CONX Short Long Term Debt vs Accounts Payable Analysis

CONX Stock  USD 6.51  0.01  0.15%   
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 Short Long Term Debt and its Accounts Payable 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.

Short Long Term Debt vs Accounts Payable

Short Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CONX Corp Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CONX Corp's Short Long Term Debt and Accounts Payable is -0.41. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable 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 Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of CONX Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., CONX Corp's Short Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Accounts Payable

An accounting item on the balance sheet that represents CONX Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CONX Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 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
Click cells to compare fundamentals

CONX Corp Account Relationship Matchups

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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.
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:
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.