Michael Arougheti - Ares Capital Co-Chairman and Executive VP

ARCC Stock  USD 22.15  0.14  0.64%   

Chairman

Mr. Michael J. Arougheti is CoChairman of the Board of the Company. Mr. Arougheti has served as CoChairman of the Board since July 2014, as a director of the Company since 2009 and as an Executive Vice President of the Company since October 2014. Mr. Arougheti previously served as Chief Executive Officer of the Company from May 2013 to July 2014, and President of the Company from May 2004 to May 2013. Mr. Arougheti is a CoFounder and the Chief Executive Officer and President, as well as a Director of Ares. He is a member of the Ares Executive Management Committee, the sevenmember governing body which controls Ares and the Management Committee of Ares. In addition, Mr. Arougheti is a member of the Investment Committee of our investment adviser, Ares Credit Group U.S. Direct Lending Investment Committee, the Ares Equity Income Opportunity Strategy Portfolio Review Committee and the Management Committee of Ares. Mr. Arougheti may from time to time serve as an officer, director or principal of entities affiliated with Ares Management or of investment funds managed by Ares Management and its affiliates. From 2001 to 2004, Mr. Arougheti was employed by Royal Bank of Canada, where he was a Managing Partner of the Principal Finance Group of RBC Capital Partners and a member of the firm Mezzanine Investment Committee. At RBC Capital Partners, Mr. Arougheti oversaw an investment team that originated, managed and monitored a diverse portfolio of middlemarket leveraged loans, senior and junior subordinated debt, preferred equity and common stock and warrants on behalf of RBC and other third party institutional investors. Mr. Arougheti joined Royal Bank of Canada in October 2001 from Indosuez Capital, where he was a Principal, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. Mr. Arougheti also sat on the firm Investment Committee. Prior to joining Indosuez in 1994, Mr since 2014.
Age 52
Tenure 10 years
Address 1800 Avenue of the Stars, Los Angeles, CA, United States, 90067-4733
Phone310-201-4100
Webhttps://www.arescapitalcorp.com
Arougheti received a BA in Ethics, Politics and Economics, cum laude, from Yale University.

Michael Arougheti Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Arougheti against Ares Capital stock is an integral part of due diligence when investing in Ares Capital. Michael Arougheti insider activity provides valuable insight into whether Ares Capital is net buyers or sellers over its current business cycle. Note, Ares Capital insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ares Capital'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ares Capital Management Efficiency

The company has return on total asset (ROA) of 0.0536 % which means that it generated a profit of $0.0536 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1338 %, meaning that it created $0.1338 on every $100 dollars invested by stockholders. Ares Capital's management efficiency ratios could be used to measure how well Ares Capital manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.14, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Ares Capital's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 218.93, whereas Non Current Assets Total are forecasted to decline to about 9.5 M.
Ares Capital currently holds 11.94 B in liabilities with Debt to Equity (D/E) ratio of 1.27, which is about average as compared to similar companies. Ares Capital has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ares Capital's use of debt, we should always consider it together with its cash and equity.

Similar Executives

Found 12 records

CHAIRMAN Age

James LabeTriplepoint Venture Growth
67
Terry BrubakerGladstone Capital
80
Joshua EasterlySixth Street Specialty
48
David GladstoneGladstone Capital
82
Terry BrubakerGladstone Investment
80
David MagdolMain Street Capital
53
Robert LaddStellus Capital Investment
68
Vincent FosterMain Street Capital
63
David GladstoneGladstone Investment
82
Robert BadavasHercules Capital
67
JD CPAMain Street Capital
67
Robert PomeroyHorizon Technology Finance
73
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. The fund also seeks board representation in its portfolio companies. Ares Capital operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. Ares Capital (ARCC) is traded on NASDAQ Exchange in USA. It is located in 1800 Avenue of the Stars, Los Angeles, CA, United States, 90067-4733 and employs 17 people. Ares Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Ares Capital Leadership Team

Elected by the shareholders, the Ares Capital's board of directors comprises two types of representatives: Ares Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ares. The board's role is to monitor Ares Capital's management team and ensure that shareholders' interests are well served. Ares Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ares Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA CPA, CoPres
Michael Dieber, Partner
Mark Affolter, Partner
Bennett Rosenthal, Co-Founder and Co-Chairman
Won Cho, Chief Officer
Mitchell CPA, CoPresident
Michael Arougheti, Co-Chairman and Executive VP
Lisa Morgan, Chief Compliance Officer
Kort Schnabel, Partner CoPresident
Scott Lem, Chief Accounting Officer, Vice President Treasurer
Paul Cho, Chief Officer
Jana Markowicz, Chief Officer
James Miller, CoPresident
Joshua JD, General VP
Penelope Roll, Chief Officer
John Stilmar, MD Communications
Robert III, CEO Director

Ares Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ares Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ares Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ares Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ares Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ares Capital Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ares Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Ares Stock refer to our How to Trade Ares Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ares Capital. If investors know Ares will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ares Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
1.92
Earnings Share
2.6
Revenue Per Share
4.868
Quarterly Revenue Growth
0.183
The market value of Ares Capital is measured differently than its book value, which is the value of Ares that is recorded on the company's balance sheet. Investors also form their own opinion of Ares Capital's value that differs from its market value or its book value, called intrinsic value, which is Ares Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ares Capital's market value can be influenced by many factors that don't directly affect Ares Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ares Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ares Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ares Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.