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Ares Management Corporation  (ARES)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial

Ares Management's Quick Ratio

ARES's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 1.21 below Ares Management's average Quick Ratio.

Within Investment Services industry 22 other companies have achieved higher Quick Ratio than Ares Management in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 891, from total ranking in the third quarter 2023 at 1100.

Explain Quick Ratio?
How much Cash & cash equivalents ARES´s has?
What are ARES´s Current Liabilities?


ARES Quick 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 Cash & cash equivalent Change - -47.59 % -55.49 % -49.12 % -
Quick Ratio MRQ 1.21 2.45 3.24 3.53 -
ARES's Total Ranking # 891 # 1100 # 1007 # 1008 #
Seq. Current Liabilities Change -20.43 % 43.95 % 17.12 % - -
Seq. Cash & cash equivalent Change -60.66 % 9.01 % 7.58 % - -



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Investment Services Industry # 23
Financial Sector # 149
Overall Market # 890


Quick Ratio Statistics
High Average Low
17.34 4.28 0.63
(Mar 31 2021)   (Sep 30 2014)




Financial Statements
Ares Management's Current Liabilities $ 287 Millions Visit ARES's Balance sheet
Ares Management's Cash & cash equivalent $ 348 Millions Visit ARES's Balance sheet
Source of ARES's Sales Visit ARES's Sales by Geography


Cumulative Ares Management's Quick Ratio

ARES's Quick Ratio for the trailling 12 Months

ARES Quick 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 Cash & cash equivalent TTM Growth - -47.59 % -55.49 % -49.12 % -
Quick Ratio TTM 2.52 2.97 3.07 3.52 3.89
Total Ranking TTM # 378 # 837 # 523 # 699 # 0
Seq. Current Liabilities TTM Growth -20.43 % 43.95 % 17.12 % - -
Seq. Cash & cash equivalent TTM Growth -60.66 % 9.01 % 7.58 % - -


On the trailing twelve months basis Due to decline in Current Liabilities in the IV Quarter 2023 to $287.26 millions, cumulative Quick Ratio decreased to 2.52 below the Ares Management Corporation average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Investment Services industry 22 other companies have achieved higher Quick Ratio than Ares Management. While Quick Ratio overall ranking has improved so far to 378, from total ranking during the twelve months ending third quarter 2023 at 837.

Explain Quick Ratio?
How much Cash & cash equivalents ARES´s has?
What are ARES´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Investment Services Industry # 23
Financial Sector # 149
Within the Market # 378


trailing twelve months Quick Ratio Statistics
High Average Low
17.34 4.28 0.63
(Mar 31 2021)   (Sep 30 2014)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Investment Services Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Cohen and Steers Inc   2.61 $ 187.442  Millions$ 71.698  Millions
Sei Investments Company  2.37 $ 834.998  Millions$ 353.047  Millions
Value Line Inc  2.36 $ 51.929  Millions$ 22.039  Millions
Janus Henderson Group Plc  2.36 $ 1,486.600  Millions$ 631.000  Millions
Evercore Inc   2.23 $ 2,033.761  Millions$ 910.059  Millions
Affiliated Managers Group inc   2.03 $ 1,274.600  Millions$ 628.500  Millions
Federated Hermes Inc   1.58 $ 453.723  Millions$ 287.343  Millions
Blackstone Inc  1.30 $ 2,955.866  Millions$ 2,277.258  Millions
Lazard Inc   1.24 $ 971.316  Millions$ 781.375  Millions
Jefferies Financial Group Inc   1.24 $ 15,727.254  Millions$ 12,673.292  Millions
Ares Management Corporation  1.21 $ 348.274  Millions$ 287.259  Millions
Invesco Ltd   1.14 $ 1,469.200  Millions$ 1,294.400  Millions
The Goldman Sachs Group Inc   1.03 $ 918,507.000  Millions$ 891,853.000  Millions
Intercontinental Exchange Inc   0.95 $ 80,410.000  Millions$ 84,626.000  Millions
Cme Group Inc   0.94 $ 3,023.700  Millions$ 3,224.400  Millions
Freedom Holding Corp   0.82 $ 4,242.336  Millions$ 5,164.926  Millions
Hamilton Lane Inc  0.70 $ 164.450  Millions$ 235.179  Millions
Virtu Financial inc   0.59 $ 2,542.876  Millions$ 4,316.381  Millions
Digitalbridge Group Inc   0.51 $ 345.335  Millions$ 681.451  Millions
Franklin Resources Inc   0.48 $ 552.200  Millions$ 1,153.900  Millions
Morgan Stanley  0.46 $ 210,323.000  Millions$ 455,261.000  Millions
Gcm Grosvenor Inc   0.45 $ 44.354  Millions$ 98.561  Millions
Morningstar inc   0.44 $ 389.000  Millions$ 880.800  Millions
Cboe Global Markets Inc   0.43 $ 600.700  Millions$ 1,383.400  Millions
Alti Global Inc   0.42 $ 15.348  Millions$ 36.804  Millions
Cohen and Co Inc   0.37 $ 191.978  Millions$ 519.288  Millions
Blue Owl Capital Inc   0.28 $ 104.160  Millions$ 370.726  Millions
Stepstone Group Inc   0.25 $ 33.589  Millions$ 131.735  Millions

Date modified: 2024-02-27T17:32:38+00:00



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