What is Ares Management Corporation's tradable credit group — goodwill?

Ares Management Corporation (ARES) reported tradable credit group — goodwill of $254.90M in Q3 2023.

How has Ares Management Corporation's tradable credit group — goodwill changed year-over-year?

Ares Management Corporation's tradable credit group — goodwill increased by 691.7% year-over-year, from $32.20M to $254.90M.

What does tradable credit group — goodwill mean?

The value of intangible assets like brand and client relationships acquired through business combinations in the Tradable Credit Group.

Discontinued — last reported Q3 '23

Business Segments · Goodwill

Tradable Credit Group — Goodwill

Ares Management Corporation Tradable Credit Group — Goodwill decreased by 0.1% to $254.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 691.7%, from $32.20M to $254.90M.

Analysis

StatementSegment

CategoryRisk

SignalContext dependent

VolatilityStable

First reportedQ4 2013

Last reportedQ3 2023

Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease may indicate impairment charges due to declining business performance or market conditions.

Detailed definition

Represents the excess of the purchase price over the fair value of identifiable net assets acquired within the Tradable...

Peer comparison

Common in asset managers that grow through M&A; peers like Blackstone or KKR report similar goodwill figures.

Metric ID: ares_segment_tradable_credit_group_goodwill

Historical Data

10 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23
Value	$32.20M	$32.20M	$32.20M	$32.20M	$32.20M	$32.20M	$32.20M	$256.04M	$255.12M	$254.90M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+695.3%	-0.4%	-0.1%
YoY Change	—	—	—	—	+0.0%	+0.0%	+0.0%	+695.3%	+692.4%	+691.7%

Range$32.20M – $256.04M

CAGR+150.8%

Avg YoY Growth+346.6%

Median YoY Growth+345.9%

Current Streak2 quarters decline

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Frequently Asked Questions

What is Ares Management Corporation's tradable credit group — goodwill?: Ares Management Corporation (ARES) reported tradable credit group — goodwill of $254.90M in Q3 2023.
How has Ares Management Corporation's tradable credit group — goodwill changed year-over-year?: Ares Management Corporation's tradable credit group — goodwill increased by 691.7% year-over-year, from $32.20M to $254.90M.
What does tradable credit group — goodwill mean?: The value of intangible assets like brand and client relationships acquired through business combinations in the Tradable Credit Group.