Ameresco Balance Sheet Health
Financial Health criteria checks 1/6
Ameresco has a total shareholder equity of $1.0B and total debt of $2.2B, which brings its debt-to-equity ratio to 216.3%. Its total assets and total liabilities are $4.0B and $3.0B respectively. Ameresco's EBIT is $101.2M making its interest coverage ratio 1.5. It has cash and short-term investments of $113.5M.
Key information
216.3%
Debt to equity ratio
US$2.18b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$113.50m |
| Equity | US$1.01b |
| Total liabilities | US$2.97b |
| Total assets | US$3.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4AM's short term assets ($1.2B) exceed its short term liabilities ($964.7M).
Long Term Liabilities: 4AM's short term assets ($1.2B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: 4AM's net debt to equity ratio (205%) is considered high.
Reducing Debt: 4AM's debt to equity ratio has increased from 104.3% to 216.3% over the past 5 years.
Debt Coverage: 4AM's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 4AM's interest payments on its debt are not well covered by EBIT (1.5x coverage).