Ares Management (ARES) Debt Metrics
Market Cap: $33.08B
Avg Volume: 2.01M
Industry: Asset Management
Sector: Financial Services
How much debt does Ares Management have?
According to Ares Management's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Ares Management's total debt stands at $641.86M. This is broken down into:
- Long-term debt: $-
- Short-term debt: $275.00M
The company's net debt, which accounts for cash and cash equivalents, is $-866.11M. In terms of overall financial obligations, Ares Management's total liabilities amount to $18.06B.
Debt Ratios and Metrics
To better understand Ares Management's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.18 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 2.58% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.30 - 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: 15.34% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Ares Management'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
$641.86M
Long-term Debt
$-
Short-term Debt
$275.00M
Net Debt
$-866.11M
Total Liabilities
$18.06B
Interest Coverage
2.30
Debt to Equity Ratio
0.18
Debt Ratio
2.58%
Ares Management Historical Debt Metrics
Ares Management 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 | $641.86M | $- | $275.00M | $-866.11M | $18.06B | 0.18 | 2.58% | 2.30 | 0.00% | 15.34% |
| 2023 | $15.76B | $15.58B | $176.64M | $14.26B | $19.71B | 8.32 | 63.71% | 1.03 | 88.99% | 89.27% |
| 2022 | $13.33B | $13.17B | $93.05M | $12.22B | $18.20B | 8.39 | 60.60% | 1.44 | 89.09% | 89.35% |
| 2021 | $12.49B | $12.37B | $205.07M | $11.10B | $17.79B | 6.85 | 57.83% | 2.95 | 86.95% | 87.25% |
| 2020 | $10.90B | $10.78B | $32.50M | $9.84B | $12.70B | 9.13 | 71.88% | 1.01 | 89.88% | 90.13% |
| 2019 | $8.57B | $8.46B | $106.05M | $7.82B | $10.16B | 11.15 | 71.30% | 1.08 | 91.52% | 91.77% |
| 2018 | $7.37B | $7.16B | $207.92M | $6.87B | $8.76B | 12.53 | 72.56% | 0.36 | 92.41% | 92.61% |
| 2017 | $5.72B | $- | $- | $5.04B | $7.10B | 3.92 | 66.77% | 1.69 | 0.00% | 79.66% |
| 2016 | $3.39B | $3.39B | $- | $2.59B | $4.45B | 5.73 | 58.18% | 2.17 | 85.15% | 85.15% |
| 2015 | $2.58B | $2.58B | $214.00K | $2.29B | $3.35B | 2.66 | 59.59% | 0.89 | 72.67% | 72.67% |
Related Metrics
Explore detailed financial metrics and analysis for ARES.