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Ares Commercial Real Estate Corp
Previous close
$6.93
Day range
$6.88 - $7.05
Year range
$6.36 - $11.24
Market cap
380.41M USD
Avg Volume
589.37K
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | -29.90M | -371.65% |
Operating expense | 8.60M | 9.86% |
Net income | -39.41M | -1,454.40% |
Net profit margin | 131.82 | 398.56% |
Earnings per share | 0.20 | -54.55% |
EBITDA | — | — |
Effective tax rate | 0.22% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 110.46M | -25.29% |
Total assets | 2.28B | -9.64% |
Total liabilities | 1.65B | -6.85% |
Total equity | 625.85M | — |
Shares outstanding | 54.39M | — |
Price to book | 0.60 | — |
Return on assets | -6.79% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | -39.41M | -1,454.40% |
Cash from operations | 10.09M | -33.15% |
Cash from investing | 85.85M | -66.61% |
Cash from financing | -46.49M | 77.67% |
Net change in cash | 49.44M | -22.72% |
Free cash flow | — | — |
About
Founded
2011
Headquarters
Website
Employees
2,800