Abacus Life Inc.
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States. It operates in five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Active Management segment is involved in the buying, selling, and trading of policies; and the maintenance of policies until receipt of death benefits. Its O… Read more
Abacus Life Inc. (ABL) - Net Assets
Latest net assets as of September 2025: $439.59 Million USD
Based on the latest financial reports, Abacus Life Inc. (ABL) has net assets worth $439.59 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($918.94 Million) and total liabilities ($479.34 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $439.59 Million |
| % of Total Assets | 47.84% |
| Annual Growth Rate | 229.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1478.46 |
Abacus Life Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Abacus Life Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Abacus Life Inc. (2020–2024)
The table below shows the annual net assets of Abacus Life Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $423.29 Million | +158.00% |
| 2023-12-31 | $164.07 Million | +482.85% |
| 2022-12-31 | $28.15 Million | +3570.62% |
| 2021-12-31 | $766.89K | -78.58% |
| 2020-12-31 | $3.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Abacus Life Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2995.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.13K | 0.00% |
| Other Components | $482.04 Million | 113.65% |
| Total Equity | $424.15 Million | 100.00% |
Abacus Life Inc. Competitors by Market Cap
The table below lists competitors of Abacus Life Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CRYOPORT INC. DL-01
F:CKX
|
$276.41 Million |
|
Shinko Electric Industries Co. Ltd.
PINK:SHEGF
|
$276.46 Million |
|
Joeone Co Ltd
SHG:601566
|
$276.49 Million |
|
Cross Country Healthcare Inc
NASDAQ:CCRN
|
$276.49 Million |
|
Huadian Ener-B
SHG:900937
|
$276.31 Million |
|
FIC Global Inc
TW:3701
|
$276.28 Million |
|
Guangdong Weide Information Technology Co. Ltd. A
SHG:688171
|
$276.27 Million |
|
Sequent Scientific Limited
NSE:SEQUENT
|
$276.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Abacus Life Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 163,931,793 to 424,152,503, a change of 260,220,710 (158.7%).
- Net loss of 23,961,050 reduced equity.
- Share repurchases of 10,742,000 reduced equity.
- New share issuances of 181,702,400 increased equity.
- Other comprehensive income decreased equity by 108,373.
- Other factors increased equity by 113,329,733.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-23.96 Million | -5.65% |
| Share Repurchases | $10.74 Million | -2.53% |
| Share Issuances | $181.70 Million | +42.84% |
| Other Comprehensive Income | $-108.37K | -0.03% |
| Other Changes | $113.33 Million | +26.72% |
| Total Change | $- | 158.74% |
Book Value vs Market Value Analysis
This analysis compares Abacus Life Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 204.74x to 1.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.04 | $8.47 | x |
| 2021-12-31 | $0.02 | $8.47 | x |
| 2022-12-31 | $0.54 | $8.47 | x |
| 2023-12-31 | $2.84 | $8.47 | x |
| 2024-12-31 | $5.99 | $8.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Abacus Life Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.41%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.06x
- Recent ROE (-5.65%) is below the historical average (35.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 69.02% | 5.25% | 7.32x | 1.80x | $1.23 Million |
| 2021 | 109.00% | 4.41% | 12.28x | 2.01x | $905.91K |
| 2022 | -0.19% | -0.21% | 0.43x | 2.17x | $-2.78 Million |
| 2023 | 5.81% | 14.33% | 0.20x | 2.02x | $-6.88 Million |
| 2024 | -5.65% | -21.41% | 0.13x | 2.06x | $-66.38 Million |
Industry Comparison
This section compares Abacus Life Inc.'s net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $58,678,031,359
- Average return on equity (ROE) among peers: 13.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Abacus Life Inc. (ABL) | $439.59 Million | 69.02% | 1.09x | $276.35 Million |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |