Ameresco Other Current Assets from 2010 to 2024

AMRC Stock  USD 26.13  0.62  2.32%   
Ameresco's Other Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 222.8 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2008-12-31
Previous Quarter
209.6 M
Current Value
233.6 M
Quarterly Volatility
158.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ameresco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ameresco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.5 M, Interest Expense of 42.4 M or Selling General Administrative of 111 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0 or PTB Ratio of 1.66. Ameresco financial statements analysis is a perfect complement when working with Ameresco Valuation or Volatility modules.
  
Check out the analysis of Ameresco Correlation against competitors.
For information on how to trade Ameresco Stock refer to our How to Trade Ameresco Stock guide.

Latest Ameresco's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Ameresco over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Ameresco's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ameresco's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Ameresco Other Current Assets Regression Statistics

Arithmetic Mean62,019,640
Geometric Mean40,891,314
Coefficient Of Variation107.70
Mean Deviation45,497,796
Median33,288,000
Standard Deviation66,793,505
Sample Variance4461.4T
Range213.8M
R-Value0.70
Mean Square Error2452.2T
R-Squared0.49
Significance0
Slope10,450,761
Total Sum of Squares62459.2T

Ameresco Other Current Assets History

2024222.8 M
2023212.2 M
202275.4 M
202162.9 M
202064.8 M
201942.6 M
201833.3 M

About Ameresco Financial Statements

Ameresco stakeholders use historical fundamental indicators, such as Ameresco's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Ameresco investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ameresco's assets and liabilities are reflected in the revenues and expenses on Ameresco's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ameresco. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets212.2 M222.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 the analysis of Ameresco Correlation against competitors.
For information on how to trade Ameresco Stock refer to our How to Trade Ameresco Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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
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.