Bannix Treasury Stock vs Total Stockholder Equity 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 Treasury Stock and its Total Stockholder Equity 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.
Treasury Stock vs Total Stockholder Equity
Treasury Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Treasury Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Bannix Acquisition's Treasury Stock and Total Stockholder Equity is -1.0. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Stockholder Equity 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 Treasury Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Bannix Acquisition Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Treasury Stock i.e., Bannix Acquisition's Treasury Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -1.0 |
Relationship Direction | Negative |
Relationship Strength | Strong |
Treasury Stock
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by 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 | 1.5M | 1.0M | Interest Income | 1.5K | 1.1M | 2.0M | 1.1M |
Bannix Acquisition fundamental ratios Correlations
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Bannix Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.