Ares Commercial Real Estate Balance Sheet Health
Financial Health criteria checks 3/6
Ares Commercial Real Estate has a total shareholder equity of $563.8M and total debt of $1.3B, which brings its debt-to-equity ratio to 238.3%. Its total assets and total liabilities are $1.9B and $1.4B respectively.
Key information
238.3%
Debt to equity ratio
US$1.34b
Debt
| Interest coverage ratio | n/a |
| Cash | US$68.88m |
| Equity | US$563.75m |
| Total liabilities | US$1.38b |
| Total assets | US$1.94b |
Recent financial health updates
No updates
Recent updates
Ares Commercial: The 14% Yield Is Likely Not Sustainable
Nov 21Ares Commercial Real Estate: 14% Undercovered Yield, But There Is Hope
Sep 13Ares Commercial: Another Big Loan Goes On Non-Accrual
Aug 08Ares Commercial Real Estate: 14% Yield Might Be Sustainable
May 19Ares Commercial: Another Distribution Cut Highly Probable In 1 Year
Apr 14Ares Commercial Real Estate: The Safest Dividend Is The One That's Just Been Cut (Upgrade)
Mar 14Ares Commercial: Dividend Cut, What Now?
Feb 26Ares Commercial: Dividend Cut Highly Probable In 2024
Feb 14Ares Commercial Real Estate: Still Threatened By Declining Asset Values (Rating Downgrade)
Feb 07Ares Commercial Real Estate: Dividend Cut Potentially Incoming In 2024 (Rating Downgrade)
Jan 03Ares Commercial: You've Been Warned About This 13.4% Yield
Dec 0314%-Yielding Ares Commercial Real Estate: We're Beyond The Sweet Spot
Nov 14A Defensive Dividend That Pays A Massive 13% Yield: Ares Commercial RE
Oct 02Ares Commercial Real Estate: Enticing 12.6% Yield, But No Longer A Buy (Downgrade)
Sep 2514%-Yielding Ares Commercial Real Estate: The Market Is Way Too Pessimistic
Aug 23Ares Commercial: High Dividends Don't Lie And The Worst Is Likely Over
Jul 22Ares Commercial Real Estate: A Risky 14% Yield
Jun 04Ares Commercial Real Estate: 12% Yield And High Margin Of Safety
Feb 22Ares Commercial Real Estate Non-GAAP EPS of $0.44 beats by $0.07, revenue of $30.4M beats by $3.04M
Feb 15Ares Commercial Real Estate: High Dividend Yield, Still Undervalued
Feb 09Ares Commercial: I Am Getting A 12.5% Yield On My Last Purchase
Jan 08Ares Commercial At 13% Yield Is A Gift
Jan 02Ares Commercial Stock: 11% Dividend Yield And 16% Discount To Book Value
Nov 09Ares Commercial Real Estate Q3 2022 Earnings Preview
Nov 01Ares Commercial: I Am Buying This Fat 13.1% Yield
Oct 13Ares Commercial: A 10% Yield You Won't Want To Miss
Sep 15Ares Commercial: 9.8% Yield, Robust Portfolio Growth, 0.93x Book Value
Aug 24Ares Commercial Real Estate Q2 2022 Earnings Preview
Jul 28Ares Commercial: 9.3% Yield And Discount To Book Value
Jun 14Ares Commercial: 8.6% Dividend Yield That Can Rise With Rates
May 17Ares Commercial: Kick Back And Watch The Dividends Roll In
Apr 09Financial Position Analysis
Short Term Liabilities: ACRE's short term assets ($1.8B) exceed its short term liabilities ($447.7M).
Long Term Liabilities: ACRE's short term assets ($1.8B) exceed its long term liabilities ($929.1M).
Debt to Equity History and Analysis
Debt Level: ACRE's net debt to equity ratio (226.1%) is considered high.
Reducing Debt: ACRE's debt to equity ratio has reduced from 288.2% to 238.3% over the past 5 years.
Debt Coverage: ACRE's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: Insufficient data to determine if ACRE's interest payments on its debt are well covered by EBIT.