Ares Commercial Real Estate
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Ares Commercial Real Estate generated cash of $46,789,000, which is less than the previous year. Cash used in financing activities reached the amount of -$205,068,000 last year. Net change in cash is therefore -$30,819,000.
Cash Flow
| 2014 | -222.91M | -433.08M | 652.44M |
|---|---|---|---|
| 2015 | 275.51M | 258.33M | -541.41M |
| 2016 | 8.53M | -43.32M | 73.05M |
| 2017 | 31.27M | -405.76M | 355.56M |
| 2018 | 39.21M | 157.92M | -214.39M |
| 2019 | 32.45M | -174.42M | 136.14M |
| 2020 | 31.76M | -81.86M | 119.24M |
| 2021 | 48.35M | -699.68M | 627.17M |
| 2022 | 57.15M | 193.17M | -159.66M |
| 2023 | 46.78M | 127.46M | -205.06M |
ACRE Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 141.27M | 50.61M | 74.77M | 5.63M | 11.46M | 28.72M | 47.27M | 8.99M | 16.55M | 20.1M |
Operating activities | ||||||||||
Net income | -38.86M | 29.78M | 60.46M | 21.84M | 36.99M | 38.59M | 30.43M | 34.67M | 43.32M | 24.61M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | -1.02M | 9.89M | 892K | 667K | 5.72M | 7.60M | 167K | 219K | 160K |
Stock-based compensation expense | 3.99M | 2.87M | 1.94M | 1.33M | 1.88M | 1.10M | 581K | 312K | 835K | 939K |
| Deferred income tax benefit | 3.99M | 2.87M | 1.94M | 1.33M | 1.88M | 1.10M | 581K | 312K | 835K | 939K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 1.42M | 1.00M | 389K | -402K | 535K | -71K | 380K | -77K | 0 |
Cash generated by operating activities | 46.78M | 57.15M | 48.35M | 31.76M | 32.45M | 39.21M | 31.27M | 8.53M | 275.51M | -222.91M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -27.87M | -150K | -274K | -1.68M | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | -144K | -274K | -1.68M | 0 | 0 | -354K | -604K | -3.09M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 89.98M | 0 | 0 |
Cash generated by investing activities | 127.46M | 193.17M | -699.68M | -81.86M | -174.42M | 157.92M | -405.76M | -43.32M | 258.33M | -433.08M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 106.26M | 204.77M | 72.93M | 0 | 0 | 0 | 2.23B | 0 | 0 |
Payments for dividends | -75.95M | -71.80M | -58.42M | -42.76M | -37.48M | -32.08M | -30.53M | -29.4M | -28.59M | -28.57M |
Repurchases of common stock | -4.6M | 0 | 1.61B | 0 | 0 | 0 | 0 | -1.43M | 0 | 0 |
Repayments of term debt | -120.46M | -189.49M | -1.12B | -94.14M | 179.44M | -822.22M | 405.17M | -2.08B | -472.86M | -1.38B |
Cash used in financing activities | -205.06M | -159.66M | 627.17M | 119.24M | 136.14M | -214.39M | 355.56M | 73.05M | -541.41M | 652.44M |
Net Change In Cash | -30.81M | 90.66M | -24.16M | 69.14M | -5.83M | -17.25M | -18.92M | 38.27M | -7.55M | -3.54M |
Cash at end of period | 110.45M | 141.27M | 50.61M | 74.77M | 5.63M | 11.46M | 28.34M | 47.27M | 8.99M | 16.55M |
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