Ares Commercial Real Estate Corporation (ACRE)

ACRE Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	86.16	29.29	63.8	110.46	141.28	50.62
Short-Term Investments	60.54	-	-	38.98	-	-
Cash & Short-Term Investments	146.71	29.29	63.8	149.44	141.28	50.62
Cash Growth	16.90%	-54.09%	-57.31%	5.78%	179.12%	-32.31%
Restricted Cash	48.17	37.87	2.5	-	-	-
Inventory	53.11	130.17	139.03	83.28	-	36.6
Total Current Assets	247.99	197.32	205.33	232.72	141.28	87.22
Long-Term Investments	1,766	1,655	1,802	2,314	2,358	2,438
Other Long-Term Assets	18.93	17.77	16.73	52.35	155.75	154.18
Total Assets	1,836	1,618	1,751	2,280	2,523	2,632
Other Current Liabilities	12.53	12.5	17.71	22.36	24.93	20.83
Total Current Liabilities	12.53	12.5	17.71	22.36	24.93	20.83
Long-Term Debt	1,272	1,047	1,172	1,617	1,737	1,923
Other Long-Term Liabilities	59.73	48.61	20.99	14.58	13.97	9.18
Total Long-Term Liabilities	1,331	1,096	1,193	1,632	1,751	1,932
Total Liabilities	1,344	1,109	1,211	1,654	1,775	1,953
Common Stock	0.53	0.53	0.53	0.53	0.54	0.47
Additional Paid-in Capital	821.72	820.83	816.92	812.18	812.79	703.95
Accumulated Other Comprehensive Income	-	-	0.04	0.15	7.54	2.84
Retained Earnings	-329.84	-311.79	-277.36	-187.02	-73.33	-28.63
Shareholders' Equity	492.42	509.57	540.13	625.85	747.54	678.63
Total Liabilities & Equity	1,836	1,618	1,751	2,280	2,523	2,632
Total Debt	1,272	1,047	1,172	1,617	1,737	1,923
Net Cash (Debt)	-1,125	-1,018	-1,109	-1,468	-1,595	-1,873
Net Cash Per Share	-20.37	-18.55	-20.36	-27.04	-30.60	-43.87
Book Value	492.42	509.57	540.13	625.85	747.54	678.63
Book Value Per Share	8.92	9.28	9.92	11.53	14.34	15.90
Tangible Book Value	492.42	509.57	540.13	625.85	747.54	678.63
Tangible Book Value Per Share	8.92	9.28	9.92	11.53	14.34	15.90

Updated May 7, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q