Ares Commercial Real Estate Corporation (ACRE)

ACRE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	125.5	63.8	110.46	141.28	50.62	74.78
Long-Term Investments	8.57	8.68	28.06	27.94	-	-
Trading Asset Securities	-	-	-	6.57	2.98	-
Loans & Lease Receivables	1,224	1,520	1,967	2,198	2,390	1,792
Other Receivables	6	8.1	45	143.5	145.69	17.61
Property, Plant & Equipment	114.94	115.32	73.35	-	36.6	37.28
Other Intangible Assets	21.93	23.71	9.94	-	-	-
Restricted Cash	3.59	2.5	-	-	-	-
Other Long-Term Assets	15.28	8.63	7.35	5.69	5.51	8.21
Total Assets	1,520	1,751	2,280	2,523	2,632	1,929
Accrued Expenses	4.58	5.1	6.4	7.49	4.73	3.54
Short-Term Debt	-	-	-	-	-	50
Current Portion of Long-Term Debt	149.53	359.74	-	-	613.15	227.51
Long-Term Debt	795.29	812.63	1,617	1,737	1,310	1,154
Other Current Liabilities	8.35	13.92	18.22	19.35	16.67	11.12
Other Long-Term Liabilities	19.73	19.68	12.32	12.06	8.61	10.77
Total Liabilities	977.48	1,211	1,654	1,775	1,953	1,456
Common Stock	0.53	0.53	0.53	0.54	0.47	0.33
Additional Paid-In Capital	817.97	816.92	812.18	812.79	703.95	497.8
Retained Earnings	-276.37	-277.36	-187.02	-73.33	-28.63	-25.12
Comprehensive Income & Other	0.01	0.04	0.15	7.54	2.84	-
Total Common Equity	542.14	540.13	625.85	747.54	678.63	473.02
Shareholders' Equity	542.14	540.13	625.85	747.54	678.63	473.02
Total Liabilities & Equity	1,520	1,751	2,280	2,523	2,632	1,929
Total Debt	944.81	1,172	1,617	1,737	1,923	1,431
Net Cash (Debt)	-819.32	-1,109	-1,507	-1,589	-1,870	-1,356
Net Cash Per Share	-15.02	-20.36	-27.75	-30.48	-43.80	-40.86
Filing Date Shares Outstanding	54.98	54.82	54.39	54.59	47.18	33.39
Total Common Shares Outstanding	54.84	54.5	54.12	54.43	47.1	33.35
Working Capital	1,196	1,216	2,136	2,463	1,955	1,592
Book Value Per Share	9.89	9.91	11.57	13.73	14.41	14.18
Tangible Book Value	520.22	516.42	615.91	747.54	678.63	473.02
Tangible Book Value Per Share	9.49	9.48	11.38	13.73	14.41	14.18

Updated May 7, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q