Anterix Non Current Liabilities Total vs Intangible Assets Analysis

ATEX Stock  USD 33.61  1.68  5.26%   
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 Liabilities Total and its Intangible Assets 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 Liabilities Total vs Intangible Assets

Non Current Liabilities Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anterix Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anterix's Non Current Liabilities Total and Intangible Assets is 0.65. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets 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 Liabilities Total and Intangible Assets 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 Liabilities Total of Anterix are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Liabilities Total i.e., Anterix's Non Current Liabilities Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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

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