Abacus Net Receivables vs Non Current Liabilities Total Analysis

ABLLW Stock   1.12  0.02  1.82%   
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 Receivables and its Non Current Liabilities Total 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 Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Abacus Life's Net Receivables and Non Current Liabilities Total is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total 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 Receivables and Non Current Liabilities Total 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 Receivables of Abacus Life are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Abacus Life's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Non Current Liabilities Total

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 Amortization1.4M11.7M3.4M4.7M
Interest Income11.5K1.5K594.8K624.5K

Abacus Life fundamental ratios Correlations

1.00.990.991.00.99-0.630.99-0.850.711.00.85-0.710.730.990.990.940.990.740.380.881.00.990.740.440.99
1.00.990.991.00.98-0.630.99-0.840.721.00.87-0.720.750.980.990.930.990.750.40.881.00.990.750.440.99
0.990.990.980.990.98-0.550.98-0.820.730.990.87-0.790.750.990.980.891.00.810.420.930.990.980.760.350.98
0.990.990.980.991.0-0.621.0-0.910.621.00.79-0.670.651.01.00.940.990.710.270.860.991.00.660.381.0
1.01.00.990.990.99-0.640.99-0.860.71.00.85-0.70.730.990.990.940.990.730.370.871.00.990.730.450.99
0.990.980.981.00.99-0.581.0-0.910.610.990.77-0.690.641.00.990.930.990.730.260.870.991.00.650.331.0
-0.63-0.63-0.55-0.62-0.64-0.58-0.650.64-0.41-0.64-0.480.01-0.44-0.57-0.66-0.82-0.56-0.05-0.03-0.26-0.63-0.65-0.44-0.91-0.65
0.990.990.981.00.991.0-0.65-0.910.621.00.79-0.650.650.991.00.960.990.680.270.840.991.00.660.411.0
-0.85-0.84-0.82-0.91-0.86-0.910.64-0.91-0.26-0.88-0.460.37-0.3-0.9-0.91-0.9-0.86-0.410.16-0.61-0.85-0.91-0.31-0.28-0.91
0.710.720.730.620.70.61-0.410.62-0.260.670.96-0.811.00.630.630.530.680.810.870.810.710.621.00.510.62
1.01.00.991.01.00.99-0.641.0-0.880.670.82-0.680.690.991.00.950.990.720.330.861.01.00.70.421.0
0.850.870.870.790.850.77-0.480.79-0.460.960.82-0.830.960.780.790.70.830.840.80.890.860.780.970.50.78
-0.71-0.72-0.79-0.67-0.7-0.690.01-0.650.37-0.81-0.68-0.83-0.81-0.71-0.65-0.42-0.75-1.0-0.71-0.96-0.71-0.65-0.820.04-0.65
0.730.750.750.650.730.64-0.440.65-0.31.00.690.96-0.810.650.660.560.70.820.850.820.740.641.00.520.65
0.990.980.991.00.991.0-0.570.99-0.90.630.990.78-0.710.650.990.921.00.750.280.880.990.990.660.320.99
0.990.990.981.00.990.99-0.661.0-0.910.631.00.79-0.650.660.990.950.990.690.260.840.991.00.670.431.0
0.940.930.890.940.940.93-0.820.96-0.90.530.950.7-0.420.560.920.950.910.470.170.660.940.960.560.60.95
0.990.991.00.990.990.99-0.560.99-0.860.680.990.83-0.750.71.00.990.910.780.350.910.990.990.710.330.99
0.740.750.810.710.730.73-0.050.68-0.410.810.720.84-1.00.820.750.690.470.780.690.970.750.680.83-0.010.69
0.380.40.420.270.370.26-0.030.270.160.870.330.8-0.710.850.280.260.170.350.690.610.390.260.840.280.27
0.880.880.930.860.870.87-0.260.84-0.610.810.860.89-0.960.820.880.840.660.910.970.610.880.840.830.130.84
1.01.00.990.991.00.99-0.630.99-0.850.711.00.86-0.710.740.990.990.940.990.750.390.880.990.740.440.99
0.990.990.981.00.991.0-0.651.0-0.910.621.00.78-0.650.640.991.00.960.990.680.260.840.990.660.411.0
0.740.750.760.660.730.65-0.440.66-0.311.00.70.97-0.821.00.660.670.560.710.830.840.830.740.660.510.66
0.440.440.350.380.450.33-0.910.41-0.280.510.420.50.040.520.320.430.60.33-0.010.280.130.440.410.510.41
0.990.990.981.00.991.0-0.651.0-0.910.621.00.78-0.650.650.991.00.950.990.690.270.840.991.00.660.41
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Abacus Life Account Relationship Matchups

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