Ameresco Balance Sheet Health
Financial Health criteria checks 2/6
Ameresco has a total shareholder equity of $941.5M and total debt of $1.5B, which brings its debt-to-equity ratio to 154.9%. Its total assets and total liabilities are $3.0B and $2.0B respectively. Ameresco's EBIT is $115.5M making its interest coverage ratio 3.5. It has cash and short-term investments of $178.9M.
Key information
154.9%
Debt to equity ratio
US$1.46b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$178.94m |
| Equity | US$941.47m |
| Total liabilities | US$2.03b |
| Total assets | US$2.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMRC *'s short term assets ($958.0M) exceed its short term liabilities ($767.1M).
Long Term Liabilities: AMRC *'s short term assets ($958.0M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: AMRC *'s net debt to equity ratio (135.9%) is considered high.
Reducing Debt: AMRC *'s debt to equity ratio has increased from 129.8% to 154.9% over the past 5 years.
Debt Coverage: AMRC *'s operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMRC *'s interest payments on its debt are well covered by EBIT (3.5x coverage).