American Retained Earnings vs Short Long Term Debt 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 Retained Earnings and its Short Long Term Debt 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.

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Battery Tec Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between American Battery's Retained Earnings and Short Long Term Debt is -0.85. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt 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 Retained Earnings and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of American Battery Technology are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Retained Earnings i.e., American Battery's Retained Earnings and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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
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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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