Bannix Non Currrent Assets Other vs Other Current Liab 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 Non Currrent Assets Other and its Other Current Liab 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 Currrent Assets Other vs Other Current Liab

Non Currrent Assets Other vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Non Currrent Assets Other account and Other Current Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Bannix Acquisition's Non Currrent Assets Other and Other Current Liab is 1.0. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Liab 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 Currrent Assets Other and Other Current Liab 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 Currrent Assets Other of Bannix Acquisition Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Currrent Assets Other i.e., Bannix Acquisition's Non Currrent Assets Other and Other Current Liab go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Liab

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 Amortization236.6K1.0M1.5M1.0M
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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