Abacus Life Inc (ABL)
11.98
+0.10
(+0.84%)
USD |
NASDAQ |
May 03, 16:00
11.98
0.00 (0.00%)
After-Hours: 20:00
Abacus Life Debt to Equity Ratio: 0.8529 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.8529 |
| September 30, 2023 | 0.6115 |
| June 30, 2023 | |
| March 31, 2023 | 0.00 |
| Date | Value |
|---|---|
| December 31, 2022 | 1.037 |
| September 30, 2022 | |
| June 30, 2022 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Jun 2022
1.037
Maximum
Dec 2022
0.5002
Average
0.6115
Median
Sep 2023
Debt to Equity Ratio Benchmarks
| Atlantic American Corp | 0.3426 |
| American Equity Investment Life Holding Co | 0.286 |
| National Western Life Group Inc | 0.00 |
| Brighthouse Financial Inc | 0.6385 |
| Vericity Inc | 0.4447 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 331.83M |
| Total Liabilities (Quarterly) | 167.76M |
| Shareholders Equity (Quarterly) | 163.93M |
| Current Ratio | 1.362 |
| Net Debt Paydown Yield | -4.57% |