Ares Management Balance Sheet Health
Financial Health criteria checks 2/6
Ares Management has a total shareholder equity of $5.8B and total debt of $14.2B, which brings its debt-to-equity ratio to 246.6%. Its total assets and total liabilities are $24.2B and $18.4B respectively. Ares Management's EBIT is $882.5M making its interest coverage ratio -9.8. It has cash and short-term investments of $1.5B.
Key information
246.6%
Debt to equity ratio
US$14.20b
Debt
| Interest coverage ratio | -9.8x |
| Cash | US$1.53b |
| Equity | US$5.76b |
| Total liabilities | US$18.44b |
| Total assets | US$24.19b |
Recent financial health updates
No updates
Recent updates
Ares 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 26
Ares: 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 24Should You Be Adding Ares Management (NYSE:ARES) To Your Watchlist Today?
Nov 27Ares Management: Outperforming AUM With Plenty Of Dry Powder
Nov 02Ares Management: Not The Best Time To Buy This Gold-Standard Business
Sep 11Ares Management (NYSE:ARES) Will Pay A Larger Dividend Than Last Year At $0.77
Aug 04A 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 11Ares Management's (NYSE:ARES) Shareholders Will Receive A Bigger Dividend Than Last Year
May 29Ares Management's (NYSE:ARES) Dividend Will Be Increased To $0.77
May 15Ares Management's (NYSE:ARES) Upcoming Dividend Will Be Larger Than Last Year's
May 01Ares Management (NYSE:ARES) Will Pay A Larger Dividend Than Last Year At $0.77
Feb 26Ares Management's (NYSE:ARES) Upcoming Dividend Will Be Larger Than Last Year's
Feb 12Ares Management Q4 Earnings Preview
Feb 08Ares Management closes fifth infrastructure fund at $5.0B
Jan 11Financial Position Analysis
Short Term Liabilities: ARES's short term assets ($2.5B) do not cover its short term liabilities ($4.2B).
Long Term Liabilities: ARES's short term assets ($2.5B) do not cover its long term liabilities ($14.2B).
Debt to Equity History and Analysis
Debt Level: ARES's net debt to equity ratio (220.1%) is considered high.
Reducing Debt: ARES's debt to equity ratio has reduced from 482% to 246.6% over the past 5 years.
Debt Coverage: ARES's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: ARES earns more interest than it pays, so coverage of interest payments is not a concern.