CONX Warrants vs Cash 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 Warrants and its Cash 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.

Warrants vs Cash

Warrants vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CONX Corp Warrants account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between CONX Corp's Warrants and Cash is 0.65. Overlapping area represents the amount of variation of Warrants that can explain the historical movement of Cash 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 Warrants and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Warrants of CONX Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Warrants i.e., CONX Corp's Warrants and Cash go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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Warrants

Securities that give the holder the right to purchase a company's stock at a specified price before a certain date. Warrants are similar to options but are typically issued directly by the company.

Cash

Cash refers to the most liquid asset of CONX Corp, which is listed under current asset account on CONX Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CONX Corp customers. The amounts must be unrestricted with restricted cash listed in a different CONX Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

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CONX Warrants vs Cash Analysis

Warrants vs Cash

Warrants vs Cash Correlation Analysis

Correlation Coefficient

Warrants

Cash

CONX Corp fundamental ratios Correlations

CONX Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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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