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Avery Dennison AVY AR — Transition Loss On Remeasurement Of Foreign Currency

Discontinued — last reported Q3 '18

Similar metrics at other companies

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BALLAR — Foreign Currency Transaction Gain Loss Before Tax
$5.5M
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ARESOther — Foreign currency translation
$0
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RBAMaterial Reconciling Items — Foreign Currency Transaction Gain Loss Before Tax
-$76K-182%
CNH Industrial N.V. logo
CNHArgentina — Foreign currency transaction loss
$0-100%
RenaissanceRe Holdings logo
RNROperating Segments — Foreign Currency Transaction Gain Loss Before Tax
-$5.99M-1,072%
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ACMReportable Legal Entities — Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
$22.8M+47.1%

Other financials

Income statement

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Revenue$2.3B+7.0%
Gross profit$664.8M+7.0%
Net income$168.1M+1.1%
EPS (diluted)$2.18+4.3%

Balance sheet

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Cash & equivalents$255.1M+30.2%
Total debt$3.8B+9.6%
Total equity$2.3B+6.0%
Total assets$9.0B+7.5%

Cash flow

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Operating cash flow$136.5M+937%
CapEx$28.3M-21.4%
Free cash flow$108.2M+307%

Valuation

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Market cap$12.14B-5.5%
Enterprise value$15.67B-2.9%
P/E17.6×-0.8×
P/S1.4×-0.1×

Profitability

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Gross margin28.8%0.0pp
Net margin7.7%-0.3pp
FCF margin9.7%+2.8pp

Returns & leverage

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Return on equity30.9%-1.1pp
Debt / equity1.6×+0.1×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Avery Dennison in its filing.

Tagged under the XBRL concept avy:TransitionLossOnRemeasurementOfForeignCurrency.

The official record: Avery Dennison’s 10-K, filed February 26, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does AR — transition loss on remeasurement of foreign currency mean?
The financial loss caused by changes in currency exchange rates when converting foreign-denominated financial data into the reporting currency.
How do you interpret AR — transition loss on remeasurement of foreign currency?
An increase in transition loss indicates that unfavorable currency movements have negatively impacted the segment's reported financial position, while a decrease suggests a reduction in currency-related headwinds.
How does AR — transition loss on remeasurement of foreign currency compare across companies?
Multinational corporations with significant international operations typically report similar foreign exchange translation impacts, though the magnitude varies based on the specific currency exposure and hedging strategies employed.