Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 operates in various business sectors.
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 (ABLLL) - Total Assets
Latest total assets as of March 2024: $376.72 Million USD
Based on the latest financial reports, Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 (ABLLL) holds total assets worth $376.72 Million USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 - Total Assets Trend (2020–2023)
This chart illustrates how Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 - Asset Composition Analysis
Current Asset Composition (December 2023)
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028's total assets of $376.72 Million consist of 9.6% current assets and 90.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.7% |
| Accounts Receivable | $2.23 Million | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $29.62 Million | 8.9% |
| Goodwill | $140.29 Million | 42.3% |
Asset Composition Trend (2020–2023)
This chart illustrates how Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028's current assets represent 9.6% of total assets in 2023, an increase from 0.0% in 2020.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2023, down from 49.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 50.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 42.3% of total assets.
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 Competitors by Total Assets
Key competitors of Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 generates 0.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 generates $ 2.87 in net profit.
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.12 | 25.55 | 25.55 |
| Quick Ratio | 3.12 | 25.55 | 25.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $50.49 Million | $ 31.98 Million | $ 31.98 Million |
Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 - Advanced Valuation Insights
This section examines the relationship between Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 461.5% |
| Total Assets | $331.83 Million |
| Market Capitalization | $231.21K USD |
Valuation Analysis
Below Book Valuation: The market values Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028's assets grew by 461.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 (2020–2023)
The table below shows the annual total assets of Abacus Life Inc. 9.875% Fixed Rate Senior Notes due 2028 from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $331.83 Million | +461.51% |
| 2022-12-31 | $59.09 Million | +1016.68% |
| 2021-12-31 | $5.29 Million | +41.46% |
| 2020-12-31 | $3.74 Million | -- |