Ares Capital Corporation (ARCC)
Ares Capital Corporation Statistics
Share Statistics
Ares Capital Corporation has 671.48M shares outstanding. The number of shares has increased by 6.48% in one year.
| Shares Outstanding | 671.48M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 2.49% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 666.83M |
| Failed to Deliver (FTD) Shares | 15.01K |
| FTD / Avg. Volume | 0.32% |
Short Selling Information
The latest short interest is 18.00M, so 2.79% of the outstanding shares have been sold short.
| Short Interest | 18.00M |
| Short % of Shares Out | 2.79% |
| Short % of Float | 2.8% |
| Short Ratio (days to cover) | 3.56 |
Valuation Ratios
The PE ratio is 9.74 and the forward PE ratio is 10.66. Ares Capital Corporation's PEG ratio is -0.51.
| PE Ratio | 9.74 |
| Forward PE | 10.66 |
| PS Ratio | 5.61 |
| Forward PS | 3.9 |
| PB Ratio | 1.02 |
| P/FCF Ratio | -6.42 |
| PEG Ratio | -0.51 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Ares Capital Corporation.
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.
| Current Ratio | 1.07 |
| Quick Ratio | 1.07 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0 |
| Cash Flow / Debt | 0 |
| Interest Coverage | 3.63 |
Financial Efficiency
Return on equity (ROE) is 0.11% and return on capital (ROIC) is 17.1%.
| Return on Equity (ROE) | 0.11% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 17.1% |
| Revenue Per Employee | 2.03M |
| Profits Per Employee | 1.17M |
| Employee Count | 1.20K |
| Asset Turnover | 0.09 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 73.00M |
| Effective Tax Rate | 0.05 |
Stock Price Statistics
The stock price has increased by 16.06% in the last 52 weeks. The beta is 1.06, so Ares Capital Corporation's price volatility has been higher than the market average.
| Beta | 1.06 |
| 52-Week Price Change | 16.06% |
| 50-Day Moving Average | 22.5 |
| 200-Day Moving Average | 21.43 |
| Relative Strength Index (RSI) | 58.59 |
| Average Volume (20 Days) | 4.73M |
Income Statement
In the last 12 months, Ares Capital Corporation had revenue of 2.44B and earned 1.40B in profits. Earnings per share was 2.25.
| Revenue | 2.44B |
| Gross Profit | 2.44B |
| Operating Income | 2.39B |
| Net Income | 1.40B |
| EBITDA | 0 |
| EBIT | 2.39B |
| Earnings Per Share (EPS) | 2.25 |
Balance Sheet
The company has 635.00M in cash and 0 in debt, giving a net cash position of 635.00M.
| Cash & Cash Equivalents | 635.00M |
| Total Debt | 0 |
| Net Cash | 635.00M |
| Retained Earnings | 0 |
| Total Assets | 28.25B |
| Working Capital | 62.00M |
Cash Flow
In the last 12 months, operating cash flow was -2.13B and capital expenditures 0, giving a free cash flow of -2.13B.
| Operating Cash Flow | -2.13B |
| Capital Expenditures | 0 |
| Free Cash Flow | -2.13B |
| FCF Per Share | -3.41 |
Margins
Gross margin is 100%, with operating and profit margins of 98.23% and 57.59%.
| Gross Margin | 100% |
| Operating Margin | 98.23% |
| Pretax Margin | 65.48% |
| Profit Margin | 57.59% |
| EBITDA Margin | n/a |
| EBIT Margin | 98.23% |
| FCF Margin | -87.36% |
Dividends & Yields
ARCC pays an annual dividend of $1.92, which amounts to a dividend yield of 8.25%.
| Dividend Per Share | $1.92 |
| Dividend Yield | 8.25% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 78.69% |
| Earnings Yield | 9.64% |
| FCF Yield | -13.58% |
Analyst Forecast
The average price target for ARCC is $23, which is -1.5% lower than the current price. The consensus rating is "Buy".
| Price Target | $23 |
| Price Target Difference | -1.5% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
Scores
| Altman Z-Score | 0.93 |
| Piotroski F-Score | 4 |