State of Health (SOH) is a critical index for a Sealed Lead-Acid (SLA) battery diagnostic which provides the information about battery replacement and aging effects. SOH is a complex function of chemical parameters of a battery such as stratification in electrolyte, electrode structure (sulfation and hard sulfation) in addition to electrical parameters of a battery. This paper describes a method of online determination of stratification, electrode structure, electrode polarization and current profile within the battery under the influence of a magnetic field. An AC magnetic field is used as a noninvasive tool during battery cycles. An induced emf in a secondary coil (SCV) is used as a measure of change in the magnetic field. The H+ proton density varies with change in sulfuric acid (electrolyte) concentration during battery cycles. The magnetic flux lines are affected by the density of H+ protons whose magnetic dipole moments try to align along the magnetic flux lines. The stratification is seen by a 12% decrease in magnetic flux linking from the top to the bottom of the electrolyte in a battery. Additional experimental results demonstrate the variation in magnetic flux linking which correlates with current profile across the electrode and electrode structure.