Ares Management Balance Sheet Health
Financial Health criteria checks 2/6
Ares Management has a total shareholder equity of $5.0B and total debt of $15.0B, which brings its debt-to-equity ratio to 298.8%. Its total assets and total liabilities are $24.4B and $19.4B respectively. Ares Management's EBIT is $982.6M making its interest coverage ratio -7.8. It has cash and short-term investments of $1.5B.
Key information
298.8%
Debt to equity ratio
US$15.03b
Debt
Interest coverage ratio | -7.8x |
Cash | US$1.55b |
Equity | US$5.03b |
Total liabilities | US$19.38b |
Total assets | US$24.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QN's short term assets ($2.6B) do not cover its short term liabilities ($4.4B).
Long Term Liabilities: 0QN's short term assets ($2.6B) do not cover its long term liabilities ($15.0B).
Debt to Equity History and Analysis
Debt Level: 0QN's net debt to equity ratio (268.1%) is considered high.
Reducing Debt: 0QN's debt to equity ratio has reduced from 490.9% to 298.8% over the past 5 years.
Debt Coverage: 0QN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0QN earns more interest than it pays, so coverage of interest payments is not a concern.