Accel Total Current Liabilities vs Other Assets Analysis

ACEL Stock  USD 11.56  0.04  0.34%   
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 Total Current Liabilities and its Other Assets 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.

Total Current Liabilities vs Other Assets

Total Current Liabilities vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accel Entertainment Total Current Liabilities account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Accel Entertainment's Total Current Liabilities and Other Assets is 0.32. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Assets 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 Total Current Liabilities and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Accel Entertainment are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Liabilities i.e., Accel Entertainment's Total Current Liabilities and Other Assets go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Accel Entertainment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Accel Entertainment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Assets

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 Expenses664.5M872.9M1.1B1.1B
Gross Profit240.7M298.9M353.2M196.2M

Accel Entertainment fundamental ratios Correlations

0.790.850.85-0.760.720.020.790.360.770.880.28-0.840.490.830.880.73-0.820.840.760.790.80.850.720.840.88
0.790.930.93-0.670.76-0.320.880.730.860.920.7-0.790.150.950.910.93-0.780.920.690.930.560.920.990.960.93
0.850.930.97-0.80.86-0.260.90.560.840.980.42-0.880.440.950.980.86-0.870.950.770.870.690.950.870.930.98
0.850.930.97-0.880.92-0.340.960.520.931.00.39-0.940.320.980.990.87-0.940.990.830.90.750.990.860.970.99
-0.76-0.67-0.8-0.88-0.960.4-0.92-0.21-0.86-0.880.010.98-0.33-0.86-0.88-0.690.98-0.9-0.82-0.76-0.86-0.9-0.55-0.8-0.87
0.720.760.860.92-0.96-0.520.950.350.910.910.14-0.950.240.920.90.75-0.950.930.870.780.780.930.660.860.9
0.02-0.32-0.26-0.340.4-0.52-0.5-0.38-0.36-0.28-0.250.360.54-0.42-0.27-0.40.36-0.39-0.17-0.360.02-0.38-0.33-0.3-0.29
0.790.880.90.96-0.920.95-0.50.450.930.950.35-0.950.140.980.940.83-0.950.990.820.880.750.980.810.930.95
0.360.730.560.52-0.210.35-0.380.450.50.50.84-0.36-0.180.560.480.84-0.350.50.230.760.10.490.80.620.5
0.770.860.840.93-0.860.91-0.360.930.50.920.39-0.90.110.940.890.84-0.90.940.910.880.80.940.780.960.9
0.880.920.981.0-0.880.91-0.280.950.50.920.37-0.950.380.971.00.86-0.940.990.830.90.770.990.850.961.0
0.280.70.420.390.010.14-0.250.350.840.390.37-0.15-0.370.470.340.63-0.130.390.130.58-0.080.380.80.540.38
-0.84-0.79-0.88-0.940.98-0.950.36-0.95-0.36-0.9-0.95-0.15-0.34-0.93-0.95-0.81.0-0.96-0.83-0.86-0.86-0.96-0.69-0.88-0.94
0.490.150.440.32-0.330.240.540.14-0.180.110.38-0.37-0.340.190.420.1-0.350.250.310.120.490.260.050.190.38
0.830.950.950.98-0.860.92-0.420.980.560.940.970.47-0.930.190.970.9-0.920.990.840.920.740.990.890.980.98
0.880.910.980.99-0.880.9-0.270.940.480.891.00.34-0.950.420.970.85-0.940.980.820.890.780.980.830.941.0
0.730.930.860.87-0.690.75-0.40.830.840.840.860.63-0.80.10.90.85-0.790.870.650.980.590.870.910.910.87
-0.82-0.78-0.87-0.940.98-0.950.36-0.95-0.35-0.9-0.94-0.131.0-0.35-0.92-0.94-0.79-0.95-0.83-0.86-0.86-0.95-0.67-0.88-0.93
0.840.920.950.99-0.90.93-0.390.990.50.940.990.39-0.960.250.990.980.87-0.950.830.910.761.00.850.970.99
0.760.690.770.83-0.820.87-0.170.820.230.910.830.13-0.830.310.840.820.65-0.830.830.670.90.830.60.840.82
0.790.930.870.9-0.760.78-0.360.880.760.880.90.58-0.860.120.920.890.98-0.860.910.670.660.910.890.930.9
0.80.560.690.75-0.860.780.020.750.10.80.77-0.08-0.860.490.740.780.59-0.860.760.90.660.770.440.730.76
0.850.920.950.99-0.90.93-0.380.980.490.940.990.38-0.960.260.990.980.87-0.951.00.830.910.770.850.960.99
0.720.990.870.86-0.550.66-0.330.810.80.780.850.8-0.690.050.890.830.91-0.670.850.60.890.440.850.910.86
0.840.960.930.97-0.80.86-0.30.930.620.960.960.54-0.880.190.980.940.91-0.880.970.840.930.730.960.910.96
0.880.930.980.99-0.870.9-0.290.950.50.91.00.38-0.940.380.981.00.87-0.930.990.820.90.760.990.860.96
Click cells to compare fundamentals

Accel Entertainment Account Relationship Matchups

Accel Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding61.9M83.0M94.6M91.2M86.8M79.2M
Total Assets509.3M560.2M616.1M862.8M912.9M686.6M
Other Current Liab20.4M10.5M39.7M44.1M47.6M25.6M
Total Current Liabilities54.9M52.4M71.8M89.9M109.7M59.6M
Total Stockholder Equity85.5M127.9M158.5M178.6M198.4M185.7M
Other Liab95.6M58.1M61.8M72.3M83.2M59.5M
Net Tangible Assets(194.6M)(100.9M)(54.3M)(152.8M)(137.5M)(144.4M)
Net Debt224.3M205.7M142.7M317.9M281.0M184.0M
Retained Earnings(20.5M)(43.3M)(20.2M)53.9M99.5M104.5M
Accounts Payable19.5M23.7M14.6M22.3M33.5M20.2M
Cash125.4M134.5M198.8M224.1M261.6M148.5M
Non Current Assets Total357.8M408.3M368.1M563.6M600.3M503.6M
Non Currrent Assets Other19.9M2M3.0M(28.0M)7.8M7.4M
Other Assets928K1K984.2M3.7M26.1M24.8M
Long Term Debt334.7M321.9M324.0M518.6M514.1M362.1M
Cash And Short Term Investments136.4M134.5M230.9M256.2M261.6M160.3M
Net Receivables3.9M3.3M5.1M11.2M13.5M14.1M
Liabilities And Stockholders Equity509.3M560.2M616.1M862.8M912.9M686.6M
Non Current Liabilities Total368.8M380.0M385.8M594.3M630.9M375.8M
Other Current Assets7.0M14.2M12.0M24.9M29.8M31.3M
Total Liab423.8M432.4M457.6M684.2M714.5M431.3M
Net Invested Capital435.2M468.0M500.0M720.6M741.0M587.9M
Short Long Term Debt15M18.3M17.5M23.5M28.5M19.5M
Total Current Assets151.5M152.0M248.0M299.2M312.6M183.0M
Net Working Capital96.5M99.6M176.2M209.3M202.9M123.4M
Short Term Debt15M18.3M17.5M23.5M28.5M19.5M
Intangible Assets184.2M183.0M166.6M230.7M216.0M191.5M
Property Plant Equipment119.2M143.6M152.3M217.1M249.7M147.7M

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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 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.