ARCC - Ares Capital Corporation
NASDAQ
->
Financial Services
->
Asset Management
New York,
United States
Type: Equity
ARCC price evolution
ARCC
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $577 | $564 | $605 | $453 |
| Short term investments | ||||
| Net receivables | $213 | $16 | $44 | $5 |
| Inventory | ||||
| Total current assets | $796 | $786 | $597 | |
| Long term investments | ||||
| Property, plant & equipment | $9 | $10 | $13 | $15 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $23124 | $22874 | $21929 | $21496 |
| Total assets | $24256 | $23800 | $22920 | $22231 |
| Current liabilities | ||||
| Accounts payable | $640 | $664 | $534 | $447 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $681 | $554 | $471 | |
| Long term debt | $11918 | $11551 | $11406 | |
| Total noncurrent liabilities | ||||
| Total debt | $11744 | $11935 | $11571 | $11430 |
| Total liabilities | $12384 | $12599 | $12105 | $11877 |
| Shareholders' equity | ||||
| Retained earnings | $620 | $462 | $309 | $80 |
| Other shareholder equity | ||||
| Total shareholder equity | $11872 | $11201 | $10815 | $10354 |
| (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 $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $701 | $707 | $655 | $634 |
| Cost of revenue | $200 | $187 | $206 | $162 |
| Gross Profit | $501 | $520 | $449 | $472 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $10 | $9 | $12 | $11 |
| Total operating expenses | $10 | $9 | $12 | $11 |
| Operating income | $491 | $511 | $437 | $461 |
| Income from continuing operations | ||||
| EBIT | $615 | $579 | $648 | $478 |
| Income tax expense | $7 | $9 | $3 | $6 |
| Interest expense | $159 | $157 | $145 | $141 |
| Net income | ||||
| Net income | $449 | $413 | $500 | $331 |
| Income (for common shares) | $449 | $413 | $500 | $331 |
| (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 $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $449 | $413 | $500 | $331 |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$21 | -$359 | $46 | -$48 |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | ||||
| Financing activities | ||||
| Dividends paid | -$270 | -$263 | -$254 | -$253 |
| Sale and purchase of stock | $85 | $236 | $215 | $227 |
| Net borrowings | $219 | $345 | $145 | $150 |
| Total cash flows from financing | $34 | $318 | $106 | $124 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $13 | -$41 | $152 | $76 |
| (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 | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $2.70B |
|---|---|
| EBITDA | $2.32B |
| EBIT | $2.32B |
| Net Income | $1.69B |
| Revenue Q/Q | 13.43% |
| Revenue Y/Y | 18.60% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | 7.27% |
| ROE | 15.31% |
| Debt/Equity | 1.12 |
|---|---|
| Net debt/EBITDA | 5.09 |
| Current ratio | N/A |
| Quick ratio | N/A |