Abacus Capital Lease Obligations vs Total Assets Analysis
| ABL Stock | 7.55 1.16 13.32% |
Abacus Life financial indicator trend analysis is way more than just evaluating Abacus Life prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abacus Life is a good investment. Please check the relationship between Abacus Life Capital Lease Obligations and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.
Capital Lease Obligations vs Total Assets
Capital Lease Obligations vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life Capital Lease Obligations account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Abacus Life's Capital Lease Obligations and Total Assets is 0.99. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Assets in the same time period over historical financial statements of Abacus Life, assuming nothing else is changed. The correlation between historical values of Abacus Life's Capital Lease Obligations and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Abacus Life are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Lease Obligations i.e., Abacus Life's Capital Lease Obligations and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Lease Obligations
Abacus Life capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Abacus Life asset purchases. For example, Abacus Life can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Abacus Life control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Assets
Total assets refers to the total amount of Abacus Life assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Abacus Life books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Abacus Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abacus Life current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.Tax Provision is expected to rise to about 1.5 M this year, although the value of Selling General Administrative will most likely fall to about 13.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 31.2K | 4.3K | 3.4M | 3.6M | Interest Income | 11.5K | 2.2K | 594.8K | 624.5K |
Abacus Life fundamental ratios Correlations
Click cells to compare fundamentals
Abacus Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abacus Life. If investors know Abacus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abacus Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (0.22) | Revenue Per Share 1.547 | Quarterly Revenue Growth 0.333 | Return On Assets 0.0336 |
The market value of Abacus Life is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus Life's value that differs from its market value or its book value, called intrinsic value, which is Abacus Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abacus Life's market value can be influenced by many factors that don't directly affect Abacus Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abacus Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.