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CONX (CONX) Debt-to-Asset : 0.10 (As of Dec. 2023)


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What is CONX Debt-to-Asset?

CONX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.11 Mil. CONX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. CONX's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $21.98 Mil. CONX's debt to asset for the quarter that ended in Dec. 2023 was 0.10.

CONX Debt-to-Asset Historical Data

The historical data trend for CONX's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CONX Debt-to-Asset Chart

CONX Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
- - - 0.10

CONX Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.06 0.07 0.10

Competitive Comparison of CONX's Debt-to-Asset

For the Shell Companies subindustry, CONX's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CONX's Debt-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CONX's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CONX's Debt-to-Asset falls into.


CONX Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CONX's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.108 + 0) / 21.983
=0.10

CONX's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.108 + 0) / 21.983
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CONX  (NAS:CONX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

CONX Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of CONX's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

CONX (CONX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CONX Corp (NAS:CONX) » Definitions » Debt-to-Asset
Comparable Companies
CFIV BOAC BFAC VADP PRPC MNTN ISRL APCA PHYT CFFS PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
CONXU:USA
Address
5701 South Santa Fe Drive, Littleton, CO, USA, 80120
Website
CONX Corp is a blank check company.
Executives
David K Moskowitz director C/O CONX CORP., 5701 S. SANTA FE DR., LITTLETON CO 80120
Adrian Steckel director 5701 S. SANTA FE DR., LITTLETON CO 80120
Charles W Ergen director, 10 percent owner, officer: Chairman 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Gerald Gorman director 5701 S. SANTA FE DR., LITTLETON CO 80120
Nxgen Opportunities, Llc 10 percent owner 5701 S. SANTA FE DR., LITTLETON CO 80120
Kyle Jason Kiser director, officer: CEO, President & Director 5701 S. SANTA FE DR., LITTLETON CO 80120