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ABAT (American Battery Technology Co) ROE % : -77.44% (As of Sep. 2024)


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What is American Battery Technology Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. American Battery Technology Co's annualized net income for the quarter that ended in Sep. 2024 was $-46.78 Mil. American Battery Technology Co's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $60.41 Mil. Therefore, American Battery Technology Co's annualized ROE % for the quarter that ended in Sep. 2024 was -77.44%.

The historical rank and industry rank for American Battery Technology Co's ROE % or its related term are showing as below:

ABAT' s ROE % Range Over the Past 10 Years
Min: -569.95   Med: -91.47   Max: -40.16
Current: -85.93

During the past 11 years, American Battery Technology Co's highest ROE % was -40.16%. The lowest was -569.95%. And the median was -91.47%.

ABAT's ROE % is ranked worse than
81.55% of 2417 companies
in the Metals & Mining industry
Industry Median: -16.98 vs ABAT: -85.93

American Battery Technology Co ROE % Historical Data

The historical data trend for American Battery Technology Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Battery Technology Co ROE % Chart

American Battery Technology Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -569.95 -97.11 -40.16 -85.83

American Battery Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -59.25 -59.10 -58.52 -142.54 -77.44

Competitive Comparison of American Battery Technology Co's ROE %

For the Other Industrial Metals & Mining subindustry, American Battery Technology Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Battery Technology Co's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, American Battery Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where American Battery Technology Co's ROE % falls into.



American Battery Technology Co ROE % Calculation

American Battery Technology Co's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as

ROE %=Net Income (A: Jun. 2024 )/( (Total Stockholders Equity (A: Jun. 2023 )+Total Stockholders Equity (A: Jun. 2024 ))/ count )
=-52.502/( (60.869+61.468)/ 2 )
=-52.502/61.1685
=-85.83 %

American Battery Technology Co's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-46.78/( (61.468+59.345)/ 2 )
=-46.78/60.4065
=-77.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


American Battery Technology Co  (NAS:ABAT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-46.78/60.4065
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-46.78 / 0.808)*(0.808 / 75.754)*(75.754 / 60.4065)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5789.6 %*0.0107*1.2541
=ROA %*Equity Multiplier
=-61.95 %*1.2541
=-77.44 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-46.78/60.4065
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-46.78 / -46.78) * (-46.78 / -39.212) * (-39.212 / 0.808) * (0.808 / 75.754) * (75.754 / 60.4065)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.193 * -4852.97 % * 0.0107 * 1.2541
=-77.44 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


American Battery Technology Co ROE % Related Terms

Thank you for viewing the detailed overview of American Battery Technology Co's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


American Battery Technology Co Business Description

Traded in Other Exchanges
N/A
Address
100 Washington Street, Suite 100, Reno, NV, USA, 89503
American Battery Technology Co is engaged in lithium-ion battery recycling, battery metals and material extraction, and resource production. It is a battery metals company producing low-cost battery metals with a commitment to closed-loop, clean energy technologies.
Executives
Scott Jolcover officer: Chief Resource Officer PO BOX 1118, VIRGINIA CITY NV 89440
Jesse Samuel Deutsch officer: Chief Financial Officer 269 BOOTH LN, HAVERFORD PA 19041
Fezell Donald Richard Jr director PO BOX 2384, CARMEL CA 93921
Kimberly Ann Eckert officer: Chief Financial Officer 1560 W 37TH AVE, DENVER CO 80211
Elizabeth Ann Lowery director 275 DATE PALM RD #303, VERO BEACH FL 32963
Douglas Cole director, officer: CEO, CFO C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
Julia Blunden director 16765 EDGAR ST., PACIFIC PALISADES CA 90272
Sherif Marakby director 6061 FAIRBORN DR, CANTON MI 48187
Douglas Charles Maclellan director 11825 MAJOR STREET, CULVER CITY CA 90230
David Bruce Batstone director PO BOX 253, EL GRANADA CA 94018
Meza Leal Andres Manuel officer: Chief Operating Officer 202 SEAVIEW STREET, #209, MANHATTAN BEACH CA 90266
John Hunter William director 930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
David Corsaut officer: Chief Financial Officer 22120 SERENATA CIRCLE, BOCA RATON FL 33433
Ryan Mitchell Melsert director, officer: Chief Technology Officer 255 N SIERRA ST, UNIT 1512, RENO NV 89501
Michael Thomas Mason director, officer: Chief Executive Officer 142 STRATFORD AVE, GARDEN CITY NY 11530

American Battery Technology Co Headlines

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