Avery Dennison Balance Sheet Health
Financial Health criteria checks 3/6
Avery Dennison has a total shareholder equity of $2.2B and total debt of $3.8B, which brings its debt-to-equity ratio to 171%. Its total assets and total liabilities are $8.9B and $6.7B respectively. Avery Dennison's EBIT is $1.1B making its interest coverage ratio 9. It has cash and short-term investments of $581.7M.
Key information
171.01%
Debt to equity ratio
US$3.78b
Debt
| Interest coverage ratio | 9x |
| Cash | US$581.70m |
| Equity | US$2.21b |
| Total liabilities | US$6.66b |
| Total assets | US$8.87b |
Recent financial health updates
We Think Avery Dennison (NYSE:AVY) Can Stay On Top Of Its Debt
Apr 15
These 4 Measures Indicate That Avery Dennison (NYSE:AVY) Is Using Debt Reasonably Well
Dec 17Recent updates
Avery Dennison: Improving But Still Not Compelling Enough
Sep 22Is Avery Dennison Corporation (NYSE:AVY) Trading At A 45% Discount?
Sep 07When Should You Buy Avery Dennison Corporation (NYSE:AVY)?
Jul 16Investor Optimism Abounds Avery Dennison Corporation (NYSE:AVY) But Growth Is Lacking
Jun 13Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 77% Above Its Share Price
May 14Avery Dennison's (NYSE:AVY) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29Avery Dennison Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 25Why I'm Maintaining My Buy Rating On Avery Dennison
Apr 17We Think Avery Dennison (NYSE:AVY) Can Stay On Top Of Its Debt
Apr 15Is Now An Opportune Moment To Examine Avery Dennison Corporation (NYSE:AVY)?
Mar 16Earnings Update: Avery Dennison Corporation (NYSE:AVY) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 02Why We're Not Concerned About Avery Dennison Corporation's (NYSE:AVY) Share Price
Jan 31Avery Dennison Corporation (NYSE:AVY) Shares Could Be 38% Below Their Intrinsic Value Estimate
Jan 16Avery Dennison: Labeling A Better Future
Jan 03These 4 Measures Indicate That Avery Dennison (NYSE:AVY) Is Using Debt Reasonably Well
Dec 17Avery Dennison Poised For Gains As Inventory Destocking Fades
Sep 26Avery Dennison's Share Price Should Keep Rising With Stronger Bottom Line
Jul 08Avery Dennison: Despite Growth Prospects, A Downgrade Is In Store
Mar 15Financial Position Analysis
Short Term Liabilities: AVY's short term assets ($3.5B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: AVY's short term assets ($3.5B) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: AVY's net debt to equity ratio (144.7%) is considered high.
Reducing Debt: AVY's debt to equity ratio has increased from 148% to 171% over the past 5 years.
Debt Coverage: AVY's debt is well covered by operating cash flow (22.6%).
Interest Coverage: AVY's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/26 05:03 |
| End of Day Share Price | 2025/11/26 00:00 |
| Earnings | 2025/09/27 |
| Annual Earnings | 2024/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Avery Dennison Corporation is covered by 23 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Ghansham Panjabi | Baird |
| Peter Ruschmeier | Barclays |