Patriot Stock Based Compensation vs Net Income Analysis
| PMET Stock | 3.84 0.13 3.50% |
Patriot Battery financial indicator trend analysis is much more than just breaking down Patriot Battery Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patriot Battery Metals is a good investment. Please check the relationship between Patriot Battery Stock Based Compensation and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Stock Based Compensation vs Net Income
Stock Based Compensation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patriot Battery Metals Stock Based Compensation account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Patriot Battery's Stock Based Compensation and Net Income is -0.78. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income in the same time period over historical financial statements of Patriot Battery Metals, assuming nothing else is changed. The correlation between historical values of Patriot Battery's Stock Based Compensation 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 Stock Based Compensation of Patriot Battery Metals 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 Stock Based Compensation i.e., Patriot Battery's Stock Based Compensation and Net Income go up and down completely randomly.
Correlation Coefficient | -0.78 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Patriot Battery Metals financial statement analysis. It represents the amount of money remaining after all of Patriot Battery Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Patriot Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patriot Battery Metals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patriot Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Patriot Battery's Issuance Of Capital Stock is very stable compared to the past year. As of the 6th of August 2025, Enterprise Value Over EBITDA is likely to grow to 23.36, while Selling General Administrative is likely to drop about 11.3 M.
Patriot Battery fundamental ratios Correlations
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Patriot Battery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Patriot Battery fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 4.4M | 26.6M | 107.7M | 247.9M | 366.6M | 385.0M | |
| Other Current Liab | 113.9K | 1.9M | 31.1M | 30.4M | 35.0M | 36.7M | |
| Total Current Liabilities | 153.9K | 2.8M | 35.0M | 30.6M | 24.3M | 25.5M | |
| Total Stockholder Equity | 4.2M | 23.9M | 70.0M | 203.2M | 316.1M | 331.9M | |
| Net Debt | (98.1K) | (11.7M) | (56.7M) | (72.6M) | (65.4M) | (62.1M) | |
| Retained Earnings | (8.9M) | (12.8M) | (22.9M) | (20.3M) | (3.9M) | (4.1M) | |
| Cash | 138.1K | 11.7M | 56.7M | 73.0M | 84.0M | 88.2M | |
| Non Current Assets Total | 4.2M | 14.4M | 46.9M | 164.3M | 188.9M | 198.3M | |
| Cash And Short Term Investments | 149.6K | 11.7M | 56.7M | 73.0M | 101.2M | 106.2M | |
| Net Receivables | 4.1K | 478.5K | 3.9M | 10.0M | 11.5M | 12.0M | |
| Common Stock Shares Outstanding | 8.3M | 37.7M | 89.7M | 121.5M | 162.3M | 170.4M | |
| Liabilities And Stockholders Equity | 4.4M | 26.6M | 107.7M | 247.9M | 366.6M | 385.0M | |
| Other Current Assets | 6.1K | 32.3K | 249K | 699K | 803.9K | 844.0K | |
| Total Liab | 153.9K | 2.8M | 37.7M | 44.7M | 50.5M | 53.1M | |
| Total Current Assets | 159.7K | 12.2M | 60.9M | 83.7M | 110.2M | 115.7M | |
| Accumulated Other Comprehensive Income | 1.6M | 3.7M | 14.9M | 15.7M | 18.1M | 19.0M | |
| Common Stock | 11.5M | 32.9M | 78.0M | 207.8M | 320.0M | 336.0M | |
| Property Plant And Equipment Net | 4.2M | 14.4M | 588K | 52.3M | 60.2M | 63.2M | |
| Accounts Payable | 19.2K | 862K | 3.9M | 30.4M | 35.0M | 36.7M |
Pair Trading with Patriot Battery
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 Patriot 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 Patriot Battery will appreciate offsetting losses from the drop in the long position's value.Moving together with Patriot Stock
| 0.79 | NGEX | NGEx Minerals Earnings Call This Week | PairCorr |
Moving against Patriot Stock
The ability to find closely correlated positions to Patriot 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 Patriot 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 Patriot 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 Patriot Battery Metals to buy it.
The correlation of Patriot 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 Patriot Battery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patriot Battery Metals 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 Patriot 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.Other Information on Investing in Patriot Stock
Balance Sheet is a snapshot of the financial position of Patriot Battery Metals at a specified time, usually calculated after every quarter, six months, or one year. Patriot Battery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Patriot Battery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Patriot currently owns. An asset can also be divided into two categories, current and non-current.