Ameresco Total Assets vs Retained Earnings 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 Total Assets and its Retained Earnings 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.
Total Assets vs Retained Earnings
Total Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameresco Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between Ameresco's Total Assets and Retained Earnings is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Ameresco, assuming nothing else is changed. The correlation between historical values of Ameresco's Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ameresco are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Ameresco's Total Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Ameresco assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ameresco books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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
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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.