Ares Commercial Real Estate Corporation (ACRE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 1.84B | 1.62B | 1.39B | 1.44B | 1.52B | 1.75B | 1.94B | 2.07B | 2.11B | 2.28B | 2.36B | 2.4B | 2.44B | 2.52B | 2.73B | 2.7B | 2.52B | 2.63B | 2.47B | 2.26B |
| Asset Growth % | 20.84% | -7.6% | -28.28% | -30.49% | -28% | -23.19% | -17.88% | -13.76% | -13.65% | -9.64% | -13.35% | -10.99% | -2.84% | -4.14% | 10.56% | 19.47% | 20.33% | 36.4% | 26.56% | 11.66% |
| Real Estate & Other Assets | -76.85M | 1.4B | -20.65M | 12.45M | 15.28M | 8.63M | -27M | 8.07M | 6.66M | -28.06M | 0 | 6.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.87M |
| PP&E (Net) | 0 | 0 | 0 | 113.57M | 114.94M | 115.32M | 0 | 73.01M | 72.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36.86M |
| Investment Securities | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 105.1M | 67.23M | 0 | 1.28B | 1.36B | 1.59B | 0 | 1.95B | 1.99B | 0 | 0 | 2.37B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.21B |
| Cash & Equivalents | 86.16M | 29.29M | 84.87M | 89.98M | 125.5M | 63.8M | 68.88M | 70.65M | 99.52M | 110.46M | 61.02M | 142.6M | 153.76M | 141.28M | 77.3M | 25.63M | 13.76M | 50.62M | 15.79M | 75.67M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 20.17M | -103.12M | 9.95M | 9.59M | 10.6M | -113.01M | 46.04M | 19.14M | -174.21M | -66.72M | 102.55M | -156.72M | -144.26M | -79.84M | -28.05M | -16.03M | -53.21M | -18.31M | 122.66M |
| Intangible Assets | 0 | 16.88M | 20.65M | 21.9M | 21.93M | 23.71M | 0 | 8.72M | 9.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.34B | 1.11B | 870.88M | 914.94M | 977.48M | 1.21B | 1.38B | 1.49B | 1.51B | 1.65B | 1.68B | 1.71B | 1.73B | 1.78B | 1.96B | 1.91B | 1.83B | 1.95B | 1.79B | 1.58B |
| Total Debt | 1.27B | 1.05B | 809.89M | 888.21M | 944.81M | 1.17B | 1.34B | 1.46B | 1.48B | 1.62B | 1.64B | 1.67B | 1.69B | 1.74B | 1.92B | 1.88B | 1.8B | 1.92B | 1.76B | 1.55B |
| Net Debt | 1.19B | 1.02B | 725.02M | 798.22M | 819.32M | 1.11B | 1.27B | 1.39B | 1.38B | 1.51B | 1.58B | 1.53B | 1.53B | 1.6B | 1.85B | 1.85B | 1.78B | 1.87B | 1.75B | 1.47B |
| Long-Term Debt | 1.05B | 189.28M | 768.27M | 738.68M | 795.29M | 812.63M | 1.34B | 1.46B | 1.48B | 1.62B | 734.09M | 1.67B | 734.6M | 1.74B | 820.88M | 1.5B | 1.41B | 1.29B | 1.25B | 1.42B |
| Short-Term Borrowings | 224.63M | 858.18M | 41.62M | 149.53M | 149.53M | 359.74M | 0 | 0 | 0 | 0 | 909.51M | 0 | 953.15M | 0 | 1.1B | 378.16M | 389.41M | 635.98M | 509.78M | 125.38M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 224.63M | 870.94M | 54.24M | 162.38M | 162.46M | 378.76M | 19.6M | 20.12M | 20M | 24.62M | 933.82M | 25.94M | 978.34M | 26.84M | 1.13B | 402.8M | 410.66M | 657.38M | 530.8M | 146.24M |
| Accounts Payable | 0 | 257K | 294K | 0 | 0 | 0 | 1.69M | 0 | 0 | 2.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 72.25M | 48.36M | 48.37M | 13.87M | 19.73M | 19.68M | 0 | 10.86M | 10.05M | 12.32M | -734.09M | 12.68M | -734.6M | -1.74B | -820.88M | -1.5B | -1.41B | -1.29B | -1.25B | 9.08M |
| Total Equity | 492.42M | 509.57M | 520.98M | 523.7M | 542.14M | 540.13M | 563.75M | 582.26M | 601.09M | 625.85M | 682.96M | 691.19M | 718.3M | 747.54M | 767.08M | 786M | 689.33M | 678.63M | 672.74M | 679.04M |
| Equity Growth % | -9.17% | -5.66% | -7.59% | -10.06% | -9.81% | -13.7% | -17.45% | -15.76% | -16.32% | -16.28% | -10.97% | -12.06% | 4.2% | 10.15% | 14.02% | 15.75% | 19.68% | 43.47% | 43.34% | 45.99% |
| Shareholders Equity | 492.42M | 509.57M | 520.98M | 523.7M | 542.14M | 540.13M | 563.75M | 582.26M | 601.09M | 625.85M | 682.96M | 691.19M | 718.3M | 747.54M | 767.08M | 786M | 689.33M | 678.63M | 672.74M | 679.04M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 532K | 532K | 532K | 532K | 532K | 532K | 532K | 532K | 532K | 532K | 532K | 532K | 537K | 537K | 537K | 537K | 467K | 465K | 464K | 464K |
| Additional Paid-in Capital | 821.72M | 820.83M | 819.93M | 818.91M | 817.97M | 816.92M | 815.8M | 814.62M | 813.47M | 812.18M | 811.15M | 810.16M | 813.75M | 812.79M | 812.05M | 811.41M | 707.58M | 703.95M | 701.37M | 700.99M |
| Retained Earnings | -329.84M | -311.79M | -299.48M | -295.77M | -276.37M | -277.36M | -252.77M | -233.08M | -213.15M | -187.02M | -129.39M | -120.49M | -99.11M | -73.33M | -56.89M | -38.34M | -29.17M | -28.63M | -29.11M | -22.54M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | -0.56% | -0.26% | 0.33% | -0.75% | 0.57% | -0.58% | -0.29% | -0.29% | -0.56% | -1.7% | 0.39% | -0.09% | -0.26% | 0.11% | 0.02% | 0.38% | 0.63% | 0.67% | 0.42% | 0.81% |
| Return on Equity (ROE) | -1.92% | -0.75% | 0.89% | -2.07% | 1.73% | -1.93% | -1.03% | -1.04% | -2.01% | -6.02% | 1.34% | -0.31% | -0.88% | 0.38% | 0.08% | 1.36% | 2.37% | 2.54% | 1.47% | 2.81% |
| Debt / Assets | 69.25% | 64.73% | 58.19% | 61.74% | 62.17% | 66.95% | 69.22% | 70.37% | 70.1% | 70.93% | 69.55% | 69.59% | 69.05% | 68.83% | 70.53% | 69.58% | 71.39% | 73.07% | 71.49% | 68.59% |
| Debt / Equity | 2.58x | 2.06x | 1.55x | 1.70x | 1.74x | 2.17x | 2.38x | 2.50x | 2.46x | 2.58x | 2.41x | 2.42x | 2.35x | 2.32x | 2.51x | 2.39x | 2.61x | 2.83x | 2.62x | 2.28x |
| Net Debt / EBITDA | 136.29x | 89.04x | 108.85x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Book Value per Share | 8.90 | 9.27 | 9.34 | 9.55 | 9.73 | 9.91 | 10.35 | 10.70 | 11.05 | 11.57 | 12.46 | 12.72 | 13.16 | 13.62 | 13.99 | 15.41 | 14.47 | 14.34 | 14.25 | 16.44 |