Abacus Net Profit Margin vs Gross Profit Margin Analysis
| ABLLW Stock | 1.22 0.02 1.67% |
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 Net Profit Margin and its Gross Profit Margin 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 economic analysis. For more information on how to buy Abacus Stock please use our How to Invest in Abacus Life guide.
Net Profit Margin vs Gross Profit Margin
Net Profit Margin vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life Net Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Abacus Life's Net Profit Margin and Gross Profit Margin is -0.14. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Gross Profit Margin 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 Net Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of Abacus Life are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Profit Margin i.e., Abacus Life's Net Profit Margin and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.14 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Gross Profit Margin
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 economic analysis. For more information on how to buy Abacus Stock please use our How to Invest in Abacus Life guide.At this time, Abacus Life's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 27.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 534.7 K in 2024.
| 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
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Abacus Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.