Avery Total Operating Expenses vs Other Operating Expenses 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 Total Operating Expenses and its Other Operating Expenses 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.

Total Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avery Dennison Corp Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Avery Dennison's Total Operating Expenses and Other Operating Expenses is 0.94. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses 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 Total Operating Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Avery Dennison Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., Avery Dennison's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Avery Dennison Corp. It is also known as Avery Dennison overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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

Gross Profit Total Revenue

Avery Dennison fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.77	0.83	0.95	0.89	0.97	0.76	0.76	0.37	0.8	0.8	0.37	0.94	-0.13	0.81	0.97	0.77	-0.72	0.83	0.55	0.94	0.46	0.36	0.96	-0.05	-0.05
Short Long Term Debt Total	0.77		0.61	0.71	0.69	0.87	1.0	0.98	0.21	0.98	0.92	0.21	0.69	-0.55	0.97	0.8	0.38	-0.94	0.97	0.86	0.62	0.64	0.77	0.72	-0.59	-0.59
Other Current Liab	0.83	0.61		0.83	0.76	0.84	0.59	0.55	0.41	0.61	0.64	0.41	0.79	-0.02	0.61	0.79	0.68	-0.52	0.66	0.35	0.86	0.4	0.17	0.8	0.06	0.06
Total Current Liabilities	0.95	0.71	0.83		0.79	0.92	0.68	0.71	0.43	0.72	0.72	0.43	0.95	-0.07	0.71	0.93	0.8	-0.68	0.79	0.49	0.95	0.58	0.26	0.95	0.01	0.01
Total Stockholder Equity	0.89	0.69	0.76	0.79		0.86	0.67	0.66	0.36	0.77	0.76	0.36	0.74	0.05	0.71	0.8	0.72	-0.52	0.74	0.6	0.84	0.45	0.44	0.76	-0.16	-0.16
Property Plant And Equipment Net	0.97	0.87	0.84	0.92	0.86		0.85	0.86	0.4	0.88	0.89	0.4	0.92	-0.23	0.89	0.94	0.7	-0.82	0.91	0.67	0.91	0.52	0.49	0.93	-0.23	-0.23
Net Debt	0.76	1.0	0.59	0.68	0.67	0.85		0.97	0.14	0.97	0.9	0.14	0.66	-0.58	0.96	0.79	0.33	-0.94	0.96	0.87	0.59	0.64	0.78	0.69	-0.59	-0.59
Retained Earnings	0.76	0.98	0.55	0.71	0.66	0.86	0.97		0.31	0.97	0.94	0.31	0.72	-0.52	0.97	0.78	0.41	-0.96	0.97	0.88	0.63	0.65	0.77	0.73	-0.61	-0.61
Cash	0.37	0.21	0.41	0.43	0.36	0.4	0.14	0.31		0.28	0.46	1.0	0.54	0.36	0.31	0.28	0.7	-0.22	0.38	0.11	0.57	0.11	0.03	0.45	-0.09	-0.09
Non Current Assets Total	0.8	0.98	0.61	0.72	0.77	0.88	0.97	0.97	0.28		0.95	0.28	0.71	-0.41	0.98	0.79	0.47	-0.89	0.98	0.86	0.67	0.65	0.77	0.72	-0.59	-0.59
Non Currrent Assets Other	0.8	0.92	0.64	0.72	0.76	0.89	0.9	0.94	0.46	0.95		0.46	0.76	-0.36	0.95	0.77	0.54	-0.87	0.95	0.76	0.71	0.54	0.66	0.75	-0.52	-0.52
Cash And Short Term Investments	0.37	0.21	0.41	0.43	0.36	0.4	0.14	0.31	1.0	0.28	0.46		0.54	0.36	0.31	0.28	0.7	-0.22	0.38	0.11	0.57	0.11	0.03	0.45	-0.09	-0.09
Net Receivables	0.94	0.69	0.79	0.95	0.74	0.92	0.66	0.72	0.54	0.71	0.76	0.54		-0.09	0.76	0.93	0.81	-0.71	0.79	0.41	0.95	0.37	0.22	0.99	0.03	0.03
Common Stock Shares Outstanding	-0.13	-0.55	-0.02	-0.07	0.05	-0.23	-0.58	-0.52	0.36	-0.41	-0.36	0.36	-0.09		-0.44	-0.31	0.45	0.68	-0.37	-0.51	0.13	-0.25	-0.53	-0.16	0.44	0.44
Non Current Liabilities Total	0.81	0.97	0.61	0.71	0.71	0.89	0.96	0.97	0.31	0.98	0.95	0.31	0.76	-0.44		0.81	0.48	-0.91	0.98	0.8	0.68	0.52	0.71	0.76	-0.54	-0.54
Inventory	0.97	0.8	0.79	0.93	0.8	0.94	0.79	0.78	0.28	0.79	0.77	0.28	0.93	-0.31	0.81		0.64	-0.8	0.82	0.58	0.87	0.43	0.35	0.97	-0.03	-0.03
Other Current Assets	0.77	0.38	0.68	0.8	0.72	0.7	0.33	0.41	0.7	0.47	0.54	0.7	0.81	0.45	0.48	0.64		-0.29	0.56	0.18	0.91	0.28	0.01	0.76	0.14	0.14
Other Stockholder Equity	-0.72	-0.94	-0.52	-0.68	-0.52	-0.82	-0.94	-0.96	-0.22	-0.89	-0.87	-0.22	-0.71	0.68	-0.91	-0.8	-0.29		-0.9	-0.8	-0.56	-0.57	-0.68	-0.73	0.51	0.51
Total Liab	0.83	0.97	0.66	0.79	0.74	0.91	0.96	0.97	0.38	0.98	0.95	0.38	0.79	-0.37	0.98	0.82	0.56	-0.9		0.8	0.74	0.64	0.69	0.79	-0.52	-0.52
Property Plant And Equipment Gross	0.55	0.86	0.35	0.49	0.6	0.67	0.87	0.88	0.11	0.86	0.76	0.11	0.41	-0.51	0.8	0.58	0.18	-0.8	0.8		0.38	0.73	0.89	0.46	-0.76	-0.76
Total Current Assets	0.94	0.62	0.86	0.95	0.84	0.91	0.59	0.63	0.57	0.67	0.71	0.57	0.95	0.13	0.68	0.87	0.91	-0.56	0.74	0.38		0.4	0.17	0.93	0.08	0.08
Short Term Debt	0.46	0.64	0.4	0.58	0.45	0.52	0.64	0.65	0.11	0.65	0.54	0.11	0.37	-0.25	0.52	0.43	0.28	-0.57	0.64	0.73	0.4		0.63	0.38	-0.54	-0.54
Intangible Assets	0.36	0.77	0.17	0.26	0.44	0.49	0.78	0.77	0.03	0.77	0.66	0.03	0.22	-0.53	0.71	0.35	0.01	-0.68	0.69	0.89	0.17	0.63		0.23	-0.92	-0.92
Accounts Payable	0.96	0.72	0.8	0.95	0.76	0.93	0.69	0.73	0.45	0.72	0.75	0.45	0.99	-0.16	0.76	0.97	0.76	-0.73	0.79	0.46	0.93	0.38	0.23		0.05	0.05
Common Stock Total Equity	-0.05	-0.59	0.06	0.01	-0.16	-0.23	-0.59	-0.61	-0.09	-0.59	-0.52	-0.09	0.03	0.44	-0.54	-0.03	0.14	0.51	-0.52	-0.76	0.08	-0.54	-0.92	0.05		1.0
Common Stock	-0.05	-0.59	0.06	0.01	-0.16	-0.23	-0.59	-0.61	-0.09	-0.59	-0.52	-0.09	0.03	0.44	-0.54	-0.03	0.14	0.51	-0.52	-0.76	0.08	-0.54	-0.92	0.05	1.0

Click cells to compare fundamentals

Avery Dennison Account Relationship Matchups

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

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.

C	Citigroup
CRM	Salesforce
MSFT	Microsoft

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:

How To Invest In Avery

Details

Is Avery Stock a good investment?

Details

What is Avery Dennison's Net Worth?

Details

Largest Packaging & Containers Companies

View

Largest Consumer Cyclical Companies

View

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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Avery Stock analysis

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.

	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Avery Total Operating Expenses vs Other Operating Expenses Analysis

Total Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Other Operating Expenses

Avery Dennison fundamental ratios Correlations

Avery Dennison Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avery Dennison fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Avery Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Accounts Payable	+ 0.99	Net Receivables
Retained Earnings	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.94	Net Debt
Other Stockholder Equity	- 0.94	Short Long Term Debt Total
Common Stock	- 0.92	Intangible Assets
Common Stock Total Equity	- 0.92	Intangible Assets
Other Stockholder Equity	- 0.91	Non Current Liabilities Total