Ares Management (STU:0QN) LT-Debt-to-Total-Asset : 0.63 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Ares Management LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ares Management's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.63.

Ares Management's long-term debt to total assets ratio increased from Dec. 2022 (0.60) to Dec. 2023 (0.63). It may suggest that Ares Management is progressively becoming more dependent on debt to grow their business.

Ares Management LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ares Management's LT-Debt-to-Total-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 Management LT-Debt-to-Total-Asset Chart

Ares Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.70

0.71

0.57

0.60

0.63

Ares Management Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.61	0.61	0.61	0.63	-

Ares Management LT-Debt-to-Total-Asset Calculation

Ares Management's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	14333.36	/	22677.868
	=	0.63

Ares Management's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	14333.36	/	22677.868
	=	0.63

Ares Management (STU:0QN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ares Management LT-Debt-to-Total-Asset Related Terms

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

Ares Management (STU:0QN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ares Management Corp (STU:0QN) » Definitions » LT-Debt-to-Total-Asset

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.

Ares Management (STU:0QN) Headlines

No Headlines