Ameresco Net Invested Capital vs Net Tangible Assets Analysis
| AMRC Stock | USD 26.13 0.62 2.32% |
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 Net Invested Capital and its Net Tangible Assets 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.
Net Invested Capital vs Net Tangible Assets
Net Invested Capital vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameresco Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ameresco's Net Invested Capital and Net Tangible Assets is 0.89. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Ameresco, assuming nothing else is changed. The correlation between historical values of Ameresco's Net Invested Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Ameresco are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Ameresco's Net Invested Capital and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 22, 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 Expense | 17.2M | 30.6M | 40.4M | 42.4M | Depreciation And Amortization | 46.7M | 54.4M | 66.2M | 69.5M |
Ameresco fundamental ratios Correlations
Click cells to compare fundamentals
Ameresco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ameresco fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.4B | 1.8B | 2.2B | 2.9B | 3.7B | 3.9B | |
| Short Long Term Debt Total | 371.1M | 422.4M | 497.5M | 937.6M | 1.5B | 1.6B | |
| Other Current Liab | 31.8M | 168.3M | 188.6M | 93.2M | 110.6M | 116.1M | |
| Total Current Liabilities | 336.6M | 383.1M | 474.2M | 812.1M | 901.5M | 946.5M | |
| Total Stockholder Equity | 428.9M | 492.8M | 704.3M | 824.0M | 902.0M | 947.1M | |
| Other Liab | 29.4M | 37.8M | 55.5M | 60.9M | 70.0M | 37.7M | |
| Property Plant And Equipment Net | 622.4M | 777.5M | 911.6M | 1.2B | 1.8B | 1.9B | |
| Current Deferred Revenue | 26.6M | 34.0M | 35.9M | 34.8M | 52.9M | 50.3M | |
| Net Debt | 337.8M | 356.0M | 447.1M | 822.1M | 1.5B | 1.5B | |
| Retained Earnings | 314.5M | 368.4M | 438.7M | 533.5M | 595.9M | 625.7M | |
| Accounts Payable | 202.4M | 230.9M | 309.0M | 349.1M | 402.8M | 422.9M | |
| Cash | 33.2M | 66.4M | 50.5M | 115.5M | 79.3M | 49.1M | |
| Non Current Assets Total | 948.8M | 1.3B | 1.6B | 1.9B | 2.6B | 2.7B | |
| Non Currrent Assets Other | 266.4M | 422.4M | 35.1M | 22.5M | 67.1M | 97.5M | |
| Other Assets | 265.1M | 1.2B | 596.5M | 548.6M | 1.0 | 0.95 | |
| Long Term Debt | 266.2M | 311.7M | 377.2M | 568.6M | 1.2B | 1.2B | |
| Cash And Short Term Investments | 33.2M | 66.4M | 50.5M | 115.5M | 79.3M | 49.1M | |
| Net Receivables | 320.1M | 351.0M | 516.5M | 796.2M | 823.4M | 864.5M | |
| Good Will | 58.4M | 58.7M | 71.2M | 70.6M | 75.6M | 56.7M | |
| Common Stock Shares Outstanding | 47.8M | 49.0M | 52.3M | 53.3M | 53.2M | 52.4M | |
| Liabilities And Stockholders Equity | 1.4B | 1.8B | 2.2B | 2.9B | 3.7B | 3.9B | |
| Non Current Liabilities Total | 608.5M | 874.3M | 1.0B | 1.1B | 1.8B | 1.9B | |
| Inventory | 9.2M | 8.6M | 8.8M | 14.2M | 13.6M | 10.4M | |
| Other Current Assets | 42.6M | 64.8M | 62.9M | 75.4M | 212.2M | 222.8M | |
| Other Stockholder Equity | 121.9M | 133.7M | 272.2M | 294.5M | 309.1M | 324.6M | |
| Total Liab | 945.2M | 1.3B | 1.5B | 2.0B | 2.7B | 2.9B | |
| Property Plant And Equipment Gross | 10.1M | 777.5M | 911.6M | 1.2B | 2.2B | 2.3B | |
| Total Current Assets | 425.2M | 490.7M | 638.6M | 1.0B | 1.1B | 1.2B | |
| 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 Debt | 75.8M | 12.2M | 12.6M | 335.3M | 334.9M | 351.7M | |
| Intangible Assets | 1.6M | 927K | 7.0M | 4.7M | 6.8M | 6.4M | |
| Property Plant Equipment | 579.5M | 9.0M | 911.6M | 1.2B | 1.4B | 1.5B | |
| Net Tangible Assets | 436.4M | 515.6M | 626.1M | 748.7M | 861.0M | 904.1M | |
| Retained Earnings Total Equity | 269.8M | 314.5M | 368.4M | 438.7M | 504.5M | 529.8M |
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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 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.