Bannix Interest Income vs Ebitda 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 Interest Income and its Ebitda 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.

Interest Income vs Ebitda

Interest Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Interest Income account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bannix Acquisition's Interest Income and Ebitda is 0.95. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebitda 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 Interest Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Bannix Acquisition Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Interest Income i.e., Bannix Acquisition's Interest Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Ebitda

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

Bannix Acquisition fundamental ratios Correlations

-0.74-0.96-0.941.00.21-0.670.88-0.980.481.0-0.960.480.990.750.790.75-0.161.00.580.970.92-0.740.970.830.83
-0.740.760.91-0.71-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.921.0-0.56-0.65-0.65
-0.960.760.89-0.95-0.270.7-0.930.91-0.56-0.961.0-0.56-0.99-0.81-0.84-0.80.06-0.95-0.64-0.92-0.960.76-0.92-0.95-0.95
-0.940.910.89-0.93-0.50.86-0.940.98-0.7-0.940.89-0.7-0.92-0.89-0.9-0.88-0.14-0.93-0.78-0.84-0.950.91-0.84-0.73-0.73
1.0-0.71-0.95-0.930.16-0.630.85-0.980.431.0-0.950.430.980.710.750.71-0.211.00.540.980.89-0.710.980.820.82
0.21-0.81-0.27-0.50.16-0.860.61-0.320.950.2-0.250.950.250.790.750.790.930.160.91-0.030.54-0.81-0.030.240.24
-0.671.00.70.86-0.63-0.86-0.920.75-0.96-0.660.68-0.96-0.69-0.98-0.97-0.98-0.62-0.63-0.99-0.48-0.881.0-0.48-0.6-0.6
0.88-0.95-0.93-0.940.850.61-0.92-0.890.830.88-0.920.830.910.970.980.970.310.860.880.751.0-0.950.750.860.86
-0.980.810.910.98-0.98-0.320.75-0.89-0.55-0.980.91-0.55-0.95-0.79-0.82-0.780.06-0.97-0.65-0.92-0.910.81-0.92-0.73-0.73
0.48-0.94-0.56-0.70.430.95-0.960.83-0.550.47-0.541.00.530.940.920.940.790.430.990.260.77-0.940.260.530.53
1.0-0.73-0.96-0.941.00.2-0.660.88-0.980.47-0.960.470.990.740.780.74-0.171.00.570.970.91-0.730.970.830.83
-0.960.741.00.89-0.95-0.250.68-0.920.91-0.54-0.96-0.54-0.99-0.79-0.83-0.780.09-0.96-0.62-0.93-0.950.74-0.93-0.95-0.95
0.48-0.94-0.56-0.70.430.95-0.960.83-0.551.00.47-0.540.530.940.920.940.790.430.990.260.77-0.940.260.530.53
0.99-0.75-0.99-0.920.980.25-0.690.91-0.950.530.99-0.990.530.790.820.78-0.110.980.620.950.95-0.750.950.910.91
0.75-0.99-0.81-0.890.710.79-0.980.97-0.790.940.74-0.790.940.791.01.00.520.710.970.580.94-0.990.580.750.75
0.79-0.98-0.84-0.90.750.75-0.970.98-0.820.920.78-0.830.920.821.01.00.480.750.960.620.96-0.980.620.780.78
0.75-0.99-0.8-0.880.710.79-0.980.97-0.780.940.74-0.780.940.781.01.00.540.710.970.570.94-0.990.570.740.74
-0.16-0.540.06-0.14-0.210.93-0.620.310.060.79-0.170.090.79-0.110.520.480.54-0.210.71-0.390.22-0.54-0.39-0.02-0.02
1.0-0.7-0.95-0.931.00.16-0.630.86-0.970.431.0-0.960.430.980.710.750.71-0.210.540.980.9-0.70.980.820.82
0.58-0.97-0.64-0.780.540.91-0.990.88-0.650.990.57-0.620.990.620.970.960.970.710.540.370.84-0.970.370.590.59
0.97-0.56-0.92-0.840.98-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.370.81-0.561.00.790.79
0.92-0.92-0.96-0.950.890.54-0.881.0-0.910.770.91-0.950.770.950.940.960.940.220.90.840.81-0.920.810.880.88
-0.741.00.760.91-0.71-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.92-0.56-0.65-0.65
0.97-0.56-0.92-0.840.98-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.371.00.81-0.560.790.79
0.83-0.65-0.95-0.730.820.24-0.60.86-0.730.530.83-0.950.530.910.750.780.74-0.020.820.590.790.88-0.650.791.0
0.83-0.65-0.95-0.730.820.24-0.60.86-0.730.530.83-0.950.530.910.750.780.74-0.020.820.590.790.88-0.650.791.0
Click cells to compare fundamentals

Bannix Acquisition Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.