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 DirectionNegative 
Relationship StrengthInsignificant

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 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
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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:
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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.