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 $15.4B, which brings its debt-to-equity ratio to 307.4%. Its total assets and total liabilities are $24.7B and $19.7B respectively. Ares Management's EBIT is $920.1M making its interest coverage ratio -6. It has cash and short-term investments of $1.5B.
Key information
307.4%
Debt to equity ratio
US$15.44b
Debt
| Interest coverage ratio | -6x |
| Cash | US$1.50b |
| Equity | US$5.02b |
| Total liabilities | US$19.71b |
| Total assets | US$24.73b |
Recent financial health updates
No updates
Recent updates
Ares Management Corporation's (NYSE:ARES) Price In Tune With Earnings
Apr 23
Should 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 11Ares Management dips after BMO downgrade
Nov 14Ares Management Q3 2022 Earnings Preview
Oct 26Ares Management goes ex-dividend tomorrow
Sep 14Ares Management fund takes controlling interest in Atlas Crane Service
Aug 23Why ARES Management Is A Smart Choice For Dividend Growth Investors
Aug 12Financial Position Analysis
Short Term Liabilities: ARES's short term assets ($2.8B) do not cover its short term liabilities ($4.1B).
Long Term Liabilities: ARES's short term assets ($2.8B) do not cover its long term liabilities ($15.6B).
Debt to Equity History and Analysis
Debt Level: ARES's net debt to equity ratio (277.6%) is considered high.
Reducing Debt: ARES's debt to equity ratio has reduced from 528.4% to 307.4% over the past 5 years.
Debt Coverage: ARES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARES earns more interest than it pays, so coverage of interest payments is not a concern.