Avery Net Interest Income vs Non Operating Income Net Other Analysis
AVY Stock | USD 224.58 1.53 0.68% |
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 Net Interest Income and its Non Operating Income Net Other 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.
Net Interest Income vs Non Operating Income Net Other
Net Interest Income vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avery Dennison Corp Net Interest Income account and Non Operating Income Net Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Avery Dennison's Net Interest Income and Non Operating Income Net Other is -0.34. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Non Operating Income Net Other 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 Net Interest Income and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Avery Dennison Corp are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Net Interest Income i.e., Avery Dennison's Net Interest Income and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Non Operating Income Net Other
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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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.