ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. financial data

Location
1200 17 Th Street, Suite 2900, Denver, CO
State of incorporation
MD
Fiscal year end
December 31
Former names
BLACK CREEK INDUSTRIAL REIT IV Inc. (to 1/31/2022), INDUSTRIAL LOGISTICS REALTY TRUST INC. (to 5/9/2017), LOGISTICS PROPERTY TRUST INC. (to 5/11/2016)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 295 % +56.9%
Return On Equity -7.68 % +19.5%
Return On Assets -1.97 % +39.8%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 0 USD
Weighted Average Number of Shares Outstanding, Basic 278M shares -10.4%
Weighted Average Number of Shares Outstanding, Diluted 320M shares +0.44%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 499M USD +12.3%
General and Administrative Expense 16.5M USD +13%
Costs and Expenses 501M USD -3.16%
Nonoperating Income (Expense) -153M USD +8.44%
Net Income (Loss) Attributable to Parent -145M USD +38.3%
Earnings Per Share, Basic -0.49 USD/shares +33.8%
Earnings Per Share, Diluted -0.49 USD/shares +33.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 31.4M USD -40.2%
Assets 7.37B USD +1.71%
Liabilities 5.38B USD +10.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 46.1M USD -34.9%
Retained Earnings (Accumulated Deficit) -1.22B USD -32.5%
Stockholders' Equity Attributable to Parent 1.67B USD -26.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.88B USD -17%
Liabilities and Equity 7.37B USD +1.71%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 13.6M USD
Net Cash Provided by (Used in) Financing Activities 69M USD -47.4%
Net Cash Provided by (Used in) Investing Activities 14.3M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 96.9M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 34.5M USD -34.9%
Depreciation 216M USD +6.17%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -163M USD +14.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 200M shares 0%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 78.6M USD -10.9%
Interest Expense 198M USD +11.8%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%