Abacus Total Current Liabilities vs Property Plant And Equipment Net Analysis

ABL Stock

7.56 0.16 2.07%

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 Current Liabilities and its Property Plant And Equipment Net 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 labor statistics.

For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.

Total Current Liabilities vs Property Plant And Equipment Net

Total Current Liabilities vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life Total Current Liabilities account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.

The correlation between Abacus Life's Total Current Liabilities and Property Plant And Equipment Net is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Net 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 Current Liabilities and Property Plant And Equipment Net 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 Current Liabilities of Abacus Life are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Liabilities i.e., Abacus Life's Total Current Liabilities and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Liabilities

Total Current Liabilities is an item on Abacus Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Abacus Life are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 labor statistics.

For more information on how to buy Abacus Stock please use our How to buy in Abacus Stock guide.At this time, Abacus Life's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 32 M this year, although Enterprise Value Over EBITDA will most likely fall to 32.83.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	4.3K	3.4M	3.9M	4.1M
Interest Income	2.2K	594.8K	684.0K	718.2K

Depreciation And Amortization Interest Income

Abacus Life fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Short Term Debt
Total Assets		1.0	1.0	1.0	1.0	0.99	-0.73	1.0	-0.88	0.78	1.0	0.88	0.91	0.8	0.99	0.91	0.96	1.0	0.78	0.39	0.91	1.0	1.0	0.8	0.89	1.0
Short Long Term Debt Total	1.0		1.0	0.99	1.0	0.99	-0.73	0.99	-0.87	0.79	1.0	0.89	0.91	0.81	0.99	0.91	0.96	0.99	0.78	0.4	0.91	1.0	0.99	0.81	0.89	0.99
Other Current Liab	1.0	1.0		0.99	0.99	0.99	-0.68	0.99	-0.86	0.79	0.99	0.89	0.91	0.81	0.99	0.9	0.93	1.0	0.83	0.42	0.95	1.0	0.99	0.82	0.88	0.99
Total Current Liabilities	1.0	0.99	0.99		1.0	1.0	-0.72	1.0	-0.92	0.72	1.0	0.83	0.86	0.74	1.0	0.91	0.97	1.0	0.75	0.3	0.89	1.0	1.0	0.75	0.89	1.0
Total Stockholder Equity	1.0	1.0	0.99	1.0		0.99	-0.74	1.0	-0.88	0.77	1.0	0.87	0.9	0.79	0.99	0.91	0.97	1.0	0.77	0.38	0.91	1.0	1.0	0.8	0.89	1.0
Property Plant And Equipment Net	0.99	0.99	0.99	1.0	0.99		-0.7	1.0	-0.92	0.71	1.0	0.82	0.85	0.73	1.0	0.91	0.96	1.0	0.76	0.29	0.9	0.99	1.0	0.74	0.89	1.0
Current Deferred Revenue	-0.73	-0.73	-0.68	-0.72	-0.74	-0.7		-0.74	0.74	-0.59	-0.74	-0.61	-0.63	-0.61	-0.69	-0.77	-0.84	-0.68	-0.25	-0.1	-0.46	-0.73	-0.74	-0.62	-0.82	-0.74
Net Debt	1.0	0.99	0.99	1.0	1.0	1.0	-0.74		-0.92	0.72	1.0	0.83	0.86	0.74	1.0	0.91	0.97	0.99	0.73	0.3	0.88	1.0	1.0	0.75	0.89	1.0
Retained Earnings	-0.88	-0.87	-0.86	-0.92	-0.88	-0.92	0.74	-0.92		-0.45	-0.9	-0.56	-0.6	-0.48	-0.91	-0.84	-0.91	-0.89	-0.5	0.09	-0.7	-0.88	-0.92	-0.49	-0.85	-0.92
Cash	0.78	0.79	0.79	0.72	0.77	0.71	-0.59	0.72	-0.45		0.75	0.97	0.94	1.0	0.72	0.74	0.66	0.76	0.84	0.8	0.85	0.78	0.72	1.0	0.76	0.72
Non Current Assets Total	1.0	1.0	0.99	1.0	1.0	1.0	-0.74	1.0	-0.9	0.75		0.85	0.89	0.77	1.0	0.91	0.97	1.0	0.76	0.34	0.9	1.0	1.0	0.78	0.89	1.0
Non Currrent Assets Other	0.88	0.89	0.89	0.83	0.87	0.82	-0.61	0.83	-0.56	0.97	0.85		0.99	0.97	0.83	0.76	0.78	0.86	0.86	0.77	0.91	0.88	0.83	0.97	0.76	0.83
Other Assets	0.91	0.91	0.91	0.86	0.9	0.85	-0.63	0.86	-0.6	0.94	0.89	0.99		0.94	0.86	0.79	0.82	0.89	0.85	0.73	0.91	0.91	0.86	0.94	0.77	0.86
Cash And Short Term Investments	0.8	0.81	0.81	0.74	0.79	0.73	-0.61	0.74	-0.48	1.0	0.77	0.97	0.94		0.74	0.76	0.68	0.78	0.84	0.77	0.86	0.8	0.74	1.0	0.79	0.74
Net Receivables	0.99	0.99	0.99	1.0	0.99	1.0	-0.69	1.0	-0.91	0.72	1.0	0.83	0.86	0.74		0.91	0.95	1.0	0.78	0.31	0.91	0.99	1.0	0.75	0.89	1.0
Common Stock Shares Outstanding	0.91	0.91	0.9	0.91	0.91	0.91	-0.77	0.91	-0.84	0.74	0.91	0.76	0.79	0.76	0.91		0.89	0.91	0.67	0.25	0.81	0.91	0.91	0.77	0.97	0.91
Non Current Liabilities Total	0.96	0.96	0.93	0.97	0.97	0.96	-0.84	0.97	-0.91	0.66	0.97	0.78	0.82	0.68	0.95	0.89		0.95	0.58	0.22	0.77	0.96	0.97	0.69	0.86	0.97
Capital Lease Obligations	1.0	0.99	1.0	1.0	1.0	1.0	-0.68	0.99	-0.89	0.76	1.0	0.86	0.89	0.78	1.0	0.91	0.95		0.8	0.36	0.93	1.0	0.99	0.79	0.89	0.99
Inventory	0.78	0.78	0.83	0.75	0.77	0.76	-0.25	0.73	-0.5	0.84	0.76	0.86	0.85	0.84	0.78	0.67	0.58	0.8		0.69	0.97	0.78	0.74	0.84	0.66	0.74
Other Current Assets	0.39	0.4	0.42	0.3	0.38	0.29	-0.1	0.3	0.09	0.8	0.34	0.77	0.73	0.77	0.31	0.25	0.22	0.36	0.69		0.59	0.39	0.3	0.77	0.23	0.3
Other Stockholder Equity	0.91	0.91	0.95	0.89	0.91	0.9	-0.46	0.88	-0.7	0.85	0.9	0.91	0.91	0.86	0.91	0.81	0.77	0.93	0.97	0.59		0.91	0.89	0.87	0.8	0.89
Total Liab	1.0	1.0	1.0	1.0	1.0	0.99	-0.73	1.0	-0.88	0.78	1.0	0.88	0.91	0.8	0.99	0.91	0.96	1.0	0.78	0.39	0.91		1.0	0.81	0.89	1.0
Net Invested Capital	1.0	0.99	0.99	1.0	1.0	1.0	-0.74	1.0	-0.92	0.72	1.0	0.83	0.86	0.74	1.0	0.91	0.97	0.99	0.74	0.3	0.89	1.0		0.75	0.89	1.0
Total Current Assets	0.8	0.81	0.82	0.75	0.8	0.74	-0.62	0.75	-0.49	1.0	0.78	0.97	0.94	1.0	0.75	0.77	0.69	0.79	0.84	0.77	0.87	0.81	0.75		0.8	0.75
Capital Stock	0.89	0.89	0.88	0.89	0.89	0.89	-0.82	0.89	-0.85	0.76	0.89	0.76	0.77	0.79	0.89	0.97	0.86	0.89	0.66	0.23	0.8	0.89	0.89	0.8		0.89
Short Term Debt	1.0	0.99	0.99	1.0	1.0	1.0	-0.74	1.0	-0.92	0.72	1.0	0.83	0.86	0.74	1.0	0.91	0.97	0.99	0.74	0.3	0.89	1.0	1.0	0.75	0.89

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Abacus Life Account Relationship Matchups

High Positive Relationship

Short Long Term Debt Total	+ 1.0	Total Assets
Other Current Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets

High Negative Relationship

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Short Term Debt	- 0.92	Retained Earnings
Net Invested Capital	- 0.92	Retained Earnings