What does global market strategies — unfunded commitment mean?

Capital committed by investors that is available for the firm to invest.

How do you interpret global market strategies — unfunded commitment?

An increase indicates higher future investment capacity, while a decrease may signal that capital is nearing full deployment.

How does global market strategies — unfunded commitment compare across companies?

Standard metric for all alternative asset managers to track capital deployment capacity.

The Carlyle Group CG Global Market Strategies — Unfunded Commitment

Discontinued — last reported Q3 '17

Similar metrics at other companies

KKRUnfunded commitments

$9.1B-15.7%

ARESUnfunded capital commitments

$1.52B-2.3%

AFGCommitments to fund credit facilities and limited partnerships

$616M+6.6%

KKRAsset Management and Strategic Holdings — Commitment to unconsolidated investment funds

$1.7B-46.9%

ARESReal Estate Group — Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments

$48,816,000.00-0.7%

ARESNon-core investments — Unfunded commitments

$3,755,464,000.00+245%

Other financials

Income statement

See full

Revenue$254.0M-73.9%

Net income-$132.2M-202%

EPS (diluted)-$0.37-206%

Balance sheet

See full

Cash & equivalents$1.7B+40.3%

Total debt$466.8M-6.8%

Total equity$7.4B+15.5%

Total assets$29.8B+23.8%

Cash flow

See full

Operating cash flow-$1.2B-253%

CapEx$28.1M+68.3%

Free cash flow-$1.3B-244%

Valuation

See full

Market cap$16.13B+11.0%

Enterprise value$14.91B+8.1%

P/E29.5×+16.1×

P/S4×+1.4×

Profitability

See full

Net margin13.5%-5.5pp

FCF margin-105.3%—

Returns & leverage

See full

Return on equity7.9%-9.9pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by The Carlyle Group in its filing.

Tagged under the XBRL concept cg:UnfundedCommitment.

The official record: The Carlyle Group’s 10-Q, filed October 31, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does global market strategies — unfunded commitment mean?: Capital committed by investors that is available for the firm to invest.
How do you interpret global market strategies — unfunded commitment?: An increase indicates higher future investment capacity, while a decrease may signal that capital is nearing full deployment.
How does global market strategies — unfunded commitment compare across companies?: Standard metric for all alternative asset managers to track capital deployment capacity.