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ABL (Abacus Global Management) Debt-to-EBITDA : -12.68 (As of Dec. 2024)


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What is Abacus Global Management Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Abacus Global Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $38.9 Mil. Abacus Global Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $347.0 Mil. Abacus Global Management's annualized EBITDA for the quarter that ended in Dec. 2024 was $-30.4 Mil. Abacus Global Management's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -12.67.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Abacus Global Management's Debt-to-EBITDA or its related term are showing as below:

ABL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36   Med: 3.41   Max: 57.12
Current: 57.12

During the past 5 years, the highest Debt-to-EBITDA Ratio of Abacus Global Management was 57.12. The lowest was 0.36. And the median was 3.41.

ABL's Debt-to-EBITDA is ranked worse than
100% of 298 companies
in the Insurance industry
Industry Median: 1.235 vs ABL: 57.12

Abacus Global Management Debt-to-EBITDA Historical Data

The historical data trend for Abacus Global Management's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abacus Global Management Debt-to-EBITDA Chart

Abacus Global Management Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
- 0.36 0.85 5.96 57.11

Abacus Global Management Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.00 8.95 5.74 106.61 -12.68

Competitive Comparison of Abacus Global Management's Debt-to-EBITDA

For the Insurance - Life subindustry, Abacus Global Management's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Abacus Global Management's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Abacus Global Management's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Abacus Global Management's Debt-to-EBITDA falls into.


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Abacus Global Management Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Abacus Global Management's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(38.946 + 346.968) / 6.757
=57.11

Abacus Global Management's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(38.946 + 346.968) / -30.448
=-12.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.


Abacus Global Management  (NAS:ABL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Abacus Global Management Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Abacus Global Management's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Abacus Global Management Business Description

Traded in Other Exchanges
N/A
Address
2101 Park Center Drive, Suite 200, Orlando, FL, USA, 32835
Abacus Global Management Inc, formerly Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.
Executives
Jay J Jackson director, officer: Chief Executive Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Sean Mcnealy director, 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Kevin Scott Kirby 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Matthew Ganovsky 10 percent owner, officer: Co-Founder and President 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Adam Samuel Gusky officer: Chief Investment Officer RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203
Mary Beth Schulte director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Van Katwijk Cornelis Michiel director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Mccauley William Hugh Jr officer: Chief Financial Officer 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Asset Management, Llc 10 percent owner 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487
Corbett Thomas Wingett Jr director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
Karla Radka director 2101 PARK CENTER DRIVE, #170, ORLANDO FL 32835
East Sponsor, Llc 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Terrence M. Pegula 10 percent owner C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116