Anterix Net Debt vs Non Current Assets Total Analysis

ATEX Stock  USD 41.66  1.14  2.81%   
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 Net Debt and its Non Current Assets Total 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.

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anterix Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anterix's Net Debt and Non Current Assets Total is -0.31. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Anterix, assuming nothing else is changed. The correlation between historical values of Anterix's Net Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Anterix are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Anterix's Net Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

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.
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.Sales General And Administrative To Revenue is likely to rise to 10.07 in 2025, whereas Selling General Administrative is likely to drop slightly above 27 M in 2025.
 2023 2024 2025 (projected)
Total Operating Expenses14.3M16.5M31.4M
Cost Of Revenue848K763.2K725.0K

Anterix fundamental ratios Correlations

0.330.430.680.890.74-0.69-0.760.270.750.860.490.750.44-0.940.90.570.490.970.610.910.810.87-0.94-0.50.49
0.330.290.280.270.26-0.13-0.52-0.320.160.320.140.160.13-0.370.510.210.260.490.230.290.190.33-0.37-0.30.15
0.430.290.860.260.10.06-0.64-0.25-0.030.530.37-0.030.14-0.380.580.360.880.550.440.540.050.55-0.38-0.650.32
0.680.280.860.450.25-0.06-0.85-0.150.170.870.750.170.58-0.60.780.750.80.750.810.740.260.88-0.6-0.870.72
0.890.270.260.450.92-0.91-0.490.50.940.650.160.940.15-0.960.670.240.320.810.280.770.970.66-0.96-0.140.17
0.740.260.10.250.92-0.89-0.310.470.90.480.020.90.06-0.840.540.080.130.640.10.720.910.49-0.840.060.04
-0.69-0.130.06-0.06-0.91-0.890.17-0.63-0.98-0.310.18-0.980.140.8-0.390.08-0.06-0.570.07-0.51-0.97-0.330.8-0.240.17
-0.76-0.52-0.64-0.85-0.49-0.310.170.31-0.28-0.89-0.74-0.28-0.610.66-0.93-0.82-0.72-0.88-0.85-0.71-0.36-0.90.660.86-0.72
0.27-0.32-0.25-0.150.50.47-0.630.310.570.0-0.260.57-0.2-0.41-0.15-0.28-0.240.06-0.270.180.530.01-0.410.36-0.26
0.750.16-0.030.170.940.9-0.98-0.280.570.44-0.031.00.02-0.850.470.070.10.630.090.560.990.46-0.850.12-0.01
0.860.320.530.870.650.48-0.31-0.890.00.440.840.440.77-0.770.870.880.540.870.90.830.521.0-0.77-0.810.83
0.490.140.370.750.160.020.18-0.74-0.26-0.030.84-0.030.96-0.330.620.970.320.520.970.550.040.82-0.33-0.880.99
0.750.16-0.030.170.940.9-0.98-0.280.571.00.44-0.030.02-0.850.470.070.10.630.090.560.990.46-0.850.12-0.01
0.440.130.140.580.150.060.14-0.61-0.20.020.770.960.02-0.290.520.920.070.440.910.50.070.74-0.29-0.740.98
-0.94-0.37-0.38-0.6-0.96-0.840.80.66-0.41-0.85-0.77-0.33-0.85-0.29-0.78-0.41-0.42-0.9-0.44-0.82-0.89-0.791.00.37-0.32
0.90.510.580.780.670.54-0.39-0.93-0.150.470.870.620.470.52-0.780.710.650.970.740.860.550.88-0.78-0.70.6
0.570.210.360.750.240.080.08-0.82-0.280.070.880.970.070.92-0.410.710.40.621.00.560.150.86-0.41-0.890.97
0.490.260.880.80.320.13-0.06-0.72-0.240.10.540.320.10.07-0.420.650.40.610.460.470.180.57-0.42-0.630.27
0.970.490.550.750.810.64-0.57-0.880.060.630.870.520.630.44-0.90.970.620.610.650.880.70.88-0.9-0.610.51
0.610.230.440.810.280.10.07-0.85-0.270.090.90.970.090.91-0.440.741.00.460.650.60.170.89-0.44-0.920.96
0.910.290.540.740.770.72-0.51-0.710.180.560.830.550.560.5-0.820.860.560.470.880.60.630.83-0.82-0.520.55
0.810.190.050.260.970.91-0.97-0.360.530.990.520.040.990.07-0.890.550.150.180.70.170.630.53-0.890.030.06
0.870.330.550.880.660.49-0.33-0.90.010.461.00.820.460.74-0.790.880.860.570.880.890.830.53-0.79-0.810.81
-0.94-0.37-0.38-0.6-0.96-0.840.80.66-0.41-0.85-0.77-0.33-0.85-0.291.0-0.78-0.41-0.42-0.9-0.44-0.82-0.89-0.790.37-0.32
-0.5-0.3-0.65-0.87-0.140.06-0.240.860.360.12-0.81-0.880.12-0.740.37-0.7-0.89-0.63-0.61-0.92-0.520.03-0.810.37-0.85
0.490.150.320.720.170.040.17-0.72-0.26-0.010.830.99-0.010.98-0.320.60.970.270.510.960.550.060.81-0.32-0.85
Click cells to compare fundamentals

Anterix Account Relationship Matchups

Anterix fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets253.1M278.0M278.6M324.9M373.6M235.4M
Short Long Term Debt Total7.1M5.7M4.6M5.3M6.1M4.8M
Other Current Liab4.0M3.5M24.9M6.1M7.1M4.9M
Total Current Liabilities8.6M9.6M31.9M18.0M20.6M21.7M
Total Stockholder Equity212.5M186.3M179.8M161.0M185.2M189.3M
Property Plant And Equipment Net8.7M7.0M7.0M6.5M7.5M9.3M
Net Debt(110.5M)(99.9M)(38.5M)(55.3M)(49.8M)(52.2M)
Retained Earnings(260.3M)(313.8M)(338.4M)(372.2M)(335.0M)(318.2M)
Accounts Payable500K1.0M755K696K626.4K595.1K
Cash117.5M105.6M43.2M60.6M69.7M95.1M
Non Current Assets Total132.0M162.3M219.1M251.9M289.7M304.1M
Non Currrent Assets Other1.2M4.1M10.1M22.4M25.7M27.0M
Cash And Short Term Investments117.5M105.6M43.2M60.6M69.7M95.1M
Net Receivables4K238K418K8.5M9.8M10.3M
Common Stock Shares Outstanding17.4M18.1M18.8M18.8M21.6M16.1M
Liabilities And Stockholders Equity253.1M278.0M278.6M324.9M373.6M235.4M
Non Current Liabilities Total31.9M82.1M66.9M145.9M167.8M176.2M
Other Current Assets5.0M9.9M18.3M3.9M4.5M4.2M
Other Stockholder Equity472.9M500.1M518.2M533.2M613.2M375.4M
Total Liab40.5M91.7M98.8M163.9M188.4M197.9M
Property Plant And Equipment Gross8.7M7.0M18.6M18.2M20.9M11.4M
Total Current Assets121.1M115.8M59.5M73.0M84.0M100.2M
Intangible Assets122.1M151.2M202.0M216.7M249.3M261.7M
Net Tangible Assets133.5M90.4M35.1M(22.3M)(20.0M)(19.0M)
Current Deferred Revenue737K1.5M2.8M6.5M7.4M7.8M
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
Short Term Debt2.9M3.0M3.5M3.7M4.3M2.2M
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 Other28.7M77.9M61.4M15.5M17.9M27.6M
Net Invested Capital212.5M186.3M179.8M161.0M144.9M156.3M
Net Working Capital112.4M106.1M27.6M55.1M49.6M68.5M
Capital Lease Obligations7.1M5.7M4.6M5.3M4.8M5.0M

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