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
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 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 29Financial 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.