International Battery Current Ratio vs. Shares Outstanding
| IBATF Stock | USD 0.21 0.02 8.70% |
For International Battery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of International Battery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well International Battery Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between International Battery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of International Battery Metals over time as well as its relative position and ranking within its peers.
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International Battery Shares Outstanding vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining International Battery's current stock value. Our valuation model uses many indicators to compare International Battery value to that of its competitors to determine the firm's financial worth. International Battery Metals is rated below average in current ratio category among its peers. It is rated below average in shares outstanding category among its peers creating about 634,650,036 of Shares Outstanding per Current Ratio. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the International Battery's earnings, one of the primary drivers of an investment's value.International Shares Outstanding vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
International Battery |
| = | 0.22 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
International Battery |
| = | 139.62 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
International Shares Outstanding Comparison
International Battery is currently under evaluation in shares outstanding category among its peers.
International Battery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in International Battery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, International Battery will eventually generate negative long term returns. The profitability progress is the general direction of International Battery's change in net profit over the period of time. It can combine multiple indicators of International Battery, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
International Battery Metals Ltd., a technology company, engages in developing technologies for the extraction and processing of lithium from various sources. International Battery Metals Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. International Battery is traded on OTC Exchange in the United States.
International Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on International Battery. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of International Battery position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the International Battery's important profitability drivers and their relationship over time.
Use International Battery in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Battery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Battery will appreciate offsetting losses from the drop in the long position's value.International Battery Pair Trading
International Battery Metals Pair Trading Analysis
The ability to find closely correlated positions to International Battery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Battery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Battery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Battery Metals to buy it.
The correlation of International Battery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Battery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Battery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International Battery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your International Battery position
In addition to having International Battery in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in International Pink Sheet
To fully project International Battery's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of International Battery at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include International Battery's income statement, its balance sheet, and the statement of cash flows.