CONX (CNXXW) Quick Ratio: 29.10 (As of Sep. 2025) — 697% Above Median

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CNXXW CONX Corp CNXXW
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What is CONX Quick Ratio?

CONX CNXXW 20 Quick Ratio is 29.10 as of Sep. 2025, which is 697% above its 10-year median of 3.65. GuruFocus rates CNXXW with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 1,796 Real Estate companies, CONX ranks better than 98.16% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. CONX's quick ratio for the quarter that ended in Sep. 2025 was 29.10.

CONX has a quick ratio of 29.10. It generally indicates good short-term financial strength.

The historical rank and industry rank for CONX's Quick Ratio or its related term are showing as below:

CNXXW' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 3.65   Max: 87.24
Current: 29.1

During the past 5 years, CONX's highest Quick Ratio was 87.24. The lowest was 0.01. And the median was 3.65.

CNXXW's Quick Ratio is ranked better than
98.16% of 1796 companies
in the Real Estate industry
Industry Median: 0.83 vs CNXXW: 29.10

CONX  (OTCPK:CNXXW) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


CONX Quick Ratio Related Terms


CONX Quick Ratio Historical Data

* Premium members only.

The historical data trend for CONX's Quick Ratio 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.

CONX Quick Ratio Chart

CONX Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
8.91 2.76 0.66 0.00 87.24

CONX Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.85 87.24 31.07 29.94 29.10

CNXXW vs CPTP, SRG, STHO: Quick Ratio Comparison

For the Real Estate Services subindustry, CONX's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CONX's Quick Ratio distribution charts can be found below:

* The bar in red indicates where CONX's Quick Ratio falls into.


CNXXW
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CONX Corp CNXXW
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CONX Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

CONX's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(120.565-0)/1.382
=87.24

CONX's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(123.615-0)/4.248
=29.10

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 29.10 mean?
CONX (CNXXW) has a Quick Ratio of 29.10 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CONX and its competitors. This is 697% above median its historical median of 3.65. Over the past decade, CONX's Quick Ratio has ranged from 0.01 to 87.24. According to the industry distribution chart, CONX ranks #33 out of 1796 companies in the Real Estate industry, placing it in the top 1.8%.
Is CONX's Quick Ratio too high?
CONX's current Quick Ratio of 29.10 is 697% above median its 10-year median of 3.65. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 87.24. The Real Estate industry median Quick Ratio is 0.83. CONX's value of 29.10 is 3406% above this industry median. Based on the distribution chart, CONX ranks #33 out of 1796 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, CONX has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does CONX's Quick Ratio compare to CPTP and SRG?
According to the Real Estate industry distribution chart, CONX ranks #33 out of 1796 companies for Quick Ratio. This places CONX in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.83. CONX's value of 29.10 is 3406% above this benchmark. Historically, CONX's own Quick Ratio has ranged from 0.01 to 87.24 over the past decade. While the company's 10-year median is 3.65 vs. the industry median of 0.83, CONX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Real Estate company?
The median Quick Ratio among Real Estate companies is 0.83, based on 1,796 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CONX's current Quick Ratio of 29.10 is 3406% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CONX and its competitors. For the Real Estate industry, the median Quick Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CONX's current Quick Ratio is 29.10, which is 697% above median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CONX stock overvalued right now?
CONX (CNXXW) has a current Quick Ratio of 29.10. The current Quick Ratio is 29.10, which is 697% above median its 10-year median of 3.65 and 3406% above the Real Estate industry median of 0.83. CONX's overall GF Score™ is 20/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For CONX (CNXXW), the current Quick Ratio is 29.10 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CONX Business Description

Other Exchanges CNXX:USA
Address 5701 South Santa Fe Drive, Littleton, CO, USA, 80120
CONX Corp is a company seeking opportunities to power the next generation of innovators in communications and connectivity. The company operates through two reportable business segments: i) Technology and Telecommunications, which includes spectrum-sharing technologies and related services; and (ii) Infrastructure and Real Estate, which includes the operation of its commercial property in Littleton, Colorado. The company derives the majority of its revenues prominently from rent received from its operation of real estate property in North America.
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