Ares Acquisition Corp
Industrials · Fabricated Plate Work (Boiler Shops) · E9 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$7.3M | −$6.5M | −$13,845 |
| Net income | $21.0M | $15.8M | −$13,845 |
| Total assets | $1.01B | $1.00B | $523,475 |
| Total liabilities | $61.2M | $70.2M | $512,320 |
| Equity | −$61.0M | −$68.7M | $0 |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- —
- Return on equity
- −34.4%
- Return on assets
- 2.1%
- Return on capital (ROCE)
- −0.7%
- Liabilities / assets
- 6.0%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 32.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -1.35distress
- Accruals / assets
- 2.3%clean
- Piotroski F-Score
- 3/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 1 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Other material eventNov 3, 2023
- Other material eventOct 31, 2023
- Entered a material agreement · Terminated a material agreement · Regulation FD disclosureOct 31, 2023
- Entered a material agreement · Unregistered equity sale · Regulation FD disclosureSep 13, 2023
- Amended charter or bylaws · Shareholder vote · Other material eventAug 1, 2023
- Entered a material agreement · New financial obligation · Other material eventJul 24, 2023
- Regulation FD disclosureJun 28, 2023
- Entered a material agreement · Regulation FD disclosureJun 12, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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