Ares Acquisition II (AACT) Debt Metrics
Market Cap: $698.75M
Avg Volume: 391.79K
Industry: Shell Companies
Sector: Financial Services
How much debt does Ares Acquisition II have?
According to Ares Acquisition II's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Ares Acquisition II's total debt stands at $5.00M. This is broken down into:
- Long-term debt: $5.00M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $4.02M. In terms of overall financial obligations, Ares Acquisition II's total liabilities amount to $23.24M.
Debt Ratios and Metrics
To better understand Ares Acquisition II's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.00 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 0.15% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 0.26 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 0.16% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Ares Acquisition II's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$5.00M
Long-term Debt
$5.00M
Short-term Debt
$-
Net Debt
$4.02M
Total Liabilities
$23.24M
Interest Coverage
0.26
Debt to Equity Ratio
0.00
Debt Ratio
0.15%
Ares Acquisition II Historical Debt Metrics
Ares Acquisition II Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $5.00M | $5.00M | $- | $4.02M | $23.24M | 0.00 | 0.15% | 0.26 | 0.00% | 0.16% |
| 2023 | $5.00M | $5.00M | $- | $3.09M | $22.78M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
| 2022 | $1.50M | $- | $1.50M | $1.46M | $61.15M | 13.21 | 28.16% | 0.00 | 0.00% | 92.96% |
| 2021 | $- | $- | $- | $-749.51K | $70.23M | - | - | - | ||
| 2020 | $147.38K | $- | $147.38K | $147.38K | $512.32K | - | - | - |
Related Metrics
Explore detailed financial metrics and analysis for AACT.