Ameresco (Ameresco) Effective Interest Rate on Debt % : 3.52% (As of Dec. 2023)

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What is Ameresco Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Ameresco's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $53 Mil. Ameresco's average total debt for the quarter that ended in Dec. 2023 was $1,516 Mil. Therefore, Ameresco's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.52%.

Ameresco Effective Interest Rate on Debt % Historical Data

The historical data trend for Ameresco's Effective Interest Rate on 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.

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Ameresco Effective Interest Rate on Debt % Chart

Ameresco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.21

4.56

3.74

4.27

3.25

Ameresco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.27	3.33	3.29	3.10	3.52

Competitive Comparison of Ameresco's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Ameresco's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on 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's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ameresco's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Ameresco's Effective Interest Rate on Debt % falls into.

Ameresco Effective Interest Rate on Debt % Calculation

Ameresco's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -40.37	/	( (937.646	+	1548.149)	/ 2 )
=	-1 * -40.37	/	1242.8975
=	3.25 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	600.338	+	337.308
=	937.646

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1212.333	+	335.816
=	1548.149

Ameresco's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -53.396	/	( (1483.671	+	1548.149)	/ 2 )
=	-1 * -53.396	/	1515.91
=	3.52 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1061.062	+	422.609
=	1483.671

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1212.333	+	335.816
=	1548.149

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ameresco (NYSE:AMRC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Ameresco Effective Interest Rate on Debt % Related Terms

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Ameresco (Ameresco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ameresco Inc (NYSE:AMRC) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

4AM:Germany

Address

111 Speen Street, Suite 410, Framingham, MA, USA, 01701

Website

https://www.ameresco.com

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