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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see ARES current and non-current assets.
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. Check Ares Management LP (ARES) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |