Ares Management (Ares Management) Debt-to-Equity : 8.32 (As of Dec. 2023)

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What is Ares Management Debt-to-Equity?

Ares Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $125.24 Mil. Ares Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15,630.71 Mil. Ares Management's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,893.40 Mil. Ares Management's debt to equity for the quarter that ended in Dec. 2023 was 8.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

ARESpA.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 5.73 Med: 9.55 Max: 47.42
Current: 8.32

During the past 13 years, the highest Debt-to-Equity Ratio of Ares Management was 47.42. The lowest was 5.73. And the median was 9.55.

ARESpA.PFD's Debt-to-Equity is ranked worse than
99.02% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs ARESpA.PFD: 8.32

Ares Management Debt-to-Equity Historical Data

The historical data trend for Ares Management's Debt-to-Equity 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 Management Debt-to-Equity Chart

Ares Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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11.15

9.13

6.85

8.39

8.32

Ares Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															8.39	8.08	8.02	8.20	8.32

Competitive Comparison of Ares Management's Debt-to-Equity

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

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

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

Ares Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(125.241	+	15630.709)	/	1893.399
	=	8.32

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(125.241	+	15630.709)	/	1893.399
	=	8.32

Ares Management (NYSE:ARESpA.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ares Management Debt-to-Equity Related Terms

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Ares Management (Ares Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Management Corp (NYSE:ARESpA.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ARES:USA 0QN:Germany

Address

2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067

Website

https://www.aresmgmt.com

Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.