Ares Management LP (ARES) — Working Capital to Net Assets Ratio
Ares Management LP (ARES) has a Working Capital to Net Assets ratio of -1.9% as of March 2026. Working capital of $-161.35 Million (current assets of $568.78 Million minus current liabilities of $730.13 Million) is measured against net assets of $8.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ares Management LP balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ares Management LP Working Capital to Net Assets (2011–2025)
This chart shows how Ares Management LP's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at -1.9%, reflecting working capital of $-161.35 Million against net assets of $8.38 Billion USD. Check Ares Management LP tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ares Management LP (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ares Management LP from 2011 to 2025, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Ares Management LP market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 21.3% | $1.85 Billion | $8.70 Billion | $3.35 Billion | $1.49 Billion | ▲ +22.6 pp |
| 2024 | -1.3% | $-85.80 Million | $6.82 Billion | $4.25 Billion | $4.33 Billion | ▲ +21.5 pp |
| 2023 | -22.8% | $-1.02 Billion | $4.47 Billion | $2.77 Billion | $3.79 Billion | ▲ +9.4 pp |
| 2022 | -32.2% | $-1.22 Billion | $3.80 Billion | $2.20 Billion | $3.42 Billion | ▲ +6.3 pp |
| 2021 | -38.5% | $-1.47 Billion | $3.81 Billion | $2.55 Billion | $4.02 Billion | ▼ -38.2 pp |
| 2020 | -0.2% | $-6.15 Million | $2.47 Billion | $1.69 Billion | $1.69 Billion | ▲ +25.2 pp |
| 2019 | -25.5% | $-473.15 Million | $1.86 Billion | $1.18 Billion | $1.66 Billion | ▲ +27.0 pp |
| 2018 | -52.5% | $-731.50 Million | $1.39 Billion | $839.06 Million | $1.57 Billion | ▼ -89.4 pp |
| 2017 | 37.0% | $540.07 Million | $1.46 Billion | $2.04 Billion | $1.50 Billion | ▼ -19.2 pp |
| 2016 | 56.2% | $773.96 Million | $1.38 Billion | $1.76 Billion | $983.82 Million | ▲ +12.5 pp |
| 2015 | 43.7% | $423.31 Million | $968.41 Million | $1.00 Billion | $576.90 Million | ▲ +29.3 pp |
| 2014 | 14.4% | $819.98 Million | $5.70 Billion | $2.14 Billion | $1.32 Billion | ▲ +17.1 pp |
| 2013 | -2.7% | $-175.94 Million | $6.54 Billion | $2.57 Billion | $2.74 Billion | ▲ +7.2 pp |
| 2012 | -9.9% | $-694.97 Million | $6.99 Billion | $2.47 Billion | $3.17 Billion | ▼ -1.3 pp |
| 2011 | -8.7% | $-667.55 Million | $7.69 Billion | $2.05 Billion | $2.71 Billion | — |