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ABL (Abacus Global Management) Equity-to-Asset : 0.49 (As of Dec. 2024)


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What is Abacus Global Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Abacus Global Management's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $424.2 Mil. Abacus Global Management's Total Assets for the quarter that ended in Dec. 2024 was $874.2 Mil. Therefore, Abacus Global Management's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.49.

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

ABL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.49   Max: 0.89
Current: 0.49

During the past 5 years, the highest Equity to Asset Ratio of Abacus Global Management was 0.89. The lowest was 0.46. And the median was 0.49.

ABL's Equity-to-Asset is ranked better than
83.94% of 492 companies
in the Insurance industry
Industry Median: 0.25 vs ABL: 0.49

Abacus Global Management Equity-to-Asset Historical Data

The historical data trend for Abacus Global Management's Equity-to-Asset 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 Equity-to-Asset Chart

Abacus Global Management Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
0.89 0.52 0.46 0.49 0.49

Abacus Global Management Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.44 0.53 0.54 0.49

Competitive Comparison of Abacus Global Management's Equity-to-Asset

For the Insurance - Life subindustry, Abacus Global Management's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Insurance Industry

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

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


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Abacus Global Management Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Abacus Global Management's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=424.153/874.165
=0.49

Abacus Global Management's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=424.153/874.165
=0.49

* 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.


Abacus Global Management  (NAS:ABL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Abacus Global Management Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Abacus Global Management's Equity-to-Asset 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