Bannix Free Cash Flow Yield vs End Period Cash Flow Analysis

BNIX Stock  USD 11.18  0.06  0.53%   
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 Free Cash Flow Yield and its End Period Cash Flow 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.

Free Cash Flow Yield vs End Period Cash Flow

Free Cash Flow Yield vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Free Cash Flow Yield account and End Period Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bannix Acquisition's Free Cash Flow Yield and End Period Cash Flow is 0.73. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of End Period Cash Flow 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 Free Cash Flow Yield and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Bannix Acquisition Corp are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Bannix Acquisition's Free Cash Flow Yield and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

End Period Cash Flow

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 Amortization236.6K1.0M1.8M1.1M
Interest Income1.5K1.1M2.0M1.1M

Bannix Acquisition fundamental ratios Correlations

-0.74-0.96-0.941.00.83-0.730.21-0.670.88-0.980.481.0-0.960.480.990.750.790.75-0.161.00.580.970.92-0.740.97
-0.740.760.91-0.71-0.650.99-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.921.0-0.56
-0.960.760.89-0.95-0.950.71-0.270.7-0.930.91-0.56-0.961.0-0.56-0.99-0.81-0.84-0.80.06-0.95-0.64-0.92-0.960.76-0.92
-0.940.910.89-0.93-0.730.91-0.50.86-0.940.98-0.7-0.940.89-0.7-0.92-0.89-0.9-0.88-0.14-0.93-0.78-0.84-0.950.91-0.84
1.0-0.71-0.95-0.930.82-0.70.16-0.630.85-0.980.431.0-0.950.430.980.710.750.71-0.211.00.540.980.89-0.710.98
0.83-0.65-0.95-0.730.82-0.560.24-0.60.86-0.730.530.83-0.950.530.910.750.780.74-0.020.820.590.790.88-0.650.79
-0.730.990.710.91-0.7-0.56-0.80.98-0.910.82-0.9-0.720.69-0.9-0.72-0.95-0.95-0.95-0.52-0.7-0.95-0.55-0.880.99-0.55
0.21-0.81-0.27-0.50.160.24-0.8-0.860.61-0.320.950.2-0.250.950.250.790.750.790.930.160.91-0.030.54-0.81-0.03
-0.671.00.70.86-0.63-0.60.98-0.86-0.920.75-0.96-0.660.68-0.96-0.69-0.98-0.97-0.98-0.62-0.63-0.99-0.48-0.881.0-0.48
0.88-0.95-0.93-0.940.850.86-0.910.61-0.92-0.890.830.88-0.920.830.910.970.980.970.310.860.880.751.0-0.950.75
-0.980.810.910.98-0.98-0.730.82-0.320.75-0.89-0.55-0.980.91-0.55-0.95-0.79-0.82-0.780.06-0.97-0.65-0.92-0.910.81-0.92
0.48-0.94-0.56-0.70.430.53-0.90.95-0.960.83-0.550.47-0.541.00.530.940.920.940.790.430.990.260.77-0.940.26
1.0-0.73-0.96-0.941.00.83-0.720.2-0.660.88-0.980.47-0.960.470.990.740.780.74-0.171.00.570.970.91-0.730.97
-0.960.741.00.89-0.95-0.950.69-0.250.68-0.920.91-0.54-0.96-0.54-0.99-0.79-0.83-0.780.09-0.96-0.62-0.93-0.950.74-0.93
0.48-0.94-0.56-0.70.430.53-0.90.95-0.960.83-0.551.00.47-0.540.530.940.920.940.790.430.990.260.77-0.940.26
0.99-0.75-0.99-0.920.980.91-0.720.25-0.690.91-0.950.530.99-0.990.530.790.820.78-0.110.980.620.950.95-0.750.95
0.75-0.99-0.81-0.890.710.75-0.950.79-0.980.97-0.790.940.74-0.790.940.791.01.00.520.710.970.580.94-0.990.58
0.79-0.98-0.84-0.90.750.78-0.950.75-0.970.98-0.820.920.78-0.830.920.821.01.00.480.750.960.620.96-0.980.62
0.75-0.99-0.8-0.880.710.74-0.950.79-0.980.97-0.780.940.74-0.780.940.781.01.00.540.710.970.570.94-0.990.57
-0.16-0.540.06-0.14-0.21-0.02-0.520.93-0.620.310.060.79-0.170.090.79-0.110.520.480.54-0.210.71-0.390.22-0.54-0.39
1.0-0.7-0.95-0.931.00.82-0.70.16-0.630.86-0.970.431.0-0.960.430.980.710.750.71-0.210.540.980.9-0.70.98
0.58-0.97-0.64-0.780.540.59-0.950.91-0.990.88-0.650.990.57-0.620.990.620.970.960.970.710.540.370.84-0.970.37
0.97-0.56-0.92-0.840.980.79-0.55-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.370.81-0.561.0
0.92-0.92-0.96-0.950.890.88-0.880.54-0.881.0-0.910.770.91-0.950.770.950.940.960.940.220.90.840.81-0.920.81
-0.741.00.760.91-0.71-0.650.99-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.92-0.56
0.97-0.56-0.92-0.840.980.79-0.55-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.371.00.81-0.56
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Bannix Acquisition Account Relationship Matchups

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