American Battery Financials

ABAT Stock   0.89  0.13  17.11%   
Based on the key measurements obtained from American Battery's financial statements, American Battery Technology may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At this time, American Battery's Total Liabilities is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 19.3 M in 2024, whereas Cash is likely to drop slightly above 4.8 M in 2024. Key indicators impacting American Battery's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.01181.1651
Way Down
Slightly volatile
Investors should never underestimate American Battery's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor American Battery's cash flow, debt, and profitability to make informed and accurate decisions about investing in American Battery Technology.

Net Income

(49.88 Million)

  
Understanding current and past American Battery Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of American Battery's financial statements are interrelated, with each one affecting the others. For example, an increase in American Battery's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in American Battery's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of American Battery Technology. Check American Battery's Beneish M Score to see the likelihood of American Battery's management manipulating its earnings.

American Battery Stock Summary

American Battery competes with Pinterest, Infosys, Magna International, Definitive Healthcare, and Q2 Holdings. Advanced Battery Technologies, Inc., through its subsidiaries, designs, manufactures, markets, and distributes rechargeable polymer lithiumion batteries.
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP02451V309 02451V101 687157107
LocationNevada; U.S.A
Business Address100 Washington Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websiteamericanbatterytechnology.com
Phone775 473 4744

American Battery Key Financial Ratios

American Battery Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2M21.3M52.9M74.7M77.7M81.6M
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
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

American Battery Key Income Statement Accounts

The reason investors look at the income statement is to determine what American Battery's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Operating Income(5.8M)(37.7M)(33.5M)(21.5M)(37.5M)(35.6M)
Ebit(5.8M)(38.1M)(33.5M)(21.5M)(52.3M)(49.7M)
Ebitda(5.8M)(38.1M)(33.4M)(21.3M)(50.6M)(48.0M)
Income Before Tax(17.8M)(41.8M)(33.5M)(21.3M)(52.5M)(49.9M)
Net Income(17.8M)(41.8M)(33.5M)(21.3M)(52.5M)(49.9M)
Interest Expense5.9M2.9M20.0128.6K158.1K150.2K
Net Interest Income(6.2M)(3.3M)(20.0)(128.6K)(4.4M)(4.6M)

American Battery Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash707.2K12.0M16.1M(26.7M)4.7M4.9M
Free Cash Flow(3.0M)(14.8M)(25.3M)(28.2M)(29.4M)(28.0M)
Capital Expenditures3.9K7.1M15.1M14.8M12.7M13.3M
Net Income(17.8M)(41.9M)(33.5M)(21.3M)(52.5M)(49.9M)
End Period Cash Flow829.9K12.8M29.0M2.3M7.0M4.8M
Other Non Cash Items14.6M34.2M21.2M43.9K14.8M11.4M

American Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining American Battery's current stock value. Our valuation model uses many indicators to compare American Battery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Battery competition to find correlations between indicators driving American Battery's intrinsic value. More Info.
American Battery Technology is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, American Battery's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value American Battery by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

American Battery Tec Systematic Risk

American Battery's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. American Battery volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on American Battery Tec correlated with the market. If Beta is less than 0 American Battery generally moves in the opposite direction as compared to the market. If American Battery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American Battery Tec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American Battery is generally in the same direction as the market. If Beta > 1 American Battery moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in American Battery Stock are looking for potential investment opportunities by analyzing not only static indicators but also various American Battery's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of American Battery growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0102)

At this time, American Battery's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

American Battery November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of American Battery help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of American Battery Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of American Battery Technology based on widely used predictive technical indicators. In general, we focus on analyzing American Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American Battery's daily price indicators and compare them against related drivers.

Additional Tools for American Stock Analysis

When running American Battery's price analysis, check to measure American Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Battery is operating at the current time. Most of American Battery's value examination focuses on studying past and present price action to predict the probability of American Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Battery's price. Additionally, you may evaluate how the addition of American Battery to your portfolios can decrease your overall portfolio volatility.