CONX Cash And Short Term Investments vs Net Debt 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 Cash And Short Term Investments and its Net Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy CONX Stock please use our How to Invest in CONX Corp guide.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

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

The correlation between CONX Corp's Cash And Short Term Investments and Net Debt is -0.97. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt 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 Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of CONX Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., CONX Corp's Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

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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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy CONX Stock please use our How to Invest in CONX Corp guide.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

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CONX Corp Account Relationship Matchups

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When determining whether CONX Corp is a strong investment it is important to analyze CONX Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CONX Corp's future performance. For an informed investment choice regarding CONX Stock, refer to the following important reports:

How To Invest In CONX

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Is CONX Stock a good investment?

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What is CONX Corp's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy CONX Stock please use our How to Invest in CONX Corp guide.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.

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CONX Cash And Short Term Investments vs Net Debt Analysis

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Debt

CONX Corp fundamental ratios Correlations

CONX Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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