Bannix Acquisition Corp. Warrant
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) - Total Assets
Latest total assets as of September 2024: $3.94 Million USD
Based on the latest financial reports, Bannix Acquisition Corp. Warrant (BNIXW) holds total assets worth $3.94 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bannix Acquisition Corp. Warrant - Total Assets Trend (2021–2023)
This chart illustrates how Bannix Acquisition Corp. Warrant’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bannix Acquisition Corp. Warrant - Asset Composition Analysis
Current Asset Composition (December 2023)
Bannix Acquisition Corp. Warrant's total assets of $3.94 Million consist of 0.7% current assets and 99.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how Bannix Acquisition Corp. Warrant's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bannix Acquisition Corp. Warrant's current assets represent 0.7% of total assets in 2023, a decrease from 0.9% in 2021.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2023, up from 0.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Bannix Acquisition Corp. Warrant Competitors by Total Assets
Key competitors of Bannix Acquisition Corp. Warrant based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Bannix Acquisition Corp. Warrant - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bannix Acquisition Corp. Warrant generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bannix Acquisition Corp. Warrant is currently not profitable relative to its asset base.
Bannix Acquisition Corp. Warrant - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.01 | 0.67 |
| Quick Ratio | 0.05 | 0.01 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.79 Million | $ -3.58 Million | $ -15.58K |
Bannix Acquisition Corp. Warrant - Advanced Valuation Insights
This section examines the relationship between Bannix Acquisition Corp. Warrant's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -54.7% |
| Total Assets | $32.35 Million |
| Market Capitalization | $46.57K USD |
Valuation Analysis
Below Book Valuation: The market values Bannix Acquisition Corp. Warrant's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bannix Acquisition Corp. Warrant's assets decreased by 54.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bannix Acquisition Corp. Warrant (2021–2023)
The table below shows the annual total assets of Bannix Acquisition Corp. Warrant from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $32.35 Million | -54.73% |
| 2022-12-31 | $71.47 Million | +1.67% |
| 2021-12-31 | $70.29 Million | -- |