Bannix Acquisition Corp. Warrant

NASDAQ:BNIXW USA Shell Companies
Market Cap
$272.79
Market Cap Rank
#42436 Global
#13717 in USA
Share Price
$0.03
Change (1 day)
+0.00%
52-Week Range
$0.03 - $0.03
All Time High
$0.50
About

Bannix Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or related business combination with one or more target businesses. The company intends to focus its search on target businesses in the customer engagement sector of telecommunications, retail, and financial services.… Read more

Bannix Acquisition Corp. Warrant (BNIXW) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of September 2024: 0.310x

Based on the latest financial reports, Bannix Acquisition Corp. Warrant (BNIXW) has a cash flow conversion efficiency ratio of 0.310x as of September 2024.

Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-423.45K) by net assets ($-1.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Bannix Acquisition Corp. Warrant - Cash Flow Conversion Efficiency Trend (2021–2023)

This chart illustrates how Bannix Acquisition Corp. Warrant's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Bannix Acquisition Corp. Warrant Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bannix Acquisition Corp. Warrant ranked by their cash flow conversion efficiency.

Annual Cash Flow Conversion Efficiency for Bannix Acquisition Corp. Warrant (2021–2023)

The table below shows the annual cash flow conversion efficiency of Bannix Acquisition Corp. Warrant from 2021 to 2023.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2023-12-31 $28.19 Million $-908.49K -0.032x -229.00%
2022-12-31 $69.73 Million $-683.16K -0.010x -95.60%
2021-12-31 $66.39 Million $-332.54K -0.005x --