Anterix Inc. — Earnings Quality Grade D
ATEX · Communication Services
Significant concerns
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
Insufficient data
Insufficient data
Revenue grew 43.9% but CFFO declined -169.7%
Small-cap context: Small-cap revenue/CFFO ratio is sensitive to growth-stage working-capital draws.
Expense Quality
No material inventory
CapEx growth 4.9% vs revenue 43.9%. Normal
Insufficient data
Gross margin 100.0%, change +0.5pp. Stable
Cash Flow Quality
CFFO/NI = 2.57. Profits backed by cash
FCF is negative ($-0.0B)
Accruals ratio = 5.4%. Elevated
Cash $0.0B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 146% of equity. Over 50%
Debt/EBITDA = -0.1x. Healthy
Other assets -6.6% vs revenue 43.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 6% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25