ARCC: the balance sheet

MyFinsight

For the year ending 2025-12-31, ARCC has $31,235M in assets. $16,917M in debts. $638M in cash and cash equivalents.

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Investment Unaffiliated Issuer	24,872	22,145	18,283	-
Investment Affiliated Issuer Noncontrolled	600	707	424	-
Investment Affiliated Issuer Controlled	4,013	3,868	4,167	-
Fair value	29,485	26,720	22,874	21,780
Cash and cash equivalents	638	635	535	303
Restricted cash	286	225	29	34
Interest receivable	288	292	245	176
Receivable for open trades	317	224	16	-
Other assets	221	158	91	81
Operating lease right-of-use asset	-	-	10	20
Total assets	31,235	28,254	23,800	22,398

Debt	15,991	13,727	11,884	12,210
Base management fee payable	111	100	84	79
Income based fee payable	89	91	90	81
Capital gains incentive fee payable	82	105	88	-
Interest and facility fees payable	193	170	132	105
Payable to participants	131	163	29	34
Interest rate swap collateral payable	155	-	-	-
Payable for open trades	5	236	7	-
Accounts payable and other liabilities	132	275	234	167
Deferred tax liabilities	28	-	-	-
Secured borrowings	0	32	34	79
Operating lease liabilities	-	-	17	31
Total liabilities	16,917	14,899	12,599	12,843
Common stock, par value 0.001 per share, 1,000 common shares authorized 718 and 672 common shares issued and outstanding, respectively	1	1	1	1
Capital in excess of par value	13,359	12,502	10,738	9,556
Accumulated (overdistributed) undistributed earnings	-	-	-	-2
Accumulated undistributed earnings	958	852	462	-
Total stockholders equity	14,318	13,355	11,201	9,555
Total liabilities and stockholders equity	31,235	28,254	23,800	22,398

Unit: Million (M) dollars (except for numbers of shares and EPS).