Return On Equity ratio Analysis of Bannix Acquisition Corp - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Excellent ROE
Period Ending - Dec-22
Poor ROE
0.068
Growth
%
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-0.110
Most recent Quarter ROE
Period Ending - Sep-23
Very Poor ROE
-0.849
ROE Analysis of Bannix Acquisition Corp
ROE Ratio of Bannix Acquisition Corp with value of -0.110 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of Bannix Acquisition Corp with value of -0.849 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Sep-23. |
ROE Ratio of BNIX rose handsomely by % this year. |
ROE of Bannix Acquisition Corp is negative because of poor net profit in Trailing Twelve Months ended on Sep-23. |
Other ROE Related Info of BNIX that may interest you.
Bannix Acquisition Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
BNIX | 11.03 | 11.0 | 0.273 % | Shell Companies |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Equity of Bannix Acquisition Corp
Period | Dec-23 | Dec-22 | Dec-21 |
---|---|---|---|
ROE | 0.068 | 37.45 | |
Change | % | -99.82 % |
FY Chart of Return On Equity of Bannix Acquisition Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)