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Ares Acquisition (Ares Acquisition) Equity-to-Asset : 0.83 (As of Jun. 2023)


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What is Ares Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ares Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $407.29 Mil. Ares Acquisition's Total Assets for the quarter that ended in Jun. 2023 was $492.18 Mil.

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

AAC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.93   Max: 0.96
Current: 0.83

During the past 3 years, the highest Equity to Asset Ratio of Ares Acquisition was 0.96. The lowest was 0.02. And the median was 0.93.

AAC's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs AAC: 0.83

Ares Acquisition Equity-to-Asset Historical Data

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

Ares Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.02 0.93 0.94

Ares Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.96 0.94 0.83 0.83

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

For the Shell Companies subindustry, Ares Acquisition'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 Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Ares Acquisition 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 Acquisition's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=952.326/1013.478
=

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

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=407.29/492.176
=

* 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 Acquisition  (NYSE:AAC) 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 Acquisition Equity-to-Asset Related Terms

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


Ares Acquisition (Ares Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ares Management LLC, 44th Floor, 245 Park Avenue, New York, NY, USA, 10167
Ares Acquisition Corp is a blank check company.
Executives
Kathryn V Marinello director CERIDIAN CORPORATION, 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Michael J Arougheti director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Chief Executive Officer 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Stephen Brown Davis director 1355 SANSOME STREET, SAN FRANCISCO CA 94111
Ares Acquisition Holdings Lp 10 percent owner C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Peter Ogilvie officer: See Remarks C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Allyson Satin officer: Chief Operating Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167