ARCC
Ares Capital Corp
Halal Rating :
Last Price
$23.18
Last updated:
Market Cap
-
7D Change
4.89%
1 Year Change
13.68%
Company Overview
Industries
Exchange
Next Earnings Date
Ares Capital Corporation is a business development company (BDC) and a leading specialty finance company focused on providing direct loans and other investments in private middle-market companies. The company's primary business involves lending money to middle-market companies and earning interest on these loans. It also generates income through capital appreciation and fees.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $589.0m | $195.0m | $524.0m | $195.0m | 88.96% | 100.00% |
| June 30, 2024 | $547.0m | $174.0m | $508.0m | $174.0m | 92.87% | 100.00% |
| March 31, 2024 | $182.2m | $159.0m | $-159000000.0 | $159.0m | 87.27% | 100.00% |
Company Impact
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