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ACCO Brands (FRA:A3B) Interest Expense : €-54 Mil (TTM As of Mar. 2024)


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What is ACCO Brands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ACCO Brands's interest expense for the three months ended in Mar. 2024 was € -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-54 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. ACCO Brands's Operating Income for the three months ended in Mar. 2024 was € 5 Mil. ACCO Brands's Interest Expense for the three months ended in Mar. 2024 was € -12 Mil. ACCO Brands's Interest Coverage for the quarter that ended in Mar. 2024 was 0.42. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ACCO Brands Interest Expense Historical Data

The historical data trend for ACCO Brands's Interest Expense 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 Interest Expense Chart

ACCO Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.88 -31.89 -40.98 -43.05 -53.74

ACCO Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.98 -14.31 -14.62 -12.47 -12.24

ACCO Brands Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-54 Mil.

* 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.

ACCO Brands  (FRA:A3B) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ACCO Brands's Interest Expense for the three months ended in Mar. 2024 was €-12 Mil. Its Operating Income for the three months ended in Mar. 2024 was €5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €897 Mil.

ACCO Brands's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*5.152/-12.236
=0.42

* 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.

The higher the ratio, the stronger the company's financial strength is.

ACCO Brands (FRA:A3B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ACCO Brands Corp (FRA:A3B) » Definitions » Interest Expense
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ACTG EBF SCS HNI TSE:7752 TSE:6448 SHSE:603899 SZSE:002152 TSE:8060 TSE:7984 HKSE:02429 SZSE:300130 TSE:4902 TSE:7994 BOM:544045 TSE:7846 HKSE:00327 XTER:TTK TSE:7976 LSE:MEGP
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.

ACCO Brands (FRA:A3B) Headlines

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