Avery Current Ratio from 2010 to 2024

AVY Stock  USD 205.15  0.53  0.26%   
Avery Dennison Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.14
Current Value
1.32
Quarterly Volatility
0.11596801
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avery Dennison financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avery Dennison's main balance sheet or income statement drivers, such as Depreciation And Amortization of 178.7 M, Interest Expense of 125 M or Selling General Administrative of 995.2 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0277 or PTB Ratio of 3.62. Avery financial statements analysis is a perfect complement when working with Avery Dennison Valuation or Volatility modules.
  
Check out the analysis of Avery Dennison Correlation against competitors.

Latest Avery Dennison's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Avery Dennison Corp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Avery Dennison's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Avery Dennison's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.01 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Avery Current Ratio Regression Statistics

Arithmetic Mean1.11
Geometric Mean1.11
Coefficient Of Variation10.41
Mean Deviation0.09
Median1.07
Standard Deviation0.12
Sample Variance0.01
Range0.3973
R-Value(0.19)
Mean Square Error0.01
R-Squared0.04
Significance0.50
Slope(0)
Total Sum of Squares0.19

Avery Current Ratio History

2024 1.32
2023 1.14
2022 0.99
2016 0.95
2012 1.07
2011 1.35
2010 1.3

About Avery Dennison Financial Statements

Avery Dennison investors use historical fundamental indicators, such as Avery Dennison's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Avery Dennison. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.14  1.32 

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.