ACCOACCO Brands Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -72% · now at/near its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can ACCO take a bad year?
ACCO Brands Corporation carries $812M of net debt at 7.47× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 7.47×
Net debt / EBITDA · 6.79× a year ago · the load is going up
- Interest cover
- 1.87×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 42%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $918M
- Cash and short-term investments
- $106M
- Net debt
- $812M
- EBITDA, trailing twelve months
- $109M
- Operating profit, trailing twelve months
- $86M
- Debt / equity
- 1.33×
- Total debt / EBITDA
- 8.45×
- Annualised volatilitytwo years of daily moves
- 42%
- Worst drawdown on file
- −72%
- Below its 52-week high
- 0.00%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.