Accel Entertainment Balance Sheet Health
Financial Health criteria checks 3/6
Accel Entertainment has a total shareholder equity of $206.7M and total debt of $554.1M, which brings its debt-to-equity ratio to 268%. Its total assets and total liabilities are $950.2M and $743.5M respectively. Accel Entertainment's EBIT is $100.7M making its interest coverage ratio 2.8. It has cash and short-term investments of $272.2M.
Key information
268.0%
Debt to equity ratio
US$554.06m
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$272.19m |
| Equity | US$206.72m |
| Total liabilities | US$743.49m |
| Total assets | US$950.21m |
Recent financial health updates
Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?
Jul 27
Does Accel Entertainment (NYSE:ACEL) Have A Healthy Balance Sheet?
Mar 22Accel 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 24Recent updates
Subdued Growth No Barrier To Accel Entertainment, Inc.'s (NYSE:ACEL) Price
Nov 10Earnings Beat: Accel Entertainment, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 01Accel Entertainment Will Not Accelerate Your Return
Jul 30Is Accel Entertainment (NYSE:ACEL) Using Too Much Debt?
Jul 27Is 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 24Financial Position Analysis
Short Term Liabilities: ACEL's short term assets ($323.3M) exceed its short term liabilities ($119.4M).
Long Term Liabilities: ACEL's short term assets ($323.3M) do not cover its long term liabilities ($624.1M).
Debt to Equity History and Analysis
Debt Level: ACEL's net debt to equity ratio (136.4%) is considered high.
Reducing Debt: ACEL's debt to equity ratio has reduced from 470.5% to 268% over the past 5 years.
Debt Coverage: ACEL's debt is well covered by operating cash flow (26.7%).
Interest Coverage: ACEL's interest payments on its debt are not well covered by EBIT (2.8x coverage).