Bannix Common Stock Shares Outstanding vs Net Invested Capital Analysis

BNIXW Stock  USD 0.02  0.00  0.00%   
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 Common Stock Shares Outstanding and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Common Stock Shares Outstanding vs Net Invested Capital

Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Common Stock Shares Outstanding account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bannix Acquisition's Common Stock Shares Outstanding and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Invested Capital 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 Common Stock Shares Outstanding and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Bannix Acquisition Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock Shares Outstanding i.e., Bannix Acquisition's Common Stock Shares Outstanding and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

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

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
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 Amortization236.6K1.0M1.8M1.1M
Interest Income1.5K1.1M2.0M1.1M

Bannix Acquisition fundamental ratios Correlations

-0.74-0.96-0.941.00.21-0.670.88-0.980.481.0-0.960.480.990.750.790.75-0.161.00.580.970.92-0.740.970.830.83
-0.740.760.91-0.71-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.921.0-0.56-0.65-0.65
-0.960.760.89-0.95-0.270.7-0.930.91-0.56-0.961.0-0.56-0.99-0.81-0.84-0.80.06-0.95-0.64-0.92-0.960.76-0.92-0.95-0.95
-0.940.910.89-0.93-0.50.86-0.940.98-0.7-0.940.89-0.7-0.92-0.89-0.9-0.88-0.14-0.93-0.78-0.84-0.950.91-0.84-0.73-0.73
1.0-0.71-0.95-0.930.16-0.630.85-0.980.431.0-0.950.430.980.710.750.71-0.211.00.540.980.89-0.710.980.820.82
0.21-0.81-0.27-0.50.16-0.860.61-0.320.950.2-0.250.950.250.790.750.790.930.160.91-0.030.54-0.81-0.030.240.24
-0.671.00.70.86-0.63-0.86-0.920.75-0.96-0.660.68-0.96-0.69-0.98-0.97-0.98-0.62-0.63-0.99-0.48-0.881.0-0.48-0.6-0.6
0.88-0.95-0.93-0.940.850.61-0.92-0.890.830.88-0.920.830.910.970.980.970.310.860.880.751.0-0.950.750.860.86
-0.980.810.910.98-0.98-0.320.75-0.89-0.55-0.980.91-0.55-0.95-0.79-0.82-0.780.06-0.97-0.65-0.92-0.910.81-0.92-0.73-0.73
0.48-0.94-0.56-0.70.430.95-0.960.83-0.550.47-0.541.00.530.940.920.940.790.430.990.260.77-0.940.260.530.53
1.0-0.73-0.96-0.941.00.2-0.660.88-0.980.47-0.960.470.990.740.780.74-0.171.00.570.970.91-0.730.970.830.83
-0.960.741.00.89-0.95-0.250.68-0.920.91-0.54-0.96-0.54-0.99-0.79-0.83-0.780.09-0.96-0.62-0.93-0.950.74-0.93-0.95-0.95
0.48-0.94-0.56-0.70.430.95-0.960.83-0.551.00.47-0.540.530.940.920.940.790.430.990.260.77-0.940.260.530.53
0.99-0.75-0.99-0.920.980.25-0.690.91-0.950.530.99-0.990.530.790.820.78-0.110.980.620.950.95-0.750.950.910.91
0.75-0.99-0.81-0.890.710.79-0.980.97-0.790.940.74-0.790.940.791.01.00.520.710.970.580.94-0.990.580.750.75
0.79-0.98-0.84-0.90.750.75-0.970.98-0.820.920.78-0.830.920.821.01.00.480.750.960.620.96-0.980.620.780.78
0.75-0.99-0.8-0.880.710.79-0.980.97-0.780.940.74-0.780.940.781.01.00.540.710.970.570.94-0.990.570.740.74
-0.16-0.540.06-0.14-0.210.93-0.620.310.060.79-0.170.090.79-0.110.520.480.54-0.210.71-0.390.22-0.54-0.39-0.02-0.02
1.0-0.7-0.95-0.931.00.16-0.630.86-0.970.431.0-0.960.430.980.710.750.71-0.210.540.980.9-0.70.980.820.82
0.58-0.97-0.64-0.780.540.91-0.990.88-0.650.990.57-0.620.990.620.970.960.970.710.540.370.84-0.970.370.590.59
0.97-0.56-0.92-0.840.98-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.370.81-0.561.00.790.79
0.92-0.92-0.96-0.950.890.54-0.881.0-0.910.770.91-0.950.770.950.940.960.940.220.90.840.81-0.920.810.880.88
-0.741.00.760.91-0.71-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.92-0.56-0.65-0.65
0.97-0.56-0.92-0.840.98-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.371.00.81-0.560.790.79
0.83-0.65-0.95-0.730.820.24-0.60.86-0.730.530.83-0.950.530.910.750.780.74-0.020.820.590.790.88-0.650.791.0
0.83-0.65-0.95-0.730.820.24-0.60.86-0.730.530.83-0.950.530.910.750.780.74-0.020.820.590.790.88-0.650.791.0
Click cells to compare fundamentals

Bannix Acquisition Account Relationship Matchups

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