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Ameresco earnings quality score
How much of the reported profit is backed by cash, and how many markers of managed earnings the filings show
Score47 / 100 · grade D · rank 918 of 1027
Ameresco (AMRC) scores 47 of 100 for earnings quality, grade D: rank 918 of 1027 companies and 235 of 287 in industrials. It loses the most points on accruals of -1.6% of assets, higher than 76% of companies, discretionary accruals of +3.4% of assets (modified Jones), larger than most, profit far steadier than cash flow (smoothness 0.18).
What earned and lost points
| Component | What the filings show | Points | Of |
|---|---|---|---|
| Accruals | accruals of -1.6% of assets, higher than 76% of companies | 8 | 33 |
| Montier C-score | Montier C-score 1 of 5 checks failed | 20 | 25 |
| Discretionary accruals | discretionary accruals of +3.4% of assets (modified Jones), larger than most | 8 | 17 |
| Piotroski F-score | Piotroski F-score 6 of 9 | 11 | 17 |
| Earnings smoothness | profit far steadier than cash flow (smoothness 0.18) | 0 | 8 |
How the score is built
Eight published measures, each scored against the whole universe or on its own scale and weighted: accruals 20, discretionary accruals 10, Beneish M 15, Dechow F 15, Montier C 15, Piotroski F 10, the non-GAAP gap 10, smoothness 5. A measure that cannot be computed (Beneish for a bank, say) drops out and the rest is rescaled, so every company is scored on what applies to it.
Every company ranked → The full quality workbench, live → Ameresco: cash flow →
Computed from the companies’ own XBRL filings (latest fiscal year) by published formulas; a statistical screen, not an audit or an accusation. A low score means the reported profit shows more of the markers of managed or low-quality earnings than its peers. Not investment advice.