Anterix Average Inventory vs Income Quality Analysis

ATEX Stock

USD 34.81 1.85 5.61%

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 Average Inventory and its Income Quality 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.

Average Inventory vs Income Quality

Average Inventory vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anterix Average Inventory account and Income Quality. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Anterix's Average Inventory and Income Quality is 0.17. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Income Quality in the same time period over historical financial statements of Anterix, assuming nothing else is changed. The correlation between historical values of Anterix's Average Inventory and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Anterix are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Average Inventory i.e., Anterix's Average Inventory and Income Quality go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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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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.

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Anterix Average Inventory vs Income Quality Analysis

Average Inventory vs Income Quality

Average Inventory vs Income Quality Correlation Analysis

Correlation Coefficient

Average Inventory

Income Quality

Anterix fundamental ratios Correlations

Anterix Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anterix fundamental ratios Accounts

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Additional Tools for Anterix Stock Analysis

COMMON DESTINATIONS

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COMPANY

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