Bannix Net Working Capital vs Short Term Debt Analysis

BNIXW Stock  USD 0.02  0.0001  0.45%   
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 Net Working Capital and its Short Term Debt 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.

Net Working Capital vs Short Term Debt

Net Working Capital vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Net Working Capital account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Bannix Acquisition's Net Working Capital and Short Term Debt is -0.92. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Term Debt 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 Net Working Capital and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Bannix Acquisition Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Working Capital i.e., Bannix Acquisition's Net Working Capital and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Working Capital

Short Term Debt

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
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Bannix Acquisition Account Relationship Matchups

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