Abacus Total Assets vs Total Current Assets 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 Total Assets and its Total Current Assets 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.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Abacus Life's Total Assets and Total Current Assets is 0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets 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 Total Assets and Total Current Assets 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 are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Abacus Life's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

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 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 Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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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