What is Ares Management Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ares Management's interest expense for the
three
months ended in Dec. 2023 was $ -243 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-925 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ares Management's Operating Income for the
three
months ended in Dec. 2023 was $ 720 Mil. Ares Management's Interest Expense for the
three
months ended in Dec. 2023 was $ -243 Mil.
Ares Management's Interest Coverage for the quarter that ended in Dec. 2023 was 2.96.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Ares Management Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-925 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ares Management (NYSE:ARES) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Ares Management's Interest Expense for the
three
months ended in Dec. 2023 was $-243 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $720 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $15,631 Mil.
Ares Management's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
Ares Management (Ares Management) Business Description
Traded in Other Exchanges
Address
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067
Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.
Executives
| Michael J Arougheti |
director, officer: Co-Founder & President |
2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Bennett Rosenthal |
director, officer: Co-Founder & Senior Partner |
2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| David B Kaplan |
director, officer: Co-Founder & Senior Partner |
1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067 |
| Ryan Berry |
officer: Ptr, Chief Mktg. & Strat. Off. |
C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| R. Kipp Deveer |
officer: Partner |
245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167 |
| Ashish Bhutani |
director |
|
| Judy D. Olian |
director |
2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067 |
| Aghili Naseem Sagati |
officer: General Counsel |
2000 AVENUE OF THE STARS, LOS ANGELES CA 90067 |
| Bush Antoinette Cook |
director |
NORTHPOINT TECHNOLOGY, 444 N CAPITOL STREET NW STE 645, WASHINGTON DC 20001 |
| Antony P Ressler |
director, officer: Chairman, CEO, Co-Founder |
1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067 |
| Eileen Naughton |
director |
C/O GOOGLE INC., 76 NINTH AVENUE, 4TH FLOOR, NEW YORK NY 10011 |
| Ares Management Corp |
officer: Chief Financial Officer |
2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067 |
| Jarrod Phillips |
officer: Chief Financial Officer |
C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167 |
| Michael R Mcferran |
officer: EVP, CFO & Treasurer |
555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104 |
| Michael D Weiner |
officer: EVP, CLO & Secretary |
10250 CONSTELLATION BLVD, SUITE 2900, LOS ANGELES CA 90067-6229 |
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