Ameresco Non Currrent Assets Other vs Other Liab Analysis

AMRC Stock  USD 28.53  2.34  8.93%   
Ameresco financial indicator trend analysis is way more than just evaluating Ameresco prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ameresco is a good investment. Please check the relationship between Ameresco Non Currrent Assets Other and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameresco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ameresco Stock refer to our How to Trade Ameresco Stock guide.

Non Currrent Assets Other vs Other Liab

Non Currrent Assets Other vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameresco Non Currrent Assets Other account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ameresco's Non Currrent Assets Other and Other Liab is -0.03. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Liab in the same time period over historical financial statements of Ameresco, assuming nothing else is changed. The correlation between historical values of Ameresco's Non Currrent Assets Other and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Ameresco are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Currrent Assets Other i.e., Ameresco's Non Currrent Assets Other and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Liab

Most indicators from Ameresco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ameresco current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameresco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ameresco Stock refer to our How to Trade Ameresco Stock guide.As of November 28, 2024, Selling General Administrative is expected to decline to about 111 M. The current year's Tax Provision is expected to grow to about (13.6 M)
 2021 2022 2023 2024 (projected)
Interest Expense17.2M30.6M40.4M42.4M
Depreciation And Amortization46.7M54.4M66.2M69.5M

Ameresco fundamental ratios Correlations

0.970.230.990.990.741.0-0.190.970.990.990.671.00.190.180.950.670.990.580.40.340.190.990.470.90.95
0.970.150.970.920.680.98-0.131.00.930.930.60.960.12-0.010.990.60.950.450.320.370.180.970.480.960.88
0.230.150.220.250.090.24-1.00.150.250.240.20.240.180.210.130.20.220.19-0.020.30.220.220.18-0.030.23
0.990.970.220.970.750.99-0.190.960.980.980.70.980.160.150.940.70.990.560.360.380.170.970.540.880.94
0.990.920.250.970.780.97-0.210.920.990.990.70.980.170.230.90.70.980.690.480.270.240.960.490.830.99
0.740.680.090.750.780.72-0.060.670.760.760.780.73-0.030.210.650.780.780.680.460.230.370.70.560.590.81
1.00.980.240.990.970.72-0.210.980.980.980.641.00.220.160.970.640.980.550.370.360.171.00.460.920.93
-0.19-0.13-1.0-0.19-0.21-0.06-0.21-0.12-0.22-0.21-0.18-0.21-0.17-0.19-0.11-0.18-0.19-0.160.03-0.28-0.21-0.19-0.170.06-0.2
0.971.00.150.960.920.670.98-0.120.920.930.570.960.12-0.031.00.570.950.450.310.370.160.970.470.960.88
0.990.930.250.980.990.760.98-0.220.920.990.710.990.250.280.910.710.980.660.460.280.230.980.450.840.96
0.990.930.240.980.990.760.98-0.210.930.990.680.990.240.260.910.680.980.630.420.330.210.970.470.850.96
0.670.60.20.70.70.780.64-0.180.570.710.680.650.160.440.541.00.710.510.350.220.450.620.420.420.66
1.00.960.240.980.980.731.0-0.210.960.990.990.650.220.20.950.650.970.590.40.340.181.00.440.90.95
0.190.120.180.160.17-0.030.22-0.170.120.250.240.160.220.690.110.160.140.090.090.030.010.23-0.180.130.04
0.18-0.010.210.150.230.210.16-0.19-0.030.280.260.440.20.69-0.050.440.160.290.150.040.010.17-0.14-0.090.18
0.950.990.130.940.90.650.97-0.111.00.910.910.540.950.11-0.050.540.920.430.320.350.190.970.430.970.86
0.670.60.20.70.70.780.64-0.180.570.710.681.00.650.160.440.540.710.510.350.220.450.620.420.420.66
0.990.950.220.990.980.780.98-0.190.950.980.980.710.970.140.160.920.710.590.380.360.210.960.540.850.96
0.580.450.190.560.690.680.55-0.160.450.660.630.510.590.090.290.430.510.590.9-0.360.420.540.540.370.73
0.40.32-0.020.360.480.460.370.030.310.460.420.350.40.090.150.320.350.380.9-0.670.570.380.410.290.52
0.340.370.30.380.270.230.36-0.280.370.280.330.220.340.030.040.350.220.36-0.36-0.67-0.390.350.060.320.22
0.190.180.220.170.240.370.17-0.210.160.230.210.450.180.010.010.190.450.210.420.57-0.390.190.210.070.24
0.990.970.220.970.960.71.0-0.190.970.980.970.621.00.230.170.970.620.960.540.380.350.190.40.930.92
0.470.480.180.540.490.560.46-0.170.470.450.470.420.44-0.18-0.140.430.420.540.540.410.060.210.40.370.54
0.90.96-0.030.880.830.590.920.060.960.840.850.420.90.13-0.090.970.420.850.370.290.320.070.930.370.79
0.950.880.230.940.990.810.93-0.20.880.960.960.660.950.040.180.860.660.960.730.520.220.240.920.540.79
Click cells to compare fundamentals

Ameresco Account Relationship Matchups

Ameresco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.8B2.2B2.9B3.7B3.9B
Short Long Term Debt Total371.1M422.4M497.5M937.6M1.5B1.6B
Other Current Liab31.8M168.3M188.6M93.2M109.7M115.2M
Total Current Liabilities336.6M383.1M474.2M812.1M901.5M946.5M
Total Stockholder Equity428.9M492.8M704.3M824.0M902.0M947.1M
Other Liab29.4M37.8M55.5M60.9M70.0M37.7M
Property Plant And Equipment Net622.4M777.5M911.6M1.2B1.8B1.9B
Current Deferred Revenue26.6M34.0M35.9M34.8M52.9M50.3M
Net Debt337.8M356.0M447.1M822.1M1.5B1.5B
Retained Earnings314.5M368.4M438.7M533.5M595.9M625.7M
Accounts Payable202.4M230.9M309.0M349.1M402.8M422.9M
Cash33.2M66.4M50.5M115.5M79.3M49.1M
Non Current Assets Total948.8M1.3B1.6B1.9B2.6B2.7B
Non Currrent Assets Other266.4M422.4M35.1M22.5M67.1M97.5M
Other Assets265.1M1.2B596.5M548.6M1.00.95
Long Term Debt266.2M311.7M377.2M568.6M1.2B1.2B
Cash And Short Term Investments33.2M66.4M50.5M115.5M79.3M49.1M
Net Receivables320.1M351.0M516.5M796.2M829.1M870.6M
Good Will58.4M58.7M71.2M70.6M75.6M56.7M
Common Stock Shares Outstanding47.8M49.0M52.3M53.3M53.2M52.4M
Liabilities And Stockholders Equity1.4B1.8B2.2B2.9B3.7B3.9B
Non Current Liabilities Total608.5M874.3M1.0B1.1B1.8B1.9B
Inventory9.2M8.6M8.8M14.2M13.6M10.4M
Other Current Assets42.6M64.8M62.9M75.4M217.1M228.0M
Other Stockholder Equity121.9M133.7M272.2M294.5M309.1M324.6M
Total Liab945.2M1.3B1.5B2.0B2.7B2.9B
Property Plant And Equipment Gross10.1M777.5M911.6M1.2B2.2B2.3B
Total Current Assets425.2M490.7M638.6M1.0B1.1B1.2B
Accumulated Other Comprehensive Income(7.5M)(9.3M)(6.7M)(4.1M)(3.0M)(3.2M)
Treasury Stock(9.8M)(11.6M)(11.8M)(11.8M)(10.6M)(11.1M)
Short Term Debt75.8M12.2M12.6M335.3M334.9M351.7M
Intangible Assets1.6M927K7.0M4.7M6.8M6.4M
Property Plant Equipment579.5M9.0M911.6M1.2B1.4B1.5B
Net Tangible Assets436.4M515.6M626.1M748.7M861.0M904.1M
Retained Earnings Total Equity269.8M314.5M368.4M438.7M504.5M529.8M

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When determining whether Ameresco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ameresco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ameresco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ameresco Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameresco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ameresco Stock refer to our How to Trade Ameresco Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ameresco. If investors know Ameresco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ameresco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Earnings Share
1.09
Revenue Per Share
32.08
Quarterly Revenue Growth
0.494
Return On Assets
0.017
The market value of Ameresco is measured differently than its book value, which is the value of Ameresco that is recorded on the company's balance sheet. Investors also form their own opinion of Ameresco's value that differs from its market value or its book value, called intrinsic value, which is Ameresco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ameresco's market value can be influenced by many factors that don't directly affect Ameresco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ameresco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameresco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameresco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.