Avery Dennison Balance Sheet Health
Financial Health criteria checks 4/6
Avery Dennison has a total shareholder equity of $2.2B and total debt of $3.2B, which brings its debt-to-equity ratio to 147%. Its total assets and total liabilities are $8.3B and $6.1B respectively. Avery Dennison's EBIT is $1.1B making its interest coverage ratio 8.7. It has cash and short-term investments of $221.7M.
Key information
147.0%
Debt to equity ratio
US$3.24b
Debt
| Interest coverage ratio | 8.7x |
| Cash | US$221.70m |
| Equity | US$2.20b |
| Total liabilities | US$6.05b |
| Total assets | US$8.26b |
Recent financial health updates
Avery Dennison (NYSE:AVY) Has A Pretty Healthy Balance Sheet
Feb 05
Is Avery Dennison (NYSE:AVY) A Risky Investment?
Nov 06Avery Dennison (NYSE:AVY) Has A Somewhat Strained Balance Sheet
Aug 01Is Avery Dennison (NYSE:AVY) Using Too Much Debt?
Apr 09Is Avery Dennison (NYSE:AVY) Using Too Much Debt?
Dec 20Here's Why Avery Dennison (NYSE:AVY) Can Manage Its Debt Responsibly
Sep 12Recent updates
Avery Dennison (NYSE:AVY) Will Pay A Larger Dividend Than Last Year At $0.88
Apr 29Analysts Are Updating Their Avery Dennison Corporation (NYSE:AVY) Estimates After Its First-Quarter Results
Apr 26Market Participants Recognise Avery Dennison Corporation's (NYSE:AVY) Earnings
Mar 29Avery Dennison: Despite Growth Prospects, A Downgrade Is In Store
Mar 15Is Avery Dennison Corporation (NYSE:AVY) Potentially Undervalued?
Mar 14Is Avery Dennison Corporation (NYSE:AVY) Trading At A 26% Discount?
Feb 23We Think You Can Look Beyond Avery Dennison's (NYSE:AVY) Lackluster Earnings
Feb 07Avery Dennison (NYSE:AVY) Has A Pretty Healthy Balance Sheet
Feb 05The High P/E Of Avery Dennison Is Too Rich For Me
Dec 12Is Avery Dennison (NYSE:AVY) A Risky Investment?
Nov 06Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 27% Above Its Share Price
Oct 20Avery Dennison: Fundamentally Sound But Fully Priced
Oct 06At US$177, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?
Aug 20Avery Dennison (NYSE:AVY) Has A Somewhat Strained Balance Sheet
Aug 01Avery Dennison: Diversification Of Operations Resulting In Improved Cash Flows
Jul 24Calculating The Intrinsic Value Of Avery Dennison Corporation (NYSE:AVY)
Jul 02What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?
Apr 27Is Avery Dennison (NYSE:AVY) Using Too Much Debt?
Apr 09Is Avery Dennison Corporation (NYSE:AVY) Trading At A 36% Discount?
Mar 24Avery Dennison Q4 2022 Earnings Preview: Shares Still Offer Upside From Here
Jan 29What Does Avery Dennison Corporation's (NYSE:AVY) Share Price Indicate?
Jan 16Is Avery Dennison (NYSE:AVY) Using Too Much Debt?
Dec 20An Intrinsic Calculation For Avery Dennison Corporation (NYSE:AVY) Suggests It's 44% Undervalued
Dec 06If EPS Growth Is Important To You, Avery Dennison (NYSE:AVY) Presents An Opportunity
Nov 22Avery Dennison: Facing Supply Chain, Inventory Headwinds
Nov 13Avery Dennison Q3 2022 Earnings Preview
Oct 25What Is Avery Dennison Corporation's (NYSE:AVY) Share Price Doing?
Oct 18Here's Why Avery Dennison (NYSE:AVY) Can Manage Its Debt Responsibly
Sep 12Avery Dennison: The Easy Money Has Been Made, But Further Upside Potential Exists
Aug 29Avery Dennison (NYSE:AVY) Has Announced That It Will Be Increasing Its Dividend To $0.75
Aug 25Avery Dennison Q2 2022 Earnings Preview
Jul 26Do Avery Dennison's (NYSE:AVY) Earnings Warrant Your Attention?
Jul 12Financial Position Analysis
Short Term Liabilities: AVY's short term assets ($2.9B) do not cover its short term liabilities ($3.3B).
Long Term Liabilities: AVY's short term assets ($2.9B) exceed its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: AVY's net debt to equity ratio (137%) is considered high.
Reducing Debt: AVY's debt to equity ratio has reduced from 210.8% to 147% over the past 5 years.
Debt Coverage: AVY's debt is well covered by operating cash flow (29.1%).
Interest Coverage: AVY's interest payments on its debt are well covered by EBIT (8.7x coverage).