Abacus Capital Lease Obligations vs Cash And Short Term Investments Analysis
| ABLLL Stock | 26.99 0.02 0.07% |
Abacus Life, financial indicator trend analysis is way more than just evaluating Abacus Life, 9875 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abacus Life, 9875 is a good investment. Please check the relationship between Abacus Life, Capital Lease Obligations and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Life, 9875. 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.
Capital Lease Obligations vs Cash And Short Term Investments
Capital Lease Obligations vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Life, 9875 Capital Lease Obligations account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Abacus Life,'s Capital Lease Obligations and Cash And Short Term Investments is 0.99. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Abacus Life, 9875, assuming nothing else is changed. The correlation between historical values of Abacus Life,'s Capital Lease Obligations and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Abacus Life, 9875 are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Lease Obligations i.e., Abacus Life,'s Capital Lease Obligations and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Lease Obligations
Abacus Life, 9875 capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Abacus Life, asset purchases. For example, Abacus Life, can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Abacus Life, control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Abacus Life, 9875 balance sheet. This account contains Abacus Life, investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Abacus Life, 9875 fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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, 9875 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, 9875. 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. 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 27.8 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.20.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 11.7M | 3.4M | 4.7M | Interest Income | 11.5K | 1.5K | 594.8K | 624.5K |
Abacus Life, fundamental ratios Correlations
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Abacus Life, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.