Avery Total Revenue vs Non Operating Income Net Other Analysis

AVY Stock  USD 205.15  0.53  0.26%   
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 Revenue 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 closely tied with the direction of predictive economic indicators such as signals in real.

Total Revenue vs Non Operating Income Net Other

Total Revenue 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 Total Revenue account and Non Operating Income Net Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Avery Dennison's Total Revenue and Non Operating Income Net Other is 0.15. Overlapping area represents the amount of variation of Total Revenue 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 Total Revenue 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 Total Revenue 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 Total Revenue i.e., Avery Dennison's Total Revenue and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Avery Dennison Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 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

0.770.780.950.890.960.760.760.370.80.870.390.94-0.130.810.970.65-0.720.830.550.940.460.60.96-0.05-0.05
0.770.560.710.690.871.00.980.210.980.640.310.69-0.550.970.80.26-0.940.970.860.620.720.90.72-0.59-0.59
0.780.560.820.720.770.530.50.460.560.710.450.770.060.540.730.63-0.450.620.320.850.380.340.760.070.07
0.950.710.820.790.90.680.710.430.720.830.440.95-0.070.710.930.72-0.680.790.490.950.540.470.950.010.01
0.890.690.720.790.870.670.660.360.770.750.40.740.050.710.80.61-0.520.740.60.840.480.640.76-0.16-0.16
0.960.870.770.90.870.850.860.380.880.80.440.9-0.250.880.930.55-0.820.90.70.890.580.690.91-0.27-0.27
0.761.00.530.680.670.850.970.140.970.610.240.66-0.580.960.790.21-0.940.960.870.590.720.920.69-0.59-0.59
0.760.980.50.710.660.860.970.310.970.640.410.72-0.520.970.780.3-0.960.970.880.630.730.840.73-0.61-0.61
0.370.210.460.430.360.380.140.310.280.470.990.540.360.310.280.71-0.220.380.110.570.12-0.070.45-0.09-0.09
0.80.980.560.720.770.880.970.970.280.670.380.71-0.410.980.790.35-0.890.980.860.670.730.90.72-0.59-0.59
0.870.640.710.830.750.80.610.640.470.670.450.89-0.10.70.860.61-0.640.720.320.870.210.390.890.120.12
0.390.310.450.440.40.440.240.410.990.380.450.540.270.40.30.67-0.30.460.240.560.230.050.45-0.24-0.24
0.940.690.770.950.740.90.660.720.540.710.890.54-0.090.760.930.72-0.710.790.410.950.360.420.990.030.03
-0.13-0.550.06-0.070.05-0.25-0.58-0.520.36-0.41-0.10.27-0.09-0.44-0.310.560.68-0.37-0.510.13-0.34-0.59-0.160.440.44
0.810.970.540.710.710.880.960.970.310.980.70.40.76-0.440.810.35-0.910.980.80.680.610.840.76-0.54-0.54
0.970.80.730.930.80.930.790.780.280.790.860.30.93-0.310.810.52-0.80.820.580.870.430.620.97-0.03-0.03
0.650.260.630.720.610.550.210.30.710.350.610.670.720.560.350.52-0.170.450.110.830.190.00.660.190.19
-0.72-0.94-0.45-0.68-0.52-0.82-0.94-0.96-0.22-0.89-0.64-0.3-0.710.68-0.91-0.8-0.17-0.9-0.8-0.56-0.64-0.78-0.730.510.51
0.830.970.620.790.740.90.960.970.380.980.720.460.79-0.370.980.820.45-0.90.80.740.70.810.79-0.52-0.52
0.550.860.320.490.60.70.870.880.110.860.320.240.41-0.510.80.580.11-0.80.80.380.810.880.46-0.76-0.76
0.940.620.850.950.840.890.590.630.570.670.870.560.950.130.680.870.83-0.560.740.380.370.370.930.080.08
0.460.720.380.540.480.580.720.730.120.730.210.230.36-0.340.610.430.19-0.640.70.810.370.710.36-0.69-0.69
0.60.90.340.470.640.690.920.84-0.070.90.390.050.42-0.590.840.620.0-0.780.810.880.370.710.48-0.67-0.67
0.960.720.760.950.760.910.690.730.450.720.890.450.99-0.160.760.970.66-0.730.790.460.930.360.480.050.05
-0.05-0.590.070.01-0.16-0.27-0.59-0.61-0.09-0.590.12-0.240.030.44-0.54-0.030.190.51-0.52-0.760.08-0.69-0.670.051.0
-0.05-0.590.070.01-0.16-0.27-0.59-0.61-0.09-0.590.12-0.240.030.44-0.54-0.030.190.51-0.52-0.760.08-0.69-0.670.051.0
Click cells to compare fundamentals

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 Other646M759.7M786.9M725M540M379.6M
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 Debt440.2M109M366.1M598.6M804.1M844.3M
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

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.

Additional 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.