Ameresco Balance Sheet Health
Financial Health criteria checks 1/6
Ameresco has a total shareholder equity of $972.8M and total debt of $2.0B, which brings its debt-to-equity ratio to 207.4%. Its total assets and total liabilities are $3.7B and $2.7B respectively. Ameresco's EBIT is $84.6M making its interest coverage ratio 2.1. It has cash and short-term investments of $79.3M.
Key information
207.4%
Debt to equity ratio
US$2.02b
Debt
Interest coverage ratio | 2.1x |
Cash | US$79.27m |
Equity | US$972.75m |
Total liabilities | US$2.74b |
Total assets | US$3.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4AM's short term assets ($1.1B) exceed its short term liabilities ($901.5M).
Long Term Liabilities: 4AM's short term assets ($1.1B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: 4AM's net debt to equity ratio (199.2%) is considered high.
Reducing Debt: 4AM's debt to equity ratio has increased from 129.1% to 207.4% over the past 5 years.
Debt Coverage: 4AM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4AM's interest payments on its debt are not well covered by EBIT (2.1x coverage).