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Ares Capital (Ares Capital) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is Ares Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ares Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11,201 Mil. Ares Capital's Total Assets for the quarter that ended in Dec. 2023 was $23,800 Mil. Therefore, Ares Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

The historical rank and industry rank for Ares Capital's Equity-to-Asset or its related term are showing as below:

ARCC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.52   Max: 0.58
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Ares Capital was 0.58. The lowest was 0.43. And the median was 0.52.

ARCC's Equity-to-Asset is ranked worse than
84.08% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs ARCC: 0.47

Ares Capital Equity-to-Asset Historical Data

The historical data trend for Ares Capital's Equity-to-Asset 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 Capital Equity-to-Asset Chart

Ares Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.44 0.43 0.43 0.47

Ares Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.46 0.47 0.47 0.47

Competitive Comparison of Ares Capital's Equity-to-Asset

For the Asset Management subindustry, Ares Capital's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Capital's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Capital's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ares Capital's Equity-to-Asset falls into.



Ares Capital Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ares Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=11201/23800
=0.47

Ares Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=11201/23800
=0.47

* 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 Capital  (NAS:ARCC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ares Capital Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ares Capital's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ares Capital (Ares Capital) Business Description

Traded in Other Exchanges
Address
245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. The company may invest in preferred and common equity investments to a lesser proportion. Its revenue mainly consists of interest and dividend income received from the investment made.
Executives
Michael Kort Schnabel officer: Co-President 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Penelope F Roll officer: Chief Financial Officer
Jana Markowicz officer: Chief Operating Officer 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Mary Beth Henson director 130 EAST 75TH STREET, APT 7C, NEW YORK NY 10021
Steven B. Mckeever director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael J Arougheti officer: President 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael Lewis Smith officer: Executive Vice President 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Joshua M Bloomstein officer: Gen. Counsel, VP & Asst. Secr. C/O ARES MANAGEMENT LLC, 280 PARK AVENUE, 22ND FL EAST, NEW YORK NY 10017
R. Kipp Deveer officer: President 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Eric B Siegel director 123 W MILLS, EL PASO TX 79901
Michael K Parks director 123 W MILLS, EL PASO TX 79901
Robert L Rosen director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Steve Bartlett director 7711 CARONDELET AVE, SUITE 800, ST LOUIS MO 63105
Kelly Daniel G Jr director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Bates Ann Torre director 300 CONTINENTAL DRIVE, NEWARK DE 19713