060.54-0.550.630.630.22
0.39-0.050.670.27-0.74-0.090.080.260.18-0.010.160.43-0.520.380.19-0.42-0.390.44-0.31-0.49-0.290.09-0.010.010.15
0.69-0.24-0.230.770.250.65-0.250.140.74-0.20.530.53-0.170.640.190.40.52-0.290.420.360.38-0.270.210.230.26
0.55-0.77-0.080.480.360.84-0.55-0.10.68-0.80.440.530.540.57-0.420.40.71-0.30.940.480.92-0.590.810.810.36
0.26-0.3-0.470.210.580.65-0.530.050.51-0.40.570.260.530.33-0.390.520.71-0.170.730.690.65-0.560.420.430.42
-0.030.050.4-0.06-0.38-0.23-0.140.35-0.190.040.10.0-0.250.140.44-0.29-0.3-0.17-0.26-0.25-0.28-0.16-0.06-0.08-0.28
0.54-0.82-0.030.380.210.8-0.52-0.070.72-0.880.380.590.550.55-0.310.420.940.73-0.260.460.99-0.560.880.870.33
0.06-0.05-0.620.110.640.40.13-0.160.3-0.110.390.020.40.06-0.490.360.480.69-0.250.460.390.080.120.13-0.01
0.55-0.840.030.380.140.78-0.47-0.10.71-0.90.340.610.520.54-0.290.380.920.65-0.280.990.39-0.520.90.890.29
-0.40.47-0.13-0.3-0.12-0.570.99-0.19-0.450.5-0.38-0.44-0.3-0.550.09-0.27-0.59-0.56-0.16-0.560.08-0.52-0.55-0.56-0.38
0.62-0.960.430.38-0.220.69-0.51-0.030.66-0.990.330.720.390.63-0.010.210.810.42-0.060.880.120.9-0.551.00.4
0.62-0.950.440.37-0.220.69-0.51-0.020.66-0.980.350.730.390.630.010.230.810.43-0.080.870.130.89-0.561.00.46
0.25-0.330.20.1-0.090.32-0.390.180.28-0.360.40.330.210.220.150.260.360.42-0.280.33-0.010.29-0.380.40.46
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Berry Petroleum Account Relationship Matchups

Berry Petroleum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.4B1.5B1.6B1.6B2.0B
Other Current Liab131.2M164.3M169.5M185.6M182.6M191.7M
Total Current Liabilities156.6M175.3M187.1M234.2M223.2M266.5M
Total Stockholder Equity972.4M714.0M692.6M800.5M758.0M816.6M
Retained Earnings120.5M(151.9M)(167.5M)82.7M52.5M56.8M
Accounts Payable25.5M11.1M17.7M40.3M31.2M62.1M
Cash0.080.6M15.3M46.3M4.8M4.6M
Other Assets13.5M7.2M1.3B53.2M61.1M58.1M
Long Term Debt394.3M393.5M394.6M395.7M428.0M664.4M
Other Current Assets846K652K225K57.1M27.9M25.4M
Total Liab717.8M705.8M763.8M830.5M836.2M1.1B
Property Plant Equipment1.6B80.8M1.5B1.4B1.6B1.7B
Other Liab166.8M137.0M182.1M195.4M224.7M136.5M
Inventory14.0M15.2M12.5M13.0M21.1M14.9M
Net Tangible Assets972.4M714.0M684.9M800.5M720.4M836.5M
Net Receivables71.9M52.0M86.3M101.7M86.9M79.5M
Deferred Long Term Liab16M11M1.0M20.4M18.4M10.7M
Total Current Assets100.4M154.5M147.5M218.1M140.8M166.3M
Cash And Short Term Investments13.7M80.6M15.3M46.3M4.8M4.6M
Long Term Debt Total391.8M394.3M393.5M394.6M355.1M415.1M
Capital Surpluse914.5M901.8M915.9M912.5M821.2M1.1B
Common Stock Shares Outstanding82.0M79.8M80.2M82.6M77.6M79.8M
Short Long Term Debt Total399.1M393.5M424.2M397.4M436.1M443.3M
Property Plant And Equipment Net1.6B1.3B1.3B1.4B1.4B1.1B
Net Debt394.3M312.9M379.3M351.2M431.2M398.7M
Non Current Assets Total1.6B1.3B1.3B1.4B1.5B1.1B
Non Currrent Assets Other4.4M6.2M5.8M10.3M16.4M17.3M
Liabilities And Stockholders Equity1.7B1.4B1.5B1.6B1.6B1.3B
Non Current Liabilities Total561.1M530.5M576.7M596.3M613M616.6M
Other Stockholder Equity851.8M865.9M860.0M717.7M705.4M659.6M
Net Invested Capital1.4B1.1B1.1B1.2B1.2B1.3B
Property Plant And Equipment Gross1.6B1.3B103.8M1.9B2.1B1.5B
Non Current Liabilities Other33.6M136.0M161.7M28.5M5.1M4.9M
Net Working Capital(56.2M)(20.8M)(39.7M)(16.2M)(82.4M)(78.3M)

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