ARDC (Ares Dynamic Credit Allocation Fund) Scaled Net Operating Assets: 0.80 (As of Dec. 2025)


ARDC Ares Dynamic Credit Allocation Fund Inc ARDC
43 GF Score
Price $12.52
GF Value $8.66
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Ares Dynamic Credit Allocation Fund Scaled Net Operating Assets?

Ares Dynamic Credit Allocation Fund ARDC -0.24% 43 Scaled Net Operating Assets is 0.80 as of Dec. 2025. GuruFocus rates ARDC with a GF Score™ of 43/100 and a GF Value™ of $8.66 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ares Dynamic Credit Allocation Fund's operating assets for the quarter that ended in Dec. 2025 was $576.56 Mil. Ares Dynamic Credit Allocation Fund's operating liabilities for the quarter that ended in Dec. 2025 was $117.32 Mil. Ares Dynamic Credit Allocation Fund's Total Assets for the quarter that ended in Jun. 2025 was $573.39 Mil. Therefore, Ares Dynamic Credit Allocation Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.80.

ARDC
43GF Score
Ares Dynamic Credit Allocation Fund Inc ARDC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares Dynamic Credit Allocation Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ares Dynamic Credit Allocation Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(576.56-117.324)/577.209
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=584.072 - 7.512
=576.56

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=240.516 - 123.192 - 0
=117.324

Ares Dynamic Credit Allocation Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(576.56-117.324)/573.387
=0.80

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=584.072 - 7.512
=576.56

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=240.516 - 123.192 - 0
=117.324

* 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.

What does a Scaled Net Operating Assets of 0.80 mean?
Ares Dynamic Credit Allocation Fund (ARDC) has a Scaled Net Operating Assets of 0.80 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ares Dynamic Credit Allocation Fund and its competitors.
Is Ares Dynamic Credit Allocation Fund's Scaled Net Operating Assets too high?
Ares Dynamic Credit Allocation Fund's current Scaled Net Operating Assets is 0.80. Overall, Ares Dynamic Credit Allocation Fund has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Dynamic Credit Allocation Fund's Scaled Net Operating Assets compare to FUND and NCA?
Ares Dynamic Credit Allocation Fund's Scaled Net Operating Assets of 0.80 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ares Dynamic Credit Allocation Fund and its competitors. Ares Dynamic Credit Allocation Fund's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Dynamic Credit Allocation Fund stock overvalued right now?
Based on GuruFocus' analysis, Ares Dynamic Credit Allocation Fund (ARDC) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.66, compared to a current price of $12.52 — trading 44.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.80. Ares Dynamic Credit Allocation Fund's overall GF Score™ is 43/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Ares Dynamic Credit Allocation Fund (ARDC), the current Scaled Net Operating Assets is 0.80 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ares Dynamic Credit Allocation Fund (ARDC) Overvalued in 2026?

Based on GuruFocus' analysis, Ares Dynamic Credit Allocation Fund stock appears to be overvalued. The current stock price of $12.52 is trading 44.6% above its estimated GF Value™ of $8.66. GuruFocus considers Ares Dynamic Credit Allocation Fund to be Significantly Overvalued.

Key valuation signals for ARDC:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: $8.66 vs. price of $12.52 (44.6% above fair value)
  • GF Score™: 43/100 with 8 warning signs

No single metric tells the full story. See the ARDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ares Dynamic Credit Allocation Fund Business Description

Address 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA, USA, 90067
Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified, management investment company. The Fund's investment objective is to seek an attractive risk adjusted level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of (i) senior secured loans, (ii) corporate bonds, (iii) other fixed-income instruments, and (iv) securities issued by entities commonly referred to as collateralized loan obligations and other asset-backed securities.
43GF Score

Get the complete analysis for ARDC

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.52
Price
$8.66
GF Value