Accel Other Liab vs Net Receivables Analysis
ACEL Stock | USD 11.62 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 Other Liab and its Net Receivables 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.
Other Liab vs Net Receivables
Other Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accel Entertainment Other Liab account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Accel Entertainment's Other Liab and Net Receivables is 0.75. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Receivables 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 Other Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Accel Entertainment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Liab i.e., Accel Entertainment's Other Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Net Receivables
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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.