Abacus Total Assets vs Total Stockholder Equity Analysis
| ABLLL Stock | 26.38 0.12 0.45% |
Abacus Life, financial indicator trend analysis is way more than just evaluating Abacus Life, 9875 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abacus Life, 9875 is a good investment. Please check the relationship between Abacus Life, Total Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Life, 9875. 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 economic analysis.
Total Assets vs Total Stockholder Equity
Total Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life, 9875 Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Abacus Life,'s Total Assets and Total Stockholder Equity is -0.64. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Abacus Life, 9875, assuming nothing else is changed. The correlation between historical values of Abacus Life,'s Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Abacus Life, 9875 are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Abacus Life,'s Total Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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, 9875 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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, 9875 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, 9875. 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 economic analysis. At this time, Abacus Life,'s Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 27.8 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.20.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 11.7M | 3.4M | 4.7M | Interest Income | 11.5K | 1.5K | 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.
The market value of Abacus Life, 9875 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.