Ares Dynamic Credit Alloc... (ARDC)
Ares Dynamic Credit Allocation Fund Statistics
Share Statistics
Ares Dynamic Credit Allocation Fund has - shares outstanding. The number of shares has increased by 0% in one year.
| Shares Outstanding | - |
| Shares Change (YoY) | 0% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 27.18% |
| Shares Floating | 22.9M |
| Failed to Deliver (FTD) Shares | 4.75K |
| FTD / Avg. Volume | 5.27% |
Short Selling Information
The latest short interest is 24K, so 0.1% of the outstanding shares have been sold short.
| Short Interest | 24K |
| Short % of Shares Out | 0.1% |
| Short % of Float | 0.11% |
| Short Ratio (days to cover) | 0.24 |
Valuation Ratios
The PE ratio is 5.59 and the forward PE ratio is null. Ares Dynamic Credit Allocation Fund's PEG ratio is -0.03.
| PE Ratio | 5.59 |
| Forward PE | n/a |
| PS Ratio | 5.28 |
| Forward PS | null |
| PB Ratio | 0.95 |
| P/FCF Ratio | 6.81 |
| PEG Ratio | -0.03 |
Enterprise Valuation
Ares Dynamic Credit Allocation Fund Inc. has an Enterprise Value (EV) of 468.37M.
| EV / Earnings | 8.31 |
| EV / Sales | 7.85 |
| EV / EBITDA | 7.22 |
| EV / EBIT | 7.22 |
| EV / FCF | 10.13 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.49.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0.49 |
| Total Debt / Capitalization | 32.88 |
| Cash Flow / Debt | 0.28 |
| Interest Coverage | 8.4 |
Financial Efficiency
Return on equity (ROE) is 0.17% and return on capital (ROIC) is 13%.
| Return on Equity (ROE) | 0.17% |
| Return on Assets (ROA) | 0.11% |
| Return on Capital (ROIC) | 13% |
| Revenue Per Employee | $undefined |
| Profits Per Employee | $undefined |
| Employee Count | undefined |
| Asset Turnover | 0.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 524K |
| Effective Tax Rate | 0.01 |
Stock Price Statistics
The stock price has increased by 1.93% in the last 52 weeks. The beta is 0.74, so Ares Dynamic Credit Allocation Fund's price volatility has been higher than the market average.
| Beta | 0.74 |
| 52-Week Price Change | 1.93% |
| 50-Day Moving Average | 15.17 |
| 200-Day Moving Average | 15.08 |
| Relative Strength Index (RSI) | 21.69 |
| Average Volume (20 Days) | 90.21K |
Income Statement
In the last 12 months, Ares Dynamic Credit Allocation Fund had revenue of 59.7M and earned 56.35M in profits. Earnings per share was 2.46.
| Revenue | 59.7M |
| Gross Profit | 26.08M |
| Operating Income | 64.91M |
| Net Income | 56.35M |
| EBITDA | 64.91M |
| EBIT | 64.91M |
| Earnings Per Share (EPS) | 2.46 |
Balance Sheet
The company has 9.41M in cash and 162.7M in debt, giving a net cash position of -153.29M.
| Cash & Cash Equivalents | 9.41M |
| Total Debt | 162.7M |
| Net Cash | -153.29M |
| Retained Earnings | -107.66M |
| Total Assets | 548.11M |
| Working Capital | 0 |
Cash Flow
In the last 12 months, operating cash flow was 46.25M and capital expenditures 0, giving a free cash flow of 46.25M.
| Operating Cash Flow | 46.25M |
| Capital Expenditures | 0 |
| Free Cash Flow | 46.25M |
| FCF Per Share | 2.02 |
Margins
Gross margin is 43.68%, with operating and profit margins of 108.72% and 94.39%.
| Gross Margin | 43.68% |
| Operating Margin | 108.72% |
| Pretax Margin | 95.27% |
| Profit Margin | 94.39% |
| EBITDA Margin | 108.72% |
| EBIT Margin | 108.72% |
| FCF Margin | 77.47% |
Dividends & Yields
ARDC pays an annual dividend of $1.4, which amounts to a dividend yield of 9.3%.
| Dividend Per Share | $1.40 |
| Dividend Yield | 9.3% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 60.56% |
| Earnings Yield | 17.25% |
| FCF Yield | 14.16% |
Analyst Forecast
Currently there are no analyst rating for ARDC.
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
Scores
| Altman Z-Score | 1.04 |
| Piotroski F-Score | 5 |