CONX Common Stock Shares Outstanding vs Retained Earnings 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 Common Stock Shares Outstanding and its Retained Earnings 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.

Common Stock Shares Outstanding vs Retained Earnings

Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CONX Corp Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between CONX Corp's Common Stock Shares Outstanding and Retained Earnings is 0.67. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings 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 Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of CONX Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., CONX Corp's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Income75.0K4.9M267.5K254.1K
Tax Provision18.4K1.2M65.5K62.2K

CONX Corp fundamental ratios Correlations

-0.96-0.971.01.00.011.0-0.820.720.880.71.01.01.00.70.770.830.50.870.83-0.40.770.38-0.08-0.511.0
-0.960.88-0.96-0.950.1-0.950.71-0.75-0.9-0.59-0.96-0.96-0.96-0.59-0.57-0.86-0.58-0.76-0.860.43-0.57-0.23-0.030.54-0.96
-0.970.88-0.97-0.950.02-0.950.94-0.74-0.74-0.85-0.97-0.97-0.97-0.85-0.89-0.81-0.49-0.97-0.810.47-0.89-0.390.050.56-0.97
1.0-0.96-0.971.0-0.010.99-0.830.740.880.711.01.01.00.710.770.840.520.870.84-0.420.770.36-0.06-0.531.0
1.0-0.95-0.951.00.061.0-0.80.680.90.661.01.01.00.660.750.80.450.850.8-0.350.750.42-0.13-0.461.0
0.010.10.02-0.010.060.090.1-0.680.01-0.270.010.010.01-0.270.0-0.55-0.860.0-0.550.890.00.91-1.00.83-0.01
1.0-0.95-0.950.991.00.09-0.790.670.90.651.01.01.00.650.740.780.430.850.79-0.320.740.44-0.16-0.430.99
-0.820.710.94-0.83-0.80.1-0.79-0.7-0.47-0.97-0.82-0.82-0.83-0.97-0.94-0.72-0.47-0.99-0.720.53-0.94-0.33-0.040.61-0.83
0.72-0.75-0.740.740.68-0.680.67-0.70.610.740.720.720.720.740.60.980.950.670.98-0.920.6-0.330.63-0.960.74
0.88-0.9-0.740.880.90.010.9-0.470.610.320.890.890.880.320.460.750.460.550.75-0.280.460.25-0.07-0.370.88
0.7-0.59-0.850.710.66-0.270.65-0.970.740.320.70.70.711.00.90.70.550.930.71-0.650.90.150.22-0.710.71
1.0-0.96-0.971.01.00.011.0-0.820.720.890.71.01.00.70.770.830.50.870.83-0.40.770.38-0.08-0.511.0
1.0-0.96-0.971.01.00.011.0-0.820.720.890.71.01.00.70.770.830.50.870.83-0.40.770.38-0.08-0.511.0
1.0-0.96-0.971.01.00.011.0-0.830.720.880.711.01.00.710.770.830.50.880.83-0.410.770.38-0.08-0.511.0
0.7-0.59-0.850.710.66-0.270.65-0.970.740.321.00.70.70.710.90.70.550.930.71-0.650.90.150.22-0.710.71
0.77-0.57-0.890.770.750.00.74-0.940.60.460.90.770.770.770.90.610.360.940.62-0.451.00.4-0.06-0.510.77
0.83-0.86-0.810.840.8-0.550.78-0.720.980.750.70.830.830.830.70.610.90.71.0-0.820.61-0.20.49-0.880.84
0.5-0.58-0.490.520.45-0.860.43-0.470.950.460.550.50.50.50.550.360.90.410.9-0.960.36-0.60.82-0.970.52
0.87-0.76-0.970.870.850.00.85-0.990.670.550.930.870.870.880.930.940.70.410.71-0.440.940.43-0.07-0.540.87
0.83-0.86-0.810.840.8-0.550.79-0.720.980.750.710.830.830.830.710.621.00.90.71-0.820.62-0.190.49-0.880.84
-0.40.430.47-0.42-0.350.89-0.320.53-0.92-0.28-0.65-0.4-0.4-0.41-0.65-0.45-0.82-0.96-0.44-0.82-0.450.61-0.860.99-0.42
0.77-0.57-0.890.770.750.00.74-0.940.60.460.90.770.770.770.91.00.610.360.940.62-0.450.4-0.06-0.510.77
0.38-0.23-0.390.360.420.910.44-0.33-0.330.250.150.380.380.380.150.4-0.2-0.60.43-0.190.610.4-0.930.530.36
-0.08-0.030.05-0.06-0.13-1.0-0.16-0.040.63-0.070.22-0.08-0.08-0.080.22-0.060.490.82-0.070.49-0.86-0.06-0.93-0.8-0.06
-0.510.540.56-0.53-0.460.83-0.430.61-0.96-0.37-0.71-0.51-0.51-0.51-0.71-0.51-0.88-0.97-0.54-0.880.99-0.510.53-0.8-0.53
1.0-0.96-0.971.01.0-0.010.99-0.830.740.880.711.01.01.00.710.770.840.520.870.84-0.420.770.36-0.06-0.53
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CONX Corp Account Relationship Matchups

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