Anterix Common Stock vs Short Term Debt Analysis

ATEX Stock  USD 33.23  0.15  0.45%   
Anterix financial indicator trend analysis is way more than just evaluating Anterix prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anterix is a good investment. Please check the relationship between Anterix Common Stock and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anterix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Anterix Stock please use our How to Invest in Anterix guide.

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anterix Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Anterix's Common Stock and Short Term Debt is -0.1. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Anterix, assuming nothing else is changed. The correlation between historical values of Anterix's Common Stock and Short Term 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 Common Stock of Anterix are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Anterix's Common Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Short Term Debt

Most indicators from Anterix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anterix 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 Anterix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Anterix Stock please use our How to Invest in Anterix guide.Selling General Administrative is likely to drop to about 27 M in 2024. Tax Provision is likely to drop to about 1.3 M in 2024
 2021 2023 2024 (projected)
Total Operating Expenses49.0M14.3M13.6M
Cost Of Revenue5K848K805.6K

Anterix fundamental ratios Correlations

0.310.420.660.930.79-0.79-0.720.350.810.930.390.810.32-0.970.880.50.50.960.550.890.860.93-0.97-0.410.39
0.310.280.260.260.27-0.14-0.5-0.310.170.340.070.170.06-0.360.510.170.250.480.190.260.190.34-0.36-0.270.09
0.420.280.930.250.10.05-0.63-0.24-0.020.610.38-0.020.09-0.370.590.370.890.550.460.540.050.63-0.37-0.660.33
0.660.260.930.440.25-0.14-0.77-0.080.170.840.550.170.29-0.580.760.560.880.740.640.730.250.85-0.58-0.760.5
0.930.260.250.440.93-0.93-0.480.520.950.740.130.950.12-0.970.710.230.310.840.270.810.970.75-0.97-0.110.14
0.790.270.10.250.93-0.9-0.320.480.90.580.020.90.07-0.850.60.090.130.690.120.790.910.58-0.850.070.04
-0.79-0.140.05-0.14-0.93-0.90.21-0.62-0.99-0.520.14-0.990.090.83-0.50.02-0.07-0.660.0-0.61-0.98-0.520.83-0.210.12
-0.72-0.5-0.63-0.77-0.48-0.320.210.28-0.3-0.85-0.75-0.3-0.590.64-0.92-0.86-0.72-0.85-0.89-0.65-0.37-0.850.640.85-0.73
0.35-0.31-0.24-0.080.520.48-0.620.280.570.15-0.230.57-0.15-0.44-0.1-0.25-0.230.12-0.240.260.540.16-0.440.33-0.23
0.810.17-0.020.170.950.9-0.99-0.30.570.55-0.031.00.03-0.860.550.10.10.690.120.631.00.55-0.860.120.0
0.930.340.610.840.740.58-0.52-0.850.150.550.590.550.45-0.860.920.660.650.950.710.890.621.0-0.86-0.660.56
0.390.070.380.550.130.020.14-0.75-0.23-0.030.59-0.030.94-0.30.510.960.360.430.960.440.030.57-0.3-0.880.99
0.810.17-0.020.170.950.9-0.99-0.30.571.00.55-0.030.03-0.860.550.10.10.690.120.631.00.55-0.860.120.0
0.320.060.090.290.120.070.09-0.59-0.150.030.450.940.03-0.250.360.880.040.310.850.370.060.42-0.25-0.690.96
-0.97-0.36-0.37-0.58-0.97-0.850.830.64-0.44-0.86-0.86-0.3-0.86-0.25-0.81-0.4-0.42-0.92-0.45-0.85-0.89-0.871.00.34-0.3
0.880.510.590.760.710.6-0.5-0.92-0.10.550.920.510.550.36-0.810.640.710.970.690.820.610.92-0.81-0.630.49
0.50.170.370.560.230.090.02-0.86-0.250.10.660.960.10.88-0.40.640.460.560.990.460.160.65-0.4-0.890.95
0.50.250.890.880.310.13-0.07-0.72-0.230.10.650.360.10.04-0.420.710.460.640.540.50.180.68-0.42-0.670.3
0.960.480.550.740.840.69-0.66-0.850.120.690.950.430.690.31-0.920.970.560.640.610.860.750.96-0.92-0.540.42
0.550.190.460.640.270.120.0-0.89-0.240.120.710.960.120.85-0.450.690.990.540.610.520.180.71-0.45-0.910.94
0.890.260.540.730.810.79-0.61-0.650.260.630.890.440.630.37-0.850.820.460.50.860.520.680.88-0.85-0.420.44
0.860.190.050.250.970.91-0.98-0.370.541.00.620.031.00.06-0.890.610.160.180.750.180.680.62-0.890.040.05
0.930.340.630.850.750.58-0.52-0.850.160.551.00.570.550.42-0.870.920.650.680.960.710.880.62-0.87-0.670.55
-0.97-0.36-0.37-0.58-0.97-0.850.830.64-0.44-0.86-0.86-0.3-0.86-0.251.0-0.81-0.4-0.42-0.92-0.45-0.85-0.89-0.870.34-0.3
-0.41-0.27-0.66-0.76-0.110.07-0.210.850.330.12-0.66-0.880.12-0.690.34-0.63-0.89-0.67-0.54-0.91-0.420.04-0.670.34-0.83
0.390.090.330.50.140.040.12-0.73-0.230.00.560.990.00.96-0.30.490.950.30.420.940.440.050.55-0.3-0.83
Click cells to compare fundamentals

Anterix Account Relationship Matchups

Anterix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets267.4M253.1M278.0M278.6M324.9M235.4M
Other Current Liab5.8M4.0M3.5M24.9M6.1M4.9M
Total Current Liabilities8.8M8.6M9.6M31.9M18.0M10.0M
Total Stockholder Equity245.1M212.5M186.3M179.8M161.0M189.3M
Property Plant And Equipment Net13.5M8.7M7.0M7.0M6.5M9.3M
Net Debt(128.7M)(110.5M)(99.9M)(38.5M)(55.3M)(58.0M)
Retained Earnings(205.9M)(260.3M)(313.8M)(338.4M)(372.2M)(353.6M)
Accounts Payable645K500K1.0M755K696K661.2K
Cash137.5M117.5M105.6M43.2M60.6M95.1M
Non Current Assets Total125.2M132.0M162.3M219.1M251.9M135.2M
Non Currrent Assets Other(2.9M)1.2M4.1M10.1M22.4M23.5M
Cash And Short Term Investments137.5M117.5M105.6M43.2M60.6M95.1M
Net Receivables61K4K238K418K8.5M8.9M
Common Stock Shares Outstanding16.4M17.4M18.1M18.8M18.8M16.1M
Liabilities And Stockholders Equity267.4M253.1M278.0M278.6M324.9M235.4M
Non Current Liabilities Total13.5M31.9M82.1M66.9M145.9M153.2M
Other Current Assets4.6M5.0M9.9M18.3M3.9M4.2M
Other Stockholder Equity451.0M472.9M500.1M518.2M533.2M375.4M
Total Liab22.3M40.5M91.7M98.8M163.9M172.1M
Property Plant And Equipment Gross13.5M8.7M7.0M18.6M18.2M11.4M
Total Current Assets142.2M121.1M115.8M59.5M73.0M100.2M
Intangible Assets111.5M122.1M151.2M202.0M216.7M121.7M
Net Tangible Assets133.5M90.4M35.1M(22.3M)(20.0M)(19.0M)
Current Deferred Revenue733K737K1.5M2.8M6.5M6.8M
Other Assets180K1.2M4.1M1.01.151.09
Retained Earnings Total Equity(205.9M)(260.3M)(313.8M)(338.4M)(304.5M)(319.8M)
Capital Surpluse451.0M472.9M500.1M518.2M595.9M432.6M
Deferred Long Term Liab3.1M3.2M4.2M5.4M6.3M4.2M
Property Plant Equipment7M3.6M7.0M3.6M3.2M3.1M
Other Liab7.2M6.5M26.3M77.9M89.6M94.1M
Inventory0.01.0(238K)(418K)(376.2K)(357.4K)
Non Current Liabilities Other10.4M28.7M77.9M61.4M15.5M27.6M
Net Invested Capital245.1M212.5M186.3M179.8M161.0M156.3M
Net Working Capital133.3M112.4M106.1M27.6M55.1M68.5M

Also Currently Popular

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.

Additional Tools for Anterix Stock Analysis

When running Anterix's price analysis, check to measure Anterix'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 Anterix is operating at the current time. Most of Anterix's value examination focuses on studying past and present price action to predict the probability of Anterix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anterix's price. Additionally, you may evaluate how the addition of Anterix to your portfolios can decrease your overall portfolio volatility.