ACCO Brands Balance Sheet Health
Financial Health criteria checks 2/6
ACCO Brands has a total shareholder equity of $615.5M and total debt of $909.0M, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are $2.4B and $1.7B respectively. ACCO Brands's EBIT is $143.0M making its interest coverage ratio 3. It has cash and short-term investments of $102.0M.
Key information
147.7%
Debt to equity ratio
US$909.00m
Debt
| Interest coverage ratio | 3x |
| Cash | US$102.00m |
| Equity | US$615.50m |
| Total liabilities | US$1.74b |
| Total assets | US$2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A3B's short term assets ($794.0M) exceed its short term liabilities ($497.7M).
Long Term Liabilities: A3B's short term assets ($794.0M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: A3B's net debt to equity ratio (131.1%) is considered high.
Reducing Debt: A3B's debt to equity ratio has increased from 119.7% to 147.7% over the past 5 years.
Debt Coverage: A3B's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: A3B's interest payments on its debt are well covered by EBIT (3x coverage).