ARCC - Ares Capital Corporation
NASDAQ
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Financial Services
->
Asset Management
New York,
United States
Type: Equity
ARCC price evolution
ARCC
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $681 | $577 | $564 | |
| Short term investments | ||||
| Net receivables | $382 | $46 | $213 | $16 |
| Inventory | ||||
| Total current assets | $868 | $932 | $973 | $796 |
| Long term investments | ||||
| Property, plant & equipment | $7 | $8 | $9 | $10 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $24973 | $23124 | $22874 | |
| Total assets | $27100 | $26092 | $24256 | $23800 |
| Current liabilities | ||||
| Accounts payable | $780 | $721 | $640 | $664 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $793 | $735 | $655 | $681 |
| Long term debt | $13534 | $12993 | $11729 | $11918 |
| Total noncurrent liabilities | ||||
| Total debt | $13007 | $11744 | $11935 | |
| Total liabilities | $14327 | $13728 | $12384 | $12599 |
| Shareholders' equity | ||||
| Retained earnings | $728 | $642 | $620 | $462 |
| Other shareholder equity | ||||
| Total shareholder equity | $12364 | $11872 | $11201 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $564 | $337 | $486 | $326 |
| Short term investments | ||||
| Net receivables | $16 | $180 | $80 | $111 |
| Inventory | ||||
| Total current assets | $796 | $483 | $594 | $549 |
| Long term investments | $15515 | |||
| Property, plant & equipment | $10 | $20 | $27 | $38 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $22874 | $21780 | $20009 | $15515 |
| Total assets | $23800 | $22398 | $20843 | $16196 |
| Current liabilities | ||||
| Accounts payable | $664 | $523 | $838 | $470 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $681 | $554 | $881 | $470 |
| Long term debt | $11918 | $12289 | $11094 | $8491 |
| Total noncurrent liabilities | $8550 | |||
| Total debt | $11935 | $12320 | $11137 | $8550 |
| Total liabilities | $12599 | $12843 | $11975 | $9020 |
| Shareholders' equity | ||||
| Retained earnings | $462 | -$2 | $315 | -$480 |
| Other shareholder equity | -$0.47 | -$480 | ||
| Total shareholder equity | $11201 | $9555 | $8868 | $7176 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $775 | $755 | $701 | $707 |
| Cost of revenue | $171 | $200 | $187 | |
| Gross Profit | $385 | $584 | $501 | $520 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $11 | $10 | $9 | |
| Total operating expenses | $12 | $11 | $10 | $9 |
| Operating income | $573 | $491 | $511 | |
| Income from continuing operations | ||||
| EBIT | $537 | $615 | $579 | |
| Income tax expense | $12 | $41 | $7 | $9 |
| Interest expense | $33 | $174 | $159 | $157 |
| Net income | ||||
| Net income | $394 | $322 | $449 | $413 |
| Income (for common shares) | $322 | $449 | $413 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2614 | $2096 | $1820 | $1511 |
| Cost of revenue | $704 | $456 | $639 | $343 |
| Gross Profit | $1910 | $1640 | $1181 | $1168 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $42 | $38 | $39 | $38 |
| Total operating expenses | $42 | $38 | $39 | $38 |
| Operating income | $1868 | $1602 | $1142 | $1130 |
| Income from continuing operations | ||||
| EBIT | $2124 | $1110 | $1968 | $820 |
| Income tax expense | $20 | $55 | $29 | $19 |
| Interest expense | $582 | $455 | $372 | $317 |
| Net income | ||||
| Net income | $1522 | $600 | $1567 | $484 |
| Income (for common shares) | $1522 | $600 | $1567 | $484 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $322 | $449 | $413 | |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$1318 | -$21 | -$359 | |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | ||||
| Financing activities | ||||
| Dividends paid | -$836 | -$279 | -$270 | -$263 |
| Sale and purchase of stock | $449 | $85 | $236 | |
| Net borrowings | $1252 | $219 | $345 | |
| Total cash flows from financing | $1920 | $1422 | $34 | $318 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $60 | $104 | $13 | -$41 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $1522 | $600 | $1567 | $484 |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $511 | -$1359 | -$2459 | -$557 |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | ||||
| Financing activities | ||||
| Dividends paid | -$1031 | -$912 | -$694 | -$679 |
| Sale and purchase of stock | $1155 | $1001 | $819 | -$96 |
| Net borrowings | -$408 | $1121 | $2494 | $1482 |
| Total cash flows from financing | -$284 | $1210 | $2619 | $707 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $227 | -$149 | $160 | $150 |
News
Fundamentals
| Market cap | $13.81B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 646.00M |
| Revenue | $2.94B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $1.58B |
| Revenue Q/Q | 18.32% |
| Revenue Y/Y | 15.35% |
| P/E ratio | 8.75 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 4.70 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $2.44 |
|---|---|
| ROA | 6.23% |
| ROE | N/A |
| Debt/Equity | 1.12 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.09 |
| Quick ratio | N/A |