American Current Deferred Revenue vs Revenue Per Share Analysis

ABAT Stock   0.91  0.01  1.09%   
American Battery financial indicator trend analysis is way more than just evaluating American Battery Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Battery Tec is a good investment. Please check the relationship between American Battery Current Deferred Revenue and its Revenue Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Battery Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Current Deferred Revenue vs Revenue Per Share

Current Deferred Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Battery Tec Current Deferred Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Battery's Current Deferred Revenue and Revenue Per Share is 0.55. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of American Battery Technology, assuming nothing else is changed. The correlation between historical values of American Battery's Current Deferred Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of American Battery Technology are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Current Deferred Revenue i.e., American Battery's Current Deferred Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from American Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Battery Tec current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Battery Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to drop to about 10.9 M in 2024. Issuance Of Capital Stock is likely to drop to about 34.2 M in 2024
 2021 2022 2023 2024 (projected)
Research Development963.4K7.7M14.3M15.0M
Income Tax Expense71.8K205.6K180.4K171.3K

American Battery fundamental ratios Correlations

0.890.890.99-0.22-0.950.850.480.480.660.980.890.770.890.140.630.2-0.770.97-0.690.950.77-0.110.331.00.93
0.890.960.850.23-0.850.90.050.050.690.870.960.441.0-0.240.650.25-0.650.96-0.770.810.57-0.25-0.040.880.74
0.890.960.840.13-0.90.920.130.130.740.91.00.510.96-0.080.790.21-0.810.93-0.770.840.68-0.080.130.880.75
0.990.850.84-0.29-0.940.810.540.540.620.970.840.80.850.180.580.19-0.740.95-0.660.950.76-0.110.361.00.95
-0.220.230.13-0.290.270.05-0.96-0.96-0.03-0.270.13-0.750.23-0.870.040.140.310.0-0.09-0.29-0.44-0.35-0.87-0.26-0.43
-0.95-0.85-0.9-0.940.27-0.89-0.52-0.52-0.76-0.99-0.9-0.8-0.84-0.29-0.7-0.10.89-0.90.69-0.93-0.85-0.09-0.45-0.96-0.94
0.850.90.920.810.05-0.890.190.190.930.890.920.60.9-0.030.540.27-0.760.85-0.880.750.64-0.020.180.860.81
0.480.050.130.54-0.96-0.520.191.00.20.520.140.890.050.830.17-0.1-0.50.27-0.080.540.620.290.880.510.65
0.480.050.130.54-0.96-0.520.191.00.20.520.140.890.050.830.17-0.1-0.50.27-0.080.540.620.290.870.510.65
0.660.690.740.62-0.03-0.760.930.20.20.750.750.580.690.120.390.34-0.720.61-0.850.570.610.220.320.670.7
0.980.870.90.97-0.27-0.990.890.520.520.750.90.810.860.240.660.14-0.860.93-0.720.940.820.020.430.980.95
0.890.961.00.840.13-0.90.920.140.140.750.90.520.95-0.070.790.22-0.810.92-0.770.840.68-0.080.130.880.75
0.770.440.510.8-0.75-0.80.60.890.890.580.810.520.440.610.340.14-0.710.6-0.520.750.740.160.790.80.87
0.891.00.960.850.23-0.840.90.050.050.690.860.950.44-0.260.630.24-0.640.96-0.770.80.56-0.26-0.060.880.74
0.14-0.24-0.080.18-0.87-0.29-0.030.830.830.120.24-0.070.61-0.260.16-0.29-0.46-0.060.170.270.60.740.910.160.4
0.630.650.790.580.04-0.70.540.170.170.390.660.790.340.630.160.05-0.80.67-0.310.760.730.190.270.610.5
0.20.250.210.190.14-0.10.27-0.1-0.10.340.140.220.140.24-0.290.05-0.020.2-0.510.140.06-0.170.040.210.07
-0.77-0.65-0.81-0.740.310.89-0.76-0.5-0.5-0.72-0.86-0.81-0.71-0.64-0.46-0.8-0.02-0.710.55-0.81-0.87-0.35-0.56-0.78-0.81
0.970.960.930.950.0-0.90.850.270.270.610.930.920.60.96-0.060.670.2-0.71-0.680.920.69-0.190.120.960.85
-0.69-0.77-0.77-0.66-0.090.69-0.88-0.08-0.08-0.85-0.72-0.77-0.52-0.770.17-0.31-0.510.55-0.68-0.5-0.370.18-0.14-0.7-0.6
0.950.810.840.95-0.29-0.930.750.540.540.570.940.840.750.80.270.760.14-0.810.92-0.50.880.060.430.950.9
0.770.570.680.76-0.44-0.850.640.620.620.610.820.680.740.560.60.730.06-0.870.69-0.370.880.520.680.770.84
-0.11-0.25-0.08-0.11-0.35-0.09-0.020.290.290.220.02-0.080.16-0.260.740.19-0.17-0.35-0.190.180.060.520.61-0.10.13
0.33-0.040.130.36-0.87-0.450.180.880.870.320.430.130.79-0.060.910.270.04-0.560.12-0.140.430.680.610.370.51
1.00.880.881.0-0.26-0.960.860.510.510.670.980.880.80.880.160.610.21-0.780.96-0.70.950.77-0.10.370.94
0.930.740.750.95-0.43-0.940.810.650.650.70.950.750.870.740.40.50.07-0.810.85-0.60.90.840.130.510.94
Click cells to compare fundamentals

American Battery Account Relationship Matchups

American Battery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2M21.3M52.9M74.7M77.7M81.6M
Short Long Term Debt Total398.9K442.4K175.8K6.2M6.5M6.8M
Total Current Liabilities5.8M1.8M3.1M13.4M15.8M16.6M
Total Stockholder Equity(4.9M)19.4M49.6M61.2M61.5M64.5M
Net Debt(387.5K)(12.8M)(28.8M)3.9M(500.1K)(525.1K)
Retained Earnings(63.2M)(105.1M)(138.6M)(160.0M)(213.3M)(202.7M)
Accounts Payable514.8K1.6M344.1K1.8M4.3M4.5M
Cash829.9K12.8M29.0M2.3M7.0M4.8M
Cash And Short Term Investments829.9K12.8M29.0M2.3M7.0M4.8M
Common Stock Shares Outstanding17.0M33.2M2.8M2.9M52.0M54.6M
Liabilities And Stockholders Equity1.2M21.3M52.9M74.7M77.7M81.6M
Other Stockholder Equity55.5M121.9M188.2M221.7M274.7M288.5M
Total Liab6.1M1.8M3.2M13.4M16.2M17.0M
Total Current Assets1.1M14.1M29.9M4.8M18.4M19.3M
Short Term Debt398.3K135.7K99.8K6.1M6.5M6.8M
Common Stock365.2K573.3K644.1K45.9K64.1K60.9K
Other Current Liab5.7M205.6K2.6M5.8M5.0M2.9M
Non Current Liabilities Total306.6K0.0175.8K54.3K409.2K429.7K
Property Plant And Equipment Net58.8K5.5M19.1M38.3M54.8M57.5M
Non Current Assets Total94.1K7.1M23.0M69.9M59.3M62.2M

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