Ares Management Balance Sheet Health
Financial Health criteria checks 2/6
Ares Management has a total shareholder equity of $5.9B and total debt of $13.9B, which brings its debt-to-equity ratio to 236.2%. Its total assets and total liabilities are $24.5B and $18.6B respectively. Ares Management's EBIT is $982.2M making its interest coverage ratio -14.5. It has cash and short-term investments of $1.7B.
Key information
236.2%
Debt to equity ratio
US$13.89b
Debt
| Interest coverage ratio | -14.5x |
| Cash | US$1.67b |
| Equity | US$5.88b |
| Total liabilities | US$18.64b |
| Total assets | US$24.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A2RE34's short term assets ($2.7B) do not cover its short term liabilities ($4.6B).
Long Term Liabilities: A2RE34's short term assets ($2.7B) do not cover its long term liabilities ($14.1B).
Debt to Equity History and Analysis
Debt Level: A2RE34's net debt to equity ratio (207.8%) is considered high.
Reducing Debt: A2RE34's debt to equity ratio has reduced from 422.1% to 236.2% over the past 5 years.
Debt Coverage: A2RE34's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: A2RE34 earns more interest than it pays, so coverage of interest payments is not a concern.