Ares Dynamic Credit Allocation Fund
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 Dynamic Credit Allocation Fund generated cash of $46,249,000, which is less than the previous year. Cash used in financing activities reached the amount of -$36,584,000 last year. Net change in cash is therefore $2,206,000.
Cash Flow
| 2016 | 29.99M | 10.59M | -37.47M |
|---|---|---|---|
| 2017 | 24.92M | 7.18M | -26.23M |
| 2018 | 34.52M | -1.07M | -33.75M |
| 2019 | 10.96M | -6.80M | -11.12M |
| 2020 | 33.89M | 3.46M | -29.33M |
| 2021 | -31.75M | -70.78M | 29.24M |
| 2022 | 75.52M | 49.28M | -74.61M |
| 2023 | 46.24M | -7.45M | -36.58M |
ARDC Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 7.20M | 6.29M | 8.80M | 4.25M | 4.40M | 6.28M | 8.64M | 5.53M |
Operating activities | ||||||||
Net income | 56.35M | -46.10M | 37.13M | 7.37M | 18.74M | 18.07M | 50.51M | 30.26M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | 5.40M | 6.45M | -1.88M | -2.43M | -2.59M | 4.32M | -3.90M | 1.00M |
Inventories | 0 | 0 | 0 | 0 | 4.18M | 0 | 0 | 0 |
Accounts payable | 3.33M | -11.37M | 10.58M | 4.59M | -3.37M | -795.83K | -10.21M | -21.45K |
Cash generated by operating activities | 46.24M | 75.52M | -31.75M | 33.89M | 10.96M | 34.52M | 24.92M | 29.99M |
Investing activities | ||||||||
Purchases Of Investments | -257.12M | -266.04M | -506.39M | -610.59M | -441.04M | -488.74M | -583.91M | -551.28M |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -7.45M | 49.28M | -70.78M | 3.46M | -6.80M | -1.07M | 7.18M | 10.59M |
Financing activities | ||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 673.46K | 0 | 0 | -6.36M |
Payments for dividends | -31.05M | -27.38M | -26.81M | -27.49M | -29.56M | 0 | -28.47M | -30.15M |
Repurchases of common stock | 0 | 0 | 0 | 0 | -673.46K | 0 | -437.05K | 0 |
Repayments of term debt | -5.53M | -47.23M | -200.45M | -222.77M | -6.19M | -168.51M | 2.67M | -956.72K |
Cash used in financing activities | -36.58M | -74.61M | 29.24M | -29.33M | -11.12M | -33.75M | -26.23M | -37.47M |
Net Change In Cash | 2.20M | 906K | -2.51M | 4.55M | -159.31K | 767.03K | -2.36M | 3.10M |
Cash at end of period | 9.40M | 7.20M | 6.29M | 8.80M | 4.25M | 7.04M | 6.28M | 8.64M |