Ameresco Property Plant Equipment vs Retained Earnings Analysis
| AMRC Stock | USD 22.41 0.96 4.48% |
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 Property Plant Equipment 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 tightly coupled 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.
Property Plant Equipment vs Retained Earnings
Property Plant Equipment vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameresco Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ameresco's Property Plant Equipment and Retained Earnings is 0.91. Overlapping area represents the amount of variation of Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment i.e., Ameresco's Property Plant Equipment and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Property Plant Equipment
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 tightly coupled 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 May 4, 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 | 89.8M | 94.3M | Depreciation And Amortization | 46.6M | 54.3M | 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 | 42.7M | 44.1M | 90.8M | 110M | 115.5M | |
| 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 | 1.4B | 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 | 141.6M | 148.7M | |
| Non Current Assets Total | 948.8M | 1.3B | 1.6B | 1.9B | 2.6B | 2.8B | |
| Non Currrent Assets Other | 266.4M | 422.4M | 35.1M | 22.5M | 126.0M | 101.5M | |
| 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 | 141.6M | 148.7M | |
| Net Receivables | 320.1M | 351.0M | 516.5M | 796.2M | 903.6M | 948.8M | |
| 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 | 42.7M | 38.6M | 54.6M | 10.7M | 10.2M | |
| 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 | 1.1B | |
| 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 | 75.5M | 85.2M | 337.3M | 335.8M | 352.6M | |
| 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 |
Ameresco Investors Sentiment
The influence of Ameresco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ameresco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ameresco's public news can be used to forecast risks associated with an investment in Ameresco. The trend in average sentiment can be used to explain how an investor holding Ameresco can time the market purely based on public headlines and social activities around Ameresco. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ameresco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ameresco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ameresco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ameresco.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ameresco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ameresco's short interest history, or implied volatility extrapolated from Ameresco options trading.
Pair Trading with Ameresco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ameresco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ameresco will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ameresco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameresco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ameresco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ameresco to buy it.
The correlation of Ameresco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ameresco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameresco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ameresco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Ameresco's price analysis, check to measure Ameresco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ameresco is operating at the current time. Most of Ameresco's value examination focuses on studying past and present price action to predict the probability of Ameresco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameresco's price. Additionally, you may evaluate how the addition of Ameresco to your portfolios can decrease your overall portfolio volatility.
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Is Ameresco's industry 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 0.856 | Earnings Share 1.17 | Revenue Per Share 26.364 | Quarterly Revenue Growth 0.331 | Return On Assets 0.0161 |
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.