Abacus Financial Statements From 2010 to 2024

AME Stock  CAD 0.04  0.01  33.33%   
Abacus Mining financial statements provide useful quarterly and yearly information to potential Abacus Mining and investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Abacus Mining financial statements helps investors assess Abacus Mining's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Abacus Mining's valuation are summarized below:
Market Capitalization
4.2 M
There are over one hundred nineteen available fundamental signals for Abacus Mining and, which can be analyzed over time and compared to other ratios. All traders should should validate Abacus Mining's prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Market Cap is likely to drop to about 2.5 M in 2024. Enterprise Value is likely to drop to about 12.9 M in 2024
Check Abacus Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abacus main balance sheet or income statement drivers, such as Total Revenue of 0.0, Gross Profit of 0.0 or Other Operating Expenses of 1.4 M, as well as many exotic indicators such as Price To Sales Ratio of 51.1 K, Dividend Yield of 0.0 or Days Sales Outstanding of 2.9 M. Abacus financial statements analysis is a perfect complement when working with Abacus Mining Valuation or Volatility modules.
  
This module can also supplement various Abacus Mining Technical models . Check out the analysis of Abacus Mining Correlation against competitors.

Abacus Mining Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.1 M6.5 M20.3 M
Slightly volatile
Property Plant And Equipment Net549.2 K578.1 K719.9 K
Slightly volatile
Cash65.6 K69 K699.8 K
Slightly volatile
Non Current Assets TotalM6.3 M19.4 M
Slightly volatile
Non Currrent Assets Other7.1 M6.8 M5.7 M
Very volatile
Cash And Short Term Investments65.6 K69 K724.8 K
Slightly volatile
Common Stock Shares Outstanding118.5 M112.8 M54.7 M
Slightly volatile
Liabilities And Stockholders Equity6.1 M6.5 M20.3 M
Slightly volatile
Other Current Assets28.7 K30.3 K27.1 K
Pretty Stable
Other Stockholder Equity5.2 M5.5 M21.7 M
Slightly volatile
Total Liabilities29.5 M28.1 M13.3 M
Slightly volatile
Total Current Assets99.7 K104.9 K869 K
Slightly volatile
Total Current Liabilities29.5 M28.1 M9.9 M
Slightly volatile
Accounts Payable182.9 K220.2 K223 K
Pretty Stable
Net Receivables5.3 K5.6 K108.3 K
Slightly volatile
Short Term Investments452.8 K431.2 K359.3 K
Slightly volatile
Short and Long Term Debt Total14.7 M27.9 M13.8 M
Slightly volatile
Short Term Debt14.4 M27.9 M13.9 M
Slightly volatile
Accumulated Other Comprehensive Income7.6 M7.2 M5.1 M
Slightly volatile
Inventory29 K30.5 K91.2 K
Slightly volatile
Other Current Liabilities189.4 K199.4 K695.6 K
Slightly volatile
Common Stock94.6 M104.7 M87.5 M
Slightly volatile
Other Assets22.3 K23.4 K4.7 M
Slightly volatile
Long Term Investments4.2 M4.4 M17.4 M
Slightly volatile
Property Plant Equipment599.1 K570.6 K225.4 K
Slightly volatile
Long Term Debt13.9 M18.2 M12.4 M
Slightly volatile
Short and Long Term Debt18.5 M27.9 M14.7 M
Slightly volatile
Net Invested Capital4.9 M4.9 M6.3 M
Slightly volatile
Capital Stock97.8 M104.7 M89.4 M
Slightly volatile

Abacus Mining Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses1.4 M836.3 K1.3 M
Very volatile
Total Operating Expenses454.5 K478.4 K1.2 M
Pretty Stable
Depreciation And AmortizationK2.1 K7.2 K
Slightly volatile
Selling General Administrative398.8 K419.8 K1.1 M
Slightly volatile
Selling And Marketing Expenses36.1 K38 K55.4 K
Slightly volatile
Interest Income77.8181.911.6 K
Slightly volatile

Abacus Mining Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow300.4 K316.2 K796.6 K
Slightly volatile
End Period Cash Flow240.8 K253.5 K748.7 K
Slightly volatile
Depreciation79.7 K75.9 K37.2 K
Slightly volatile
Stock Based Compensation37 K39 K225.9 K
Slightly volatile
Sale Purchase Of Stock908 K1.2 M760.7 K
Slightly volatile
Net Borrowings2.4 M2.7 M2.9 M
Slightly volatile
Issuance Of Capital Stock859 K550 K1.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio51.1 K48.6 K49.9 K
Slightly volatile
Days Sales Outstanding2.9 M3.3 M3.6 M
Slightly volatile
Average Payables27.3 K28.8 K115 K
Slightly volatile
Days Of Inventory On Hand0.160.180.193
Slightly volatile
Payables Turnover0.220.160.1895
Slightly volatile
Average Inventory0.40.450.49
Slightly volatile
Cash Per Share9.0E-49.0E-40.5506
Slightly volatile
Capex To Operating Cash Flow0.270.280.4039
Slightly volatile
Days Payables Outstanding1.6 K2.3 K2.1 K
Slightly volatile
Current Ratio0.00520.00556.4959
Slightly volatile
Receivables Turnover1.0E-41.0E-41.0E-4
Slightly volatile
Graham Number0.420.445.028
Slightly volatile
Average Receivables16.5 K17.3 K198.1 K
Slightly volatile
Revenue Per Share0.00.00.028
Slightly volatile
Interest Debt Per Share0.130.240.2037
Slightly volatile
Debt To Assets4.083.881.8407
Slightly volatile
Days Of Payables Outstanding1.6 K2.3 K2.1 K
Slightly volatile
Long Term Debt To Capitalization2.362.251.3796
Slightly volatile
Quick Ratio0.00290.00318.4782
Pretty Stable
Dividend Paid And Capex Coverage Ratio3.493.6727.1629
Slightly volatile
Cash Ratio0.00340.00365.2193
Slightly volatile
Days Of Inventory Outstanding0.160.180.193
Slightly volatile
Days Of Sales Outstanding2.9 M3.3 M3.6 M
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.361.431.4199
Slightly volatile
Capital Expenditure Coverage Ratio3.493.6727.1629
Slightly volatile
Debt Ratio4.083.881.8407
Slightly volatile
Price Sales Ratio51.1 K48.6 K49.9 K
Slightly volatile

Abacus Mining Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.5 M2.6 M10.7 M
Slightly volatile

Abacus Fundamental Market Drivers

Cash And Short Term Investments76.7 K

About Abacus Mining Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Abacus Mining income statement, its balance sheet, and the statement of cash flows. Abacus Mining investors use historical funamental indicators, such as Abacus Mining's revenue or net income, to determine how well the company is positioned to perform in the future. Although Abacus Mining investors may use each financial statement separately, they are all related. The changes in Abacus Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Abacus Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Abacus Mining Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Abacus Mining. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue 0.00  0.00 
Cost Of Revenue 0.00  0.00 
Stock Based Compensation To Revenue 0.00  0.00 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue 0.00  0.00 
Revenue Per Share 0.00000333  0.000004 
Ebit Per Revenue 0.00  0.00 

Pair Trading with Abacus Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abacus Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abacus Mining will appreciate offsetting losses from the drop in the long position's value.

Moving against Abacus Stock

  0.51THRM Therma BrightPairCorr
The ability to find closely correlated positions to Abacus Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abacus Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abacus Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abacus Mining and to buy it.
The correlation of Abacus Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abacus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abacus Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abacus Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Abacus Mining Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Please note, there is a significant difference between Abacus Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.