|
Ares Management Corporation (ARES) |
|
|
|
Ares Management's Working Capital Ratio
ARES's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Current Liabilities decreased faster than Ares Management's Current Assets, this led to improvement in Ares Management's Working Capital Ratio to 6.15, above Ares Management Corporation average Working Capital Ratio.
Within Investment Services industry 13 other companies have achieved higher Working Capital Ratio than Ares Management in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 413, from total ranking in the third quarter 2023 at 901.
Explain Working Capital Ratio
How much in Current Assets ARES´s has?
What is the value of ARES´s Current Liabilities?
Select the Comparisons :
|
|
Select the Ratio:
|
|
ARES Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities Change |
- |
-39.36 % |
-38.05 % |
-24.89 % |
- |
Y / Y Current Assets Change |
- |
12 % |
-0.4 % |
-15.77 % |
- |
Working Capital Ratio MRQ |
6.15 |
5.26 |
7.28 |
5.84 |
- |
ARES's Total
Ranking |
# 413 |
# 901 |
# 720 |
# 970 |
# |
Seq. Current Liabilities Change |
-20.43 % |
43.95 % |
17.12 % |
- |
- |
Seq. Current Assets Change |
-6.97 % |
4.16 % |
45.88 % |
- |
- |
Working Capital Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Investment Services Industry |
# 14 |
Financial Sector |
# 93 |
Overall Market |
# 413 |
Working Capital Ratio Statistics |
High |
Average |
Low |
18.56 |
5.99 |
0.99 |
(Dec 31 2019) |
|
(Sep 30 2019) |
Cumulative Ares Management's Working Capital Ratio
ARES's Working Capital Ratio for the trailling 12 Months
ARES Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities TTM Growth |
- |
-39.36 % |
-38.05 % |
-24.89 % |
- |
Y / Y Current Assets TTM Growth |
- |
12 % |
-0.4 % |
-15.77 % |
- |
Working Capital Ratio TTM |
6.06 |
6.02 |
4.5 |
3.94 |
3.9 |
Total
Ranking TTM |
# 154
| # 632
| # 318
| # 630
| # 0
|
Seq. Current Liabilities TTM Growth |
-20.43 % |
43.95 % |
17.12 % |
- |
- |
Seq. Current Assets TTM Growth |
-6.97 % |
4.16 % |
45.88 % |
- |
- |
On the trailing twelve months basis ARES Current Assets decreased by -6.97 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Ares Management's Working Capital Ratio to 6.06, above ARES average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Investment Services industry 13 other companies have achieved higher Working Capital Ratio than Ares Management. While Working Capital Ratio overall ranking has improved so far to 154, from total ranking during the twelve months ending third quarter 2023 at 632.
Explain Working Capital Ratio
How much in Current Assets ARES´s has?
What is the value of ARES´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Investment Services Industry |
# 14 |
Financial Sector |
# 93 |
Within the Market |
# 154 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
18.56 |
5.99 |
0.99 |
(Dec 31 2019) |
|
(Sep 30 2019) |
Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Investment Services Industry | Working Capital Ratio | Dec 31 2023 MRQ Current Assets | Dec 31 2023 MRQ Current Liabilities | Bridge Investment Group Holdings Inc | 14.17 | $ 179.743 Millions | $ 12.684 Millions | Price T Rowe Group Inc | 9.36 | $ 2,874.500 Millions | $ 307.000 Millions | Virtus Investment Partners Inc | 9.00 | $ 348.678 Millions | $ 38.756 Millions | Tradeweb Markets Inc | 8.73 | $ 2,124.644 Millions | $ 243.442 Millions | Houlihan Lokey Inc | 7.41 | $ 743.654 Millions | $ 100.319 Millions | Piper Sandler Companies | 6.84 | $ 212.004 Millions | $ 30.979 Millions | Forge Global Holdings Inc | 6.74 | $ 163.104 Millions | $ 24.212 Millions | Carlyle Group Inc | 6.39 | $ 2,131.900 Millions | $ 333.800 Millions | Tpg Inc | 6.31 | $ 1,084.165 Millions | $ 171.796 Millions | Ares Management Corporation | 6.15 | $ 1,768.058 Millions | $ 287.259 Millions | Sei Investments Company | 4.19 | $ 1,478.116 Millions | $ 353.047 Millions | Janus Henderson Group Plc | 3.89 | $ 2,455.600 Millions | $ 631.000 Millions | Brightsphere Investment Group Inc | 3.51 | $ 146.800 Millions | $ 41.800 Millions | Blackstone Inc | 3.34 | $ 7,615.752 Millions | $ 2,277.258 Millions | Value Line Inc | 3.16 | $ 69.697 Millions | $ 22.039 Millions | Evercore Inc | 2.86 | $ 2,605.217 Millions | $ 910.059 Millions | Cohen and Steers Inc | 2.68 | $ 192.119 Millions | $ 71.698 Millions | Affiliated Managers Group inc | 2.61 | $ 1,643.000 Millions | $ 628.500 Millions | Federated Hermes Inc | 2.51 | $ 720.729 Millions | $ 287.343 Millions | Lazard Inc | 2.22 | $ 1,733.635 Millions | $ 781.375 Millions | Jefferies Financial Group Inc | 2.02 | $ 25,604.007 Millions | $ 12,673.292 Millions | Alti Global Inc | 1.96 | $ 71.982 Millions | $ 36.804 Millions | Franklin Resources Inc | 1.75 | $ 2,021.800 Millions | $ 1,153.900 Millions | Invesco Ltd | 1.68 | $ 2,170.700 Millions | $ 1,294.400 Millions | Cboe Global Markets Inc | 1.43 | $ 1,979.300 Millions | $ 1,383.400 Millions | Cohen and Co Inc | 1.29 | $ 667.959 Millions | $ 519.288 Millions | Blue Owl Capital Inc | 1.27 | $ 471.296 Millions | $ 370.726 Millions | Robinhood Markets Inc | 1.24 | $ 31,790.000 Millions | $ 25,545.000 Millions | The Goldman Sachs Group Inc | 1.24 | $ 1,101,865.000 Millions | $ 891,853.000 Millions |
|