Accel Return On Tangible Assets from 2010 to 2024

ACEL Stock  USD 11.71  0.07  0.60%   
Accel Entertainment Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. Return On Tangible Assets may rise above 0.08 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.07338917
Current Value
0.0771
Quarterly Volatility
0.04811336
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Accel Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accel Entertainment's main balance sheet or income statement drivers, such as Interest Expense of 34.8 M, Selling General Administrative of 189.3 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0045 or PTB Ratio of 3.87. Accel financial statements analysis is a perfect complement when working with Accel Entertainment Valuation or Volatility modules.
  
Check out the analysis of Accel Entertainment Correlation against competitors.
For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.

Latest Accel Entertainment's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Accel Entertainment over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Accel Entertainment's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Accel Entertainment's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Accel Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.01
Coefficient Of Variation224.18
Mean Deviation0.04
Median(0)
Standard Deviation0.05
Sample Variance0
Range0.1786
R-Value0.63
Mean Square Error0
R-Squared0.39
Significance0.01
Slope0.01
Total Sum of Squares0.03

Accel Return On Tangible Assets History

2024 0.0771
2023 0.0734
2022 0.14
2021 0.0783
2020 -0.0392
2019 -0.0202
2018 0.0216

About Accel Entertainment Financial Statements

Accel Entertainment investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Accel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.07  0.08 

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When determining whether Accel Entertainment is a strong investment it is important to analyze Accel Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Accel Entertainment's future performance. For an informed investment choice regarding Accel Stock, refer to the following important reports:
Check out the analysis of Accel Entertainment Correlation against competitors.
For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Accel Entertainment. If investors know Accel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Accel Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Earnings Share
0.51
Revenue Per Share
14.41
Quarterly Revenue Growth
0.051
Return On Assets
0.0784
The market value of Accel Entertainment is measured differently than its book value, which is the value of Accel that is recorded on the company's balance sheet. Investors also form their own opinion of Accel Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Accel Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Accel Entertainment's market value can be influenced by many factors that don't directly affect Accel Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Accel Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accel Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accel Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.