Ares Commercial Real Estate Corporation (ACRE)

ACRE Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	63.8	110.46	141.28	50.62	74.78
Long-Term Investments	8.68	28.06	27.94	-	-
Trading Asset Securities	-	-	6.57	2.98	-
Loans & Lease Receivables	1,520	1,967	2,198	2,390	1,792
Other Receivables	8.1	45	143.5	145.69	17.61
Property, Plant & Equipment	115.32	73.35	-	36.6	37.28
Other Intangible Assets	23.71	9.94	-	-	-
Restricted Cash	2.5	-	-	-	-
Other Long-Term Assets	8.63	7.35	5.69	5.51	8.21
Total Assets	1,751	2,280	2,523	2,632	1,929
Accrued Expenses	5.1	6.4	7.49	4.73	3.54
Short-Term Debt	-	-	-	-	50
Current Portion of Long-Term Debt	359.74	-	-	613.15	227.51
Long-Term Debt	812.63	1,617	1,737	1,310	1,154
Other Current Liabilities	13.92	18.22	19.35	16.67	11.12
Other Long-Term Liabilities	19.68	12.32	12.06	8.61	10.77
Total Liabilities	1,211	1,654	1,775	1,953	1,456
Common Stock	0.53	0.53	0.54	0.47	0.33
Additional Paid-In Capital	816.92	812.18	812.79	703.95	497.8
Retained Earnings	-277.36	-187.02	-73.33	-28.63	-25.12
Comprehensive Income & Other	0.04	0.15	7.54	2.84	-
Total Common Equity	540.13	625.85	747.54	678.63	473.02
Shareholders' Equity	540.13	625.85	747.54	678.63	473.02
Total Liabilities & Equity	1,751	2,280	2,523	2,632	1,929
Total Debt	1,172	1,617	1,737	1,923	1,431
Net Cash (Debt)	-1,109	-1,507	-1,589	-1,870	-1,356
Net Cash Per Share	-20.36	-27.75	-30.48	-43.80	-40.86
Filing Date Shares Outstanding	54.82	54.39	54.59	47.18	33.39
Total Common Shares Outstanding	54.5	54.12	54.43	47.1	33.35
Working Capital	1,216	2,136	2,463	1,955	1,592
Book Value Per Share	9.91	11.57	13.73	14.41	14.18
Tangible Book Value	516.42	615.91	747.54	678.63	473.02
Tangible Book Value Per Share	9.48	11.38	13.73	14.41	14.18

Source: S&P Capital IQ. Financial Services template. Financial Sources.