Avery Dennison Corp (AVY)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,318,900 2,393,900 2,287,100 2,204,000 2,127,900 2,063,600 2,015,200 2,042,900 2,032,200 2,007,300 1,936,900 1,932,500 1,924,400 1,799,200 1,703,600 1,581,900 1,499,900 1,334,600 1,213,900 1,173,400
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,318,900K)
= 0.00

The debt-to-capital ratio for Avery Dennison Corp has consistently been at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily funded by equity rather than debt. This may imply a lower financial risk and a stronger financial position, as the company is not relying on borrowed funds to finance its operations or investments. It is essential to consider the reasons behind the consistent 0.00 debt-to-capital ratio and evaluate the company's overall financial strategy and performance in conjunction with this ratio.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Avery Dennison Corp
AVY
0.00
Kimberly-Clark Corporation
KMB
0.90