Bannix Quick Ratio from 2010 to 2024

BNIX Stock  USD 11.18  0.06  0.53%   
Bannix Acquisition Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 0.06 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.06030789
Current Value
0.0573
Quarterly Volatility
1.02570782
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bannix Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bannix Acquisition's main balance sheet or income statement drivers, such as Tax Provision of 268.2 K, Net Interest Income of 2.1 M or Interest Income of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.37. Bannix financial statements analysis is a perfect complement when working with Bannix Acquisition Valuation or Volatility modules.
  
Check out the analysis of Bannix Acquisition Correlation against competitors.

Latest Bannix Acquisition's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Bannix Acquisition Corp over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Bannix Acquisition's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bannix Acquisition's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Bannix Quick Ratio Regression Statistics

Arithmetic Mean2.03
Geometric Mean1.14
Coefficient Of Variation50.49
Mean Deviation0.79
Median2.53
Standard Deviation1.03
Sample Variance1.05
Range2.4953
R-Value(0.69)
Mean Square Error0.59
R-Squared0.48
Significance0
Slope(0.16)
Total Sum of Squares14.73

Bannix Quick Ratio History

2024 0.0573
2023 0.0603
2022 0.0318

About Bannix Acquisition Financial Statements

Bannix Acquisition investors use historical fundamental indicators, such as Bannix Acquisition's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Bannix Acquisition. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.06  0.06 

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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.