American Net Income From Continuing Ops vs Net Income Analysis

ABAT Stock

1.00 0.01 1.01%

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 Net Income From Continuing Ops and its Net Income 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.

Net Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Battery Tec Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between American Battery's Net Income From Continuing Ops and Net Income is 0.92. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income 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 Net Income From Continuing Ops and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of American Battery Technology are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income From Continuing Ops i.e., American Battery's Net Income From Continuing Ops and Net Income go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income From Continuing Ops

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in American Battery Tec financial statement analysis. It represents the amount of money remaining after all of American Battery Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 2025. Issuance Of Capital Stock is likely to drop to about 34.2 M in 2025

	2022	2023	2024	2025 (projected)
Research Development	7.7M	14.3M	16.5M	17.3M
Income Tax Expense	205.6K	180.4K	162.3K	154.2K

Research Development Income Tax Expense

American Battery fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Non Current Liabilities Total	Current Deferred Revenue	Non Current Assets Total	Long Term Debt	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Net Tangible Assets	Non Currrent Assets Other
Total Assets		0.93	0.92	1.0	-0.15	-0.95	0.9	0.47	0.47	0.77	0.98	0.92	0.82	0.92	0.06	0.69	0.39	-0.78	0.98	-0.65	0.94	0.79	-0.16	0.31	1.0	0.93
Short Long Term Debt Total	0.93		0.97	0.89	0.23	-0.86	0.94	0.11	0.11	0.79	0.91	0.97	0.57	1.0	-0.25	0.7	0.44	-0.67	0.97	-0.7	0.84	0.64	-0.27	0.0	0.9	0.77
Total Current Liabilities	0.92	0.97		0.88	0.15	-0.9	0.94	0.18	0.18	0.83	0.93	1.0	0.63	0.97	-0.12	0.8	0.41	-0.8	0.95	-0.7	0.86	0.72	-0.14	0.14	0.89	0.78
Total Stockholder Equity	1.0	0.89	0.88		-0.22	-0.94	0.86	0.52	0.52	0.73	0.97	0.88	0.84	0.89	0.1	0.64	0.38	-0.76	0.97	-0.63	0.94	0.79	-0.16	0.34	1.0	0.95
Net Debt	-0.15	0.23	0.15	-0.22		0.23	0.08	-0.94	-0.94	0.02	-0.19	0.14	-0.65	0.23	-0.87	0.06	0.16	0.28	0.04	-0.09	-0.22	-0.37	-0.35	-0.87	-0.22	-0.39
Retained Earnings	-0.95	-0.86	-0.9	-0.94	0.23		-0.88	-0.54	-0.54	-0.79	-0.98	-0.9	-0.83	-0.85	-0.24	-0.76	-0.24	0.87	-0.91	0.52	-0.95	-0.88	-0.04	-0.44	-0.95	-0.93
Accounts Payable	0.9	0.94	0.94	0.86	0.08	-0.88		0.22	0.22	0.95	0.93	0.95	0.69	0.94	-0.08	0.62	0.47	-0.75	0.89	-0.76	0.8	0.69	-0.1	0.18	0.87	0.81
Cash	0.47	0.11	0.18	0.52	-0.94	-0.54	0.22		1.0	0.24	0.49	0.18	0.85	0.11	0.8	0.21	-0.03	-0.52	0.3	-0.09	0.53	0.62	0.26	0.87	0.53	0.66
Cash And Short Term Investments	0.47	0.11	0.18	0.52	-0.94	-0.54	0.22	1.0		0.23	0.49	0.18	0.85	0.11	0.8	0.21	-0.03	-0.52	0.3	-0.09	0.53	0.62	0.26	0.87	0.53	0.66
Common Stock Shares Outstanding	0.77	0.79	0.83	0.73	0.02	-0.79	0.95	0.24	0.23		0.83	0.84	0.68	0.79	0.04	0.51	0.52	-0.72	0.73	-0.75	0.67	0.67	0.1	0.29	0.74	0.74
Other Stockholder Equity	0.98	0.91	0.93	0.97	-0.19	-0.98	0.93	0.49	0.49	0.83		0.93	0.85	0.91	0.15	0.71	0.36	-0.85	0.95	-0.67	0.93	0.83	-0.05	0.39	0.98	0.94
Total Liab	0.92	0.97	1.0	0.88	0.14	-0.9	0.95	0.18	0.18	0.84	0.93		0.63	0.97	-0.12	0.8	0.42	-0.8	0.95	-0.71	0.86	0.73	-0.14	0.14	0.89	0.78
Total Current Assets	0.82	0.57	0.63	0.84	-0.65	-0.83	0.69	0.85	0.85	0.68	0.85	0.63		0.57	0.51	0.44	0.31	-0.74	0.68	-0.53	0.79	0.77	0.09	0.74	0.84	0.89
Short Term Debt	0.92	1.0	0.97	0.89	0.23	-0.85	0.94	0.11	0.11	0.79	0.91	0.97	0.57		-0.26	0.69	0.43	-0.66	0.97	-0.7	0.84	0.63	-0.29	-0.01	0.89	0.77
Common Stock	0.06	-0.25	-0.12	0.1	-0.87	-0.24	-0.08	0.8	0.8	0.04	0.15	-0.12	0.51	-0.26		0.1	-0.3	-0.43	-0.1	0.14	0.19	0.51	0.74	0.9	0.12	0.35
Other Current Liab	0.69	0.7	0.8	0.64	0.06	-0.76	0.62	0.21	0.21	0.51	0.71	0.8	0.44	0.69	0.1		0.21	-0.81	0.71	-0.28	0.81	0.77	0.12	0.26	0.67	0.56
Non Current Liabilities Total	0.39	0.44	0.41	0.38	0.16	-0.24	0.47	-0.03	-0.03	0.52	0.36	0.42	0.31	0.43	-0.3	0.21		-0.15	0.39	-0.54	0.32	0.22	-0.21	0.07	0.36	0.22
Current Deferred Revenue	-0.78	-0.67	-0.8	-0.76	0.28	0.87	-0.75	-0.52	-0.52	-0.72	-0.85	-0.8	-0.74	-0.66	-0.43	-0.81	-0.15		-0.73	0.52	-0.8	-0.87	-0.31	-0.56	-0.79	-0.81
Non Current Assets Total	0.98	0.97	0.95	0.97	0.04	-0.91	0.89	0.3	0.3	0.73	0.95	0.95	0.68	0.97	-0.1	0.71	0.39	-0.73		-0.64	0.92	0.73	-0.23	0.14	0.97	0.87
Long Term Debt	-0.65	-0.7	-0.7	-0.63	-0.09	0.52	-0.76	-0.09	-0.09	-0.75	-0.67	-0.71	-0.53	-0.7	0.14	-0.28	-0.54	0.52	-0.64		-0.43	-0.34	0.17	-0.13	-0.62	-0.55
Net Invested Capital	0.94	0.84	0.86	0.94	-0.22	-0.95	0.8	0.53	0.53	0.67	0.93	0.86	0.79	0.84	0.19	0.81	0.32	-0.8	0.92	-0.43		0.9	-0.01	0.4	0.95	0.9
Short Long Term Debt	0.79	0.64	0.72	0.79	-0.37	-0.88	0.69	0.62	0.62	0.67	0.83	0.73	0.77	0.63	0.51	0.77	0.22	-0.87	0.73	-0.34	0.9		0.42	0.64	0.81	0.86
Capital Stock	-0.16	-0.27	-0.14	-0.16	-0.35	-0.04	-0.1	0.26	0.26	0.1	-0.05	-0.14	0.09	-0.29	0.74	0.12	-0.21	-0.31	-0.23	0.17	-0.01	0.42		0.59	-0.14	0.09
Net Working Capital	0.31	0.0	0.14	0.34	-0.87	-0.44	0.18	0.87	0.87	0.29	0.39	0.14	0.74	-0.01	0.9	0.26	0.07	-0.56	0.14	-0.13	0.4	0.64	0.59		0.36	0.5
Net Tangible Assets	1.0	0.9	0.89	1.0	-0.22	-0.95	0.87	0.53	0.53	0.74	0.98	0.89	0.84	0.89	0.12	0.67	0.36	-0.79	0.97	-0.62	0.95	0.81	-0.14	0.36		0.95
Non Currrent Assets Other	0.93	0.77	0.78	0.95	-0.39	-0.93	0.81	0.66	0.66	0.74	0.94	0.78	0.89	0.77	0.35	0.56	0.22	-0.81	0.87	-0.55	0.9	0.86	0.09	0.5	0.95

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American Battery Account Relationship Matchups

American Battery fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	21.3M	52.9M	74.7M	77.7M	89.3M	93.8M
Total Current Liabilities	1.8M	3.1M	13.4M	15.8M	18.2M	19.1M
Total Stockholder Equity	19.4M	49.6M	61.2M	61.5M	70.7M	74.2M
Net Debt	(12.8M)	(28.8M)	3.9M	(500.1K)	(450.1K)	(472.6K)
Retained Earnings	(105.1M)	(138.6M)	(160.0M)	(213.3M)	(192.0M)	(182.4M)
Accounts Payable	1.6M	344.1K	1.8M	4.3M	4.9M	5.1M
Cash	12.8M	29.0M	2.3M	7.0M	8.1M	4.8M
Cash And Short Term Investments	12.8M	29.0M	2.3M	7.0M	8.1M	4.8M
Common Stock Shares Outstanding	33.2M	2.8M	2.9M	52.0M	59.8M	62.8M
Liabilities And Stockholders Equity	21.3M	52.9M	74.7M	77.7M	89.3M	93.8M
Other Stockholder Equity	121.9M	188.2M	221.7M	274.7M	315.9M	331.7M
Total Liab	1.8M	3.2M	13.4M	16.2M	18.6M	19.6M
Total Current Assets	14.1M	29.9M	4.8M	18.4M	21.2M	22.2M
Common Stock	573.3K	644.1K	45.9K	64.1K	73.7K	70.0K
Other Current Liab	205.6K	2.6M	5.8M	5.0M	5.8M	2.9M
Non Current Liabilities Total	0.0	175.8K	54.3K	409.2K	470.6K	494.1K
Property Plant And Equipment Net	5.5M	19.1M	38.3M	54.8M	63.0M	66.1M
Non Current Assets Total	7.1M	23.0M	69.9M	59.3M	68.2M	71.6M
Other Current Assets	1.3M	878.8K	1.6M	10.2M	11.8M	12.3M

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