Abacus Income Quality vs Interest Coverage Analysis

AME Stock

CAD 0.02 0.00 0.00%

Abacus Mining financial indicator trend analysis is way more than just evaluating Abacus Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abacus Mining is a good investment. Please check the relationship between Abacus Mining Income Quality and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Mining and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Quality vs Interest Coverage

Income Quality vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Mining Income Quality account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Abacus Mining's Income Quality and Interest Coverage is -0.12. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Abacus Mining and, assuming nothing else is changed. The correlation between historical values of Abacus Mining's Income Quality and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Abacus Mining and are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Income Quality i.e., Abacus Mining's Income Quality and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Interest Coverage

Most indicators from Abacus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abacus Mining 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 Mining and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Issuance Of Capital Stock is likely to climb to about 859 K in 2025, whereas Selling General Administrative is likely to drop slightly above 325.6 K in 2025.

Abacus Mining fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Total Current Liabilities	Accounts Payable	Net Receivables	Short Term Investments	Short Long Term Debt Total	Short Term Debt	Inventory	Other Current Liab	Common Stock	Net Tangible Assets	Other Assets	Long Term Investments
Total Assets		0.97	-0.27	-0.74	0.7	0.53	1.0	0.6	0.59	-0.48	-0.42	0.63	-0.73	0.69	-0.6	-0.06	0.61	-0.45	-0.62	-0.62	-0.16	0.15	-0.48	0.86	0.59	0.89
Total Stockholder Equity	0.97		-0.1	-0.88	0.83	0.63	0.96	0.63	0.7	-0.66	-0.28	0.65	-0.87	0.78	-0.74	-0.05	0.58	-0.59	-0.77	-0.77	0.03	0.22	-0.63	0.95	0.71	0.92
Property Plant And Equipment Net	-0.27	-0.1		-0.18	0.46	0.36	-0.29	-0.19	0.35	-0.24	0.95	-0.14	-0.18	0.28	-0.06	0.1	-0.18	-0.48	-0.33	-0.33	0.99	0.28	-0.17	0.2	0.35	0.1
Net Debt	-0.74	-0.88	-0.18		-0.88	-0.71	-0.73	-0.51	-0.76	0.91	0.04	-0.58	0.99	-0.83	0.88	-0.09	-0.52	0.76	0.89	0.88	-0.33	-0.38	0.85	-0.92	-0.78	-0.81
Retained Earnings	0.7	0.83	0.46	-0.88		0.76	0.68	0.43	0.81	-0.74	0.29	0.5	-0.88	0.85	-0.71	0.03	0.43	-0.78	-0.9	-0.9	0.58	0.38	-0.66	0.95	0.82	0.87
Cash	0.53	0.63	0.36	-0.71	0.76		0.5	0.21	0.99	-0.66	0.2	-0.01	-0.7	0.95	-0.63	-0.19	0.25	-0.33	-0.71	-0.72	0.46	0.08	-0.56	0.7	0.37	0.76
Non Current Assets Total	1.0	0.96	-0.29	-0.73	0.68	0.5		0.61	0.57	-0.46	-0.44	0.64	-0.72	0.66	-0.59	-0.06	0.61	-0.44	-0.6	-0.61	-0.18	0.14	-0.47	0.85	0.58	0.88
Non Currrent Assets Other	0.6	0.63	-0.19	-0.51	0.43	0.21	0.61		0.28	-0.3	-0.29	0.7	-0.55	0.29	-0.36	-0.21	0.19	-0.51	-0.36	-0.36	-0.12	-0.17	-0.26	0.51	0.61	0.36
Cash And Short Term Investments	0.59	0.7	0.35	-0.76	0.81	0.99	0.57	0.28		-0.69	0.18	0.07	-0.77	0.96	-0.67	-0.22	0.24	-0.39	-0.76	-0.76	0.47	0.07	-0.6	0.76	0.44	0.81
Common Stock Shares Outstanding	-0.48	-0.66	-0.24	0.91	-0.74	-0.66	-0.46	-0.3	-0.69		-0.02	-0.35	0.91	-0.72	0.93	-0.04	-0.34	0.63	0.85	0.84	-0.4	-0.3	0.9	-0.72	-0.57	-0.64
Other Current Assets	-0.42	-0.28	0.95	0.04	0.29	0.2	-0.44	-0.29	0.18	-0.02		-0.24	0.03	0.1	0.14	0.07	-0.28	-0.31	-0.2	-0.21	0.9	0.2	-0.02	0.02	0.2	-0.07
Other Stockholder Equity	0.63	0.65	-0.14	-0.58	0.5	-0.01	0.64	0.7	0.07	-0.35	-0.24		-0.56	0.25	-0.36	0.38	0.66	-0.78	-0.44	-0.44	-0.07	0.47	-0.4	0.64	0.84	0.43
Total Liab	-0.73	-0.87	-0.18	0.99	-0.88	-0.7	-0.72	-0.55	-0.77	0.91	0.03	-0.56		-0.81	0.9	0.01	-0.44	0.74	0.88	0.88	-0.34	-0.28	0.84	-0.91	-0.76	-0.8
Total Current Assets	0.69	0.78	0.28	-0.83	0.85	0.95	0.66	0.29	0.96	-0.72	0.1	0.25	-0.81		-0.69	0.02	0.51	-0.5	-0.8	-0.8	0.4	0.31	-0.66	0.85	0.56	0.87
Total Current Liabilities	-0.6	-0.74	-0.06	0.88	-0.71	-0.63	-0.59	-0.36	-0.67	0.93	0.14	-0.36	0.9	-0.69		0.15	-0.32	0.52	0.82	0.8	-0.23	-0.15	0.83	-0.74	-0.51	-0.69
Accounts Payable	-0.06	-0.05	0.1	-0.09	0.03	-0.19	-0.06	-0.21	-0.22	-0.04	0.07	0.38	0.01	0.02	0.15		0.68	-0.36	-0.03	-0.03	0.09	0.91	-0.16	0.1	0.33	-0.04
Net Receivables	0.61	0.58	-0.18	-0.52	0.43	0.25	0.61	0.19	0.24	-0.34	-0.28	0.66	-0.44	0.51	-0.32	0.68		-0.48	-0.42	-0.42	-0.11	0.76	-0.44	0.6	0.55	0.55
Short Term Investments	-0.45	-0.59	-0.48	0.76	-0.78	-0.33	-0.44	-0.51	-0.39	0.63	-0.31	-0.78	0.74	-0.5	0.52	-0.36	-0.48		0.69	0.69	-0.56	-0.57	0.62	-0.76	-0.95	-0.52
Short Long Term Debt Total	-0.62	-0.77	-0.33	0.89	-0.9	-0.71	-0.6	-0.36	-0.76	0.85	-0.2	-0.44	0.88	-0.8	0.82	-0.03	-0.42	0.69		1.0	-0.47	-0.36	0.85	-0.86	-0.7	-0.77
Short Term Debt	-0.62	-0.77	-0.33	0.88	-0.9	-0.72	-0.61	-0.36	-0.76	0.84	-0.21	-0.44	0.88	-0.8	0.8	-0.03	-0.42	0.69	1.0		-0.47	-0.36	0.85	-0.86	-0.7	-0.78
Inventory	-0.16	0.03	0.99	-0.33	0.58	0.46	-0.18	-0.12	0.47	-0.4	0.9	-0.07	-0.34	0.4	-0.23	0.09	-0.11	-0.56	-0.47	-0.47		0.31	-0.31	0.33	0.43	0.23
Other Current Liab	0.15	0.22	0.28	-0.38	0.38	0.08	0.14	-0.17	0.07	-0.3	0.2	0.47	-0.28	0.31	-0.15	0.91	0.76	-0.57	-0.36	-0.36	0.31		-0.39	0.41	0.56	0.26
Common Stock	-0.48	-0.63	-0.17	0.85	-0.66	-0.56	-0.47	-0.26	-0.6	0.9	-0.02	-0.4	0.84	-0.66	0.83	-0.16	-0.44	0.62	0.85	0.85	-0.31	-0.39		-0.69	-0.56	-0.61
Net Tangible Assets	0.86	0.95	0.2	-0.92	0.95	0.7	0.85	0.51	0.76	-0.72	0.02	0.64	-0.91	0.85	-0.74	0.1	0.6	-0.76	-0.86	-0.86	0.33	0.41	-0.69		0.83	0.93
Other Assets	0.59	0.71	0.35	-0.78	0.82	0.37	0.58	0.61	0.44	-0.57	0.2	0.84	-0.76	0.56	-0.51	0.33	0.55	-0.95	-0.7	-0.7	0.43	0.56	-0.56	0.83		0.59
Long Term Investments	0.89	0.92	0.1	-0.81	0.87	0.76	0.88	0.36	0.81	-0.64	-0.07	0.43	-0.8	0.87	-0.69	-0.04	0.55	-0.52	-0.77	-0.78	0.23	0.26	-0.61	0.93	0.59

Click cells to compare fundamentals

Abacus Mining Account Relationship Matchups

Abacus Mining fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.5M	5.8M	5.6M	7.9M	9.1M	8.6M
Total Stockholder Equity	(12.9M)	(16.5M)	(18.8M)	(19.9M)	(17.9M)	(17.0M)
Property Plant And Equipment Net	432.1K	496.1K	642.3K	873.5K	786.2K	746.9K
Net Debt	18.6M	21.9M	24.2M	27.4M	31.6M	33.1M
Retained Earnings	(107.4M)	(112.9M)	(116.2M)	(117.9M)	(106.1M)	(100.8M)
Cash	628.5K	58.0K	76.7K	64.9K	58.4K	55.5K
Non Current Assets Total	5.9M	5.7M	5.5M	7.8M	9.0M	8.5M
Cash And Short Term Investments	628.5K	58.0K	76.7K	64.9K	58.4K	55.5K
Common Stock Shares Outstanding	67.0M	82.6M	98.1M	113.9M	131.0M	137.5M
Liabilities And Stockholders Equity	6.5M	5.8M	5.6M	7.9M	9.1M	8.6M
Other Current Assets	25.7K	29.8K	33.6K	29.1K	26.2K	48.1K
Other Stockholder Equity	5.5M	5.5M	5.7M	6.1M	5.5M	5.2M
Total Liab	19.5M	22.2M	24.5M	27.8M	31.9M	33.5M
Total Current Assets	679.5K	102.5K	116.6K	99.5K	89.6K	85.1K
Total Current Liabilities	19.5M	22.2M	24.5M	27.8M	31.9M	33.5M
Accounts Payable	173.6K	373.0K	207.2K	244.7K	220.2K	182.9K
Net Receivables	25.3K	14.7K	6.2K	5.6K	5.0K	4.8K
Short Long Term Debt Total	19.3M	22.0M	24.2M	27.5M	31.6M	16.1M
Short Term Debt	19.3M	22.0M	24.2M	27.5M	31.6M	16.0M
Accumulated Other Comprehensive Income	5.7M	6.1M	6.3M	6.3M	7.3M	7.6M
Other Current Liab	207.2K	244.7K	221.5K	253.2K	227.8K	216.4K
Common Stock	88.8M	90.4M	91.1M	91.7M	105.4M	95.1M
Net Tangible Assets	(9.5M)	(11.5M)	(12.9M)	(16.5M)	(14.8M)	(14.1M)
Long Term Investments	5.4M	5.2M	4.9M	6.9M	6.2M	5.9M
Property Plant Equipment	226.9K	263.0K	432.1K	496.1K	570.6K	599.1K
Short Long Term Debt	19.3M	22.0M	24.2M	27.5M	31.7M	19.9M
Net Invested Capital	6.3M	5.5M	5.4M	7.7M	6.9M	5.1M
Net Working Capital	(18.8M)	(22.1M)	(24.4M)	(27.7M)	(24.9M)	(26.1M)
Capital Stock	88.8M	90.4M	91.1M	91.7M	105.4M	98.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Abacus Stock Analysis

When running Abacus Mining's price analysis, check to measure Abacus Mining'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 Mining is operating at the current time. Most of Abacus Mining's value examination focuses on studying past and present price action to predict the probability of Abacus Mining'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 Mining's price. Additionally, you may evaluate how the addition of Abacus Mining to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC