ACCO Brands (FRA:A3B) Debt-to-Equity : 1.29 (As of Dec. 2023)

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What is ACCO Brands Debt-to-Equity?

ACCO Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €52 Mil. ACCO Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €879 Mil. ACCO Brands's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €722 Mil. ACCO Brands's debt to equity for the quarter that ended in Dec. 2023 was 1.29.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ACCO Brands's Debt-to-Equity or its related term are showing as below:

FRA:A3B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.98 Med: 1.22 Max: 1.66
Current: 1.29

During the past 13 years, the highest Debt-to-Equity Ratio of ACCO Brands was 1.66. The lowest was 0.98. And the median was 1.22.

FRA:A3B's Debt-to-Equity is ranked worse than
91.57% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs FRA:A3B: 1.29

ACCO Brands Debt-to-Equity Historical Data

The historical data trend for ACCO Brands's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ACCO Brands Debt-to-Equity Chart

ACCO Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.19

1.66

1.28

1.35

1.29

ACCO Brands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.35	1.47	1.41	1.26	1.29

Competitive Comparison of ACCO Brands's Debt-to-Equity

For the Business Equipment & Supplies subindustry, ACCO Brands's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ACCO Brands's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ACCO Brands's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ACCO Brands's Debt-to-Equity falls into.

ACCO Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ACCO Brands's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(52.452	+	879.403)	/	721.679
	=	1.29

ACCO Brands's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(52.452	+	879.403)	/	721.679
	=	1.29

ACCO Brands (FRA:A3B) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ACCO Brands Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ACCO Brands's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

ACCO Brands (FRA:A3B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ACCO Brands Corp (FRA:A3B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ACCO:USA

Address

Four Corporate Drive, Lake Zurich, IL, USA, 60047

Website

https://www.accobrands.com

ACCO Brands Corp designs, manufactures, and markets consumer and business products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers school notebooks, janitorial supplies, and whiteboards; storage and organization products, such as three-ring and lever-arch binders, sheet protectors, and indexes, and punching products; computer accessories and others used in schools, homes, and businesses. It offers its products primarily under the AT-A-GLANCE, Five Star, GBC, Hilroy, Kensington, Quartet, Leitz, NOBO, Rapid, Rexel, Tilibra, and Wilson Jones brands. The company markets and sells its products through various channels, including mass retailers; e-tailers; discount, and variety chains; and warehouse clubs.

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