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Ares Acquisition II (Ares Acquisition II) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is Ares Acquisition II Debt-to-Equity?

Ares Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Ares Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $5.00 Mil. Ares Acquisition II's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $509.07 Mil. Ares Acquisition II's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Acquisition II's Debt-to-Equity or its related term are showing as below:

AACT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 76.44
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Ares Acquisition II was 76.44. The lowest was 0.01. And the median was 0.01.

AACT's Debt-to-Equity is ranked better than
99.66% of 296 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs AACT: 0.01

Ares Acquisition II Debt-to-Equity Historical Data

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

Ares Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
28.00 51.78 0.01

Ares Acquisition II Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.44 0.01 0.01 0.01 0.01

Competitive Comparison of Ares Acquisition II's Debt-to-Equity

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

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

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


Ares Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ares Acquisition II'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
=(0 + 5) / 502.674
=0.01

Ares Acquisition II's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(0 + 5) / 509.068
=0.01

* 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 II  (NYSE:AACT) 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 Acquisition II Debt-to-Equity Related Terms

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Ares Acquisition II (Ares Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ares Acquisition Corp II (NYSE:AACT) » Definitions » Debt-to-Equity
Comparable Companies
ALCC GHIX DWAC SAGA AAC HCVI TRTL CCVI SLAM NETD PBAJ SVMB SCRM CVII LSE:ADMR CXAC NFNT APGB KCGI CNDA
Traded in Other Exchanges
N/A
Address
245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Website
https://www.aresacquisitioncorporationii.com
Ares Acquisition Corp II is a blank check company.
Executives
David G. Hirz director 600 CITADEL DRIVE, COMMERCE CA 90040
Brad Coleman director 90 FRANKLIN STREET, APT 9S, NEW YORK NY 10013
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
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
Ares Acquisition Holdings Ii Lp 10 percent owner C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167