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Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) EPS (Diluted) : $2.46 (TTM As of Dec. 2023)


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What is Ares Dynamic Credit Allocation Fund EPS (Diluted)?

Ares Dynamic Credit Allocation Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was $1.39. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.46.

Ares Dynamic Credit Allocation Fund's EPS (Basic) for the six months ended in Dec. 2023 was $1.39. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.46.

Ares Dynamic Credit Allocation Fund's EPS without NRI for the six months ended in Dec. 2023 was $1.39. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.46.

During the past 3 years, the average EPS without NRIGrowth Rate was 95.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 7 years, Ares Dynamic Credit Allocation Fund's highest 3-Year average EPS without NRI Growth Rate was 95.30% per year. The lowest was -46.90% per year. And the median was 27.00% per year.


Ares Dynamic Credit Allocation Fund EPS (Diluted) Historical Data

The historical data trend for Ares Dynamic Credit Allocation Fund's EPS (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ares Dynamic Credit Allocation Fund EPS (Diluted) Chart

Ares Dynamic Credit Allocation Fund Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
EPS (Diluted)
Get a 7-Day Free Trial 0.21 0.33 1.62 -2.01 2.46

Ares Dynamic Credit Allocation Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EPS (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 -2.25 0.24 1.07 1.39

Competitive Comparison of Ares Dynamic Credit Allocation Fund's EPS (Diluted)

For the Asset Management subindustry, Ares Dynamic Credit Allocation Fund's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ares Dynamic Credit Allocation Fund's PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Dynamic Credit Allocation Fund's PE Ratio distribution charts can be found below:

* The bar in red indicates where Ares Dynamic Credit Allocation Fund's PE Ratio falls into.



Ares Dynamic Credit Allocation Fund EPS (Diluted) Calculation

EPS (Diluted) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Diluted EPS takes into account all of the outstanding dilutive securities that could potentially be exercised (such as stock options and convertible preferred stock) and shows how such an action would impact earnings per share.

Ares Dynamic Credit Allocation Fund's Diluted EPS for the fiscal year that ended in Dec. 2023 is calculated as

Diluted EPS (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(56.352-0)/22.907
=2.46

Ares Dynamic Credit Allocation Fund's Diluted EPS for the quarter that ended in Dec. 2023 is calculated as

Diluted EPS (Q: Dec. 2023 )=(Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(31.853-0)/22.918
=1.39

EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ares Dynamic Credit Allocation Fund  (NYSE:ARDC) EPS (Diluted) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Ares Dynamic Credit Allocation Fund EPS (Diluted) Related Terms

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Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) Business Description

Traded in Other Exchanges
N/A
Address
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067
Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).
Executives
John Joseph Shaw director C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Elaine Orr director 143 MAGNOLIA AVENUE, MILLBRAE CA 94030
Bruce H Spector director APOLLO ADVISORS LP, 2 MANHATTANVILLE ROAD, PURCHASE NY 10577
Thrivent Financial For Lutherans 10 percent owner 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Aviva Life & Annuity Co 10 percent owner 7700 MILLS CIVIC PARKWAY, WEST DES MOINES IA 50266
Aisg Gp Ltd. 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTER, 27 HOSPITAL RD, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Athene Usa Corp 10 percent owner 7700 MILLS CIVIC PARWAY, WEST DES MOINES IA 50266
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Athene Holding Ltd 10 percent owner SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Apollo Insurance Solutions Group Lp 10 percent owner 2121 ROSECRANS AVE, STE 5300, EL SEGUNDO CA 90245
Athene Annuity & Life Assurance Co 10 percent owner 400 BROOKFIELD PARKWAY, GREENVILLE SC 29607
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019
Apollo Capital Management Gp, Llc 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Capital Management, L.p. 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019