Bannix Non Current Assets Total vs Common Stock Shares Outstanding Analysis

BNIX Stock

USD 11.20 0.02 0.18%

Bannix Acquisition financial indicator trend analysis is way more than just evaluating Bannix Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bannix Acquisition Corp is a good investment. Please check the relationship between Bannix Acquisition Non Current Assets Total and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bannix Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Non Current Assets Total vs Common Stock Shares Outstanding

Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Non Current Assets Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have totally related.

The correlation between Bannix Acquisition's Non Current Assets Total and Common Stock Shares Outstanding is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bannix Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Bannix Acquisition's Non Current Assets Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Bannix Acquisition Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Assets Total i.e., Bannix Acquisition's Non Current Assets Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Bannix Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bannix Acquisition Corp 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 Bannix Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Tax Provision is likely to drop to about 268.2 K in 2024. Selling General Administrative is likely to drop to about 316.6 K in 2024

	2010	2022	2023	2024 (projected)
Depreciation And Amortization	236.6K	1.0M	1.8M	1.1M
Interest Income	1.5K	1.1M	2.0M	1.1M

Depreciation And Amortization Interest Income

Bannix Acquisition fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock
Total Assets		-0.74	-0.96	-0.94	1.0	0.83	-0.73	0.21	-0.67	0.88	-0.98	0.48	1.0	-0.96	0.48	0.99	0.75	0.79	0.75	-0.16	1.0	0.58	0.97	0.92	-0.74	0.97
Short Long Term Debt Total	-0.74		0.76	0.91	-0.71	-0.65	0.99	-0.81	1.0	-0.95	0.81	-0.94	-0.73	0.74	-0.94	-0.75	-0.99	-0.98	-0.99	-0.54	-0.7	-0.97	-0.56	-0.92	1.0	-0.56
Other Current Liab	-0.96	0.76		0.89	-0.95	-0.95	0.71	-0.27	0.7	-0.93	0.91	-0.56	-0.96	1.0	-0.56	-0.99	-0.81	-0.84	-0.8	0.06	-0.95	-0.64	-0.92	-0.96	0.76	-0.92
Total Current Liabilities	-0.94	0.91	0.89		-0.93	-0.73	0.91	-0.5	0.86	-0.94	0.98	-0.7	-0.94	0.89	-0.7	-0.92	-0.89	-0.9	-0.88	-0.14	-0.93	-0.78	-0.84	-0.95	0.91	-0.84
Total Stockholder Equity	1.0	-0.71	-0.95	-0.93		0.82	-0.7	0.16	-0.63	0.85	-0.98	0.43	1.0	-0.95	0.43	0.98	0.71	0.75	0.71	-0.21	1.0	0.54	0.98	0.89	-0.71	0.98
Other Liab	0.83	-0.65	-0.95	-0.73	0.82		-0.56	0.24	-0.6	0.86	-0.73	0.53	0.83	-0.95	0.53	0.91	0.75	0.78	0.74	-0.02	0.82	0.59	0.79	0.88	-0.65	0.79
Net Tangible Assets	-0.73	0.99	0.71	0.91	-0.7	-0.56		-0.8	0.98	-0.91	0.82	-0.9	-0.72	0.69	-0.9	-0.72	-0.95	-0.95	-0.95	-0.52	-0.7	-0.95	-0.55	-0.88	0.99	-0.55
Current Deferred Revenue	0.21	-0.81	-0.27	-0.5	0.16	0.24	-0.8		-0.86	0.61	-0.32	0.95	0.2	-0.25	0.95	0.25	0.79	0.75	0.79	0.93	0.16	0.91	-0.03	0.54	-0.81	-0.03
Net Debt	-0.67	1.0	0.7	0.86	-0.63	-0.6	0.98	-0.86		-0.92	0.75	-0.96	-0.66	0.68	-0.96	-0.69	-0.98	-0.97	-0.98	-0.62	-0.63	-0.99	-0.48	-0.88	1.0	-0.48
Retained Earnings	0.88	-0.95	-0.93	-0.94	0.85	0.86	-0.91	0.61	-0.92		-0.89	0.83	0.88	-0.92	0.83	0.91	0.97	0.98	0.97	0.31	0.86	0.88	0.75	1.0	-0.95	0.75
Accounts Payable	-0.98	0.81	0.91	0.98	-0.98	-0.73	0.82	-0.32	0.75	-0.89		-0.55	-0.98	0.91	-0.55	-0.95	-0.79	-0.82	-0.78	0.06	-0.97	-0.65	-0.92	-0.91	0.81	-0.92
Cash	0.48	-0.94	-0.56	-0.7	0.43	0.53	-0.9	0.95	-0.96	0.83	-0.55		0.47	-0.54	1.0	0.53	0.94	0.92	0.94	0.79	0.43	0.99	0.26	0.77	-0.94	0.26
Non Current Assets Total	1.0	-0.73	-0.96	-0.94	1.0	0.83	-0.72	0.2	-0.66	0.88	-0.98	0.47		-0.96	0.47	0.99	0.74	0.78	0.74	-0.17	1.0	0.57	0.97	0.91	-0.73	0.97
Non Currrent Assets Other	-0.96	0.74	1.0	0.89	-0.95	-0.95	0.69	-0.25	0.68	-0.92	0.91	-0.54	-0.96		-0.54	-0.99	-0.79	-0.83	-0.78	0.09	-0.96	-0.62	-0.93	-0.95	0.74	-0.93
Cash And Short Term Investments	0.48	-0.94	-0.56	-0.7	0.43	0.53	-0.9	0.95	-0.96	0.83	-0.55	1.0	0.47	-0.54		0.53	0.94	0.92	0.94	0.79	0.43	0.99	0.26	0.77	-0.94	0.26
Common Stock Shares Outstanding	0.99	-0.75	-0.99	-0.92	0.98	0.91	-0.72	0.25	-0.69	0.91	-0.95	0.53	0.99	-0.99	0.53		0.79	0.82	0.78	-0.11	0.98	0.62	0.95	0.95	-0.75	0.95
Non Current Liabilities Total	0.75	-0.99	-0.81	-0.89	0.71	0.75	-0.95	0.79	-0.98	0.97	-0.79	0.94	0.74	-0.79	0.94	0.79		1.0	1.0	0.52	0.71	0.97	0.58	0.94	-0.99	0.58
Other Current Assets	0.79	-0.98	-0.84	-0.9	0.75	0.78	-0.95	0.75	-0.97	0.98	-0.82	0.92	0.78	-0.83	0.92	0.82	1.0		1.0	0.48	0.75	0.96	0.62	0.96	-0.98	0.62
Other Stockholder Equity	0.75	-0.99	-0.8	-0.88	0.71	0.74	-0.95	0.79	-0.98	0.97	-0.78	0.94	0.74	-0.78	0.94	0.78	1.0	1.0		0.54	0.71	0.97	0.57	0.94	-0.99	0.57
Total Liab	-0.16	-0.54	0.06	-0.14	-0.21	-0.02	-0.52	0.93	-0.62	0.31	0.06	0.79	-0.17	0.09	0.79	-0.11	0.52	0.48	0.54		-0.21	0.71	-0.39	0.22	-0.54	-0.39
Net Invested Capital	1.0	-0.7	-0.95	-0.93	1.0	0.82	-0.7	0.16	-0.63	0.86	-0.97	0.43	1.0	-0.96	0.43	0.98	0.71	0.75	0.71	-0.21		0.54	0.98	0.9	-0.7	0.98
Total Current Assets	0.58	-0.97	-0.64	-0.78	0.54	0.59	-0.95	0.91	-0.99	0.88	-0.65	0.99	0.57	-0.62	0.99	0.62	0.97	0.96	0.97	0.71	0.54		0.37	0.84	-0.97	0.37
Capital Stock	0.97	-0.56	-0.92	-0.84	0.98	0.79	-0.55	-0.03	-0.48	0.75	-0.92	0.26	0.97	-0.93	0.26	0.95	0.58	0.62	0.57	-0.39	0.98	0.37		0.81	-0.56	1.0
Net Working Capital	0.92	-0.92	-0.96	-0.95	0.89	0.88	-0.88	0.54	-0.88	1.0	-0.91	0.77	0.91	-0.95	0.77	0.95	0.94	0.96	0.94	0.22	0.9	0.84	0.81		-0.92	0.81
Short Term Debt	-0.74	1.0	0.76	0.91	-0.71	-0.65	0.99	-0.81	1.0	-0.95	0.81	-0.94	-0.73	0.74	-0.94	-0.75	-0.99	-0.98	-0.99	-0.54	-0.7	-0.97	-0.56	-0.92		-0.56
Common Stock	0.97	-0.56	-0.92	-0.84	0.98	0.79	-0.55	-0.03	-0.48	0.75	-0.92	0.26	0.97	-0.93	0.26	0.95	0.58	0.62	0.57	-0.39	0.98	0.37	1.0	0.81	-0.56

Click cells to compare fundamentals

Bannix Acquisition Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Bannix Stock Analysis

When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Bannix Non Current Assets Total vs Common Stock Shares Outstanding Analysis

Non Current Assets Total vs Common Stock Shares Outstanding

Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Common Stock Shares Outstanding

Bannix Acquisition fundamental ratios Correlations

Bannix Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Bannix Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Short Long Term Debt Total
Non Currrent Assets Other	+ 1.0	Other Current Liab

Short Term Debt	- 0.99	Other Stockholder Equity
Short Term Debt	- 0.99	Non Current Liabilities Total
Common Stock Shares Outstanding	- 0.99	Non Currrent Assets Other
Total Current Assets	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.99	Other Current Liab
Other Stockholder Equity	- 0.99	Short Long Term Debt Total