Abacus Global Management (ABX) Notes Payables (2021 - 2023)
Abacus Global Management (ABX) posted quarterly Notes Payables of $5.5 million for Q1 2023, up 265.99% year-over-year from $1.5 million in Q1 2022, and up 11.48% quarter-over-quarter from $4.9 million in Q4 2022.
Abacus Global Management (ABX) Notes Payables (2021 - 2023) Analysis & Trends
Abacus Global Management (ABX) has reported Notes Payables for 3 consecutive years, with $5.5 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Notes Payables rose 265.99% year-over-year to $5.5 million; the TTM figure through Mar 2023 stood at $5.5 million (up 265.99% YoY), while the FY2022 annual figure was $4.9 million, up 228.29% from the prior year.
- Notes Payables improved to $5.5 million in Q1 2023 per ABX's latest filing, from $4.9 million in the prior quarter.
- Across five years, Notes Payables topped out at $5.5 million in Q1 2023 and bottomed at $1.5 million in Q3 2021.
- Historically, Notes Payables has averaged $3.0 million across 3 years, with a median of $1.5 million in 2021.
- Annual changes were most pronounced in 2022 — Notes Payables surged 228.29% — and 2023, when it soared 265.99%.
- Abacus Global Management's Notes Payables stood at $1.5 million in 2021, then soared by 228.29% to $4.9 million in 2022, then advanced by 11.48% to $5.5 million in 2023.
- Business Quant data shows ABX's Notes Payables at $5.5 million in Q1 2023, $4.9 million in Q4 2022, and $4.9 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Manulife Financial | 71.52 Bn | 51.61 Bn | - |
| 2 | Metlife | 60.70 Bn | 33.38 Bn | 7.82 Bn |
| 3 | Aflac | 58.84 Bn | -44.17 Bn | 2.27 Bn |
| 4 | Prudential | 36.29 Bn | 27.96 Bn | - |
| 5 | Unum | 14.03 Bn | 4.48 Bn | 1.38 Bn |
| 6 | Primerica | 9.32 Bn | 8.69 Bn | 717.74 Mn |
| 7 | Jackson Financial | 9.29 Bn | 3.30 Bn | - |
| 8 | Lincoln National | 8.23 Bn | -3.45 Bn | 2.62 Bn |
| 9 | Genworth Financial | 3.76 Bn | 1.78 Bn | 668.00 Mn |
| 10 | Abacus Global Management | 878.85 Mn | 855.46 Mn | 63.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 5.49 Mn |
| Dec 31, 2022 | 4.92 Mn |
| Sep 30, 2022 | 4.92 Mn |
| Jun 30, 2022 | 1.50 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | 1.50 Mn |
| Sep 30, 2021 | 1.50 Mn |