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
These 4 Measures Indicate That Ameresco (NYSE:AMRC) Is Using Debt Extensively
Jun 10
Is Ameresco (NYSE:AMRC) Using Too Much Debt?
Feb 23Ameresco (NYSE:AMRC) Takes On Some Risk With Its Use Of Debt
Nov 17These 4 Measures Indicate That Ameresco (NYSE:AMRC) Is Using Debt Extensively
Aug 15Recent updates
Here's What's Concerning About Ameresco's (NYSE:AMRC) Returns On Capital
Apr 14Sentiment Still Eluding Ameresco, Inc. (NYSE:AMRC)
Mar 24Ameresco: Awaiting Key Factors Evolution In 2024
Mar 20At US$18.11, Is Ameresco, Inc. (NYSE:AMRC) Worth Looking At Closely?
Mar 05Ameresco: Aggressive Covenant Amendments Show That Lenders Are Monitoring Closely
Jan 15Market Participants Recognise Ameresco, Inc.'s (NYSE:AMRC) Earnings
Dec 21Should You Investigate Ameresco, Inc. (NYSE:AMRC) At US$31.72?
Dec 03Ameresco: Capital-Hungry Business Throwing Off No Cash Flow To Shareholders
Nov 29Ameresco: The Delayed Execution Of Projects Resulting In Subdued Performance
Nov 23Here's What's Concerning About Ameresco's (NYSE:AMRC) Returns On Capital
Nov 15Ameresco: A Debt-Accumulation Machine And Concerns Around Its Business Model
Sep 08What Does Ameresco, Inc.'s (NYSE:AMRC) Share Price Indicate?
Sep 04There Are Reasons To Feel Uneasy About Ameresco's (NYSE:AMRC) Returns On Capital
Aug 08Ameresco: Solid Renewable Play With Consistent Margins
Jun 21These 4 Measures Indicate That Ameresco (NYSE:AMRC) Is Using Debt Extensively
Jun 10Why Ameresco, Inc. (NYSE:AMRC) Could Be Worth Watching
May 23Returns On Capital Are Showing Encouraging Signs At Ameresco (NYSE:AMRC)
May 01Does This Valuation Of Ameresco, Inc. (NYSE:AMRC) Imply Investors Are Overpaying?
Mar 08Ameresco Q4 2022 Earnings Preview
Feb 26Is Ameresco (NYSE:AMRC) Using Too Much Debt?
Feb 23Should You Be Adding Ameresco (NYSE:AMRC) To Your Watchlist Today?
Feb 06Should You Think About Buying Ameresco, Inc. (NYSE:AMRC) Now?
Jan 21Ameresco: A Valuation Premium With A Coiling Chart, Holding Pattern For Now
Jan 13Ameresco (NYSE:AMRC) Is Looking To Continue Growing Its Returns On Capital
Jan 06Ameresco (NYSE:AMRC) Takes On Some Risk With Its Use Of Debt
Nov 17Building Climate Economy Infrastructure Is Setting Ameresco Up For Growth
Oct 31Should You Think About Buying Ameresco, Inc. (NYSE:AMRC) Now?
Oct 23Should You Be Adding Ameresco (NYSE:AMRC) To Your Watchlist Today?
Oct 09Returns At Ameresco (NYSE:AMRC) Are On The Way Up
Sep 11These 4 Measures Indicate That Ameresco (NYSE:AMRC) Is Using Debt Extensively
Aug 15Ameresco: Alternative Energy's Best Near-Term Capital Gain Prospect
Jul 25Ameresco, Inc.'s (NYSE:AMRC) Intrinsic Value Is Potentially 30% Above Its Share Price
Jul 18Does Ameresco (NYSE:AMRC) Deserve A Spot On Your Watchlist?
Jul 06Ameresco (NYSE:AMRC) Is Looking To Continue Growing Its Returns On Capital
Jun 07Is Now The Time To Look At Buying Ameresco, Inc. (NYSE:AMRC)?
May 12Ameresco: Valuation Premium Spoils An Otherwise Tasty Recipe
Apr 20Financial Position Analysis
Short Term Liabilities: AMRC's short term assets ($1.1B) exceed its short term liabilities ($901.5M).
Long Term Liabilities: AMRC's short term assets ($1.1B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: AMRC's net debt to equity ratio (199.2%) is considered high.
Reducing Debt: AMRC's debt to equity ratio has increased from 129.1% to 207.4% 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 not well covered by EBIT (2.1x coverage).