IXAQ Income Before Tax vs Gross Profit Analysis
| IXAQ Stock | USD 11.36 0.01 0.09% |
IX Acquisition financial indicator trend analysis is infinitely more than just investigating IX Acquisition Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IX Acquisition Corp is a good investment. Please check the relationship between IX Acquisition Income Before Tax and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IX Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Income Before Tax vs Gross Profit
Income Before Tax vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IX Acquisition Corp Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between IX Acquisition's Income Before Tax and Gross Profit is -1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of IX Acquisition Corp, assuming nothing else is changed. The correlation between historical values of IX Acquisition's Income Before Tax and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of IX Acquisition Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., IX Acquisition's Income Before Tax and Gross Profit go up and down completely randomly.
Correlation Coefficient | -1.0 |
| Relationship Direction | Negative |
| Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on IX Acquisition income statement and is an important metric when analyzing IX Acquisition Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Gross Profit
Gross profit is a required income statement account that reflects total revenue of IX Acquisition Corp minus its cost of goods sold. It is profit before IX Acquisition operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from IX Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IX Acquisition Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IX Acquisition Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. As of 06/04/2024, Enterprise Value Over EBITDA is likely to drop to -174.24. In addition to that, Enterprise Value Multiple is likely to drop to -174.24
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 615.8K | 1.4M | 1.0M | 1.1M | Interest Expense | 10.0M | 10.7M | 12.3M | 11.4M |
IX Acquisition fundamental ratios Correlations
Click cells to compare fundamentals
IX Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running IX Acquisition's price analysis, check to measure IX Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IX Acquisition is operating at the current time. Most of IX Acquisition's value examination focuses on studying past and present price action to predict the probability of IX Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IX Acquisition's price. Additionally, you may evaluate how the addition of IX Acquisition to your portfolios can decrease your overall portfolio volatility.