ABAT Stock | | | 0.89 0.13 17.11% |
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 Total Liab 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.
Total Liab vs Short Long Term Debt
Total Liab 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 Total Liab account and
Short Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between American Battery's Total Liab and Short Long Term Debt is 0.68. Overlapping area represents the amount of variation of Total Liab 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 Total Liab 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 Total Liab 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 Total Liab i.e., American Battery's Total Liab and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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
American Battery fundamental ratios Correlations
Click cells to compare fundamentals
American Battery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Battery fundamental ratios Accounts
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