Abacus Life Inc (ABL)
8.59
+0.05
(+0.59%)
USD |
NASDAQ |
Nov 04, 16:00
8.65
+0.06
(+0.70%)
After-Hours: 20:00
Abacus Life Debt to Equity Ratio: 0.7675 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.7675 |
| March 31, 2024 | 1.125 |
| December 31, 2023 | 0.8529 |
| September 30, 2023 | 0.6115 |
| June 30, 2023 |
| Date | Value |
|---|---|
| March 31, 2023 | 0.00 |
| 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
1.125
Maximum
Mar 2024
0.6277
Average
0.7675
Median
Jun 2024
Debt to Equity Ratio Benchmarks
| Atlantic American Corp | 0.3751 |
| Citizens Inc | 0.00 |
| Genworth Financial Inc | 0.1849 |
| Lincoln National Corp | 0.6639 |
| Brighthouse Financial Inc | 0.7619 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 483.85M |
| Total Liabilities (Quarterly) | 227.01M |
| Shareholders Equity (Quarterly) | 256.77M |
| Current Ratio | 1.835 |
| Net Debt Paydown Yield | -6.12% |