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Ares Commercial Real Estate Corp
Previous close
$7.16
Day range
$7.10 - $7.24
Year range
$6.25 - $11.24
Market cap
388.34M USD
Avg Volume
438.83K
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 9.19M | -55.50% |
Operating expense | 9.31M | 41.00% |
Net income | -5.88M | -164.02% |
Net profit margin | -63.97 | -243.88% |
Earnings per share | 0.07 | -72.00% |
EBITDA | — | — |
Effective tax rate | 0.05% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 68.88M | 12.29% |
Total assets | 1.94B | -17.88% |
Total liabilities | 1.38B | -18.06% |
Total equity | 563.75M | — |
Shares outstanding | 54.48M | — |
Price to book | 0.69 | — |
Return on assets | -1.17% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | -5.88M | -164.02% |
Cash from operations | 8.43M | -37.75% |
Cash from investing | 121.52M | 354.83% |
Cash from financing | -128.26M | -170.34% |
Net change in cash | 1.70M | 102.08% |
Free cash flow | — | — |
About
Founded
2011
Headquarters
Website
Employees
2,800
