ACCO Brands Balance Sheet Health
Financial Health criteria checks 1/6
ACCO Brands has a total shareholder equity of $617.1M and total debt of $979.7M, which brings its debt-to-equity ratio to 158.8%. Its total assets and total liabilities are $2.4B and $1.8B respectively. ACCO Brands's EBIT is $145.4M making its interest coverage ratio 2.9. It has cash and short-term investments of $112.7M.
Key information
158.8%
Debt to equity ratio
US$979.70m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$112.70m |
| Equity | US$617.10m |
| Total liabilities | US$1.80b |
| Total assets | US$2.41b |
Recent financial health updates
ACCO Brands (NYSE:ACCO) Has A Somewhat Strained Balance Sheet
Jul 18
ACCO Brands (NYSE:ACCO) Use Of Debt Could Be Considered Risky
Jun 08Here's Why ACCO Brands (NYSE:ACCO) Has A Meaningful Debt Burden
Sep 01Recent updates
ACCO Brands: An Incredibly Cheap, But Imperfect, Opportunity
Aug 25ACCO Brands (NYSE:ACCO) Has A Somewhat Strained Balance Sheet
Jul 18ACCO Brands: Has New Management Found The Fire Extinguishers?
May 13ACCO Brands (NYSE:ACCO) Has Affirmed Its Dividend Of $0.075
Apr 29Despite 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 12Financial Position Analysis
Short Term Liabilities: ACCO's short term assets ($858.4M) exceed its short term liabilities ($484.3M).
Long Term Liabilities: ACCO's short term assets ($858.4M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: ACCO's net debt to equity ratio (140.5%) is considered high.
Reducing Debt: ACCO's debt to equity ratio has increased from 141.2% to 158.8% over the past 5 years.
Debt Coverage: ACCO's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: ACCO's interest payments on its debt are not well covered by EBIT (2.9x coverage).