Ares Capital is a closed-end, non-diversified management investment company. Co.'s investment objective is to generate both current income and capital appreciation through debt and equity investments. We show 52 historical shares outstanding datapoints in our ARCC shares outstanding history coverage, used to compute ARCC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ARCC market cap history over the course of time is important for investors
interested in comparing ARCC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ARCC versus a peer is one thing; comparing
ARCC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ARCC can fluctuate over the course of history.
With this page we aim to empower investors researching ARCC by allowing them to research the ARCC market cap history. |