Accel Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
Accel Entertainment has a total shareholder equity of $198.4M and total debt of $542.6M, which brings its debt-to-equity ratio to 273.5%. Its total assets and total liabilities are $912.9M and $714.5M respectively. Accel Entertainment's EBIT is $109.8M making its interest coverage ratio 3.3. It has cash and short-term investments of $269.8M.
Key information
273.5%
Debt to equity ratio
US$542.57m
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$269.75m |
| Equity | US$198.40m |
| Total liabilities | US$714.49m |
| Total assets | US$912.89m |
Recent financial health updates
Does Accel Entertainment (NYSE:ACEL) Have A Healthy Balance Sheet?
Mar 22
Accel Entertainment (NYSE:ACEL) Has A Pretty Healthy Balance Sheet
Aug 25Here's Why Accel Entertainment (NYSE:ACEL) Can Manage Its Debt Responsibly
Oct 27Accel Entertainment (NYSE:ACEL) Has A Pretty Healthy Balance Sheet
Jun 24Is Accel Entertainment (NYSE:ACEL) A Risky Investment?
Feb 24Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?
Sep 18Recent updates
Is Now The Time To Look At Buying Accel Entertainment, Inc. (NYSE:ACEL)?
Apr 11Does Accel Entertainment (NYSE:ACEL) Have A Healthy Balance Sheet?
Mar 22Accel Entertainment: A VGT Leader Poised For Takeoff
Mar 21Accel Entertainment: Strong Growth In Gaming Terminal
Jan 15Accel Entertainment: Potential Value For Short-Term And Long-Term Holding Periods
Oct 27Is There Now An Opportunity In Accel Entertainment, Inc. (NYSE:ACEL)?
Oct 15Is There An Opportunity With Accel Entertainment, Inc.'s (NYSE:ACEL) 37% Undervaluation?
Sep 14Accel Entertainment (NYSE:ACEL) Has A Pretty Healthy Balance Sheet
Aug 25Accel Entertainment Looks Mispriced
Aug 09What Does Accel Entertainment, Inc.'s (NYSE:ACEL) Share Price Indicate?
Jul 13Are Investors Undervaluing Accel Entertainment, Inc. (NYSE:ACEL) By 38%?
Jun 07Is It Too Late To Consider Buying Accel Entertainment, Inc. (NYSE:ACEL)?
Feb 22Accel Entertainment: Growth Supported By Several Underlying Secular Tailwinds
Jan 23Accel Entertainment: Thinking Big In Distributed Gaming
Nov 16Accel Entertainment GAAP EPS of $0.25 beats by $0.07, revenue of $267M misses by $2.91M
Nov 08Here's Why Accel Entertainment (NYSE:ACEL) Can Manage Its Debt Responsibly
Oct 27Is Accel Entertainment, Inc. (NYSE:ACEL) Potentially Undervalued?
Oct 08Accel Entertainment, Inc.'s (NYSE:ACEL) Shares Not Telling The Full Story
Sep 20Accel Entertainment (NYSE:ACEL) Has A Pretty Healthy Balance Sheet
Jun 24Is It Time To Consider Buying Accel Entertainment, Inc. (NYSE:ACEL)?
Mar 31Is Accel Entertainment (NYSE:ACEL) A Risky Investment?
Feb 24At US$12.46, Is It Time To Put Accel Entertainment, Inc. (NYSE:ACEL) On Your Watch List?
Nov 30Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?
Sep 18Financial Position Analysis
Short Term Liabilities: ACEL's short term assets ($312.6M) exceed its short term liabilities ($109.7M).
Long Term Liabilities: ACEL's short term assets ($312.6M) do not cover its long term liabilities ($604.8M).
Debt to Equity History and Analysis
Debt Level: ACEL's net debt to equity ratio (137.5%) is considered high.
Reducing Debt: ACEL's debt to equity ratio has reduced from 405.1% to 273.5% over the past 5 years.
Debt Coverage: ACEL's debt is well covered by operating cash flow (24.4%).
Interest Coverage: ACEL's interest payments on its debt are well covered by EBIT (3.3x coverage).