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Ares Commercial Real Estate Corp
Previous close
$7.02
Day range
$6.67 - $7.05
Year range
$6.67 - $11.24
Market cap
366.81M USD
Avg Volume
643.91K
Primary exchange
NYSE
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 | 0.61 | — |
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
