Ares Acquisition Balance Sheet Health
Financial Health criteria checks 0/6
Ares Acquisition has a total shareholder equity of $-84.7M and total debt of $8.4M, which brings its debt-to-equity ratio to -9.9%. Its total assets and total liabilities are $492.2M and $576.9M respectively.
Key information
-9.9%
Debt to equity ratio
US$8.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$56.30k |
| Equity | -US$84.69m |
| Total liabilities | US$576.86m |
| Total assets | US$492.18m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AAC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AAC has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AAC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AAC's interest payments on its debt are well covered by EBIT.