CONX Total Current Liabilities from 2010 to 2024
CONX Stock | USD 8.79 0.41 4.46% |
Total Current Liabilities | First Reported 2010-12-31 | Previous Quarter 4 M | Current Value 4.2 M | Quarterly Volatility 1.4 M |
Check CONX Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CONX main balance sheet or income statement drivers, such as Tax Provision of 62.2 K, Interest Income of 254.1 K or Depreciation And Amortization of 1.2 K, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. CONX financial statements analysis is a perfect complement when working with CONX Corp Valuation or Volatility modules.
CONX | Total Current Liabilities |
Latest CONX Corp's Total Current Liabilities Growth Pattern
Below is the plot of the Total Current Liabilities of CONX Corp over the last few years. Total Current Liabilities is an item on CONX Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CONX Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. CONX Corp's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CONX Corp's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities | 10 Years Trend |
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Total Current Liabilities |
Timeline |
CONX Total Current Liabilities Regression Statistics
Arithmetic Mean | 809,530 | |
Geometric Mean | 274,946 | |
Coefficient Of Variation | 176.35 | |
Mean Deviation | 1,052,101 | |
Median | 138,622 | |
Standard Deviation | 1,427,615 | |
Sample Variance | 2T | |
Range | 4.1M | |
R-Value | 0.69 | |
Mean Square Error | 1.1T | |
R-Squared | 0.48 | |
Significance | 0 | |
Slope | 221,841 | |
Total Sum of Squares | 28.5T |
CONX Total Current Liabilities History
About CONX Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CONX Corp income statement, its balance sheet, and the statement of cash flows. CONX Corp investors use historical funamental indicators, such as CONX Corp's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although CONX Corp investors may use each financial statement separately, they are all related. The changes in CONX Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CONX Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CONX Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CONX Corp. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Total Current Liabilities | 4 M | 4.2 M |
Pair Trading with CONX Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CONX Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CONX Corp will appreciate offsetting losses from the drop in the long position's value.Moving against CONX Stock
0.41 | EMLD | FTAC Emerald Acquisition | PairCorr |
0.41 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to CONX Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CONX Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CONX Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CONX Corp to buy it.
The correlation of CONX Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CONX Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CONX Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CONX Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of CONX Corp Correlation against competitors. For more information on how to buy CONX Stock please use our How to Invest in CONX Corp guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for CONX Stock analysis
When running CONX Corp's price analysis, check to measure CONX Corp'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 CONX Corp is operating at the current time. Most of CONX Corp's value examination focuses on studying past and present price action to predict the probability of CONX Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CONX Corp's price. Additionally, you may evaluate how the addition of CONX Corp to your portfolios can decrease your overall portfolio volatility.
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Is CONX Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CONX Corp. If investors know CONX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CONX Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.374 | Earnings Share (0.25) | Return On Assets (0.01) |
The market value of CONX Corp is measured differently than its book value, which is the value of CONX that is recorded on the company's balance sheet. Investors also form their own opinion of CONX Corp's value that differs from its market value or its book value, called intrinsic value, which is CONX Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CONX Corp's market value can be influenced by many factors that don't directly affect CONX Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CONX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CONX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CONX Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.