CONX Capital Surpluse vs Cash And Short Term Investments Analysis

CONX Stock

USD 6.55 0.02 0.31%

CONX Corp financial indicator trend analysis is way more than just evaluating CONX Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CONX Corp is a good investment. Please check the relationship between CONX Corp Capital Surpluse and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CONX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Surpluse vs Cash And Short Term Investments

Capital Surpluse vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CONX Corp Capital Surpluse account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between CONX Corp's Capital Surpluse and Cash And Short Term Investments is 0.9. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of CONX Corp, assuming nothing else is changed. The correlation between historical values of CONX Corp's Capital Surpluse and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of CONX Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Surpluse i.e., CONX Corp's Capital Surpluse and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Surpluse

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of CONX Corp balance sheet. This account contains CONX Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CONX Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from CONX Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CONX Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CONX Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to drop to about 62.2 K in 2024. Selling General Administrative is likely to drop to 1,120 in 2024

	2021	2022	2023	2024 (projected)
Interest Income	75.0K	4.9M	267.5K	254.1K
Tax Provision	18.4K	1.2M	65.5K	62.2K

Interest Income Tax Provision

CONX Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Warrants	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		-0.96	-0.97	1.0	1.0	0.01	1.0	-0.82	0.72	0.88	0.7	1.0	1.0	1.0	0.7	0.77	0.83	0.5	0.87	0.83	-0.4	0.77	0.38	-0.08	-0.51	1.0
Other Current Liab	-0.96		0.88	-0.96	-0.95	0.1	-0.95	0.71	-0.75	-0.9	-0.59	-0.96	-0.96	-0.96	-0.59	-0.57	-0.86	-0.58	-0.76	-0.86	0.43	-0.57	-0.23	-0.03	0.54	-0.96
Total Current Liabilities	-0.97	0.88		-0.97	-0.95	0.02	-0.95	0.94	-0.74	-0.74	-0.85	-0.97	-0.97	-0.97	-0.85	-0.89	-0.81	-0.49	-0.97	-0.81	0.47	-0.89	-0.39	0.05	0.56	-0.97
Total Stockholder Equity	1.0	-0.96	-0.97		1.0	-0.01	0.99	-0.83	0.74	0.88	0.71	1.0	1.0	1.0	0.71	0.77	0.84	0.52	0.87	0.84	-0.42	0.77	0.36	-0.06	-0.53	1.0
Other Liab	1.0	-0.95	-0.95	1.0		0.06	1.0	-0.8	0.68	0.9	0.66	1.0	1.0	1.0	0.66	0.75	0.8	0.45	0.85	0.8	-0.35	0.75	0.42	-0.13	-0.46	1.0
Net Tangible Assets	0.01	0.1	0.02	-0.01	0.06		0.09	0.1	-0.68	0.01	-0.27	0.01	0.01	0.01	-0.27	0.0	-0.55	-0.86	0.0	-0.55	0.89	0.0	0.91	-1.0	0.83	-0.01
Warrants	1.0	-0.95	-0.95	0.99	1.0	0.09		-0.79	0.67	0.9	0.65	1.0	1.0	1.0	0.65	0.74	0.78	0.43	0.85	0.79	-0.32	0.74	0.44	-0.16	-0.43	0.99
Net Debt	-0.82	0.71	0.94	-0.83	-0.8	0.1	-0.79		-0.7	-0.47	-0.97	-0.82	-0.82	-0.83	-0.97	-0.94	-0.72	-0.47	-0.99	-0.72	0.53	-0.94	-0.33	-0.04	0.61	-0.83
Retained Earnings	0.72	-0.75	-0.74	0.74	0.68	-0.68	0.67	-0.7		0.61	0.74	0.72	0.72	0.72	0.74	0.6	0.98	0.95	0.67	0.98	-0.92	0.6	-0.33	0.63	-0.96	0.74
Accounts Payable	0.88	-0.9	-0.74	0.88	0.9	0.01	0.9	-0.47	0.61		0.32	0.89	0.89	0.88	0.32	0.46	0.75	0.46	0.55	0.75	-0.28	0.46	0.25	-0.07	-0.37	0.88
Cash	0.7	-0.59	-0.85	0.71	0.66	-0.27	0.65	-0.97	0.74	0.32		0.7	0.7	0.71	1.0	0.9	0.7	0.55	0.93	0.71	-0.65	0.9	0.15	0.22	-0.71	0.71
Non Current Assets Total	1.0	-0.96	-0.97	1.0	1.0	0.01	1.0	-0.82	0.72	0.89	0.7		1.0	1.0	0.7	0.77	0.83	0.5	0.87	0.83	-0.4	0.77	0.38	-0.08	-0.51	1.0
Non Currrent Assets Other	1.0	-0.96	-0.97	1.0	1.0	0.01	1.0	-0.82	0.72	0.89	0.7	1.0		1.0	0.7	0.77	0.83	0.5	0.87	0.83	-0.4	0.77	0.38	-0.08	-0.51	1.0
Other Assets	1.0	-0.96	-0.97	1.0	1.0	0.01	1.0	-0.83	0.72	0.88	0.71	1.0	1.0		0.71	0.77	0.83	0.5	0.88	0.83	-0.41	0.77	0.38	-0.08	-0.51	1.0
Cash And Short Term Investments	0.7	-0.59	-0.85	0.71	0.66	-0.27	0.65	-0.97	0.74	0.32	1.0	0.7	0.7	0.71		0.9	0.7	0.55	0.93	0.71	-0.65	0.9	0.15	0.22	-0.71	0.71
Net Receivables	0.77	-0.57	-0.89	0.77	0.75	0.0	0.74	-0.94	0.6	0.46	0.9	0.77	0.77	0.77	0.9		0.61	0.36	0.94	0.62	-0.45	1.0	0.4	-0.06	-0.51	0.77
Common Stock Total Equity	0.83	-0.86	-0.81	0.84	0.8	-0.55	0.78	-0.72	0.98	0.75	0.7	0.83	0.83	0.83	0.7	0.61		0.9	0.7	1.0	-0.82	0.61	-0.2	0.49	-0.88	0.84
Retained Earnings Total Equity	0.5	-0.58	-0.49	0.52	0.45	-0.86	0.43	-0.47	0.95	0.46	0.55	0.5	0.5	0.5	0.55	0.36	0.9		0.41	0.9	-0.96	0.36	-0.6	0.82	-0.97	0.52
Common Stock Shares Outstanding	0.87	-0.76	-0.97	0.87	0.85	0.0	0.85	-0.99	0.67	0.55	0.93	0.87	0.87	0.88	0.93	0.94	0.7	0.41		0.71	-0.44	0.94	0.43	-0.07	-0.54	0.87
Short Term Investments	0.83	-0.86	-0.81	0.84	0.8	-0.55	0.79	-0.72	0.98	0.75	0.71	0.83	0.83	0.83	0.71	0.62	1.0	0.9	0.71		-0.82	0.62	-0.19	0.49	-0.88	0.84
Non Current Liabilities Total	-0.4	0.43	0.47	-0.42	-0.35	0.89	-0.32	0.53	-0.92	-0.28	-0.65	-0.4	-0.4	-0.41	-0.65	-0.45	-0.82	-0.96	-0.44	-0.82		-0.45	0.61	-0.86	0.99	-0.42
Capital Surpluse	0.77	-0.57	-0.89	0.77	0.75	0.0	0.74	-0.94	0.6	0.46	0.9	0.77	0.77	0.77	0.9	1.0	0.61	0.36	0.94	0.62	-0.45		0.4	-0.06	-0.51	0.77
Other Current Assets	0.38	-0.23	-0.39	0.36	0.42	0.91	0.44	-0.33	-0.33	0.25	0.15	0.38	0.38	0.38	0.15	0.4	-0.2	-0.6	0.43	-0.19	0.61	0.4		-0.93	0.53	0.36
Other Stockholder Equity	-0.08	-0.03	0.05	-0.06	-0.13	-1.0	-0.16	-0.04	0.63	-0.07	0.22	-0.08	-0.08	-0.08	0.22	-0.06	0.49	0.82	-0.07	0.49	-0.86	-0.06	-0.93		-0.8	-0.06
Total Liab	-0.51	0.54	0.56	-0.53	-0.46	0.83	-0.43	0.61	-0.96	-0.37	-0.71	-0.51	-0.51	-0.51	-0.71	-0.51	-0.88	-0.97	-0.54	-0.88	0.99	-0.51	0.53	-0.8		-0.53
Net Invested Capital	1.0	-0.96	-0.97	1.0	1.0	-0.01	0.99	-0.83	0.74	0.88	0.71	1.0	1.0	1.0	0.71	0.77	0.84	0.52	0.87	0.84	-0.42	0.77	0.36	-0.06	-0.53

Click cells to compare fundamentals

CONX Corp Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

VTSNX	Vanguard Total International
VBTIX	Vanguard Total Bond
VMCIX	Vanguard Mid Cap Index

Additional 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CONX Capital Surpluse vs Cash And Short Term Investments Analysis

Capital Surpluse vs Cash And Short Term Investments

Capital Surpluse vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Capital Surpluse

Cash And Short Term Investments

CONX Corp fundamental ratios Correlations

CONX Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for CONX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Other Liab	+ 1.0	Total Assets
Warrants	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Other Assets	+ 1.0	Total Assets

Other Stockholder Equity	- 1.0	Net Tangible Assets
Common Stock Shares Outstanding	- 0.99	Net Debt
Total Liab	- 0.97	Retained Earnings Total Equity
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Net Invested Capital	- 0.97	Total Current Liabilities