Ares Commercial Real Estate (ACRE) Convertible Debt (2012 - 2015)
Ares Commercial Real Estate (ACRE) posted Convertible Debt of $68.9 million for Q3 2015, little changed on a QoQ basis from $68.7 million in Q2 2015, and up 0.91% year-over-year from $68.2 million in Q3 2014.
Analysis
Ares Commercial Real Estate (ACRE) Convertible Debt (2012 - 2015) Analysis & Trends
Ares Commercial Real Estate has reported Convertible Debt for 4 years, with the latest figure at $68.9 million in Q3 2015.
- On a quarterly basis, Convertible Debt rose 0.91% year-over-year to $68.9 million in Q3 2015; TTM through Sep 2015 was $68.9 million, a 0.91% increase from a year earlier, with the FY2014 full-year figure at $67.4 million, down 0.59% from the prior year.
- Convertible Debt was $68.9 million for Q3 2015 at Ares Commercial Real Estate, roughly flat from $68.7 million in the prior quarter.
- The five-year high for Convertible Debt was $68.9 million in Q3 2015, with the low at $67.3 million in Q4 2012.
- Average Convertible Debt over 4 years is $68.1 million, with a median of $68.1 million recorded in 2014.
- The sharpest annual moves came in 2014 and 2015: Convertible Debt declined 0.59% in 2014, then grew 0.91% in 2015.
- Over 4 years, Convertible Debt stood at $67.3 million in 2012, then grew by 0.78% to $67.8 million in 2013, then retreated by 0.59% to $67.4 million in 2014, then climbed by 2.15% to $68.9 million in 2015.
- The last three Convertible Debt figures came in at $68.9 million (Q3 2015), $68.7 million (Q2 2015), and $68.5 million (Q1 2015), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Ares Commercial Real Estate | 250.81 Mn | 209.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2015 | 68.86 Mn |
| Jun 30, 2015 | 68.70 Mn |
| Mar 31, 2015 | 68.54 Mn |
| Dec 31, 2014 | 67.41 Mn |
| Sep 30, 2014 | 68.24 Mn |
| Jun 30, 2014 | 68.09 Mn |
| Mar 31, 2014 | 67.95 Mn |
| Dec 31, 2013 | 67.82 Mn |
| Dec 31, 2012 | 67.29 Mn |