Avery Intangible Assets vs Net Invested Capital Analysis

AVY Stock

USD 205.95 0.80 0.39%

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 Intangible Assets and its Net Invested Capital 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.

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avery Dennison Corp Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Avery Dennison's Intangible Assets and Net Invested Capital is 0.95. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital 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 Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Avery Dennison Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Avery Dennison's Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 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	0.78	0.95	0.89	0.96	0.76	0.76	0.37	0.8	0.87	0.39	0.94	-0.13	0.81	0.97	0.65	-0.72	0.83	0.55	0.94	0.46	0.6	0.96	-0.05	-0.05
Short Long Term Debt Total	0.77		0.56	0.71	0.69	0.87	1.0	0.98	0.21	0.98	0.64	0.31	0.69	-0.55	0.97	0.8	0.26	-0.94	0.97	0.86	0.62	0.72	0.9	0.72	-0.59	-0.59
Other Current Liab	0.78	0.56		0.82	0.72	0.77	0.53	0.5	0.46	0.56	0.71	0.45	0.77	0.06	0.54	0.73	0.63	-0.45	0.62	0.32	0.85	0.38	0.34	0.76	0.07	0.07
Total Current Liabilities	0.95	0.71	0.82		0.79	0.9	0.68	0.71	0.43	0.72	0.83	0.44	0.95	-0.07	0.71	0.93	0.72	-0.68	0.79	0.49	0.95	0.54	0.47	0.95	0.01	0.01
Total Stockholder Equity	0.89	0.69	0.72	0.79		0.87	0.67	0.66	0.36	0.77	0.75	0.4	0.74	0.05	0.71	0.8	0.61	-0.52	0.74	0.6	0.84	0.48	0.64	0.76	-0.16	-0.16
Property Plant And Equipment Net	0.96	0.87	0.77	0.9	0.87		0.85	0.86	0.38	0.88	0.8	0.44	0.9	-0.25	0.88	0.93	0.55	-0.82	0.9	0.7	0.89	0.58	0.69	0.91	-0.27	-0.27
Net Debt	0.76	1.0	0.53	0.68	0.67	0.85		0.97	0.14	0.97	0.61	0.24	0.66	-0.58	0.96	0.79	0.21	-0.94	0.96	0.87	0.59	0.72	0.92	0.69	-0.59	-0.59
Retained Earnings	0.76	0.98	0.5	0.71	0.66	0.86	0.97		0.31	0.97	0.64	0.41	0.72	-0.52	0.97	0.78	0.3	-0.96	0.97	0.88	0.63	0.73	0.84	0.73	-0.61	-0.61
Cash	0.37	0.21	0.46	0.43	0.36	0.38	0.14	0.31		0.28	0.47	0.99	0.54	0.36	0.31	0.28	0.71	-0.22	0.38	0.11	0.57	0.12	-0.07	0.45	-0.09	-0.09
Non Current Assets Total	0.8	0.98	0.56	0.72	0.77	0.88	0.97	0.97	0.28		0.67	0.38	0.71	-0.41	0.98	0.79	0.35	-0.89	0.98	0.86	0.67	0.73	0.9	0.72	-0.59	-0.59
Non Currrent Assets Other	0.87	0.64	0.71	0.83	0.75	0.8	0.61	0.64	0.47	0.67		0.45	0.89	-0.1	0.7	0.86	0.61	-0.64	0.72	0.32	0.87	0.21	0.39	0.89	0.12	0.12
Cash And Short Term Investments	0.39	0.31	0.45	0.44	0.4	0.44	0.24	0.41	0.99	0.38	0.45		0.54	0.27	0.4	0.3	0.67	-0.3	0.46	0.24	0.56	0.23	0.05	0.45	-0.24	-0.24
Net Receivables	0.94	0.69	0.77	0.95	0.74	0.9	0.66	0.72	0.54	0.71	0.89	0.54		-0.09	0.76	0.93	0.72	-0.71	0.79	0.41	0.95	0.36	0.42	0.99	0.03	0.03
Common Stock Shares Outstanding	-0.13	-0.55	0.06	-0.07	0.05	-0.25	-0.58	-0.52	0.36	-0.41	-0.1	0.27	-0.09		-0.44	-0.31	0.56	0.68	-0.37	-0.51	0.13	-0.34	-0.59	-0.16	0.44	0.44
Non Current Liabilities Total	0.81	0.97	0.54	0.71	0.71	0.88	0.96	0.97	0.31	0.98	0.7	0.4	0.76	-0.44		0.81	0.35	-0.91	0.98	0.8	0.68	0.61	0.84	0.76	-0.54	-0.54
Inventory	0.97	0.8	0.73	0.93	0.8	0.93	0.79	0.78	0.28	0.79	0.86	0.3	0.93	-0.31	0.81		0.52	-0.8	0.82	0.58	0.87	0.43	0.62	0.97	-0.03	-0.03
Other Current Assets	0.65	0.26	0.63	0.72	0.61	0.55	0.21	0.3	0.71	0.35	0.61	0.67	0.72	0.56	0.35	0.52		-0.17	0.45	0.11	0.83	0.19	0.0	0.66	0.19	0.19
Other Stockholder Equity	-0.72	-0.94	-0.45	-0.68	-0.52	-0.82	-0.94	-0.96	-0.22	-0.89	-0.64	-0.3	-0.71	0.68	-0.91	-0.8	-0.17		-0.9	-0.8	-0.56	-0.64	-0.78	-0.73	0.51	0.51
Total Liab	0.83	0.97	0.62	0.79	0.74	0.9	0.96	0.97	0.38	0.98	0.72	0.46	0.79	-0.37	0.98	0.82	0.45	-0.9		0.8	0.74	0.7	0.81	0.79	-0.52	-0.52
Property Plant And Equipment Gross	0.55	0.86	0.32	0.49	0.6	0.7	0.87	0.88	0.11	0.86	0.32	0.24	0.41	-0.51	0.8	0.58	0.11	-0.8	0.8		0.38	0.81	0.88	0.46	-0.76	-0.76
Total Current Assets	0.94	0.62	0.85	0.95	0.84	0.89	0.59	0.63	0.57	0.67	0.87	0.56	0.95	0.13	0.68	0.87	0.83	-0.56	0.74	0.38		0.37	0.37	0.93	0.08	0.08
Short Term Debt	0.46	0.72	0.38	0.54	0.48	0.58	0.72	0.73	0.12	0.73	0.21	0.23	0.36	-0.34	0.61	0.43	0.19	-0.64	0.7	0.81	0.37		0.71	0.36	-0.69	-0.69
Intangible Assets	0.6	0.9	0.34	0.47	0.64	0.69	0.92	0.84	-0.07	0.9	0.39	0.05	0.42	-0.59	0.84	0.62	0.0	-0.78	0.81	0.88	0.37	0.71		0.48	-0.67	-0.67
Accounts Payable	0.96	0.72	0.76	0.95	0.76	0.91	0.69	0.73	0.45	0.72	0.89	0.45	0.99	-0.16	0.76	0.97	0.66	-0.73	0.79	0.46	0.93	0.36	0.48		0.05	0.05
Common Stock Total Equity	-0.05	-0.59	0.07	0.01	-0.16	-0.27	-0.59	-0.61	-0.09	-0.59	0.12	-0.24	0.03	0.44	-0.54	-0.03	0.19	0.51	-0.52	-0.76	0.08	-0.69	-0.67	0.05		1.0
Common Stock	-0.05	-0.59	0.07	0.01	-0.16	-0.27	-0.59	-0.61	-0.09	-0.59	0.12	-0.24	0.03	0.44	-0.54	-0.03	0.19	0.51	-0.52	-0.76	0.08	-0.69	-0.67	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	679.8M	783.4M	785.7M	730.8M	456.9M
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	1.8B	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	540M	379.6M
Cash And Short Term Investments	253.7M	252.3M	162.7M	167.2M	250.1M	262.6M
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	178.9M	206.8M	230.5M	210.3M	146.4M
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	109M	366.1M	598.6M	804.1M	844.3M
Intangible Assets	126.5M	224.9M	911.4M	840.3M	953.6M	1.0B
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	35.1M	23.5M
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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

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.

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 Intangible Assets vs Net Invested Capital Analysis

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Invested Capital

Avery Dennison fundamental ratios Correlations

Avery Dennison Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avery Dennison fundamental ratios Accounts

Also Currently Popular

Additional Tools for Avery Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Common Stock Total Equity
Cash And Short Term Investments	+ 0.99	Cash
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
Other Stockholder Equity	- 0.91	Non Current Liabilities Total
Total Liab	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.89	Non Current Assets Total