Abacus Short Long Term Debt Total vs Net Invested Capital Analysis
| ABLLW Stock | 1.12 0.01 0.88% |
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 Short Long Term Debt Total and its Net Invested Capital 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.
Short Long Term Debt Total vs Net Invested Capital
Short Long Term Debt Total vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life Short Long Term Debt Total account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Abacus Life's Short Long Term Debt Total and Net Invested Capital is 0.99. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Invested Capital 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 Short Long Term Debt Total and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Abacus Life are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Long Term Debt Total i.e., Abacus Life's Short Long Term Debt Total and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Short Long Term Debt Total
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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
Click cells to compare fundamentals
Abacus Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.