Accel Net Tangible Assets vs Long Term Debt Analysis
ACEL Stock | USD 11.51 0.11 0.96% |
Accel Entertainment financial indicator trend analysis is way more than just evaluating Accel Entertainment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accel Entertainment is a good investment. Please check the relationship between Accel Entertainment Net Tangible Assets and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accel Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.
Net Tangible Assets vs Long Term Debt
Net Tangible Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accel Entertainment Net Tangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Accel Entertainment's Net Tangible Assets and Long Term Debt is -0.42. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Accel Entertainment, assuming nothing else is changed. The correlation between historical values of Accel Entertainment's Net Tangible Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Accel Entertainment are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Tangible Assets i.e., Accel Entertainment's Net Tangible Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Long Term Debt
Long-term debt is a debt that Accel Entertainment has held for over one year. Long-term debt appears on Accel Entertainment balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Accel Entertainment balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Accel Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accel Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accel Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.At this time, Accel Entertainment's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 21.9 M this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 664.5M | 872.9M | 1.1B | 1.1B | Gross Profit | 240.7M | 298.9M | 294.1M | 188.1M |
Accel Entertainment fundamental ratios Correlations
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Accel Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Accel Entertainment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 61.9M | 83.0M | 94.6M | 91.2M | 86.8M | 79.2M | |
Total Assets | 509.3M | 560.2M | 616.1M | 862.8M | 939.0M | 690.7M | |
Other Current Liab | 20.4M | 10.5M | 39.7M | 44.1M | 45.2M | 25.2M | |
Total Current Liabilities | 54.9M | 52.4M | 71.8M | 89.9M | 109.7M | 59.6M | |
Total Stockholder Equity | 85.5M | 127.9M | 158.5M | 178.6M | 198.4M | 185.7M | |
Other Liab | 95.6M | 58.1M | 61.8M | 72.3M | 83.2M | 59.5M | |
Net Tangible Assets | (194.6M) | (100.9M) | (54.3M) | (152.8M) | (137.5M) | (144.4M) | |
Net Debt | 224.3M | 205.7M | 142.7M | 317.9M | 281.0M | 184.0M | |
Retained Earnings | (20.5M) | (43.3M) | (20.2M) | 53.9M | 99.5M | 104.5M | |
Accounts Payable | 19.5M | 23.7M | 14.6M | 22.3M | 33.5M | 20.2M | |
Cash | 125.4M | 134.5M | 198.8M | 224.1M | 261.6M | 148.5M | |
Non Current Assets Total | 357.8M | 408.3M | 368.1M | 563.6M | 600.3M | 503.6M | |
Non Currrent Assets Other | 19.9M | 2M | 3.0M | (28.0M) | 17.0M | 16.2M | |
Other Assets | 928K | 1K | 984.2M | 3.7M | 26.1M | 24.8M | |
Long Term Debt | 334.7M | 321.9M | 324.0M | 518.6M | 514.1M | 362.1M | |
Cash And Short Term Investments | 136.4M | 134.5M | 230.9M | 256.2M | 261.6M | 160.3M | |
Net Receivables | 3.9M | 3.3M | 5.1M | 11.2M | 13.5M | 14.1M | |
Liabilities And Stockholders Equity | 509.3M | 560.2M | 616.1M | 862.8M | 939.0M | 690.7M | |
Non Current Liabilities Total | 368.8M | 380.0M | 385.8M | 594.3M | 630.9M | 375.8M | |
Other Current Assets | 7.0M | 14.2M | 12.0M | 24.9M | 29.8M | 31.3M | |
Total Liab | 423.8M | 432.4M | 457.6M | 684.2M | 740.6M | 435.4M | |
Net Invested Capital | 435.2M | 468.0M | 500.0M | 720.6M | 741.0M | 587.9M | |
Short Long Term Debt | 15M | 18.3M | 17.5M | 23.5M | 28.5M | 19.5M | |
Total Current Assets | 151.5M | 152.0M | 248.0M | 299.2M | 312.6M | 183.0M | |
Net Working Capital | 96.5M | 99.6M | 176.2M | 209.3M | 202.9M | 123.4M | |
Short Term Debt | 15M | 18.3M | 17.5M | 23.5M | 31.0M | 19.9M | |
Intangible Assets | 184.2M | 183.0M | 166.6M | 230.7M | 216.0M | 191.5M | |
Property Plant Equipment | 119.2M | 143.6M | 152.3M | 217.1M | 249.7M | 147.7M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accel Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Accel Stock please use our How to buy in Accel Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.