Abacus Return On Tangible Assets from 2010 to 2024

ABLLW Stock   1.15  0.23  16.67%   
Abacus Life Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.06 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.0587751
Current Value
0.0558
Quarterly Volatility
0.14166628
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abacus Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abacus Life's main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Interest Income of 624.5 K or Depreciation And Amortization of 4.7 M, as well as many indicators such as Price To Sales Ratio of 16.75, Dividend Yield of 7.0E-4 or PTB Ratio of 3.39. Abacus financial statements analysis is a perfect complement when working with Abacus Life Valuation or Volatility modules.
  
Check out the analysis of Abacus Life Correlation against competitors.
For more information on how to buy Abacus Stock please use our How to Invest in Abacus Life guide.

Latest Abacus Life's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Abacus Life over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Abacus Life's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Abacus Life's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Abacus Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.01
Coefficient Of Variation237.77
Mean Deviation0.08
Median0
Standard Deviation0.14
Sample Variance0.02
Range0.5334
R-Value0.47
Mean Square Error0.02
R-Squared0.22
Significance0.08
Slope0.01
Total Sum of Squares0.28

Abacus Return On Tangible Assets History

2024 0.0558
2023 0.0588
2022 0.54
2021 0.2

About Abacus Life Financial Statements

Abacus Life investors use historical fundamental indicators, such as Abacus Life's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Abacus Life. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.06  0.06 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Abacus Stock Analysis

When running Abacus Life's price analysis, check to measure Abacus Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abacus Life is operating at the current time. Most of Abacus Life's value examination focuses on studying past and present price action to predict the probability of Abacus Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Life's price. Additionally, you may evaluate how the addition of Abacus Life to your portfolios can decrease your overall portfolio volatility.