Avery Current Ratio from 2010 to 2024

AVY Stock  USD 226.30  1.72  0.77%   
Avery Dennison Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.14
Current Value
1.32
Quarterly Volatility
0.11596801
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avery Dennison financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avery main balance sheet or income statement drivers, such as Depreciation And Amortization of 178.7 M, Interest Expense of 125 M or Selling General Administrative of 995.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0277 or PTB Ratio of 3.62. Avery financial statements analysis is a perfect complement when working with Avery Dennison Valuation or Volatility modules.
  
This module can also supplement Avery Dennison's financial leverage analysis and stock options assessment as well as various Avery Dennison Technical models . Check out the analysis of Avery Dennison Correlation against competitors.

Latest Avery Dennison's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Avery Dennison Corp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Avery Dennison's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avery Dennison's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.01 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Avery Current Ratio Regression Statistics

Arithmetic Mean1.11
Geometric Mean1.11
Coefficient Of Variation10.41
Mean Deviation0.09
Median1.07
Standard Deviation0.12
Sample Variance0.01
Range0.3973
R-Value(0.19)
Mean Square Error0.01
R-Squared0.04
Significance0.50
Slope(0)
Total Sum of Squares0.19

Avery Current Ratio History

2024 1.32
2023 1.14
2022 0.99
2016 0.95
2012 1.07
2011 1.35
2010 1.3

About Avery Dennison Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Avery Dennison income statement, its balance sheet, and the statement of cash flows. Avery Dennison investors use historical funamental indicators, such as Avery Dennison's Current Ratio, to determine how well the company is positioned to perform in the future. Although Avery Dennison investors may use each financial statement separately, they are all related. The changes in Avery Dennison's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avery Dennison's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Avery Dennison Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Avery Dennison. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.14  1.32 

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.
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 the analysis of Avery Dennison Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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
6.85
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.