Patriot Short Term Debt vs Net Debt Analysis

PMT Stock

0.25 0.01 4.17%

Patriot Battery financial indicator trend analysis is much more than just breaking down Patriot Battery Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patriot Battery Metals is a good investment. Please check the relationship between Patriot Battery Short Term Debt and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patriot Battery Metals Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Patriot Battery's Short Term Debt and Net Debt is -0.38. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of Patriot Battery Metals, assuming nothing else is changed. The correlation between historical values of Patriot Battery's Short Term Debt and Net 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 Short Term Debt of Patriot Battery Metals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., Patriot Battery's Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Patriot Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patriot Battery Metals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 12.1 M in 2024. Tax Provision is likely to gain to about 3.8 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	2.3K	89K	102.4K	107.5K
Depreciation And Amortization	330.0	21K	876K	919.8K

Interest Expense Depreciation And Amortization

Patriot Battery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Other Current Assets	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Common Stock	Inventory	Cash And Equivalents	Property Plant Equipment
Total Assets		0.2	0.91	1.0	0.99	-0.97	-0.83	0.97	0.99	0.97	1.0	-0.92	0.98	-0.2	0.96	0.98	0.98	0.96	0.84	-0.47	0.5	1.0	-0.95	0.96	0.96
Other Current Liab	0.2		0.58	0.13	0.09	-0.44	-0.58	0.41	0.09	0.41	0.17	0.1	0.03	-0.1	0.45	0.38	0.02	-0.09	0.39	-0.31	-0.25	0.15	0.12	0.46	0.46
Total Current Liabilities	0.91	0.58		0.88	0.86	-0.98	-0.91	0.98	0.86	0.98	0.9	-0.72	0.82	-0.23	0.99	0.97	0.82	0.75	0.85	-0.5	0.32	0.89	-0.73	0.99	0.98
Total Stockholder Equity	1.0	0.13	0.88		1.0	-0.95	-0.8	0.96	1.0	0.96	1.0	-0.94	0.99	-0.18	0.95	0.97	0.99	0.97	0.82	-0.46	0.51	1.0	-0.96	0.94	0.94
Property Plant And Equipment Net	0.99	0.09	0.86	1.0		-0.93	-0.78	0.94	1.0	0.94	1.0	-0.95	0.99	-0.19	0.93	0.95	1.0	0.98	0.8	-0.44	0.53	1.0	-0.97	0.93	0.92
Net Debt	-0.97	-0.44	-0.98	-0.95	-0.93		0.91	-1.0	-0.93	-1.0	-0.96	0.8	-0.91	0.2	-1.0	-1.0	-0.91	-0.85	-0.88	0.52	-0.38	-0.95	0.84	-1.0	-1.0
Retained Earnings	-0.83	-0.58	-0.91	-0.8	-0.78	0.91		-0.9	-0.78	-0.9	-0.8	0.61	-0.75	0.12	-0.89	-0.89	-0.72	-0.65	-0.82	0.76	-0.06	-0.82	0.63	-0.91	-0.93
Cash	0.97	0.41	0.98	0.96	0.94	-1.0	-0.9		0.94	1.0	0.97	-0.83	0.92	-0.2	1.0	1.0	0.92	0.87	0.88	-0.51	0.4	0.96	-0.85	1.0	1.0
Non Current Assets Total	0.99	0.09	0.86	1.0	1.0	-0.93	-0.78	0.94		0.94	1.0	-0.95	0.99	-0.19	0.93	0.95	1.0	0.98	0.8	-0.44	0.53	1.0	-0.97	0.93	0.92
Cash And Short Term Investments	0.97	0.41	0.98	0.96	0.94	-1.0	-0.9	1.0	0.94		0.97	-0.83	0.92	-0.2	1.0	1.0	0.92	0.87	0.88	-0.51	0.4	0.96	-0.85	1.0	1.0
Net Receivables	1.0	0.17	0.9	1.0	1.0	-0.96	-0.8	0.97	1.0	0.97		-0.93	0.98	-0.21	0.96	0.97	0.99	0.97	0.81	-0.44	0.52	1.0	-0.96	0.95	0.95
Common Stock Shares Outstanding	-0.92	0.1	-0.72	-0.94	-0.95	0.8	0.61	-0.83	-0.95	-0.83	-0.93		-0.95	0.19	-0.81	-0.84	-0.96	-0.97	-0.68	0.34	-0.58	-0.93	0.95	-0.8	-0.8
Non Current Liabilities Total	0.98	0.03	0.82	0.99	0.99	-0.91	-0.75	0.92	0.99	0.92	0.98	-0.95		-0.15	0.9	0.93	0.99	0.98	0.81	-0.44	0.54	0.99	-0.98	0.9	0.9
Other Stockholder Equity	-0.2	-0.1	-0.23	-0.18	-0.19	0.2	0.12	-0.2	-0.19	-0.2	-0.21	0.19	-0.15		-0.23	-0.2	-0.21	-0.2	0.08	0.03	0.0	-0.18	0.19	-0.2	-0.15
Total Liab	0.96	0.45	0.99	0.95	0.93	-1.0	-0.89	1.0	0.93	1.0	0.96	-0.81	0.9	-0.23		1.0	0.9	0.85	0.85	-0.49	0.4	0.95	-0.83	1.0	0.99
Total Current Assets	0.98	0.38	0.97	0.97	0.95	-1.0	-0.89	1.0	0.95	1.0	0.97	-0.84	0.93	-0.2	1.0		0.93	0.88	0.87	-0.51	0.41	0.97	-0.87	1.0	0.99
Accounts Payable	0.98	0.02	0.82	0.99	1.0	-0.91	-0.72	0.92	1.0	0.92	0.99	-0.96	0.99	-0.21	0.9	0.93		0.99	0.76	-0.4	0.57	0.99	-0.99	0.89	0.89
Other Current Assets	0.96	-0.09	0.75	0.97	0.98	-0.85	-0.65	0.87	0.98	0.87	0.97	-0.97	0.98	-0.2	0.85	0.88	0.99		0.71	-0.36	0.59	0.97	-1.0	0.84	0.83
Short Long Term Debt Total	0.84	0.39	0.85	0.82	0.8	-0.88	-0.82	0.88	0.8	0.88	0.81	-0.68	0.81	0.08	0.85	0.87	0.76	0.71		-0.43	0.44	0.83	-0.7	0.88	0.89
Current Deferred Revenue	-0.47	-0.31	-0.5	-0.46	-0.44	0.52	0.76	-0.51	-0.44	-0.51	-0.44	0.34	-0.44	0.03	-0.49	-0.51	-0.4	-0.36	-0.43		0.31	-0.48	0.35	-0.51	-0.55
Short Term Debt	0.5	-0.25	0.32	0.51	0.53	-0.38	-0.06	0.4	0.53	0.4	0.52	-0.58	0.54	0.0	0.4	0.41	0.57	0.59	0.44	0.31		0.5	-0.6	0.38	0.36
Common Stock	1.0	0.15	0.89	1.0	1.0	-0.95	-0.82	0.96	1.0	0.96	1.0	-0.93	0.99	-0.18	0.95	0.97	0.99	0.97	0.83	-0.48	0.5		-0.96	0.94	0.94
Inventory	-0.95	0.12	-0.73	-0.96	-0.97	0.84	0.63	-0.85	-0.97	-0.85	-0.96	0.95	-0.98	0.19	-0.83	-0.87	-0.99	-1.0	-0.7	0.35	-0.6	-0.96		-0.82	-0.82
Cash And Equivalents	0.96	0.46	0.99	0.94	0.93	-1.0	-0.91	1.0	0.93	1.0	0.95	-0.8	0.9	-0.2	1.0	1.0	0.89	0.84	0.88	-0.51	0.38	0.94	-0.82		1.0
Property Plant Equipment	0.96	0.46	0.98	0.94	0.92	-1.0	-0.93	1.0	0.92	1.0	0.95	-0.8	0.9	-0.15	0.99	0.99	0.89	0.83	0.89	-0.55	0.36	0.94	-0.82	1.0

Click cells to compare fundamentals

Patriot Battery Account Relationship Matchups

Patriot Battery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9M	4.4M	26.6M	107.7M	247.9M	260.3M
Other Current Liab	41.6K	94.7K	1.9M	29.5M	151K	143.5K
Total Current Liabilities	43.2K	113.9K	2.8M	35.0M	30.6M	32.1M
Total Stockholder Equity	2.9M	4.2M	23.9M	70.0M	203.2M	213.4M
Property Plant And Equipment Net	2.7M	4.2M	14.4M	46.9M	164.3M	172.5M
Net Debt	(255.9K)	(109.6K)	(11.7M)	(56.7M)	(72.6M)	(69.0M)
Retained Earnings	(8.1M)	(8.9M)	(12.8M)	(22.9M)	(20.3M)	(19.3M)
Cash	255.9K	149.6K	11.7M	56.7M	73.0M	76.7M
Non Current Assets Total	2.7M	4.2M	14.4M	46.9M	164.3M	172.5M
Cash And Short Term Investments	255.9K	149.6K	11.7M	56.7M	73.0M	76.7M
Net Receivables	8.2K	4.1K	479K	3.9M	10.0M	10.5M
Liabilities And Stockholders Equity	2.9M	4.4M	26.6M	107.7M	247.9M	260.3M
Total Liab	43.2K	153.9K	2.8M	37.7M	44.7M	46.9M
Total Current Assets	282.3K	159.7K	12.2M	60.9M	83.7M	87.8M
Accounts Payable	1.7K	19.2K	862K	5.5M	30.4M	31.9M
Other Current Assets	18.2K	6.1K	32K	249K	10.7M	11.2M
Accumulated Other Comprehensive Income	1.2M	1.6M	3.5M	14.9M	15.7M	16.5M
Common Stock	9.8M	11.5M	32.9M	78.0M	207.8M	218.2M
Inventory	18.2K	6.0K	31.5K	244.9K	(10.0M)	(9.5M)
Cash And Equivalents	255.9K	149.6K	11.7M	56.7M	65.2M	68.5M
Property Plant Equipment	2.7M	4.2M	14.4M	46.9M	53.9M	56.6M

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