Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Ameresco's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Ameresco couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Ameresco's Cash-to-Debt or its related term are showing as below:
AMRC'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 0.25
Current: 0.05
During the past 13 years, Ameresco's highest Cash to Debt Ratio was 0.25. The lowest was 0.05. And the median was 0.13.
Ameresco Cash-to-Debt Historical Data
The historical data trend for Ameresco's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
|
Ameresco Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.09 |
0.16 |
0.10 |
0.12 |
0.05 |
|
Ameresco Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.12 |
0.18 |
0.04 |
0.07 |
0.05 |
Competitive Comparison
For the Engineering & Construction subindustry, Ameresco's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ameresco Cash-to-Debt Distribution
For the Construction industry and Industrials sector, Ameresco's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Ameresco's Cash-to-Debt falls into.
Ameresco Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Ameresco's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Ameresco's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ameresco (Ameresco) Business Description
Traded in Other Exchanges
Address
111 Speen Street, Suite 410, Framingham, MA, USA, 01701
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Executives
| George P Sakellaris |
director, 10 percent owner, officer: President and CEO |
111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
| Nicole E Bulgarino |
officer: Senior Vice President |
C/O AMERESCO, INC., 111 SPEEN ST, SUITE 410, FRAMINGHAM MA 01701 |
| Spencer Doran Hole |
officer: SVP and CFO |
C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
| Peter Christakis |
officer: Executive Vice President |
C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
| Britta Macintosh |
officer: Senior Vice President |
111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812 |
| Louis P Maltezos |
officer: Executive Vice President |
411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
| David J Corrsin |
director, officer: EVP and General Counsel |
411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
| Mark Chiplock |
officer: Vice President & CFO |
C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
| Michael T Bakas |
officer: Senior Vice President |
111 SPEEN STREET, SUIT 410, FRAMINGHAM MA 01701 |
| Wisneski Francis V Jr |
director |
111 SPEEN STREET, FRAMINGHAM MA 01701 |
| Charles R. Patton |
director |
1 RIVERSIDE PLAZA, COLUMBUS OH 43215 |
| Claire D'oyly-hughes Johnson |
director |
C/O AMERESCO, INC., 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812 |
| Douglas I Foy |
director |
411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
| Robert Georgeoff |
officer: Senior Vice President |
111 SPEEN STREET, STE. 401, 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812 |
| Thomas S Murley |
director |
C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701 |
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