Bannix Other Current Assets vs Short Long Term Debt Total Analysis

BNIXW Stock  USD 0.03  0.01  52.41%   
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 Other Current Assets and its Short Long Term Debt Total 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.

Other Current Assets vs Short Long Term Debt Total

Other Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Other Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Bannix Acquisition's Other Current Assets and Short Long Term Debt Total is -0.98. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Long Term Debt Total 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 Other Current Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Bannix Acquisition Corp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Current Assets i.e., Bannix Acquisition's Other Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Long Term Debt Total

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

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