Anterix Non Current Assets Total vs Net Debt Analysis

ATEX Stock

USD 33.72 0.49 1.47%

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 Non Current Assets Total and its Net 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.

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anterix Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Anterix's Non Current Assets Total and Net Debt is -0.52. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net 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 Non Current Assets Total and Net 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 Non Current Assets Total of Anterix are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Anterix's Non Current Assets Total and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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.

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 Expenses	49.0M	14.3M	13.6M
Cost Of Revenue	5K	848K	805.6K

Total Operating Expenses Cost Of Revenue

Anterix fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.31	0.42	0.66	0.93	0.79	-0.79	-0.72	0.35	0.81	0.93	0.39	0.81	0.32	-0.97	0.88	0.5	0.5	0.96	0.55	0.89	0.86	0.93	-0.97	-0.41	0.39
Short Long Term Debt Total	0.31		0.28	0.26	0.26	0.27	-0.14	-0.5	-0.31	0.17	0.34	0.07	0.17	0.06	-0.36	0.51	0.17	0.25	0.48	0.19	0.26	0.19	0.34	-0.36	-0.27	0.09
Other Current Liab	0.42	0.28		0.93	0.25	0.1	0.05	-0.63	-0.24	-0.02	0.61	0.38	-0.02	0.09	-0.37	0.59	0.37	0.89	0.55	0.46	0.54	0.05	0.63	-0.37	-0.66	0.33
Total Current Liabilities	0.66	0.26	0.93		0.44	0.25	-0.14	-0.77	-0.08	0.17	0.84	0.55	0.17	0.29	-0.58	0.76	0.56	0.88	0.74	0.64	0.73	0.25	0.85	-0.58	-0.76	0.5
Total Stockholder Equity	0.93	0.26	0.25	0.44		0.93	-0.93	-0.48	0.52	0.95	0.74	0.13	0.95	0.12	-0.97	0.71	0.23	0.31	0.84	0.27	0.81	0.97	0.75	-0.97	-0.11	0.14
Property Plant And Equipment Net	0.79	0.27	0.1	0.25	0.93		-0.9	-0.32	0.48	0.9	0.58	0.02	0.9	0.07	-0.85	0.6	0.09	0.13	0.69	0.12	0.79	0.91	0.58	-0.85	0.07	0.04
Net Debt	-0.79	-0.14	0.05	-0.14	-0.93	-0.9		0.21	-0.62	-0.99	-0.52	0.14	-0.99	0.09	0.83	-0.5	0.02	-0.07	-0.66	0.0	-0.61	-0.98	-0.52	0.83	-0.21	0.12
Retained Earnings	-0.72	-0.5	-0.63	-0.77	-0.48	-0.32	0.21		0.28	-0.3	-0.85	-0.75	-0.3	-0.59	0.64	-0.92	-0.86	-0.72	-0.85	-0.89	-0.65	-0.37	-0.85	0.64	0.85	-0.73
Accounts Payable	0.35	-0.31	-0.24	-0.08	0.52	0.48	-0.62	0.28		0.57	0.15	-0.23	0.57	-0.15	-0.44	-0.1	-0.25	-0.23	0.12	-0.24	0.26	0.54	0.16	-0.44	0.33	-0.23
Cash	0.81	0.17	-0.02	0.17	0.95	0.9	-0.99	-0.3	0.57		0.55	-0.03	1.0	0.03	-0.86	0.55	0.1	0.1	0.69	0.12	0.63	1.0	0.55	-0.86	0.12	0.0
Non Current Assets Total	0.93	0.34	0.61	0.84	0.74	0.58	-0.52	-0.85	0.15	0.55		0.59	0.55	0.45	-0.86	0.92	0.66	0.65	0.95	0.71	0.89	0.62	1.0	-0.86	-0.66	0.56
Non Currrent Assets Other	0.39	0.07	0.38	0.55	0.13	0.02	0.14	-0.75	-0.23	-0.03	0.59		-0.03	0.94	-0.3	0.51	0.96	0.36	0.43	0.96	0.44	0.03	0.57	-0.3	-0.88	0.99
Cash And Short Term Investments	0.81	0.17	-0.02	0.17	0.95	0.9	-0.99	-0.3	0.57	1.0	0.55	-0.03		0.03	-0.86	0.55	0.1	0.1	0.69	0.12	0.63	1.0	0.55	-0.86	0.12	0.0
Net Receivables	0.32	0.06	0.09	0.29	0.12	0.07	0.09	-0.59	-0.15	0.03	0.45	0.94	0.03		-0.25	0.36	0.88	0.04	0.31	0.85	0.37	0.06	0.42	-0.25	-0.69	0.96
Common Stock Total Equity	-0.97	-0.36	-0.37	-0.58	-0.97	-0.85	0.83	0.64	-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	-0.87	1.0	0.34	-0.3
Common Stock Shares Outstanding	0.88	0.51	0.59	0.76	0.71	0.6	-0.5	-0.92	-0.1	0.55	0.92	0.51	0.55	0.36	-0.81		0.64	0.71	0.97	0.69	0.82	0.61	0.92	-0.81	-0.63	0.49
Non Current Liabilities Total	0.5	0.17	0.37	0.56	0.23	0.09	0.02	-0.86	-0.25	0.1	0.66	0.96	0.1	0.88	-0.4	0.64		0.46	0.56	0.99	0.46	0.16	0.65	-0.4	-0.89	0.95
Other Current Assets	0.5	0.25	0.89	0.88	0.31	0.13	-0.07	-0.72	-0.23	0.1	0.65	0.36	0.1	0.04	-0.42	0.71	0.46		0.64	0.54	0.5	0.18	0.68	-0.42	-0.67	0.3
Other Stockholder Equity	0.96	0.48	0.55	0.74	0.84	0.69	-0.66	-0.85	0.12	0.69	0.95	0.43	0.69	0.31	-0.92	0.97	0.56	0.64		0.61	0.86	0.75	0.96	-0.92	-0.54	0.42
Total Liab	0.55	0.19	0.46	0.64	0.27	0.12	0.0	-0.89	-0.24	0.12	0.71	0.96	0.12	0.85	-0.45	0.69	0.99	0.54	0.61		0.52	0.18	0.71	-0.45	-0.91	0.94
Property Plant And Equipment Gross	0.89	0.26	0.54	0.73	0.81	0.79	-0.61	-0.65	0.26	0.63	0.89	0.44	0.63	0.37	-0.85	0.82	0.46	0.5	0.86	0.52		0.68	0.88	-0.85	-0.42	0.44
Total Current Assets	0.86	0.19	0.05	0.25	0.97	0.91	-0.98	-0.37	0.54	1.0	0.62	0.03	1.0	0.06	-0.89	0.61	0.16	0.18	0.75	0.18	0.68		0.62	-0.89	0.04	0.05
Intangible Assets	0.93	0.34	0.63	0.85	0.75	0.58	-0.52	-0.85	0.16	0.55	1.0	0.57	0.55	0.42	-0.87	0.92	0.65	0.68	0.96	0.71	0.88	0.62		-0.87	-0.67	0.55
Common Stock	-0.97	-0.36	-0.37	-0.58	-0.97	-0.85	0.83	0.64	-0.44	-0.86	-0.86	-0.3	-0.86	-0.25	1.0	-0.81	-0.4	-0.42	-0.92	-0.45	-0.85	-0.89	-0.87		0.34	-0.3
Net Tangible Assets	-0.41	-0.27	-0.66	-0.76	-0.11	0.07	-0.21	0.85	0.33	0.12	-0.66	-0.88	0.12	-0.69	0.34	-0.63	-0.89	-0.67	-0.54	-0.91	-0.42	0.04	-0.67	0.34		-0.83
Current Deferred Revenue	0.39	0.09	0.33	0.5	0.14	0.04	0.12	-0.73	-0.23	0.0	0.56	0.99	0.0	0.96	-0.3	0.49	0.95	0.3	0.42	0.94	0.44	0.05	0.55	-0.3	-0.83

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Anterix Account Relationship Matchups

Anterix fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	267.4M	253.1M	278.0M	278.6M	324.9M	235.4M
Other Current Liab	5.8M	4.0M	3.5M	24.9M	6.1M	4.9M
Total Current Liabilities	8.8M	8.6M	9.6M	31.9M	18.0M	10.0M
Total Stockholder Equity	245.1M	212.5M	186.3M	179.8M	161.0M	189.3M
Property Plant And Equipment Net	13.5M	8.7M	7.0M	7.0M	6.5M	9.3M
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 Payable	645K	500K	1.0M	755K	696K	661.2K
Cash	137.5M	117.5M	105.6M	43.2M	60.6M	95.1M
Non Current Assets Total	125.2M	132.0M	162.3M	219.1M	251.9M	135.2M
Non Currrent Assets Other	(2.9M)	1.2M	4.1M	10.1M	22.4M	23.5M
Cash And Short Term Investments	137.5M	117.5M	105.6M	43.2M	60.6M	95.1M
Net Receivables	61K	4K	238K	418K	8.5M	8.9M
Common Stock Shares Outstanding	16.4M	17.4M	18.1M	18.8M	18.8M	16.1M
Liabilities And Stockholders Equity	267.4M	253.1M	278.0M	278.6M	324.9M	235.4M
Non Current Liabilities Total	13.5M	31.9M	82.1M	66.9M	145.9M	153.2M
Other Current Assets	4.6M	5.0M	9.9M	18.3M	3.9M	4.2M
Other Stockholder Equity	451.0M	472.9M	500.1M	518.2M	533.2M	375.4M
Total Liab	22.3M	40.5M	91.7M	98.8M	163.9M	172.1M
Property Plant And Equipment Gross	13.5M	8.7M	7.0M	18.6M	18.2M	11.4M
Total Current Assets	142.2M	121.1M	115.8M	59.5M	73.0M	100.2M
Intangible Assets	111.5M	122.1M	151.2M	202.0M	216.7M	121.7M
Net Tangible Assets	133.5M	90.4M	35.1M	(22.3M)	(20.0M)	(19.0M)
Current Deferred Revenue	733K	737K	1.5M	2.8M	6.5M	6.8M
Other Assets	180K	1.2M	4.1M	1.0	1.15	1.09
Retained Earnings Total Equity	(205.9M)	(260.3M)	(313.8M)	(338.4M)	(304.5M)	(319.8M)
Capital Surpluse	451.0M	472.9M	500.1M	518.2M	595.9M	432.6M
Deferred Long Term Liab	3.1M	3.2M	4.2M	5.4M	6.3M	4.2M
Property Plant Equipment	7M	3.6M	7.0M	3.6M	3.2M	3.1M
Other Liab	7.2M	6.5M	26.3M	77.9M	89.6M	94.1M
Inventory	0.0	1.0	(238K)	(418K)	(376.2K)	(357.4K)
Non Current Liabilities Other	10.4M	28.7M	77.9M	61.4M	15.5M	27.6M
Net Invested Capital	245.1M	212.5M	186.3M	179.8M	161.0M	156.3M
Net Working Capital	133.3M	112.4M	106.1M	27.6M	55.1M	68.5M

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Anterix Non Current Assets Total vs Net Debt Analysis

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Net Debt

Anterix fundamental ratios Correlations

Anterix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anterix fundamental ratios Accounts

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Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Intangible Assets	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Current Deferred Revenue	+ 0.99	Non Currrent Assets Other

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Current Assets	- 0.98	Net Debt
Common Stock	- 0.97	Total Stockholder Equity
Common Stock Total Equity	- 0.97	Total Stockholder Equity
Common Stock	- 0.97	Total Assets