Abacus Life, 9875 Stock Beneish M Score

ABLLL Stock   26.85  0.17  0.64%   
This module uses fundamental data of Abacus Life, to approximate the value of its Beneish M Score. Abacus Life, M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Abacus Life, Piotroski F Score and Abacus Life, Altman Z Score analysis.
  
At this time, Abacus Life,'s Short and Long Term Debt Total is quite stable compared to the past year. Net Debt is expected to rise to about 122 M this year, although the value of Short and Long Term Debt will most likely fall to about 10.4 M. At this time, Abacus Life,'s ROE is quite stable compared to the past year. PE Ratio is expected to rise to 158.72 this year, although the value of PTB Ratio will most likely fall to 4.48.
At this time, it appears that Abacus Life, 9875 is an unlikely manipulator. The earnings manipulation may begin if Abacus Life,'s top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Abacus Life, executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Abacus Life,'s earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-2.61
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.91

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.57

Focus
Gross Margin Strengs

0.63

Focus
Accruals Factor

1.57

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.67

Focus
Financial Leverage Condition

0.93

Focus

Abacus Life, Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Abacus Life,'s auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net ReceivablesM3.2 M
Way Down
Slightly volatile
Total Revenue44.3 M66.4 M
Way Down
Slightly volatile
Total Assets348.4 M331.8 M
Sufficiently Up
Slightly volatile
Total Current Assets30.2 M31.8 M
Notably Down
Slightly volatile
Non Current Assets Total315.1 M300 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization4.7 M3.4 M
Significantly Up
Slightly volatile
Selling General Administrative27.8 M26.5 M
Sufficiently Up
Slightly volatile
Total Current Liabilities14.6 M23.3 M
Way Down
Slightly volatile
Non Current Liabilities Total151.7 M144.4 M
Sufficiently Up
Slightly volatile
Short Term Debt13.8 M13.1 M
Sufficiently Up
Slightly volatile
Long Term Debt85.3 M126.8 M
Way Down
Slightly volatile
Long Term Investments133.2 M126.8 M
Sufficiently Up
Slightly volatile
Gross Profit Margin0.570.9023
Way Down
Slightly volatile

Abacus Life, 9875 Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Abacus Life,'s different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Abacus Life, in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Abacus Life,'s degree of accounting gimmicks and manipulations.

About Abacus Life, Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Depreciation And Amortization

4.67 Million

At this time, Abacus Life,'s Depreciation And Amortization is quite stable compared to the past year.

About Abacus Life, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Abacus Life, 9875's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abacus Life, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Abacus Life, 9875 based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Abacus Life, 9875 is a strong investment it is important to analyze Abacus Life,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Abacus Life,'s future performance. For an informed investment choice regarding Abacus Stock, refer to the following important reports:
Check out Abacus Life, Piotroski F Score and Abacus Life, Altman Z Score analysis.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abacus Life,. If investors know Abacus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abacus Life, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Abacus Life, 9875 is measured differently than its book value, which is the value of Abacus that is recorded on the company's balance sheet. Investors also form their own opinion of Abacus Life,'s value that differs from its market value or its book value, called intrinsic value, which is Abacus Life,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abacus Life,'s market value can be influenced by many factors that don't directly affect Abacus Life,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abacus Life,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Life, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Life,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.