CONX Net Debt vs Non Current Liabilities Total 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 Net Debt and its Non Current Liabilities Total 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CONX Corp Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CONX Corp's Net Debt and Non Current Liabilities Total is 0.53. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total 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 Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of CONX Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., CONX Corp's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Non Current Liabilities Total

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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