Bannix Acquisition Price To Earning vs. Total Debt
| BNIX Stock | USD 11.18 0.06 0.53% |
For Bannix Acquisition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bannix Acquisition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bannix Acquisition Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bannix Acquisition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bannix Acquisition Corp over time as well as its relative position and ranking within its peers.
Bannix |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bannix Acquisition. If investors know Bannix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bannix Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Earnings Share (0.07) | Return On Assets (0.04) | Return On Equity 0.1787 |
The market value of Bannix Acquisition Corp is measured differently than its book value, which is the value of Bannix that is recorded on the company's balance sheet. Investors also form their own opinion of Bannix Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Bannix Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bannix Acquisition's market value can be influenced by many factors that don't directly affect Bannix Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bannix Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bannix Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bannix Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Bannix Acquisition Corp Total Debt vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bannix Acquisition's current stock value. Our valuation model uses many indicators to compare Bannix Acquisition value to that of its competitors to determine the firm's financial worth. Bannix Acquisition Corp is number one stock in price to earning category among its peers. It is rated below average in total debt category among its peers making up about 37,870 of Total Debt per Price To Earning. Total Debt To Capitalization is likely to rise to 0.04 in 2024. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bannix Acquisition's earnings, one of the primary drivers of an investment's value.Bannix Total Debt vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Bannix Acquisition |
| = | 25.72 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Bannix Acquisition |
| = | 974.01 K |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Bannix Total Debt vs Competition
Bannix Acquisition Corp is rated below average in total debt category among its peers. Total debt of Financials industry is currently estimated at about 13.01 Million. Bannix Acquisition holds roughly 974,015 in total debt claiming about 7% of equities under Financials industry.
Bannix Acquisition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bannix Acquisition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bannix Acquisition will eventually generate negative long term returns. The profitability progress is the general direction of Bannix Acquisition's change in net profit over the period of time. It can combine multiple indicators of Bannix Acquisition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 2 M | 2.1 M | |
| Interest Income | 2 M | 1.1 M | |
| Operating Income | -1.5 M | -1.6 M | |
| Net Income From Continuing Ops | 65.4 K | 62.1 K | |
| Income Before Tax | 272.8 K | 259.2 K | |
| Total Other Income Expense Net | 1.8 M | 1.4 M | |
| Net Income Applicable To Common Shares | 42.4 K | 40.3 K | |
| Net Loss | -56.8 K | -54 K | |
| Income Tax Expense | 329.6 K | 202.2 K | |
| Non Operating Income Net Other | 1.1 M | 1 M | |
| Change To Netincome | -408.4 K | -428.8 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 15.98 | 16.78 | |
| Net Loss | (0.21) | (0.20) |
Bannix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bannix Acquisition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Bannix Acquisition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Bannix Acquisition's important profitability drivers and their relationship over time.
Use Bannix Acquisition in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bannix Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bannix Acquisition will appreciate offsetting losses from the drop in the long position's value.Bannix Acquisition Pair Trading
Bannix Acquisition Corp Pair Trading Analysis
The ability to find closely correlated positions to Bannix Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bannix Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bannix Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bannix Acquisition Corp to buy it.
The correlation of Bannix Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bannix Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bannix Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bannix Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Bannix Acquisition position
In addition to having Bannix Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.