Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Ares Capital's annualizedGross Profit for the quarter that ended in Dec. 2023 was $1,776 Mil.
Ares Capital's average Total Assets over the quarter that ended in Dec. 2023 was $23,360 Mil. Therefore, Ares Capital's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 7.60%.
Ares Capital Gross-Profit-to-Asset % Historical Data
The historical data trend for Ares Capital's Gross-Profit-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.
Competitive Comparison of Ares Capital's Gross-Profit-to-Asset %
For the Asset Management subindustry, Ares Capital's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Gross-Profit-to-Asset % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ares Capital's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Ares Capital's Gross-Profit-to-Asset % falls into.
Ares Capital Gross-Profit-to-Asset % Calculation
Ares Capital's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Ares Capital Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Ares Capital's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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