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CONX (CNXX) Market Cap : $114.17 Mil (As of May. 11, 2024)


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What is CONX Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). CONX's share price for the quarter that ended in Dec. 2023 was $10.7. CONX's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 20.87 Mil. Therefore, CONX's market cap for the quarter that ended in Dec. 2023 was $223.31 Mil.

CONX's quarterly market cap increased from Jun. 2023 ($221.23 Mil) to Sep. 2023 ($223.59 Mil) but then declined from Sep. 2023 ($223.59 Mil) to Dec. 2023 ($223.31 Mil).

CONX's annual market cap declined from Dec. 2021 ($920.92 Mil) to Dec. 2022 ($270.20 Mil) and declined from Dec. 2022 ($270.20 Mil) to Dec. 2023 ($223.31 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. CONX's Enterprise Value for Today is $64.71 Mil.


CONX Market Cap Historical Data

The historical data trend for CONX's Market Cap 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 Market Cap Chart

CONX Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
959.16 920.92 270.20 223.31

CONX Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 270.20 275.35 221.23 223.59 223.31

Competitive Comparison of CONX's Market Cap

For the Shell Companies subindustry, CONX's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CONX's Market Cap distribution charts can be found below:

* The bar in red indicates where CONX's Market Cap falls into.



CONX Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

CONX's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$10.7*20.8703
=$223.31

CONX's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$10.7*20.8703
=$223.31

* 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  (OTCPK:CNXX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


CONX Market Cap Related Terms

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CONX (CNXX) Business Description

Traded in Other Exchanges
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