Ameresco Balance Sheet Health
Financial Health criteria checks 0/6
Ameresco has a total shareholder equity of $974.1M and total debt of $2.0B, which brings its debt-to-equity ratio to 210.1%. Its total assets and total liabilities are $3.8B and $2.8B respectively. Ameresco's EBIT is $83.4M making its interest coverage ratio 1.8. It has cash and short-term investments of $77.7M.
Key information
210.1%
Debt to equity ratio
US$2.05b
Debt
Interest coverage ratio | 1.8x |
Cash | US$77.68m |
Equity | US$974.07m |
Total liabilities | US$2.83b |
Total assets | US$3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A70's short term assets ($1.1B) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: 0A70's short term assets ($1.1B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: 0A70's net debt to equity ratio (202.1%) is considered high.
Reducing Debt: 0A70's debt to equity ratio has increased from 138.3% to 210.1% over the past 5 years.
Debt Coverage: 0A70's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0A70's interest payments on its debt are not well covered by EBIT (1.8x coverage).