Accel Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
Accel Entertainment has a total shareholder equity of $209.1M and total debt of $565.7M, which brings its debt-to-equity ratio to 270.6%. Its total assets and total liabilities are $950.3M and $741.3M respectively. Accel Entertainment's EBIT is $107.2M making its interest coverage ratio 3.1. It has cash and short-term investments of $281.0M.
Key information
270.6%
Debt to equity ratio
US$565.74m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$281.04m |
| Equity | US$209.09m |
| Total liabilities | US$741.26m |
| Total assets | US$950.35m |
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
Earnings 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 24Is It Time To Consider Buying Accel Entertainment, Inc. (NYSE:ACEL)?
Mar 31Financial Position Analysis
Short Term Liabilities: ACEL's short term assets ($322.2M) exceed its short term liabilities ($105.8M).
Long Term Liabilities: ACEL's short term assets ($322.2M) do not cover its long term liabilities ($635.5M).
Debt to Equity History and Analysis
Debt Level: ACEL's net debt to equity ratio (136.2%) is considered high.
Reducing Debt: ACEL's debt to equity ratio has reduced from 329.6% to 270.6% over the past 5 years.
Debt Coverage: ACEL's debt is well covered by operating cash flow (22.3%).
Interest Coverage: ACEL's interest payments on its debt are well covered by EBIT (3.1x coverage).