Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 21.01M | -15.23M | 1.10M | 109.05M | 102.07M | 78.69M |
Gross Profit | 13.95M | -15.23M | -93.24M | 56.48M | 83.51M | 40.38M |
EBITDA | 7.30M | 0.00 | 0.00 | 95.22M | 61.18M | 0.00 |
Net Income | -18.23M | -34.99M | -38.87M | 29.79M | 60.46M | 21.84M |
Balance Sheet | ||||||
Total Assets | 1.44B | 1.75B | 2.28B | 2.52B | 2.63B | 1.93B |
Cash, Cash Equivalents and Short-Term Investments | 97.79M | 72.48M | 138.52M | 169.21M | 50.62M | 0.00 |
Total Debt | 888.21M | 1.17B | 1.62B | 1.74B | 1.08B | 1.33B |
Total Liabilities | 914.94M | 1.21B | 1.65B | 1.78B | 1.95B | 1.46B |
Stockholders Equity | 523.70M | 540.13M | 625.85M | 747.54M | 678.63M | 473.01M |
Cash Flow | ||||||
Free Cash Flow | 28.04M | 35.55M | 46.79M | 57.16M | 48.21M | 31.49M |
Operating Cash Flow | 28.39M | 35.55M | 46.79M | 57.16M | 48.35M | 31.76M |
Investing Cash Flow | 619.19M | 427.91M | 127.46M | 193.17M | -699.68M | -81.87M |
Financing Cash Flow | -624.10M | -507.63M | -205.07M | -159.67M | 627.17M | 119.25M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
67 Neutral | $237.68M | 8.67 | 8.66% | 10.22% | 22.45% | -44.01% | |
66 Neutral | $160.50M | 10.31 | 5.71% | 12.48% | -16.74% | -32.89% | |
63 Neutral | $6.95B | 13.72 | -0.50% | 6.99% | 4.08% | -25.24% | |
63 Neutral | $227.20M | 6.18 | 14.91% | 12.90% | 75.08% | -21.03% | |
61 Neutral | $214.46M | 15.03 | 6.89% | 16.84% | 271.03% | 31.81% | |
61 Neutral | $263.17M | 6.05 | 21.74% | 13.32% | 25.17% | ― | |
48 Neutral | $257.98M | ― | -3.30% | 16.33% | -27.60% | 62.75% |
Ares Commercial Real Estate Corporation reported a GAAP net loss of $10.7 million for the fourth quarter of 2024 and $35.0 million for the full year. In response to the financial results and a more flexible balance sheet, the company has reduced its quarterly dividend to $0.15 per share for the first quarter of 2025. Additionally, the company has improved its liquidity position by collecting $166 million in repayments, increasing available capital to over $200 million. This increase is intended to enhance the company’s ability to address underperforming loans and optimize financial outcomes. Ares has also made progress in resolving risk-rated loans, reducing them by 34% over the past year.