Accel Entertainment Balance Sheet Health
Financial Health criteria checks 4/6
Accel Entertainment has a total shareholder equity of $202.1M and total debt of $539.9M, which brings its debt-to-equity ratio to 267.1%. Its total assets and total liabilities are $919.1M and $717.0M respectively. Accel Entertainment's EBIT is $107.8M making its interest coverage ratio 3.2. It has cash and short-term investments of $262.8M.
Key information
267.1%
Debt to equity ratio
US$539.91m
Debt
Interest coverage ratio | 3.2x |
Cash | US$262.83m |
Equity | US$202.13m |
Total liabilities | US$717.00m |
Total assets | US$919.13m |
Recent financial health updates
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 24Is Accel Entertainment (NYSE:ACEL) A Risky Investment?
Feb 24Recent 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 30Financial Position Analysis
Short Term Liabilities: ACEL's short term assets ($309.3M) exceed its short term liabilities ($109.1M).
Long Term Liabilities: ACEL's short term assets ($309.3M) do not cover its long term liabilities ($607.9M).
Debt to Equity History and Analysis
Debt Level: ACEL's net debt to equity ratio (137.1%) is considered high.
Reducing Debt: ACEL's debt to equity ratio has reduced from 406% to 267.1% over the past 5 years.
Debt Coverage: ACEL's debt is well covered by operating cash flow (22.8%).
Interest Coverage: ACEL's interest payments on its debt are well covered by EBIT (3.2x coverage).