Ares Operating Income vs Net Income From Continuing Ops Analysis

ARCC Stock

USD 20.85 0.24 1.16%

Ares Capital financial indicator trend analysis is way more than just evaluating Ares Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ares Capital is a good investment. Please check the relationship between Ares Capital Operating Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ares Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Ares Stock refer to our How to Trade Ares Stock guide.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ares Capital Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ares Capital's Operating Income and Net Income From Continuing Ops is 0.6. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Ares Capital, assuming nothing else is changed. The correlation between historical values of Ares Capital's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ares Capital are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Ares Capital's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Ares Capital operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ares Capital is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income From Continuing Ops

Most indicators from Ares Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ares Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ares Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Ares Stock refer to our How to Trade Ares Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 1.2 B, whereas Selling General Administrative is forecasted to decline to about 40.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.7B	274M	2.1B	2.2B
Total Revenue	1.7B	741M	2.1B	2.2B

Gross Profit Total Revenue

Ares Capital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Non Current Liabilities Total	Current Deferred Revenue
Total Assets		0.99	-0.71	-0.05	0.98	-0.35	0.99	0.45	0.95	0.86	0.29	-1.0	0.42	0.97	0.77	0.75	0.85	0.8	0.98	0.99	-0.4	-0.42	0.85	-0.48	0.75	0.9
Short Long Term Debt Total	0.99		-0.67	-0.02	0.94	-0.4	1.0	0.42	0.93	0.81	0.32	-0.99	0.45	0.98	0.73	0.73	0.81	0.76	0.94	1.0	-0.42	-0.46	0.81	-0.5	0.72	0.92
Other Current Liab	-0.71	-0.67		0.28	-0.72	0.15	-0.66	-0.51	-0.82	-0.77	-0.04	0.69	-0.29	-0.7	-0.7	-0.58	-0.67	-0.53	-0.7	-0.68	0.26	0.27	-0.67	0.43	-0.91	-0.63
Total Current Liabilities	-0.05	-0.02	0.28		-0.11	0.1	-0.01	-0.17	0.04	-0.25	0.46	0.0	0.27	-0.05	-0.13	-0.17	-0.07	0.07	-0.09	-0.01	-0.29	-0.22	-0.07	-0.01	-0.2	-0.03
Total Stockholder Equity	0.98	0.94	-0.72	-0.11		-0.28	0.94	0.46	0.93	0.9	0.24	-0.97	0.37	0.92	0.8	0.75	0.87	0.82	1.0	0.94	-0.34	-0.36	0.87	-0.43	0.76	0.84
Other Liab	-0.35	-0.4	0.15	0.1	-0.28		-0.4	-0.15	-0.24	-0.16	0.03	0.35	-0.63	-0.4	-0.05	0.01	-0.36	-0.14	-0.26	-0.39	0.62	0.62	-0.36	0.65	-0.25	-0.35
Net Debt	0.99	1.0	-0.66	-0.01	0.94	-0.4		0.4	0.93	0.8	0.33	-0.99	0.45	0.98	0.72	0.73	0.81	0.76	0.94	1.0	-0.43	-0.46	0.81	-0.5	0.71	0.92
Retained Earnings	0.45	0.42	-0.51	-0.17	0.46	-0.15	0.4		0.56	0.67	-0.41	-0.42	0.16	0.37	0.51	0.38	0.25	0.13	0.4	0.42	-0.12	-0.14	0.25	-0.14	0.48	0.67
Accounts Payable	0.95	0.93	-0.82	0.04	0.93	-0.24	0.93	0.56		0.87	0.27	-0.94	0.44	0.91	0.79	0.69	0.8	0.73	0.91	0.94	-0.41	-0.41	0.8	-0.49	0.79	0.9
Cash	0.86	0.81	-0.77	-0.25	0.9	-0.16	0.8	0.67	0.87		-0.07	-0.83	0.24	0.81	0.87	0.67	0.73	0.63	0.87	0.81	-0.2	-0.28	0.73	-0.34	0.79	0.83
Non Current Assets Total	0.29	0.32	-0.04	0.46	0.24	0.03	0.33	-0.41	0.27	-0.07		-0.34	0.11	0.25	0.15	0.07	0.35	0.54	0.28	0.32	-0.14	-0.15	0.35	-0.18	-0.1	0.06
Non Currrent Assets Other	-1.0	-0.99	0.69	0.0	-0.97	0.35	-0.99	-0.42	-0.94	-0.83	-0.34		-0.44	-0.96	-0.78	-0.73	-0.85	-0.84	-0.97	-0.99	0.41	0.43	-0.85	0.48	-0.72	-0.89
Other Assets	0.42	0.45	-0.29	0.27	0.37	-0.63	0.45	0.16	0.44	0.24	0.11	-0.44		0.46	0.18	0.04	0.64	0.3	0.37	0.45	-1.0	-0.83	0.64	-0.91	0.35	0.39
Long Term Debt	0.97	0.98	-0.7	-0.05	0.92	-0.4	0.98	0.37	0.91	0.81	0.25	-0.96	0.46		0.71	0.76	0.8	0.72	0.92	0.98	-0.43	-0.46	0.8	-0.51	0.78	0.9
Cash And Short Term Investments	0.77	0.73	-0.7	-0.13	0.8	-0.05	0.72	0.51	0.79	0.87	0.15	-0.78	0.18	0.71		0.56	0.68	0.82	0.79	0.73	-0.15	-0.24	0.68	-0.3	0.65	0.7
Net Receivables	0.75	0.73	-0.58	-0.17	0.75	0.01	0.73	0.38	0.69	0.67	0.07	-0.73	0.04	0.76	0.56		0.51	0.54	0.75	0.73	-0.01	0.05	0.51	-0.02	0.69	0.72
Common Stock Total Equity	0.85	0.81	-0.67	-0.07	0.87	-0.36	0.81	0.25	0.8	0.73	0.35	-0.85	0.64	0.8	0.68	0.51		0.8	0.88	0.81	-0.62	-0.59	1.0	-0.73	0.69	0.62
Common Stock Shares Outstanding	0.8	0.76	-0.53	0.07	0.82	-0.14	0.76	0.13	0.73	0.63	0.54	-0.84	0.3	0.72	0.82	0.54	0.8		0.84	0.77	-0.29	-0.31	0.8	-0.36	0.51	0.56
Other Stockholder Equity	0.98	0.94	-0.7	-0.09	1.0	-0.26	0.94	0.4	0.91	0.87	0.28	-0.97	0.37	0.92	0.79	0.75	0.88	0.84		0.94	-0.34	-0.35	0.88	-0.42	0.75	0.82
Total Liab	0.99	1.0	-0.68	-0.01	0.94	-0.39	1.0	0.42	0.94	0.81	0.32	-0.99	0.45	0.98	0.73	0.73	0.81	0.77	0.94		-0.42	-0.45	0.81	-0.5	0.72	0.92
Total Current Assets	-0.4	-0.42	0.26	-0.29	-0.34	0.62	-0.43	-0.12	-0.41	-0.2	-0.14	0.41	-1.0	-0.43	-0.15	-0.01	-0.62	-0.29	-0.34	-0.42		0.83	-0.62	0.91	-0.31	-0.36
Short Term Debt	-0.42	-0.46	0.27	-0.22	-0.36	0.62	-0.46	-0.14	-0.41	-0.28	-0.15	0.43	-0.83	-0.46	-0.24	0.05	-0.59	-0.31	-0.35	-0.45	0.83		-0.59	0.79	-0.35	-0.37
Common Stock	0.85	0.81	-0.67	-0.07	0.87	-0.36	0.81	0.25	0.8	0.73	0.35	-0.85	0.64	0.8	0.68	0.51	1.0	0.8	0.88	0.81	-0.62	-0.59		-0.73	0.69	0.62
Short Term Investments	-0.48	-0.5	0.43	-0.01	-0.43	0.65	-0.5	-0.14	-0.49	-0.34	-0.18	0.48	-0.91	-0.51	-0.3	-0.02	-0.73	-0.36	-0.42	-0.5	0.91	0.79	-0.73		-0.39	-0.41
Non Current Liabilities Total	0.75	0.72	-0.91	-0.2	0.76	-0.25	0.71	0.48	0.79	0.79	-0.1	-0.72	0.35	0.78	0.65	0.69	0.69	0.51	0.75	0.72	-0.31	-0.35	0.69	-0.39		0.67
Current Deferred Revenue	0.9	0.92	-0.63	-0.03	0.84	-0.35	0.92	0.67	0.9	0.83	0.06	-0.89	0.39	0.9	0.7	0.72	0.62	0.56	0.82	0.92	-0.36	-0.37	0.62	-0.41	0.67

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Ares Capital Account Relationship Matchups

Ares Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.9B	16.2B	20.8B	22.4B	23.8B	25.0B
Short Long Term Debt Total	7.1B	8.6B	11.1B	12.3B	11.9B	12.5B
Other Current Liab	(186M)	(202M)	(427M)	(31M)	(373M)	(354.4M)
Total Current Liabilities	186M	202M	427M	294M	17M	16.2M
Total Stockholder Equity	7.5B	7.2B	8.9B	9.6B	11.2B	11.8B
Other Liab	9M	72M	114M	34M	39.1M	37.1M
Net Debt	6.9B	8.3B	10.8B	12.0B	11.4B	12.0B
Retained Earnings	(293M)	(480M)	315M	(2M)	462M	485.1M
Accounts Payable	186M	202M	427M	294M	373M	391.7M
Cash	176M	254M	372M	303M	535M	561.8M
Non Current Assets Total	14.5B	15.6B	20.0B	21.8B	10M	9.5M
Non Currrent Assets Other	(14.5B)	(15.6B)	(20.0B)	(21.8B)	(22.9B)	(21.7B)
Other Assets	78M	166M	213M	115M	23.0B	24.2B
Long Term Debt	4.9B	5.2B	7.0B	12.2B	14.0B	14.7B
Cash And Short Term Investments	176M	254M	372M	303M	535M	289.0M
Net Receivables	131M	223M	222M	180M	261M	274.1M
Common Stock Shares Outstanding	427M	424M	446M	518M	575M	296.5M
Liabilities And Stockholders Equity	14.9B	16.2B	20.8B	22.4B	23.8B	25.0B
Other Stockholder Equity	7.8B	7.7B	8.6B	9.6B	10.7B	11.3B
Total Liab	7.4B	9.0B	12.0B	12.8B	12.6B	13.2B
Total Current Assets	307M	477M	594M	483M	780M	741M
Short Term Debt	121M	59M	43M	31M	17M	16.2M
Non Current Liabilities Total	7.1B	8.6B	11.1B	294M	12.6B	13.2B
Other Current Assets	(307M)	(549M)	(708M)	(517M)	(825M)	(783.8M)
Net Tangible Assets	7.5B	7.2B	8.9B	9.6B	11.0B	7.7B
Long Term Investments	14.4B	15.5B	20.0B	21.8B	22.9B	16.0B
Long Term Debt Total	4.9B	5.2B	7.0B	12.2B	14.0B	14.7B
Capital Surpluse	7.2B	7.2B	7.8B	9.6B	11.0B	7.8B
Net Invested Capital	14.4B	15.5B	20.0B	21.8B	23.1B	18.8B

Ares Capital Investors Sentiment

The influence of Ares Capital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ares. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Ares Capital's public news can be used to forecast risks associated with an investment in Ares. The trend in average sentiment can be used to explain how an investor holding Ares can time the market purely based on public headlines and social activities around Ares Capital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Ares Capital's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ares Capital's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ares Capital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ares Capital.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ares Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ares Capital's short interest history, or implied volatility extrapolated from Ares Capital options trading.

Pair Trading with Ares Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ares Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ares Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ares Stock

0.84	GS	Goldman Sachs Group Financial Report 17th of July 2024	Pair Corr
0.81	MS	Morgan Stanley Financial Report 16th of July 2024	Pair Corr

Moving against Ares Stock

0.8	ECPG	Encore Capital Group	Pair Corr
0.79	MEGL	Magic Empire Global	Pair Corr
0.69	BITF	Bitfarms Financial Report 20th of May 2024	Pair Corr
0.65	BFIIW	BurgerFi International	Pair Corr
0.61	PJT	PJT Partners Financial Report 7th of May 2024	Pair Corr

The ability to find closely correlated positions to Ares Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ares Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ares Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ares Capital to buy it.

The correlation of Ares Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ares Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ares Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ares Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Ares Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ares Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ares Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ares Capital Stock:

How To Invest In Ares

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Is Ares Stock a good investment?

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What is Ares Capital's Net Worth?

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Largest Financial Services Companies

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Top Sectors

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ares Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Ares Stock refer to our How to Trade Ares Stock guide.

Note that the Ares Capital information on this page should be used as a complementary analysis to other Ares Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Ares Stock analysis

When running Ares Capital's price analysis, check to measure Ares Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ares Capital is operating at the current time. Most of Ares Capital's value examination focuses on studying past and present price action to predict the probability of Ares Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ares Capital's price. Additionally, you may evaluate how the addition of Ares Capital to your portfolios can decrease your overall portfolio volatility.

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Is Ares Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ares Capital. If investors know Ares will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ares Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.11

Dividend Share

1.92

Earnings Share

2.68

Revenue Per Share

4.718

Quarterly Revenue Growth

0.105

The market value of Ares Capital is measured differently than its book value, which is the value of Ares that is recorded on the company's balance sheet. Investors also form their own opinion of Ares Capital's value that differs from its market value or its book value, called intrinsic value, which is Ares Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ares Capital's market value can be influenced by many factors that don't directly affect Ares Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Ares Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ares Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ares Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Ares Operating Income vs Net Income From Continuing Ops Analysis

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Operating Income

Net Income From Continuing Ops

Ares Capital fundamental ratios Correlations

Ares Capital Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ares Capital fundamental ratios Accounts

Ares Capital Investors Sentiment

Pair Trading with Ares Capital

Moving together with Ares Stock

Moving against Ares Stock

Complementary Tools for Ares Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Net Debt
Common Stock	+ 1.0	Common Stock Total Equity
Short Long Term Debt Total	+ 0.99	Total Assets

Total Current Assets	- 1.0	Other Assets
Non Currrent Assets Other	- 1.0	Total Assets
Total Liab	- 0.99	Non Currrent Assets Other
Non Currrent Assets Other	- 0.99	Net Debt
Non Currrent Assets Other	- 0.99	Short Long Term Debt Total
Other Stockholder Equity	- 0.97	Non Currrent Assets Other