Ares Dynamic Credit Allocation Fund
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Ares Dynamic Credit Allocation Fund's balance sheet done over the years? Its assets were worth $524,592,999 last year, which is more than in the previous period. 37% of Ares Dynamic Credit Allocation Fund’s total assets is currently financed by debt. Its liabilities reached the amount of $192,478,000, which means an increase by 0% compared compared to last year.
Debt to Assets
| 2017 | 608535815 | 195.14M | 32.07% |
|---|---|---|---|
| 2018 | 590696684 | 188.74M | 31.95% |
| 2019 | 572701481 | 182.60M | 31.88% |
| 2020 | 556122559 | 186.14M | 33.47% |
| 2021 | 632514000 | 252.21M | 39.87% |
| 2022 | 498683000 | 191.87M | 38.48% |
| 2023 | 524592999 | 192.47M | 36.69% |
ARDC Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 9.40M | 6.40M | 2.78M | 2.64M | 4.19M | 6.45M | 6.13M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 7.68M | 13.08M | 19.53M | 17.65M | 15.22M | 12.14M | 16.47M |
Inventory | 0 | 20.28M | 25.83M | 26.46M | 19.15M | 0 | 22.75M |
Other current assets | -17.09M | -20.28M | -25.83M | -26.46M | -19.15M | 0 | -22.75M |
Total current assets | 0 | 19.48M | 22.31M | 20.29M | 19.41M | 18.60M | 22.60M |
Non-current assets: | |||||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 507.47M | 479.07M | 610.09M | 535.49M | 552.89M | 572.09M | 585.86M |
Other non-current assets | -507.47M | -479.07M | -610.09M | -535.49M | -552.89M | -572.09M | -585.86M |
Total non-current assets | 0 | 479.07M | 610.09M | 535.49M | 552.89M | 572.09M | 585.86M |
Total assets | 524.59M | 498.68M | 632.51M | 556.12M | 572.70M | 590.69M | 608.53M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | -146.62M |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 170.16M |
Total current liabilities | 28.30M | 22.64M | 31.86M | 22.58M | 18.14M | 23.53M | 23.53M |
| Non-current liabilities: | |||||||
Long term debt | 162.70M | 68.76M | 118.87M | 162.59M | 163.31M | 165.20M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -46.11M | -118.87M | -162.59M | -163.31M | -2 | 0 |
Total non-current liabilities | 162.70M | 22.64M | 118.87M | 162.59M | 163.31M | 165.20M | 170.16M |
Total liabilities | 192.47M | 191.87M | 252.21M | 186.14M | 182.60M | 188.74M | 195.14M |