Anterix Financials

ATEX Stock  USD 34.70  0.11  0.32%   
Based on the key measurements obtained from Anterix's financial statements, Anterix is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Anterix's Current Deferred Revenue is fairly stable compared to the past year. Other Liabilities is likely to rise to about 94.1 M in 2024, whereas Total Assets are likely to drop slightly above 235.4 M in 2024. Key indicators impacting Anterix's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.864.0672
Notably Down
Very volatile
Investors should never underestimate Anterix's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Anterix's cash flow, debt, and profitability to make informed and accurate decisions about investing in Anterix.

Net Income

(9.58 Million)

  
Understanding current and past Anterix Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Anterix's financial statements are interrelated, with each one affecting the others. For example, an increase in Anterix's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Anterix's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Anterix. Check Anterix's Beneish M Score to see the likelihood of Anterix's management manipulating its earnings.

Anterix Stock Summary

Anterix competes with Shenandoah Telecommunicatio, Liberty Broadband, Ooma, IDT, and Liberty Broadband. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey. Anterix operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 73 people.
Specialization
Communication Services, Telecommunication Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS03676C1009
CUSIP03676C100 69290R104 694171307
LocationNew Jersey; U.S.A
Business Address3 Garret Mountain
SectorWireless Telecommunication Services
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.anterix.com
Phone973 771 0300
CurrencyUSD - US Dollar

Anterix Key Financial Ratios

Anterix Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets267.4M253.1M278.0M278.6M324.9M235.4M
Other Current Liab5.8M4.0M3.5M24.9M6.1M4.9M
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
Net Receivables61K4K238K418K8.5M8.9M
Other Current Assets4.6M5.0M9.9M18.3M3.9M4.2M
Total Liab22.3M40.5M91.7M98.8M163.9M172.1M
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)
Other Assets180K1.2M4.1M1.01.151.09
Capital Surpluse451.0M472.9M500.1M518.2M595.9M432.6M
Other Liab7.2M6.5M26.3M77.9M89.6M94.1M
Inventory0.01.0(238K)(418K)(376.2K)(357.4K)
Net Invested Capital245.1M212.5M186.3M179.8M161.0M156.3M
Net Working Capital133.3M112.4M106.1M27.6M55.1M68.5M

Anterix Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense1.6M7.6M56K78.2M89.9M94.4M
Total Revenue1.6M921K1.1M1.9M4.2M2.7M
Gross Profit(1.3M)(685K)1.1M1.9M4.2M4.4M
Operating Income(37.4M)(54.8M)(48.0M)(54.9M)(10.1M)(10.6M)
Ebit(37.4M)(50.8M)(48.0M)(54.9M)(52.5M)(49.8M)
Research Development2.7M4.3M3.6M4.4M5.7M2.9M
Ebitda(33.2M)(47.3M)(46.5M)(53.4M)(51.6M)(49.0M)
Cost Of Revenue7.3M2.8M1.6M5K848K805.6K
Income Before Tax(35.2M)(54.3M)(36.5M)(15.1M)(7.5M)(7.9M)
Net Income(37.6M)(54.4M)(37.5M)(16.3M)(9.1M)(9.6M)
Income Tax Expense2.4M124K983K1.3M1.6M1.1M
Interest Income1.8M124K56K1.1M2.4M2.5M
Tax Provision2.4M124K983K1.3M1.6M1.3M
Net Interest Income1.8M124K56K1.1M2.4M2.5M
Non Recurring282K220K107K10K9K8.6K

Anterix Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Anterix. It measures of how well Anterix is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Anterix brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Anterix had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Anterix has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(45K)173K(3M)19.3M22.2M23.3M
Change In Cash60.7M(19.9M)(11.9M)(62.4M)24.9M26.2M
Free Cash Flow(35.4M)(24.1M)(9.5M)(54.4M)24.7M25.9M
Depreciation3.6M3.5M1.5M1.4M844K801.8K
Capital Expenditures4.4M14.2M27.4M27.1M17.3M13.7M
Net Income(37.6M)(54.4M)(37.5M)(16.3M)(9.1M)(9.6M)
End Period Cash Flow137.5M117.5M105.6M43.2M68.1M95.8M
Change To Netincome5.7M35.6M3.5M19.4M22.3M12.0M
Investments(4.4M)(14.2M)(27.4M)(27.1M)8.1M8.5M
Other Non Cash Items313K4.0M(11.1M)(38.4M)(40.8M)(38.8M)

Anterix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Anterix's current stock value. Our valuation model uses many indicators to compare Anterix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Anterix competition to find correlations between indicators driving Anterix's intrinsic value. More Info.
Anterix is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Anterix's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Anterix's earnings, one of the primary drivers of an investment's value.

Anterix Systematic Risk

Anterix's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Anterix volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Anterix correlated with the market. If Beta is less than 0 Anterix generally moves in the opposite direction as compared to the market. If Anterix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Anterix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Anterix is generally in the same direction as the market. If Beta > 1 Anterix moves generally in the same direction as, but more than the movement of the benchmark.

Anterix Thematic Clasifications

Anterix is part of Wireless investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Wireless technology and communications. Companies providing wireless technology and communication services
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This theme covers Wireless technology and communications. Companies providing wireless technology and communication services. Get More Thematic Ideas
Today, most investors in Anterix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Anterix's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Anterix growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.47

At this time, Anterix's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Anterix November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Anterix help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Anterix. We use our internally-developed statistical techniques to arrive at the intrinsic value of Anterix based on widely used predictive technical indicators. In general, we focus on analyzing Anterix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Anterix's daily price indicators and compare them against related drivers.

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.