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BNIX (Bannix Acquisition) Market Cap : $31.91 Mil (As of Dec. 11, 2024)


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What is Bannix Acquisition Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Bannix Acquisition's share price for the quarter that ended in Sep. 2024 was $11.09. Bannix Acquisition's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 2.85 Mil. Therefore, Bannix Acquisition's market cap for the quarter that ended in Sep. 2024 was $31.59 Mil.

Bannix Acquisition's quarterly market cap increased from Mar. 2024 ($44.65 Mil) to Jun. 2024 ($44.90 Mil) but then declined from Jun. 2024 ($44.90 Mil) to Sep. 2024 ($31.59 Mil).

Bannix Acquisition's annual market cap increased from Dec. 2021 ($92.45 Mil) to Dec. 2022 ($95.84 Mil) but then declined from Dec. 2022 ($95.84 Mil) to Dec. 2023 ($58.84 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Bannix Acquisition's Enterprise Value for Today is $32.65 Mil.


Bannix Acquisition Market Cap Historical Data

The historical data trend for Bannix Acquisition's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bannix Acquisition Market Cap Chart

Bannix Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
92.45 95.84 58.84

Bannix Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.24 58.84 44.65 44.90 31.59

Competitive Comparison of Bannix Acquisition's Market Cap

For the Shell Companies subindustry, Bannix Acquisition's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bannix Acquisition's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bannix Acquisition's Market Cap distribution charts can be found below:

* The bar in red indicates where Bannix Acquisition's Market Cap falls into.



Bannix Acquisition Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Bannix Acquisition's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$10.77*5.46361
=$58.84

Bannix Acquisition's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$11.09*2.84875
=$31.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bannix Acquisition  (NAS:BNIX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Bannix Acquisition Market Cap Related Terms

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Bannix Acquisition Business Description

Traded in Other Exchanges
N/A
Address
300 Delaware Avenue, Suite 210, No. 301, Wilmington, DE, USA, 19807
Website
Bannix Acquisition Corp is a blank check company.
Executives
Ned L Siegel director 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Douglas Landers Davis director, officer: Chief Executive Officer C/O GOPHER PROTOCOL,, 2500 BROADWAY,SUITE F-125, SANTA MONICA CA 90404
Jamal Khurshid director BEAMS END, OLD BRIGHTON ROAD, PEASE POTTAGE X0 RH11 9AJ
Craig Marshak director C/O TRAFALGAR CAPITAL ADVISORS, 18851 NORTHEAST 29 AVENUE, SUITE 306, AVENTURA FL 33180
Eric Todd Shuss director 7322 E. EQUITATION WAY, ORANGE CA 92869