Balance Sheet Data
Ares Management Corporation (ARES)
$110.64
+2.34 (+2.16%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 494.89 | 744.71 | 1,062.19 | 1,392.85 | 1,114.63 | 2,033.78 | 3,027.43 | 4,506.56 | 6,708.36 | 9,985.91 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 344.17 | 439.58 | 625.28 | 1,157.94 | 1,084.78 | 1,448.60 | 2,156.35 | 3,209.89 | 4,778.17 | 7,112.67 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 167.10 | 150.03 | 162.11 | 382.93 | 400.21 | 521.33 | 776.04 | 1,155.20 | 1,719.61 | 2,559.76 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -18.42 | -16.80 | -15.94 | -27.23 | -35.80 | -50.89 | -75.76 | -112.77 | -167.87 | -249.89 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.