Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ares Capital's share price for the quarter that ended in Sep. 2024 was $20.94. Ares Capital's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 646 Mil. Therefore, Ares Capital's market cap for the quarter that ended in Sep. 2024 was $13,527 Mil.
Ares Capital's quarterly market cap
increased
from Mar. 2024 ($12,654 Mil) to Jun. 2024 ($13,129 Mil) and
increased
from Jun. 2024 ($13,129 Mil) to Sep. 2024 ($13,527 Mil).
Ares Capital's annual market cap
declined
from Dec. 2021 ($9,917 Mil) to Dec. 2022 ($9,586 Mil) but then
increased
from Dec. 2022 ($9,586 Mil) to Dec. 2023 ($11,664 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ares Capital's Enterprise Value for Today is $27,074 Mil.
Ares Capital Market Cap Historical Data
The historical data trend for Ares Capital's Market Cap 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 Market Cap
For the Asset Management subindustry, Ares Capital's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ares Capital's Market Cap distribution charts can be found below:
* The bar in red indicates where Ares Capital's Market Cap falls into.
Ares Capital Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ares Capital's Market Cap 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.
Ares Capital (NAS:ARCC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ares Capital Market Cap Related Terms
Thank you for viewing the detailed overview of Ares Capital's Market Cap 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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