Bannix Acquisition Corp Stock Current Asset
| BNIX Stock | USD 11.18 0.06 0.53% |
Bannix Acquisition Corp fundamentals help investors to digest information that contributes to Bannix Acquisition's financial success or failures. It also enables traders to predict the movement of Bannix Stock. The fundamental analysis module provides a way to measure Bannix Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bannix Acquisition stock.
Non Current Assets Total is likely to rise to about 46.2 M in 2024, whereas Other Current Assets are likely to drop 4,988 in 2024. Bannix |
Bannix Acquisition Corp Company Current Asset Analysis
Bannix Acquisition's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Bannix Current Asset Historical Pattern
Today, most investors in Bannix Acquisition Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bannix Acquisition's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bannix Acquisition current asset as a starting point in their analysis.
Bannix Acquisition Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Bannix Total Assets
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In accordance with the recently published financial statements, Bannix Acquisition Corp has a Current Asset of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Bannix Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bannix Acquisition's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bannix Acquisition could also be used in its relative valuation, which is a method of valuing Bannix Acquisition by comparing valuation metrics of similar companies.Bannix Acquisition is currently under evaluation in current asset category among its peers.
Bannix Acquisition ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bannix Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bannix Acquisition's managers, analysts, and investors.Environmental | Governance | Social |
Bannix Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | -0.0376 | ||||
| Current Valuation | 32.58 M | ||||
| Shares Outstanding | 2.85 M | ||||
| Shares Owned By Insiders | 87.70 % | ||||
| Shares Owned By Institutions | 23.48 % | ||||
| Number Of Shares Shorted | 483 | ||||
| Price To Earning | 25.72 X | ||||
| Price To Book | 3.61 X | ||||
| EBITDA | 272.79 K | ||||
| Net Income | (56.84 K) | ||||
| Cash And Equivalents | 228.18 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 974.01 K | ||||
| Current Ratio | 2.02 X | ||||
| Book Value Per Share | (0.67) X | ||||
| Cash Flow From Operations | (908.49 K) | ||||
| Short Ratio | 6.66 X | ||||
| Earnings Per Share | (0.07) X | ||||
| Beta | 0.004 | ||||
| Market Capitalization | 31.85 M | ||||
| Total Asset | 32.35 M | ||||
| Retained Earnings | (3.68 M) | ||||
| Working Capital | (3.7 M) | ||||
| Net Asset | 32.35 M |
About Bannix Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bannix Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bannix Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bannix Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.