American Battery Technology Stock Piotroski F Score

ABAT Stock   0.95  0.06  6.74%   
This module uses fundamental data of American Battery to approximate its Piotroski F score. American Battery F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of American Battery Technology. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about American Battery financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out American Battery Altman Z Score, American Battery Correlation, American Battery Valuation, as well as analyze American Battery Alpha and Beta and American Battery Hype Analysis.
  
At this time, American Battery's Short and Long Term Debt Total is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 6.8 M in 2024, whereas Short and Long Term Debt is likely to drop slightly above 4.7 M in 2024. At this time, American Battery's ROIC is comparatively stable compared to the past year. Payables Turnover is likely to gain to 0.82 in 2024, whereas Free Cash Flow Yield is likely to drop (0.51) in 2024.
At this time, it appears that American Battery's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
2.0
Piotroski F Score - Frail
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Negative

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

American Battery Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to American Battery is to make sure American is not a subject of accounting manipulations and runs a healthy internal audit department. So, if American Battery's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if American Battery's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.00350.004
Fairly Down
Slightly volatile
Total Current Liabilities16.6 M15.8 M
Sufficiently Up
Slightly volatile
Total Assets81.6 M77.7 M
Sufficiently Up
Slightly volatile
Total Current Assets19.3 M18.4 M
Sufficiently Up
Slightly volatile

American Battery Tec F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between American Battery's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards American Battery in a much-optimized way.

About American Battery Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

(0.64)

At this time, American Battery's Book Value Per Share is comparatively stable compared to the past year.

About American Battery Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze American Battery Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Battery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Battery Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.