Avery Long Term Debt vs Short Long Term Debt Analysis

AVY Stock  USD 207.94  5.35  2.64%   
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 Long Term Debt and its Short Long Term 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 closely tied with the direction of predictive economic indicators such as signals in real.

Long Term Debt vs Short Long Term Debt

Long Term Debt vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avery Dennison Corp Long Term Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avery Dennison's Long Term Debt and Short Long Term Debt is 0.56. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Long Term 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 Long Term Debt and Short Long Term 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 Long Term Debt of Avery Dennison Corp are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Debt i.e., Avery Dennison's Long Term Debt and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Avery Dennison Corp has held for over one year. Long-term debt appears on Avery Dennison Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Avery Dennison Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 closely tied 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

0.770.780.950.890.960.760.760.370.80.850.390.94-0.130.810.970.65-0.720.830.550.940.490.60.96-0.05-0.05
0.770.560.710.690.871.00.980.210.980.620.310.69-0.550.970.80.26-0.940.970.860.620.690.90.72-0.59-0.59
0.780.560.820.720.770.530.50.460.560.70.450.770.060.540.730.63-0.450.620.320.850.440.340.760.070.07
0.950.710.820.790.90.680.710.430.720.810.440.95-0.070.710.930.72-0.680.790.490.950.60.470.950.010.01
0.890.690.720.790.870.670.660.360.770.730.40.740.050.710.80.61-0.520.740.60.840.480.640.76-0.16-0.16
0.960.870.770.90.870.850.860.380.880.780.440.9-0.250.880.930.55-0.820.90.70.890.570.690.91-0.27-0.27
0.761.00.530.680.670.850.970.140.970.590.240.66-0.580.960.790.21-0.940.960.870.590.690.920.69-0.59-0.59
0.760.980.50.710.660.860.970.310.970.620.410.72-0.520.970.780.3-0.960.970.880.630.690.840.73-0.61-0.61
0.370.210.460.430.360.380.140.310.280.470.990.540.360.310.280.71-0.220.380.110.570.11-0.070.45-0.09-0.09
0.80.980.560.720.770.880.970.970.280.650.380.71-0.410.980.790.35-0.890.980.860.670.690.90.72-0.59-0.59
0.850.620.70.810.730.780.590.620.470.650.440.87-0.080.690.840.61-0.620.70.290.850.250.370.870.150.15
0.390.310.450.440.40.440.240.410.990.380.440.540.270.40.30.67-0.30.460.240.560.210.050.45-0.24-0.24
0.940.690.770.950.740.90.660.720.540.710.870.54-0.090.760.930.72-0.710.790.410.950.40.420.990.030.03
-0.13-0.550.06-0.070.05-0.25-0.58-0.520.36-0.41-0.080.27-0.09-0.44-0.310.560.68-0.37-0.510.13-0.29-0.59-0.160.440.44
0.810.970.540.710.710.880.960.970.310.980.690.40.76-0.440.810.35-0.910.980.80.680.570.840.76-0.54-0.54
0.970.80.730.930.80.930.790.780.280.790.840.30.93-0.310.810.52-0.80.820.580.870.460.620.97-0.03-0.03
0.650.260.630.720.610.550.210.30.710.350.610.670.720.560.350.52-0.170.450.110.830.260.00.660.190.19
-0.72-0.94-0.45-0.68-0.52-0.82-0.94-0.96-0.22-0.89-0.62-0.3-0.710.68-0.91-0.8-0.17-0.9-0.8-0.56-0.61-0.78-0.730.510.51
0.830.970.620.790.740.90.960.970.380.980.70.460.79-0.370.980.820.45-0.90.80.740.680.810.79-0.52-0.52
0.550.860.320.490.60.70.870.880.110.860.290.240.41-0.510.80.580.11-0.80.80.380.750.880.46-0.76-0.76
0.940.620.850.950.840.890.590.630.570.670.850.560.950.130.680.870.83-0.560.740.380.420.370.930.080.08
0.490.690.440.60.480.570.690.690.110.690.250.210.4-0.290.570.460.26-0.610.680.750.420.650.41-0.57-0.57
0.60.90.340.470.640.690.920.84-0.070.90.370.050.42-0.590.840.620.0-0.780.810.880.370.650.48-0.67-0.67
0.960.720.760.950.760.910.690.730.450.720.870.450.99-0.160.760.970.66-0.730.790.460.930.410.480.050.05
-0.05-0.590.070.01-0.16-0.27-0.59-0.61-0.09-0.590.15-0.240.030.44-0.54-0.030.190.51-0.52-0.760.08-0.57-0.670.051.0
-0.05-0.590.070.01-0.16-0.27-0.59-0.61-0.09-0.590.15-0.240.030.44-0.54-0.030.190.51-0.52-0.760.08-0.57-0.670.051.0
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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 Liab734.9M679.8M783.4M785.7M730.8M456.9M
Total Current Liabilities2.3B1.9B2.5B2.8B2.7B1.4B
Total Stockholder Equity1.2B1.5B1.9B2.0B2.1B1.3B
Property Plant And Equipment Net1.2B1.3B1.5B1.5B1.8B1.1B
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 Other646M759.7M786.9M725M504.9M378.6M
Cash And Short Term Investments253.7M252.3M162.7M167.2M250.1M262.6M
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 Assets211.7M178.9M206.8M230.5M210.3M146.4M
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 Debt440.2M109M366.1M598.6M649.5M682.0M
Intangible Assets126.5M224.9M911.4M840.3M953.6M1.0B
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 Investments30.6M32.6M33.4M31.3M35.1M23.5M
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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