Abacus Life Stock Today

ABLLW Stock   1.20  0.05  4.35%   

Performance

0 of 100

 
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Odds Of Distress

Less than 6

 
High
 
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Low
Abacus Life is selling for under 1.20 as of the 28th of November 2024; that is 4.35% up since the beginning of the trading day. The stock's lowest day price was 1.11. Abacus Life has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Abacus Life are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
5th of July 2023
Category
Financial Services
Classification
Financials
Abacus Life is entity of United States. It is traded as Stock on NASDAQ exchange. More on Abacus Life

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Abacus Stock Highlights

Business ConcentrationLife & Health Insurance, Insurance - Life, Financial Services, Financials, Insurance, Insurance-Life, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02720.0287
Notably Down
Slightly volatile
Asset Turnover0.190.2001
Notably Down
Slightly volatile
Gross Profit Margin0.620.9023
Way Down
Slightly volatile
Total Current Liabilities24.5 M23.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total151.7 M144.4 M
Sufficiently Up
Slightly volatile
Total Assets348.4 M331.8 M
Sufficiently Up
Slightly volatile
Total Current Assets19.4 M31.8 M
Way Down
Slightly volatile
Abacus Life can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Abacus Life's financial leverage. It provides some insight into what part of Abacus Life's total assets is financed by creditors.
Liquidity
Abacus Life has accumulated 141.74 M in total debt. Note, when we think about Abacus Life's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

136,245
Abacus Life (ABLLW) is traded on NASDAQ Exchange in USA. It is located in null and employs 82 people. Abacus Life is listed under Life & Health Insurance category by Fama And French industry classification. The company classifies itself under Insurance sector and is part of Financials industry. Abacus Life generates negative cash flow from operations
Check Abacus Life Probability Of Bankruptcy

Abacus Life Historical Income Statement

At this time, Abacus Life's Total Operating Expenses is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 3.6 M in 2024, whereas Total Revenue is likely to drop slightly above 44.3 M in 2024. View More Fundamentals

Abacus Stock Against Markets

Already Invested in Abacus Life?

The danger of trading Abacus Life is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Abacus Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Abacus Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Abacus Life is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Abacus Stock Analysis

When running Abacus Life's price analysis, check to measure Abacus Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abacus Life is operating at the current time. Most of Abacus Life's value examination focuses on studying past and present price action to predict the probability of Abacus Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Life's price. Additionally, you may evaluate how the addition of Abacus Life to your portfolios can decrease your overall portfolio volatility.