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
ACCO Brands (NYSE:ACCO) Use Of Debt Could Be Considered Risky
Jun 08
Here's Why ACCO Brands (NYSE:ACCO) Has A Meaningful Debt Burden
Sep 01Recent updates
Despite Underperforming, ACCO Brands Is Worthy Of Further Upside
Mar 11ACCO Brands (NYSE:ACCO) Is Paying Out A Dividend Of $0.075
Feb 23ACCO Brands: Cheap Enough To Be Worth Serious Consideration
Oct 29ACCO Brands (NYSE:ACCO) Has Announced A Dividend Of $0.075
Aug 18Dividend Challengers Review: ACCO Brands
Aug 10ACCO Brands (NYSE:ACCO) Has Announced A Dividend Of $0.075
Aug 04ACCO Brands: Still An Attractive Play Even With Recent Weakness
Jun 17ACCO Brands (NYSE:ACCO) Use Of Debt Could Be Considered Risky
Jun 08ACCO Brands (NYSE:ACCO) Is Due To Pay A Dividend Of $0.075
May 15ACCO Brands (NYSE:ACCO) Is Due To Pay A Dividend Of $0.075
May 01Some Investors May Be Worried About ACCO Brands' (NYSE:ACCO) Returns On Capital
Apr 26ACCO Brands (NYSE:ACCO) Will Pay A Dividend Of $0.075
Feb 20ACCO Brands declares $0.075 dividend
Feb 17ACCO Brands: Moving To Neutral
Jan 03ACCO Brands declares $0.075 dividend
Nov 07Dividend Challengers Review: ACCO Brands
Oct 27ACCO Brands: Speculative Buy On Valuations And Fundamentals Despite High Debt
Sep 29ACCO Brands: Even With Declining Profits, Shares Offer Upside
Sep 23Here's Why ACCO Brands (NYSE:ACCO) Has A Meaningful Debt Burden
Sep 01ACCO Brands (NYSE:ACCO) Will Pay A Dividend Of $0.075
Aug 12Returns At ACCO Brands (NYSE:ACCO) Appear To Be Weighed Down
Aug 10ACCO Brands Non-GAAP EPS of $0.37 misses by $0.05, revenue of $521M misses by $17.15M
Aug 08When Should You Buy ACCO Brands Corporation (NYSE:ACCO)?
Jul 21ACCO Brands (NYSE:ACCO) Is Due To Pay A Dividend Of US$0.075
May 14ACCO Brands (NYSE:ACCO) Has Announced A Dividend Of US$0.075
Apr 30ACCO Brands: A Quality Provider Of Name Brand Office And School Products
Mar 12Financial Position Analysis
Short Term Liabilities: ACCO's short term assets ($855.4M) exceed its short term liabilities ($542.0M).
Long Term Liabilities: ACCO's short term assets ($855.4M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: ACCO's net debt to equity ratio (108.3%) is considered high.
Reducing Debt: ACCO's debt to equity ratio has increased from 111.8% to 116.8% over the past 5 years.
Debt Coverage: ACCO's debt is not well covered by operating cash flow (14%).
Interest Coverage: ACCO's interest payments on its debt are well covered by EBIT (3.1x coverage).