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Dec 31, 2019

Ares Capital Q4 2019 Earnings Report

Ares Capital reported fourth quarter financial results

Key Takeaways

Ares Capital Corporation reported GAAP net income of $204 million or $0.48 per share, Core EPS of $0.45 per share, and net investment income of $190 million or $0.44 per share for Q4 2019.

Ares Capital reported GAAP net income of $204 million, or $0.48 per share for the fourth quarter of 2019.

Core EPS for the fourth quarter of 2019 was $0.45 per share.

Net investment income for the fourth quarter of 2019 was $190 million, or $0.44 per share.

As of December 31, 2019, total assets were $14.9 billion, and stockholders’ equity was $7.5 billion.

Total Revenue
$386M
Previous year: $345M
+11.9%
EPS
$0.45
Previous year: $0.45
+0.0%
Debt/Equity Ratio
0.95
Previous year: 0.73
+30.1%
Number of portfolio investments
354
Previous year: 344
+2.9%
Loans on non-accrual status
1.9%
Cash and Equivalents
$176M
Total Assets
$14.9B

Ares Capital

Ares Capital

Forward Guidance

Ares Capital has significant available capital and believes it is well positioned to be opportunistic to find attractive investments in varying market conditions.