CONX Corp (CONX) — Net Asset Quality Index

Latest as of March 2024: -69.6%

CONX Corp (CONX) has a Net Asset Quality Index of -69.6% as of March 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $22.54 Million minus total liabilities of $38.23 Million yields net assets of $-15.69 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of CONX Corp to evaluate the company's liquid asset resilience ratio.

Quality Index

-69.6%
Equity / Total Assets

Net Assets

$-15.69 Million
USD

Total Assets

$22.54 Million
USD

Total Liabilities

$38.23 Million
USD

CONX Corp Net Asset Quality Index Over Time (2020–2023)

This chart shows how CONX Corp's Net Asset Quality Index has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the index stands at -69.6%, representing net assets of $-15.69 Million against total assets of $22.54 Million USD. See working capital to net assets of CONX Corp to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for CONX Corp (2020–2023)

The table below presents the year-by-year Net Asset Quality Index for CONX Corp from 2020 to 2023, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see CONX company net worth.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2023 -82.2% $-18.06 Million $21.98 Million $40.05 Million ▼ -143.4 pp
2022 61.3% $52.49 Million $85.66 Million $33.17 Million ▼ -31.7 pp
2021 93.0% $698.21 Million $750.90 Million $52.70 Million ▼ -3.5 pp
2020 96.5% $724.58 Million $751.24 Million $26.66 Million
pp = percentage points