Avery Dennison Balance Sheet Health
Financial Health criteria checks 4/6
Avery Dennison has a total shareholder equity of $2.3B and total debt of $3.2B, which brings its debt-to-equity ratio to 135.9%. Its total assets and total liabilities are $8.4B and $6.1B respectively. Avery Dennison's EBIT is $1.1B making its interest coverage ratio 10.1. It has cash and short-term investments of $329.1M.
Key information
135.9%
Debt to equity ratio
US$3.15b
Debt
| Interest coverage ratio | 10.1x |
| Cash | US$329.10m |
| Equity | US$2.32b |
| Total liabilities | US$6.09b |
| Total assets | US$8.41b |
Recent financial health updates
These 4 Measures Indicate That Avery Dennison (NYSE:AVY) Is Using Debt Reasonably Well
Dec 17
Avery Dennison (NYSE:AVY) Seems To Use Debt Quite Sensibly
Aug 19Is Avery Dennison (NYSE:AVY) A Risky Investment?
May 14Recent updates
Earnings 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 17When Should You Buy Avery Dennison Corporation (NYSE:AVY)?
Nov 24Avery Dennison Corporation's (NYSE:AVY) Intrinsic Value Is Potentially 63% Above Its Share Price
Oct 18Avery Dennison Poised For Gains As Inventory Destocking Fades
Sep 26Shareholders Should Be Pleased With Avery Dennison Corporation's (NYSE:AVY) Price
Sep 03Avery Dennison (NYSE:AVY) Seems To Use Debt Quite Sensibly
Aug 19Are Investors Undervaluing Avery Dennison Corporation (NYSE:AVY) By 25%?
Jul 12Avery Dennison's Share Price Should Keep Rising With Stronger Bottom Line
Jul 08At US$227, Is It Time To Put Avery Dennison Corporation (NYSE:AVY) On Your Watch List?
Jun 24Is Avery Dennison (NYSE:AVY) A Risky Investment?
May 14Avery 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 23The High P/E Of Avery Dennison Is Too Rich For Me
Dec 12Avery Dennison: Fundamentally Sound But Fully Priced
Oct 06Avery Dennison: Diversification Of Operations Resulting In Improved Cash Flows
Jul 24Financial Position Analysis
Short Term Liabilities: AVY's short term assets ($3.1B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: AVY's short term assets ($3.1B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: AVY's net debt to equity ratio (121.7%) is considered high.
Reducing Debt: AVY's debt to equity ratio has reduced from 158.7% to 135.9% over the past 5 years.
Debt Coverage: AVY's debt is well covered by operating cash flow (29.8%).
Interest Coverage: AVY's interest payments on its debt are well covered by EBIT (10.1x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 10:09 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/28 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 27 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 |