Bannix Treasury Stock vs Current Deferred Revenue Analysis

BNIX Stock  USD 11.18  0.06  0.53%   
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 Treasury Stock and its Current Deferred Revenue 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 gross domestic product.

Treasury Stock vs Current Deferred Revenue

Treasury Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bannix Acquisition Corp Treasury Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bannix Acquisition's Treasury Stock and Current Deferred Revenue is -0.23. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Current Deferred Revenue 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 Treasury Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Bannix Acquisition Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Treasury Stock i.e., Bannix Acquisition's Treasury Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Treasury Stock

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 gross domestic product.
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

-0.74-0.96-0.941.00.83-0.730.21-0.670.88-0.980.481.0-0.960.480.990.750.790.75-0.161.00.580.970.92-0.740.97
-0.740.760.91-0.71-0.650.99-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.921.0-0.56
-0.960.760.89-0.95-0.950.71-0.270.7-0.930.91-0.56-0.961.0-0.56-0.99-0.81-0.84-0.80.06-0.95-0.64-0.92-0.960.76-0.92
-0.940.910.89-0.93-0.730.91-0.50.86-0.940.98-0.7-0.940.89-0.7-0.92-0.89-0.9-0.88-0.14-0.93-0.78-0.84-0.950.91-0.84
1.0-0.71-0.95-0.930.82-0.70.16-0.630.85-0.980.431.0-0.950.430.980.710.750.71-0.211.00.540.980.89-0.710.98
0.83-0.65-0.95-0.730.82-0.560.24-0.60.86-0.730.530.83-0.950.530.910.750.780.74-0.020.820.590.790.88-0.650.79
-0.730.990.710.91-0.7-0.56-0.80.98-0.910.82-0.9-0.720.69-0.9-0.72-0.95-0.95-0.95-0.52-0.7-0.95-0.55-0.880.99-0.55
0.21-0.81-0.27-0.50.160.24-0.8-0.860.61-0.320.950.2-0.250.950.250.790.750.790.930.160.91-0.030.54-0.81-0.03
-0.671.00.70.86-0.63-0.60.98-0.86-0.920.75-0.96-0.660.68-0.96-0.69-0.98-0.97-0.98-0.62-0.63-0.99-0.48-0.881.0-0.48
0.88-0.95-0.93-0.940.850.86-0.910.61-0.92-0.890.830.88-0.920.830.910.970.980.970.310.860.880.751.0-0.950.75
-0.980.810.910.98-0.98-0.730.82-0.320.75-0.89-0.55-0.980.91-0.55-0.95-0.79-0.82-0.780.06-0.97-0.65-0.92-0.910.81-0.92
0.48-0.94-0.56-0.70.430.53-0.90.95-0.960.83-0.550.47-0.541.00.530.940.920.940.790.430.990.260.77-0.940.26
1.0-0.73-0.96-0.941.00.83-0.720.2-0.660.88-0.980.47-0.960.470.990.740.780.74-0.171.00.570.970.91-0.730.97
-0.960.741.00.89-0.95-0.950.69-0.250.68-0.920.91-0.54-0.96-0.54-0.99-0.79-0.83-0.780.09-0.96-0.62-0.93-0.950.74-0.93
0.48-0.94-0.56-0.70.430.53-0.90.95-0.960.83-0.551.00.47-0.540.530.940.920.940.790.430.990.260.77-0.940.26
0.99-0.75-0.99-0.920.980.91-0.720.25-0.690.91-0.950.530.99-0.990.530.790.820.78-0.110.980.620.950.95-0.750.95
0.75-0.99-0.81-0.890.710.75-0.950.79-0.980.97-0.790.940.74-0.790.940.791.01.00.520.710.970.580.94-0.990.58
0.79-0.98-0.84-0.90.750.78-0.950.75-0.970.98-0.820.920.78-0.830.920.821.01.00.480.750.960.620.96-0.980.62
0.75-0.99-0.8-0.880.710.74-0.950.79-0.980.97-0.780.940.74-0.780.940.781.01.00.540.710.970.570.94-0.990.57
-0.16-0.540.06-0.14-0.21-0.02-0.520.93-0.620.310.060.79-0.170.090.79-0.110.520.480.54-0.210.71-0.390.22-0.54-0.39
1.0-0.7-0.95-0.931.00.82-0.70.16-0.630.86-0.970.431.0-0.960.430.980.710.750.71-0.210.540.980.9-0.70.98
0.58-0.97-0.64-0.780.540.59-0.950.91-0.990.88-0.650.990.57-0.620.990.620.970.960.970.710.540.370.84-0.970.37
0.97-0.56-0.92-0.840.980.79-0.55-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.370.81-0.561.0
0.92-0.92-0.96-0.950.890.88-0.880.54-0.881.0-0.910.770.91-0.950.770.950.940.960.940.220.90.840.81-0.920.81
-0.741.00.760.91-0.71-0.650.99-0.811.0-0.950.81-0.94-0.730.74-0.94-0.75-0.99-0.98-0.99-0.54-0.7-0.97-0.56-0.92-0.56
0.97-0.56-0.92-0.840.980.79-0.55-0.03-0.480.75-0.920.260.97-0.930.260.950.580.620.57-0.390.980.371.00.81-0.56
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Bannix Acquisition Account Relationship Matchups

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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.