Avery Common Stock Total Equity vs Intangible Assets Analysis

AVY Stock  USD 227.05  0.02  0.01%   
Avery Dennison financial indicator trend analysis is way more than just evaluating Avery Dennison Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avery Dennison Corp is a good investment. Please check the relationship between Avery Dennison Common Stock Total Equity and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avery Dennison Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Common Stock Total Equity vs Intangible Assets

Common Stock Total Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avery Dennison Corp Common Stock Total Equity account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Avery Dennison's Common Stock Total Equity and Intangible Assets is -0.92. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Avery Dennison Corp, assuming nothing else is changed. The correlation between historical values of Avery Dennison's Common Stock Total Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Avery Dennison Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock Total Equity i.e., Avery Dennison's Common Stock Total Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Avery Dennison's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avery Dennison 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 Avery Dennison Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Sales General And Administrative To Revenue is likely to rise to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 995.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.4B2.3B1.5B
Total Revenue8.4B9.0B8.4B5.2B

Avery Dennison fundamental ratios Correlations

0.770.830.950.890.970.760.760.370.80.80.370.94-0.130.810.970.77-0.720.830.550.940.460.360.96-0.05-0.05
0.770.610.710.690.871.00.980.210.980.920.210.69-0.550.970.80.38-0.940.970.860.620.640.770.72-0.59-0.59
0.830.610.830.760.840.590.550.410.610.640.410.79-0.020.610.790.68-0.520.660.350.860.40.170.80.060.06
0.950.710.830.790.920.680.710.430.720.720.430.95-0.070.710.930.8-0.680.790.490.950.580.260.950.010.01
0.890.690.760.790.860.670.660.360.770.760.360.740.050.710.80.72-0.520.740.60.840.450.440.76-0.16-0.16
0.970.870.840.920.860.850.860.40.880.890.40.92-0.230.890.940.7-0.820.910.670.910.520.490.93-0.23-0.23
0.761.00.590.680.670.850.970.140.970.90.140.66-0.580.960.790.33-0.940.960.870.590.640.780.69-0.59-0.59
0.760.980.550.710.660.860.970.310.970.940.310.72-0.520.970.780.41-0.960.970.880.630.650.770.73-0.61-0.61
0.370.210.410.430.360.40.140.310.280.461.00.540.360.310.280.7-0.220.380.110.570.110.030.45-0.09-0.09
0.80.980.610.720.770.880.970.970.280.950.280.71-0.410.980.790.47-0.890.980.860.670.650.770.72-0.59-0.59
0.80.920.640.720.760.890.90.940.460.950.460.76-0.360.950.770.54-0.870.950.760.710.540.660.75-0.52-0.52
0.370.210.410.430.360.40.140.311.00.280.460.540.360.310.280.7-0.220.380.110.570.110.030.45-0.09-0.09
0.940.690.790.950.740.920.660.720.540.710.760.54-0.090.760.930.81-0.710.790.410.950.370.220.990.030.03
-0.13-0.55-0.02-0.070.05-0.23-0.58-0.520.36-0.41-0.360.36-0.09-0.44-0.310.450.68-0.37-0.510.13-0.25-0.53-0.160.440.44
0.810.970.610.710.710.890.960.970.310.980.950.310.76-0.440.810.48-0.910.980.80.680.520.710.76-0.54-0.54
0.970.80.790.930.80.940.790.780.280.790.770.280.93-0.310.810.64-0.80.820.580.870.430.350.97-0.03-0.03
0.770.380.680.80.720.70.330.410.70.470.540.70.810.450.480.64-0.290.560.180.910.280.010.760.140.14
-0.72-0.94-0.52-0.68-0.52-0.82-0.94-0.96-0.22-0.89-0.87-0.22-0.710.68-0.91-0.8-0.29-0.9-0.8-0.56-0.57-0.68-0.730.510.51
0.830.970.660.790.740.910.960.970.380.980.950.380.79-0.370.980.820.56-0.90.80.740.640.690.79-0.52-0.52
0.550.860.350.490.60.670.870.880.110.860.760.110.41-0.510.80.580.18-0.80.80.380.730.890.46-0.76-0.76
0.940.620.860.950.840.910.590.630.570.670.710.570.950.130.680.870.91-0.560.740.380.40.170.930.080.08
0.460.640.40.580.450.520.640.650.110.650.540.110.37-0.250.520.430.28-0.570.640.730.40.630.38-0.54-0.54
0.360.770.170.260.440.490.780.770.030.770.660.030.22-0.530.710.350.01-0.680.690.890.170.630.23-0.92-0.92
0.960.720.80.950.760.930.690.730.450.720.750.450.99-0.160.760.970.76-0.730.790.460.930.380.230.050.05
-0.05-0.590.060.01-0.16-0.23-0.59-0.61-0.09-0.59-0.52-0.090.030.44-0.54-0.030.140.51-0.52-0.760.08-0.54-0.920.051.0
-0.05-0.590.060.01-0.16-0.23-0.59-0.61-0.09-0.59-0.52-0.090.030.44-0.54-0.030.140.51-0.52-0.760.08-0.54-0.920.051.0
Click cells to compare fundamentals

Avery Dennison Account Relationship Matchups

Avery Dennison fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.1B8.0B8.0B8.2B4.1B
Short Long Term Debt Total1.9B2.1B3.1B3.1B3.2B3.4B
Other Current Liab734.9M791.5M905.6M839.7M782.1M466.4M
Total Current Liabilities2.3B1.9B2.5B2.8B2.7B1.4B
Total Stockholder Equity1.2B1.5B1.9B2.0B2.1B1.3B
Property Plant And Equipment Net1.2B1.3B1.5B1.5B1.6B1.1B
Net Debt1.7B1.9B2.9B2.9B3.0B3.2B
Retained Earnings3.0B3.3B3.9B4.4B4.7B4.9B
Cash253.7M252.3M162.7M167.2M215M225.8M
Non Current Assets Total3.1B3.7B5.2B5.2B5.4B5.7B
Non Currrent Assets Other646M759.7M786.9M725M809.6M850.1M
Cash And Short Term Investments253.7M252.3M162.7M167.2M215M225.8M
Net Receivables1.2B1.2B1.4B1.4B1.4B840.3M
Common Stock Shares Outstanding85M84.1M83.8M82.2M81.1M78.5M
Liabilities And Stockholders Equity5.5B6.1B8.0B8.0B8.2B4.1B
Non Current Liabilities Total2.0B2.7B3.5B3.1B3.4B3.6B
Inventory663M717.2M907.2M1.0B920.7M467.2M
Other Current Assets211.7M211.5M240.2M230.5M245.4M149.3M
Other Stockholder Equity(1.6B)(1.6B)(1.8B)(2.1B)(2.3B)(2.2B)
Total Liab4.3B4.6B6.0B5.9B6.1B6.4B
Property Plant And Equipment Gross1.3B1.3B1.5B3.7B4.0B4.2B
Total Current Assets2.3B2.4B2.7B2.8B2.8B1.6B
Accumulated Other Comprehensive Income(348.1M)(334.6M)(282.9M)(364M)(408.1M)(428.5M)
Short Term Debt440.2M64.7M318.8M598.6M622.2M653.3M
Intangible Assets126.5M224.9M911.4M840.3M2.9B3.0B
Accounts Payable1.1B1.1B1.3B1.3B1.3B687.3M
Other Liab432.8M620.9M713.4M501.4M576.6M608.4M
Other Assets580.5M977.7M966.4M925.6M1.1B663.7M
Long Term Debt1.5B2.1B2.8B2.5B2.6B1.4B
Treasury Stock(2.2B)(2.4B)(2.5B)(2.7B)(2.4B)(2.3B)
Property Plant Equipment1.2B1.3B1.5B1.5B1.4B966.8M
Current Deferred Revenue12.6M18.9M24.7M22.2M18.1M17.2M
Good Will930.8M1.1B1.9B1.9B2.0B1.2B
Net Tangible Assets678.4M744.5M(868.5M)(55.5M)(50.0M)(47.5M)
Retained Earnings Total Equity3.0B3.3B3.9B4.4B5.1B2.9B
Short Term Investments30.6M32.6M33.4M31.3M37.8M23.7M
Long Term Debt Total1.5B2.1B2.8B2.5B2.9B1.5B
Capital Surpluse874M862.1M862.3M879.3M1.0B920.9M
Short Long Term Debt440.2M64.7M318.8M598.6M622.2M340.1M

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When determining whether Avery Dennison Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avery Dennison'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 Avery Dennison Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avery Dennison Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avery Dennison Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Avery Dennison'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 Avery Dennison. If investors know Avery 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 Avery Dennison 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
0.43
Dividend Share
3.24
Earnings Share
6.83
Revenue Per Share
104.846
Quarterly Revenue Growth
0.042
The market value of Avery Dennison Corp is measured differently than its book value, which is the value of Avery that is recorded on the company's balance sheet. Investors also form their own opinion of Avery Dennison's value that differs from its market value or its book value, called intrinsic value, which is Avery Dennison'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 Avery Dennison's market value can be influenced by many factors that don't directly affect Avery Dennison'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 Avery Dennison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avery Dennison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avery Dennison'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.