Avery Other Current Assets vs Net Debt 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 Other Current Assets and its Net Debt 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.
Other Current Assets vs Net Debt
Other Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avery Dennison Corp Other Current Assets account and Net Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Avery Dennison's Other Current Assets and Net Debt is 0.33. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt 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 Other Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Avery Dennison Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., Avery Dennison's Other Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Profit | 2.3B | 2.4B | 2.3B | 1.5B | Total Revenue | 8.4B | 9.0B | 8.4B | 5.2B |
Avery Dennison fundamental ratios Correlations
Click cells to compare fundamentals
Avery Dennison Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Avery Dennison fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 6.1B | 8.0B | 8.0B | 8.2B | 4.1B | |
Short Long Term Debt Total | 1.9B | 2.1B | 3.1B | 3.1B | 3.2B | 3.4B | |
Other Current Liab | 734.9M | 791.5M | 905.6M | 839.7M | 782.1M | 466.4M | |
Total Current Liabilities | 2.3B | 1.9B | 2.5B | 2.8B | 2.7B | 1.4B | |
Total Stockholder Equity | 1.2B | 1.5B | 1.9B | 2.0B | 2.1B | 1.3B | |
Property Plant And Equipment Net | 1.2B | 1.3B | 1.5B | 1.5B | 1.6B | 1.1B | |
Net Debt | 1.7B | 1.9B | 2.9B | 2.9B | 3.0B | 3.2B | |
Retained Earnings | 3.0B | 3.3B | 3.9B | 4.4B | 4.7B | 4.9B | |
Cash | 253.7M | 252.3M | 162.7M | 167.2M | 215M | 225.8M | |
Non Current Assets Total | 3.1B | 3.7B | 5.2B | 5.2B | 5.4B | 5.7B | |
Non Currrent Assets Other | 646M | 759.7M | 786.9M | 725M | 809.6M | 850.1M | |
Cash And Short Term Investments | 253.7M | 252.3M | 162.7M | 167.2M | 215M | 225.8M | |
Net Receivables | 1.2B | 1.2B | 1.4B | 1.4B | 1.4B | 840.3M | |
Common Stock Shares Outstanding | 85M | 84.1M | 83.8M | 82.2M | 81.1M | 78.5M | |
Liabilities And Stockholders Equity | 5.5B | 6.1B | 8.0B | 8.0B | 8.2B | 4.1B | |
Non Current Liabilities Total | 2.0B | 2.7B | 3.5B | 3.1B | 3.4B | 3.6B | |
Inventory | 663M | 717.2M | 907.2M | 1.0B | 920.7M | 467.2M | |
Other Current Assets | 211.7M | 211.5M | 240.2M | 230.5M | 245.4M | 149.3M | |
Other Stockholder Equity | (1.6B) | (1.6B) | (1.8B) | (2.1B) | (2.3B) | (2.2B) | |
Total Liab | 4.3B | 4.6B | 6.0B | 5.9B | 6.1B | 6.4B | |
Property Plant And Equipment Gross | 1.3B | 1.3B | 1.5B | 3.7B | 4.0B | 4.2B | |
Total Current Assets | 2.3B | 2.4B | 2.7B | 2.8B | 2.8B | 1.6B | |
Accumulated Other Comprehensive Income | (348.1M) | (334.6M) | (282.9M) | (364M) | (408.1M) | (428.5M) | |
Short Term Debt | 440.2M | 64.7M | 318.8M | 598.6M | 622.2M | 653.3M | |
Intangible Assets | 126.5M | 224.9M | 911.4M | 840.3M | 2.9B | 3.0B | |
Accounts Payable | 1.1B | 1.1B | 1.3B | 1.3B | 1.3B | 687.3M | |
Other Liab | 432.8M | 620.9M | 713.4M | 501.4M | 576.6M | 608.4M | |
Other Assets | 580.5M | 977.7M | 966.4M | 925.6M | 1.1B | 663.7M | |
Long Term Debt | 1.5B | 2.1B | 2.8B | 2.5B | 2.6B | 1.4B | |
Treasury Stock | (2.2B) | (2.4B) | (2.5B) | (2.7B) | (2.4B) | (2.3B) | |
Property Plant Equipment | 1.2B | 1.3B | 1.5B | 1.5B | 1.4B | 966.8M | |
Current Deferred Revenue | 12.6M | 18.9M | 24.7M | 22.2M | 18.1M | 17.2M | |
Good Will | 930.8M | 1.1B | 1.9B | 1.9B | 2.0B | 1.2B | |
Net Tangible Assets | 678.4M | 744.5M | (868.5M) | (55.5M) | (50.0M) | (47.5M) | |
Retained Earnings Total Equity | 3.0B | 3.3B | 3.9B | 4.4B | 5.1B | 2.9B | |
Short Term Investments | 30.6M | 32.6M | 33.4M | 31.3M | 37.8M | 23.7M | |
Long Term Debt Total | 1.5B | 2.1B | 2.8B | 2.5B | 2.9B | 1.5B | |
Capital Surpluse | 874M | 862.1M | 862.3M | 879.3M | 1.0B | 920.9M | |
Short Long Term Debt | 440.2M | 64.7M | 318.8M | 598.6M | 622.2M | 340.1M |
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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.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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Avery Dennison's price analysis, check to measure Avery Dennison'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 Avery Dennison is operating at the current time. Most of Avery Dennison's value examination focuses on studying past and present price action to predict the probability of Avery Dennison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avery Dennison's price. Additionally, you may evaluate how the addition of Avery Dennison to your portfolios can decrease your overall portfolio volatility.
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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.