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
Why Investors Shouldn't Be Surprised By Ares Management Corporation's (NYSE:ARES) P/S
Dec 10
Ares Q3: Record Highs But Concerning Valuation
Nov 08Ares Management: A Great Business, Just Too Expensive Today
Oct 02Ares Management: A Booming Giant With A Price Tag To Match
Sep 04What You Can Learn From Ares Management Corporation's (NYSE:ARES) P/E
Aug 26Ares: Will It Follow Blackstone's Performance In Q2? (Earnings Preview)
Jul 31Is Now The Time To Put Ares Management (NYSE:ARES) On Your Watchlist?
Jul 30Ares Management Shines As Private Credit Attracts More Capital
May 10Ares Management Corporation's (NYSE:ARES) Price In Tune With Earnings
Apr 23Should You Be Adding Ares Management (NYSE:ARES) To Your Watchlist Today?
Mar 27Ares Management: The Train Has Left The Station
Feb 21Ares Management (NYSE:ARES) Is Increasing Its Dividend To $0.93
Feb 19Why We're Not Concerned About Ares Management Corporation's (NYSE:ARES) Share Price
Dec 24Ares Management: Outperforming AUM With Plenty Of Dry Powder
Nov 02Ares Management: Not The Best Time To Buy This Gold-Standard Business
Sep 11A Home Run For PacWest Bancorp And Ares Management
Jun 28Ares Management: Supercharged Growth In Private Markets
Jun 20Ares Management: Credit Competency Makes It A Sector Standout
Jun 11Financial Position Analysis
Short Term Liabilities: ARES's short term assets ($2.7B) do not cover its short term liabilities ($4.6B).
Long Term Liabilities: ARES's short term assets ($2.7B) do not cover its long term liabilities ($14.1B).
Debt to Equity History and Analysis
Debt Level: ARES's net debt to equity ratio (207.8%) is considered high.
Reducing Debt: ARES's debt to equity ratio has reduced from 422.1% to 236.2% over the past 5 years.
Debt Coverage: ARES's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: ARES earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ares Management Corporation is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Budish | Barclays |
| James Fotheringham | BMO Capital Markets Equity Research |
| Craig Siegenthaler | BofA Global Research |