CONX Corp (CONX) - Total Assets
Based on the latest financial reports, CONX Corp (CONX) holds total assets worth $22.54 Million USD as of March 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net asset quality index of CONX Corp to measure how much of total assets are equity-financed.
CONX Corp - Total Assets Trend (2020–2023)
This chart illustrates how CONX Corp's total assets have evolved over time, based on quarterly financial data. Check CONX cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
CONX Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
CONX Corp's total assets of $22.54 Million consist of 0.1% current assets and 99.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how CONX Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see CONX Corp (CONX) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CONX Corp's current assets represent 0.1% of total assets in 2023, a decrease from 0.2% in 2020.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 0.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
CONX Corp Competitors by Total Assets
Key competitors of CONX Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Churchill Capital Corp XI
NASDAQ:CCXI
|
USA | $415.91 Million |
|
Alussa Energy Acquisition Corp. II
NYSE:ALUB
|
USA | $292.38 Million |
|
Artius II Acquisition Inc. Units
NASDAQ:AACBU
|
USA | $230.30 Million |
|
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NYSE:LION
|
USA | $5.33 Billion |
|
Cantor Equity Partners III, Inc. Class A Ordinary Shares
NASDAQ:CAEP
|
USA | $284.57 Million |
|
Meshflow Acquisition Corp. Class A Ordinary Shares
NASDAQ:MESH
|
USA | $349.86 Million |
|
KRAKacquisition Corp Class A Ordinary Shares
NASDAQ:KRAQ
|
USA | $347.95 Million |
|
Insight Digital Partners II Class A Ordinary Shares
NASDAQ:DYOR
|
USA | $176.28 Million |
CONX Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.06 | 0.53 | 0.13 |
| Quick Ratio | 0.06 | 0.53 | 0.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.04 Million | $-1.08 Million | $-163.53K |
CONX Corp - Advanced Valuation Insights
This section examines the relationship between CONX Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.41 |
| Latest Market Cap to Assets Ratio | 0.65 |
| Asset Growth Rate (YoY) | -74.3% |
| Total Assets | $21.98 Million |
| Market Capitalization | $14.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values CONX Corp's assets below their book value (0.65x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: CONX Corp's assets decreased by 74.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for CONX Corp (2020–2023)
The table below shows the annual total assets of CONX Corp from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $21.98 Million | -74.34% |
| 2022-12-31 | $85.66 Million | -88.59% |
| 2021-12-31 | $750.90 Million | -0.05% |
| 2020-12-31 | $751.24 Million | -- |
About CONX Corp
CONX Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. The company was incorporated in 2020 and is based in Littleton, Colorado.