Ares Capital Corporation (ARCC) — Cash Flow-to-Debt Ratio
Ares Capital Corporation (ARCC) has a Cash Flow-to-Debt Ratio of 0.02x as of June 2026, meaning its operating cash flow of $336.00 Million could theoretically repay 0% of its total liabilities ($16.61 Billion) in one year. See Ares Capital Corporation financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Ares Capital Corporation Cash Flow-to-Debt Ratio (2004–2025)
Historical debt coverage capacity for Ares Capital Corporation across 22 annual periods. For the full cash flow conversion analysis, see Ares Capital Corporation operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for Ares Capital Corporation (2004–2025)
Year-by-year debt coverage analysis for Ares Capital Corporation. Check earnings quality score of Ares Capital Corporation to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | $1.14 Billion | $16.92 Billion | ▼ -21.5% |
| 2024 | 0.09x | $1.28 Billion | $14.90 Billion | ▲ +8.4% |
| 2023 | 0.08x | $1.00 Billion | $12.60 Billion | ▲ +175.0% |
| 2022 | -0.11x | $-1.36 Billion | $12.84 Billion | ▲ +48.5% |
| 2021 | -0.21x | $-2.46 Billion | $11.97 Billion | ▼ -232.5% |
| 2020 | -0.06x | $-557.00 Million | $9.02 Billion | ▲ +62.0% |
| 2019 | -0.16x | $-1.21 Billion | $7.44 Billion | ▼ -236.7% |
| 2018 | 0.12x | $666.00 Million | $5.59 Billion | ▲ +133.5% |
| 2017 | -0.36x | $-1.87 Billion | $5.25 Billion | ▼ -305.2% |
| 2016 | 0.17x | $707.00 Million | $4.08 Billion | ▲ +109.5% |
| 2015 | 0.08x | $360.38 Million | $4.36 Billion | ▲ +152.9% |
| 2014 | -0.16x | $-658.55 Million | $4.21 Billion | ▲ +61.0% |
| 2013 | -0.40x | $-1.30 Billion | $3.24 Billion | ▼ -285.5% |
| 2012 | -0.10x | $-250.93 Million | $2.41 Billion | ▲ +41.3% |
| 2011 | -0.18x | $-396.91 Million | $2.24 Billion | ▲ +59.2% |
| 2010 | -0.43x | $-656.49 Million | $1.51 Billion | ▼ -3839.4% |
| 2009 | 0.01x | $12.26 Million | $1.06 Billion | ▲ +103.7% |
| 2008 | -0.31x | $-309.01 Million | $996.45 Million | ▲ +100.0% |
| 2007 | -729449.58x | $-514.16 Trillion | $704.85 Million | ▼ -78616396.7% |
| 2006 | -0.93x | $-518.26 Million | $558.56 Million | ▲ +88.3% |
| 2005 | -7.95x | $-349.97 Million | $44.03 Million | ▼ -157.2% |
| 2004 | -3.09x | $-187.75 Million | $60.75 Million | — |