Abacus Global Management, 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 Global Management, Inc. (ABX) - Total Assets
Latest total assets as of September 2025: $918.94 Million USD
Based on the latest financial reports, Abacus Global Management, Inc. (ABX) holds total assets worth $918.94 Million USD as of September 2025.
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 Global Management, Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Abacus Global Management, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Abacus Global Management, Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Abacus Global Management, Inc.'s total assets of $918.94 Million consist of 18.3% current assets and 81.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $131.94 Million | 15.1% |
| Accounts Receivable | $26.53 Million | 3.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $5.75 Million | 0.7% |
| Intangible Assets | $79.79 Million | 9.1% |
| Goodwill | $238.30 Million | 27.3% |
Asset Composition Trend (2020–2024)
This chart illustrates how Abacus Global Management, Inc.'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 Global Management, Inc.'s current assets represent 18.3% of total assets in 2024, an increase from 14.5% in 2020.
- Cash Position: Cash and equivalents constituted 15.1% of total assets in 2024, up from 9.3% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 27.3% of total assets.
Abacus Global Management, Inc. Competitors by Total Assets
Key competitors of Abacus Global Management, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627
|
China | CN¥285.15 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
China | CN¥174.30 Billion |
|
Samsung Life
KO:032830
|
Korea | ₩350.69 Trillion |
|
Tongyang Life
KO:082640
|
Korea | ₩35.69 Trillion |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
Korea | ₩33.22 Trillion |
|
Hanwha Life
KO:088350
|
Korea | ₩168.94 Trillion |
|
Manulife Holdings Bhd
KLSE:1058
|
Malaysia | RM8.08 Billion |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
Taiwan | NT$1.60 Trillion |
Abacus Global Management, Inc. - 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 Global Management, Inc. generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Abacus Global Management, Inc. is currently not profitable relative to its asset base.
Abacus Global Management, Inc. - 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 | 0.93 | 1.29 | 0.20 |
| Quick Ratio | 0.93 | 1.29 | 0.20 |
| Cash Ratio | 0.58 | 0.00 | 0.00 |
| Working Capital | $-10.29 Million | $ 6.93 Million | $ -801.11K |
Abacus Global Management, Inc. - Advanced Valuation Insights
This section examines the relationship between Abacus Global Management, Inc.'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) | 163.4% |
| Total Assets | $874.16 Million |
| Market Capitalization | $92.43K USD |
Valuation Analysis
Below Book Valuation: The market values Abacus Global Management, Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Abacus Global Management, Inc.'s assets grew by 163.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Abacus Global Management, Inc. (2020–2024)
The table below shows the annual total assets of Abacus Global Management, Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $874.16 Million | +163.44% |
| 2023-12-31 | $331.83 Million | +461.51% |
| 2022-12-31 | $59.09 Million | +3111.30% |
| 2021-12-31 | $1.84 Million | +25.94% |
| 2020-12-31 | $1.46 Million | -- |