Bannix Income Before Tax vs Net Interest Income Analysis

BNIXW Stock

USD 0.03 0.01 26.36%

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 Income Before Tax and its Net Interest Income 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 interest.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Bannix Acquisition's Income Before Tax and Net Interest Income is -0.97. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income 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 Income Before Tax and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Bannix Acquisition Corp are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Bannix Acquisition's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bannix Acquisition income statement and is an important metric when analyzing Bannix Acquisition Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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 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 Amortization	236.6K	1.0M	1.8M	1.1M
Interest Income	1.5K	1.1M	2.0M	1.1M

Depreciation And Amortization Interest Income

Bannix Acquisition fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt	Common Stock	Short Term Investments	Short Long Term Debt
Total Assets		-0.74	-0.96	-0.94	1.0	0.21	-0.67	0.88	-0.98	0.48	1.0	-0.96	0.48	0.99	0.75	0.79	0.75	-0.16	1.0	0.58	0.97	0.92	-0.74	0.97	0.83	0.83
Short Long Term Debt Total	-0.74		0.76	0.91	-0.71	-0.81	1.0	-0.95	0.81	-0.94	-0.73	0.74	-0.94	-0.75	-0.99	-0.98	-0.99	-0.54	-0.7	-0.97	-0.56	-0.92	1.0	-0.56	-0.65	-0.65
Other Current Liab	-0.96	0.76		0.89	-0.95	-0.27	0.7	-0.93	0.91	-0.56	-0.96	1.0	-0.56	-0.99	-0.81	-0.84	-0.8	0.06	-0.95	-0.64	-0.92	-0.96	0.76	-0.92	-0.95	-0.95
Total Current Liabilities	-0.94	0.91	0.89		-0.93	-0.5	0.86	-0.94	0.98	-0.7	-0.94	0.89	-0.7	-0.92	-0.89	-0.9	-0.88	-0.14	-0.93	-0.78	-0.84	-0.95	0.91	-0.84	-0.73	-0.73
Total Stockholder Equity	1.0	-0.71	-0.95	-0.93		0.16	-0.63	0.85	-0.98	0.43	1.0	-0.95	0.43	0.98	0.71	0.75	0.71	-0.21	1.0	0.54	0.98	0.89	-0.71	0.98	0.82	0.82
Current Deferred Revenue	0.21	-0.81	-0.27	-0.5	0.16		-0.86	0.61	-0.32	0.95	0.2	-0.25	0.95	0.25	0.79	0.75	0.79	0.93	0.16	0.91	-0.03	0.54	-0.81	-0.03	0.24	0.24
Net Debt	-0.67	1.0	0.7	0.86	-0.63	-0.86		-0.92	0.75	-0.96	-0.66	0.68	-0.96	-0.69	-0.98	-0.97	-0.98	-0.62	-0.63	-0.99	-0.48	-0.88	1.0	-0.48	-0.6	-0.6
Retained Earnings	0.88	-0.95	-0.93	-0.94	0.85	0.61	-0.92		-0.89	0.83	0.88	-0.92	0.83	0.91	0.97	0.98	0.97	0.31	0.86	0.88	0.75	1.0	-0.95	0.75	0.86	0.86
Accounts Payable	-0.98	0.81	0.91	0.98	-0.98	-0.32	0.75	-0.89		-0.55	-0.98	0.91	-0.55	-0.95	-0.79	-0.82	-0.78	0.06	-0.97	-0.65	-0.92	-0.91	0.81	-0.92	-0.73	-0.73
Cash	0.48	-0.94	-0.56	-0.7	0.43	0.95	-0.96	0.83	-0.55		0.47	-0.54	1.0	0.53	0.94	0.92	0.94	0.79	0.43	0.99	0.26	0.77	-0.94	0.26	0.53	0.53
Non Current Assets Total	1.0	-0.73	-0.96	-0.94	1.0	0.2	-0.66	0.88	-0.98	0.47		-0.96	0.47	0.99	0.74	0.78	0.74	-0.17	1.0	0.57	0.97	0.91	-0.73	0.97	0.83	0.83
Non Currrent Assets Other	-0.96	0.74	1.0	0.89	-0.95	-0.25	0.68	-0.92	0.91	-0.54	-0.96		-0.54	-0.99	-0.79	-0.83	-0.78	0.09	-0.96	-0.62	-0.93	-0.95	0.74	-0.93	-0.95	-0.95
Cash And Short Term Investments	0.48	-0.94	-0.56	-0.7	0.43	0.95	-0.96	0.83	-0.55	1.0	0.47	-0.54		0.53	0.94	0.92	0.94	0.79	0.43	0.99	0.26	0.77	-0.94	0.26	0.53	0.53
Common Stock Shares Outstanding	0.99	-0.75	-0.99	-0.92	0.98	0.25	-0.69	0.91	-0.95	0.53	0.99	-0.99	0.53		0.79	0.82	0.78	-0.11	0.98	0.62	0.95	0.95	-0.75	0.95	0.91	0.91
Non Current Liabilities Total	0.75	-0.99	-0.81	-0.89	0.71	0.79	-0.98	0.97	-0.79	0.94	0.74	-0.79	0.94	0.79		1.0	1.0	0.52	0.71	0.97	0.58	0.94	-0.99	0.58	0.75	0.75
Other Current Assets	0.79	-0.98	-0.84	-0.9	0.75	0.75	-0.97	0.98	-0.82	0.92	0.78	-0.83	0.92	0.82	1.0		1.0	0.48	0.75	0.96	0.62	0.96	-0.98	0.62	0.78	0.78
Other Stockholder Equity	0.75	-0.99	-0.8	-0.88	0.71	0.79	-0.98	0.97	-0.78	0.94	0.74	-0.78	0.94	0.78	1.0	1.0		0.54	0.71	0.97	0.57	0.94	-0.99	0.57	0.74	0.74
Total Liab	-0.16	-0.54	0.06	-0.14	-0.21	0.93	-0.62	0.31	0.06	0.79	-0.17	0.09	0.79	-0.11	0.52	0.48	0.54		-0.21	0.71	-0.39	0.22	-0.54	-0.39	-0.02	-0.02
Net Invested Capital	1.0	-0.7	-0.95	-0.93	1.0	0.16	-0.63	0.86	-0.97	0.43	1.0	-0.96	0.43	0.98	0.71	0.75	0.71	-0.21		0.54	0.98	0.9	-0.7	0.98	0.82	0.82
Total Current Assets	0.58	-0.97	-0.64	-0.78	0.54	0.91	-0.99	0.88	-0.65	0.99	0.57	-0.62	0.99	0.62	0.97	0.96	0.97	0.71	0.54		0.37	0.84	-0.97	0.37	0.59	0.59
Capital Stock	0.97	-0.56	-0.92	-0.84	0.98	-0.03	-0.48	0.75	-0.92	0.26	0.97	-0.93	0.26	0.95	0.58	0.62	0.57	-0.39	0.98	0.37		0.81	-0.56	1.0	0.79	0.79
Net Working Capital	0.92	-0.92	-0.96	-0.95	0.89	0.54	-0.88	1.0	-0.91	0.77	0.91	-0.95	0.77	0.95	0.94	0.96	0.94	0.22	0.9	0.84	0.81		-0.92	0.81	0.88	0.88
Short Term Debt	-0.74	1.0	0.76	0.91	-0.71	-0.81	1.0	-0.95	0.81	-0.94	-0.73	0.74	-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
Common Stock	0.97	-0.56	-0.92	-0.84	0.98	-0.03	-0.48	0.75	-0.92	0.26	0.97	-0.93	0.26	0.95	0.58	0.62	0.57	-0.39	0.98	0.37	1.0	0.81	-0.56		0.79	0.79
Short Term Investments	0.83	-0.65	-0.95	-0.73	0.82	0.24	-0.6	0.86	-0.73	0.53	0.83	-0.95	0.53	0.91	0.75	0.78	0.74	-0.02	0.82	0.59	0.79	0.88	-0.65	0.79		1.0
Short Long Term Debt	0.83	-0.65	-0.95	-0.73	0.82	0.24	-0.6	0.86	-0.73	0.53	0.83	-0.95	0.53	0.91	0.75	0.78	0.74	-0.02	0.82	0.59	0.79	0.88	-0.65	0.79	1.0

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Bannix Income Before Tax vs Net Interest Income Analysis

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Interest Income

Bannix Acquisition fundamental ratios Correlations

Bannix Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Bannix Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Short Long Term Debt Total
Non Currrent Assets Other	+ 1.0	Other Current Liab

Short Term Debt	- 0.99	Other Stockholder Equity
Short Term Debt	- 0.99	Non Current Liabilities Total
Common Stock Shares Outstanding	- 0.99	Non Currrent Assets Other
Total Current Assets	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.99	Other Current Liab
Other Stockholder Equity	- 0.99	Short Long Term Debt Total