Anterix Selling And Marketing Expenses vs Depreciation And Amortization Analysis

ATEX Stock  USD 32.21  0.32  1.00%   
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 Selling And Marketing Expenses and its Depreciation And Amortization 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 tightly coupled 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 And Marketing Expenses vs Depreciation And Amortization

Selling And Marketing Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anterix Selling And Marketing Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anterix's Selling And Marketing Expenses and Depreciation And Amortization is -0.45. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Anterix, assuming nothing else is changed. The correlation between historical values of Anterix's Selling And Marketing Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Anterix are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling And Marketing Expenses i.e., Anterix's Selling And Marketing Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling And Marketing Expenses

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 tightly coupled 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.At this time, Anterix's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 1.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (6.01) in 2024.
 2021 2023 2024 (projected)
Total Operating Expenses49.0M65.3M32.9M
Cost Of Revenue5K4.5K4.3K

Anterix fundamental ratios Correlations

0.310.440.570.960.82-0.74-0.730.440.80.860.410.80.1-0.970.860.560.540.960.580.830.860.85-0.97-0.40.43
0.310.20.20.270.27-0.13-0.53-0.190.160.310.060.16-0.11-0.360.490.220.210.470.220.230.180.31-0.36-0.270.1
0.440.20.980.280.130.22-0.72-0.32-0.020.810.92-0.02-0.11-0.380.640.760.930.540.860.750.050.81-0.38-0.880.95
0.570.20.980.410.240.08-0.79-0.140.110.90.940.11-0.05-0.510.720.840.960.650.920.820.190.9-0.51-0.90.97
0.960.270.280.410.92-0.87-0.550.480.920.750.210.920.17-0.970.710.350.330.860.380.780.950.73-0.97-0.170.23
0.820.270.130.240.92-0.86-0.370.380.890.590.040.890.34-0.860.580.140.160.70.180.740.90.57-0.860.030.08
-0.74-0.130.220.08-0.87-0.860.19-0.63-0.96-0.340.27-0.96-0.150.78-0.380.040.13-0.580.05-0.4-0.95-0.330.78-0.290.25
-0.73-0.53-0.72-0.79-0.55-0.370.19-0.01-0.31-0.87-0.72-0.310.220.67-0.92-0.89-0.85-0.87-0.89-0.71-0.4-0.880.670.81-0.73
0.44-0.19-0.32-0.140.480.38-0.63-0.010.580.18-0.120.580.39-0.470.090.1-0.10.270.030.080.570.18-0.470.13-0.15
0.80.16-0.020.110.920.89-0.96-0.310.580.51-0.081.00.09-0.850.460.130.060.640.130.550.990.49-0.850.13-0.05
0.860.310.810.90.750.59-0.34-0.870.180.510.790.510.05-0.820.880.830.860.880.880.930.581.0-0.82-0.760.81
0.410.060.920.940.210.040.27-0.72-0.12-0.080.79-0.080.01-0.330.620.880.950.510.930.670.00.8-0.33-0.950.98
0.80.16-0.020.110.920.89-0.96-0.310.581.00.51-0.080.09-0.850.460.130.060.640.130.550.990.49-0.850.13-0.05
0.1-0.11-0.11-0.050.170.34-0.150.220.390.090.050.010.09-0.18-0.07-0.17-0.15-0.02-0.140.230.080.04-0.180.07-0.03
-0.97-0.36-0.38-0.51-0.97-0.860.780.67-0.47-0.85-0.82-0.33-0.85-0.18-0.77-0.47-0.44-0.91-0.5-0.8-0.89-0.821.00.34-0.34
0.860.490.640.720.710.58-0.38-0.920.090.460.880.620.46-0.07-0.770.770.740.960.780.80.550.87-0.77-0.650.63
0.560.220.760.840.350.140.04-0.890.10.130.830.880.13-0.17-0.470.770.940.680.990.630.210.84-0.47-0.90.88
0.540.210.930.960.330.160.13-0.85-0.10.060.860.950.06-0.15-0.440.740.940.640.980.740.150.87-0.44-0.930.97
0.960.470.540.650.860.7-0.58-0.870.270.640.880.510.64-0.02-0.910.960.680.640.690.80.720.88-0.91-0.550.52
0.580.220.860.920.380.180.05-0.890.030.130.880.930.13-0.14-0.50.780.990.980.690.710.210.89-0.5-0.930.94
0.830.230.750.820.780.74-0.4-0.710.080.550.930.670.550.23-0.80.80.630.740.80.710.610.92-0.8-0.580.72
0.860.180.050.190.950.9-0.95-0.40.570.990.580.00.990.08-0.890.550.210.150.720.210.610.57-0.890.050.03
0.850.310.810.90.730.57-0.33-0.880.180.491.00.80.490.04-0.820.870.840.870.880.890.920.57-0.82-0.780.82
-0.97-0.36-0.38-0.51-0.97-0.860.780.67-0.47-0.85-0.82-0.33-0.85-0.181.0-0.77-0.47-0.44-0.91-0.5-0.8-0.89-0.820.34-0.34
-0.4-0.27-0.88-0.9-0.170.03-0.290.810.130.13-0.76-0.950.130.070.34-0.65-0.9-0.93-0.55-0.93-0.580.05-0.780.34-0.93
0.430.10.950.970.230.080.25-0.73-0.15-0.050.810.98-0.05-0.03-0.340.630.880.970.520.940.720.030.82-0.34-0.93
Click cells to compare fundamentals

Anterix Account Relationship Matchups

Anterix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets267.4M253.1M278.0M278.6M320.3M224.3M
Other Current Liab5.8M5.9M120K26.7M30.6M32.2M
Total Current Liabilities8.8M8.6M9.6M31.9M36.7M38.5M
Total Stockholder Equity245.1M212.5M186.3M179.8M206.8M190.4M
Property Plant And Equipment Net13.5M8.7M7.0M7.0M8.0M9.5M
Net Debt(128.7M)(110.5M)(99.9M)(38.5M)(34.7M)(36.4M)
Retained Earnings(205.9M)(260.3M)(313.8M)(338.4M)(304.5M)(289.3M)
Accounts Payable645K500K6.5M755K868.3K824.8K
Cash137.5M117.5M105.6M43.2M49.7M97.6M
Non Current Assets Total125.2M132.0M162.3M219.1M252.0M264.6M
Non Currrent Assets Other(2.9M)1.2M4.1M10.1M11.6M12.2M
Cash And Short Term Investments137.5M117.5M105.6M43.2M49.7M97.6M
Net Receivables61K4K238K418K376.2K314.0K
Common Stock Shares Outstanding16.4M17.4M18.1M18.8M21.7M15.7M
Liabilities And Stockholders Equity267.4M253.1M278.0M278.6M320.3M224.3M
Non Current Liabilities Total13.5M31.9M82.1M66.9M76.9M80.7M
Other Current Assets4.6M3.5M10.1M16.3M18.7M19.7M
Other Stockholder Equity451.0M472.9M500.1M518.2M595.9M356.2M
Total Liab22.3M40.5M91.7M98.8M113.6M119.3M
Property Plant And Equipment Gross13.5M8.7M7.0M18.6M21.4M22.5M
Total Current Assets142.2M121.1M115.8M59.5M68.4M102.0M
Intangible Assets111.5M122.1M151.2M202.0M232.4M244.0M
Net Tangible Assets133.5M90.4M35.1M(22.3M)(20.0M)(19.0M)
Current Deferred Revenue733K737K1.5M2.8M3.2M3.3M
Other Assets845K180K1.2M4.1M4.7M5.0M
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 Other10.4M28.7M77.9M61.4M70.6M74.2M
Net Invested Capital245.1M212.5M186.3M179.8M161.8M160.9M
Net Working Capital133.3M112.4M106.1M27.6M24.8M23.6M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Anterix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Anterix's short interest history, or implied volatility extrapolated from Anterix options trading.

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

  0.66AMX America Movil SABPairCorr

Moving against Anterix Stock

  0.45VZ Verizon Communications Financial Report 23rd of July 2024 PairCorr
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 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 tightly coupled 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.
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.