Ares Capital Corporation

Ares Capital Corporationverified

ARCC

Price:

$20.52

Market Cap:

$12.94B

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New Y...[Read more]

Industry

Asset Management

IPO Date

2004-10-05

Stock Exchange

NASDAQ

Ticker

ARCC

The Current Ratio as of September 2024 (TTM) for Ares Capital Corporation (ARCC) is 0.79

According to Ares Capital Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.79. This represents a change of -92.47% compared to the average of 10.46 of the last 4 quarters.

Ares Capital Corporation (ARCC) Historical Current Ratio (quarterly & annually)

How has ARCC Current Ratio performed in the past?

The mean historical Current Ratio of Ares Capital Corporation over the last ten years is 634.49. The current 0.79 Current Ratio has changed -87.59% with respect to the historical average. Over the past ten years (40 quarters), ARCC's Current Ratio was at its highest in in the December 2015 quarter at 3.53K. The Current Ratio was at its lowest in in the June 2024 quarter at 0.79.

Quarterly (TTM)
Annual

Average

634.49

Median

2.24

Minimum

1.39

Maximum

3.53K

Ares Capital Corporation (ARCC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ares Capital Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.69%

Maximum Annual Current Ratio = 3.53K

Minimum Annual Increase = -99.91%

Minimum Annual Current Ratio = 1.39

Quarterly (TTM)
Annual
YearCurrent RatioChange
202345.882.69%
20221.6418.10%
20211.39-41.09%
20202.3643.07%
20191.65-22.23%
20182.1227.13%
20171.67-49.17%
20163.28-99.91%
20153.53K28.09%
20142.76K12.37%

Ares Capital Corporation (ARCC) Average Current Ratio

How has ARCC Current Ratio performed in the past?

The current Current Ratio of Ares Capital Corporation (ARCC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

16.31

5-year avg

10.59

10-year avg

634.49

Ares Capital Corporation (ARCC) Current Ratio vs. Peers

How is ARCC’s Current Ratio compared to its peers?

Ares Capital Corporation’s Current Ratio is less than TriplePoint Venture Growth BDC Corp. (3.68), greater than Sixth Street Specialty Lending, Inc. (0.18), greater than Main Street Capital Corporation (0.03), less than Capital Southwest Corporation (131.85), greater than Gladstone Investment Corporation (0.30), less than PennantPark Floating Rate Capital Ltd. (2.32), greater than Prospect Capital Corporation (0.55), less than Hercules Capital, Inc. (3.13), less than Gladstone Capital Corporation (1.22), less than Horizon Technology Finance Corporation (6.38), greater than Stellus Capital Investment Corporation (0.44), less than Carlyle Secured Lending, Inc. (2.83),

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