ACCO Brands Balance Sheet Health
Financial Health criteria checks 2/6
ACCO Brands has a total shareholder equity of $787.0M and total debt of $918.9M, which brings its debt-to-equity ratio to 116.8%. Its total assets and total liabilities are $2.6B and $1.9B respectively. ACCO Brands's EBIT is $159.6M making its interest coverage ratio 3.1. It has cash and short-term investments of $66.4M.
Key information
116.8%
Debt to equity ratio
US$918.90m
Debt
Interest coverage ratio | 3.1x |
Cash | US$66.40m |
Equity | US$787.00m |
Total liabilities | US$1.86b |
Total assets | US$2.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A3B's short term assets ($855.4M) exceed its short term liabilities ($542.0M).
Long Term Liabilities: A3B's short term assets ($855.4M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: A3B's net debt to equity ratio (108.3%) is considered high.
Reducing Debt: A3B's debt to equity ratio has increased from 111.8% to 116.8% over the past 5 years.
Debt Coverage: A3B's debt is not well covered by operating cash flow (14%).
Interest Coverage: A3B's interest payments on its debt are well covered by EBIT (3.1x coverage).