Discontinued — last reported Q2 '23
Business Segments · Interest and other income of Consolidated Funds
Other — Interest and other income of Consolidated Funds
Ares Management Corporation Other — Interest and other income of Consolidated Funds decreased by 409.5% to -$3.70M in Q2 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ2 2023Aug 3, 2023
Rolls up toInterest Income
How to read this metric
Higher income reflects strong performance of the underlying assets within the consolidated fund structures.
Detailed definition
Includes interest and other income generated by investment funds that are consolidated into the company's financial stat...
Peer comparison
Typical for asset managers that consolidate funds under GAAP accounting standards.
Metric ID:
ares_segment_other_interest_and_other_income_of_consolidated_fundsHistorical Data
4 periods
| Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|
| Value | -$4.92M | -$268.00K | $1.19M | -$3.70M |
| QoQ Change | — | +94.6% | +545.5% | -409.5% |
| YoY Change | — | — | +124.3% | <-999% |
Range-$4.92M – $1.19M
Avg YoY Growth-577.4%
Median YoY Growth-577.4%
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Frequently Asked Questions
- What is Ares Management Corporation's other — interest and other income of consolidated funds?
- Ares Management Corporation (ARES) reported other — interest and other income of consolidated funds of -$3.70M in Q2 2023.
- What does other — interest and other income of consolidated funds mean?
- Income earned by investment funds that the company is required to consolidate on its balance sheet.