Anterix Net Working Capital from 2010 to 2024

ATEX Stock  USD 32.16  0.55  1.74%   
Anterix Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 23.6 M in 2024. During the period from 2010 to 2024, Anterix Net Working Capital regression line of annual values had r-squared of  0.29 and arithmetic mean of  83,847,136. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
24.8 M
Current Value
23.6 M
Quarterly Volatility
33 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Anterix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Anterix main balance sheet or income statement drivers, such as Interest Expense of 94.4 M, Selling General Administrative of 54.6 M or Selling And Marketing Expenses of 4.2 M, as well as many exotic indicators such as Price To Sales Ratio of 248, Dividend Yield of 0.0 or PTB Ratio of 3.27. Anterix financial statements analysis is a perfect complement when working with Anterix Valuation or Volatility modules.
  
This module can also supplement Anterix's financial leverage analysis and stock options assessment as well as various Anterix Technical models . Check out the analysis of Anterix Correlation against competitors.
For more information on how to buy Anterix Stock please use our How to Invest in Anterix guide.

Latest Anterix's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Anterix over the last few years. It is Anterix's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Anterix's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Anterix Net Working Capital Regression Statistics

Arithmetic Mean83,847,136
Geometric Mean74,407,145
Coefficient Of Variation39.38
Mean Deviation25,327,533
Median95,047,000
Standard Deviation33,015,517
Sample Variance1090T
Range109.8M
R-Value(0.54)
Mean Square Error834.3T
R-Squared0.29
Significance0.04
Slope(3,970,542)
Total Sum of Squares15260.3T

Anterix Net Working Capital History

202423.6 M
202324.8 M
202227.6 M
2021106.1 M
2020112.4 M
2019133.3 M
201869.5 M

About Anterix Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Anterix income statement, its balance sheet, and the statement of cash flows. Anterix investors use historical funamental indicators, such as Anterix's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Anterix investors may use each financial statement separately, they are all related. The changes in Anterix's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Anterix's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Anterix Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Anterix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital24.8 M23.6 M

Pair Trading with Anterix

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Anterix position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Anterix will appreciate offsetting losses from the drop in the long position's value.

Moving together with Anterix Stock

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Moving against Anterix Stock

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The ability to find closely correlated positions to Anterix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anterix when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Anterix - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Anterix to buy it.
The correlation of Anterix is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Anterix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anterix moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Anterix can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Anterix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Anterix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Anterix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Anterix Stock:
Check out the analysis of Anterix Correlation against competitors.
For more information on how to buy Anterix Stock please use our How to Invest in Anterix guide.
Note that the Anterix information on this page should be used as a complementary analysis to other Anterix's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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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Is Anterix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anterix. If investors know Anterix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anterix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.83
Revenue Per Share
0.188
Quarterly Revenue Growth
1.199
Return On Assets
(0.12)
Return On Equity
0.0955
The market value of Anterix is measured differently than its book value, which is the value of Anterix that is recorded on the company's balance sheet. Investors also form their own opinion of Anterix's value that differs from its market value or its book value, called intrinsic value, which is Anterix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anterix's market value can be influenced by many factors that don't directly affect Anterix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anterix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Anterix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anterix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.