Real Estate - REIT - Mortgage - NYSE - US
$ 6.9
-1.29 %
$ 376 M
Market Cap
-5.85
P/E
CASH FLOW STATEMENT
46.8 M
OPERATING CASH FLOW
127 M
INVESTING CASH FLOW
-205 M
FINANCING CASH FLOW
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ares Commercial Real Estate Corporation
| Net Income | -38.9 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 3.99 M |
| Change in Working Capital | -19.5 M |
| Others | 81.7 M |
| Free Cash Flow | 46.8 M |
Cash Flow
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OPERATING CASH FLOW | ||||||||||||
| Net Income | (38.9) | 29.8 | 60.5 | 21.8 | 37.0 | 38.6 | 30.4 | 34.7 | 43.3 | 24.6 | 13.8 | 0.9 |
| Depreciation & Amortization | 0 | (1.0) | 9.9 | 0.9 | 0.7 | 5.7 | 7.6 | 0.2 | 0.2 | 0.2 | 38 K | 0.7 |
| Deferred Income Tax | 0 | 0 | (9.9) | 23.3 | (0.7) | (5.7) | (6.8) | 2.0 | 2.1 | 93 K | 61 K | (0.6) |
| Stock Based Compensation | 4.0 | 2.9 | 1.9 | 1.3 | 1.9 | 1.1 | 0.6 | 0.3 | 0.8 | 0.9 | 0.5 | 0.3 |
| Other Operating Activities | 101.2 | 40.6 | 2.3 | (0.1) | 0.2 | (1.2) | 1.0 | (71.9) | 166.3 | (192.6) | 10.5 | 0.3 |
| Change in Working Capital | (19.5) | (15.1) | (16.3) | (15.5) | (6.6) | 0.7 | (1.5) | 43.3 | 62.7 | (56.2) | 0.6 | 0.4 |
| Cash From Operations | 46.8 | 57.2 | 48.4 | 31.8 | 32.5 | 39.2 | 31.3 | 8.5 | 275.5 | (222.9) | 25.4 | 2.0 |
| INVESTING CASH FLOW | ||||||||||||
| Capital Expenditures | 0 | 0 | (0.1) | (0.3) | (1.7) | 0 | 0 | (0.4) | (0.6) | (3.1) | 41 K | 0 |
| Other Items | 127.5 | 193.2 | (699.5) | (81.6) | (172.7) | 157.9 | (405.8) | (43.0) | 258.9 | (430.0) | (745.7) | (348.2) |
| Cash From Investing Activities | 127.5 | 193.2 | (699.7) | (81.9) | (174.4) | 157.9 | (405.8) | (43.3) | 258.3 | (433.1) | (745.7) | (348.2) |
| FINANCING CASH FLOW | ||||||||||||
| Common Stock Repurchased | (4.6) | 0 | 0 | 0 | 0 | 0 | 0 | (1.4) | 0 | 0 | 0 | (6.3) |
| Total Debt Repaid | (120.5) | (189.5) | 494.2 | 94.1 | 179.4 | (180.0) | 405.2 | 150.4 | (472.9) | 614.3 | 500.7 | 213.3 |
| Dividends Paid | (76.0) | (71.8) | (58.4) | (42.8) | (37.5) | (32.1) | (30.5) | (29.4) | (28.6) | (28.6) | (18.6) | (1.7) |
| Other Financing Activities | (4.0) | 101.6 | (13.4) | (5.4) | (5.8) | (2.3) | (19.1) | (46.5) | (40.0) | 66.8 | (15.9) | (9.1) |
| Cash From Financing Activities | (205.1) | (159.7) | 627.2 | 119.2 | 136.1 | (214.4) | 355.6 | 73.1 | (541.4) | 652.4 | 717.0 | 368.4 |
| CHANGE IN CASH | ||||||||||||
| Net Change In Cash | (30.8) | 90.7 | (24.2) | 69.1 | (5.8) | (17.3) | (18.9) | 38.3 | (7.6) | (3.5) | (3.3) | 22.1 |
| FREE CASH FLOW | ||||||||||||
| Free Cash Flow | 46.8 | 57.2 | 48.2 | 31.5 | 30.8 | 39.2 | 31.3 | 8.2 | 274.9 | (226.0) | 25.4 | 2.0 |