IXAQ Interest Expense vs Net Income From Continuing Ops 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 Interest Expense and its Net Income From Continuing Ops 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.

Interest Expense vs Net Income From Continuing Ops

Interest Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IX Acquisition Corp Interest Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.

The correlation between IX Acquisition's Interest Expense and Net Income From Continuing Ops is -0.94. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income From Continuing Ops 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 Interest Expense and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of IX Acquisition Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Interest Expense i.e., IX Acquisition's Interest Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income From Continuing Ops

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

Other Operating Expenses Interest Expense

IX Acquisition fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock
Total Assets		-0.82	-0.9	1.0	0.95	-0.83	-0.99	-0.85	0.81	0.81	1.0	-0.06	1.0	0.81	0.94	0.98	0.88	0.94	0.99	-0.83	0.87	1.0	0.87	1.0	0.97	1.0
Other Current Liab	-0.82		0.93	-0.8	-0.77	0.98	0.89	0.99	-0.35	-0.98	-0.82	0.6	-0.82	-0.98	-0.71	-0.84	-0.99	-0.71	-0.89	0.98	-0.99	-0.8	-0.98	-0.82	-0.94	-0.82
Total Current Liabilities	-0.9	0.93		-0.9	-0.77	0.86	0.92	0.9	-0.61	-0.86	-0.9	0.28	-0.9	-0.86	-0.73	-0.96	-0.95	-0.73	-0.93	0.86	-0.93	-0.9	-0.9	-0.9	-0.94	-0.9
Total Stockholder Equity	1.0	-0.8	-0.9		0.95	-0.81	-0.98	-0.83	0.83	0.79	1.0	-0.04	1.0	0.79	0.94	0.98	0.87	0.94	0.98	-0.81	0.86	1.0	0.86	1.0	0.96	1.0
Other Liab	0.95	-0.77	-0.77	0.95		-0.84	-0.96	-0.84	0.73	0.82	0.95	-0.14	0.95	0.82	1.0	0.88	0.82	1.0	0.95	-0.84	0.84	0.95	0.87	0.95	0.93	0.95
Net Tangible Assets	-0.83	0.98	0.86	-0.81	-0.84		0.91	1.0	-0.34	-1.0	-0.82	0.62	-0.82	-1.0	-0.79	-0.81	-0.97	-0.79	-0.9	1.0	-0.99	-0.81	-1.0	-0.82	-0.94	-0.82
Net Debt	-0.99	0.89	0.92	-0.98	-0.96	0.91		0.92	-0.71	-0.89	-0.99	0.23	-0.99	-0.89	-0.94	-0.97	-0.94	-0.94	-1.0	0.91	-0.94	-0.98	-0.94	-0.99	-0.99	-0.99
Retained Earnings	-0.85	0.99	0.9	-0.83	-0.84	1.0	0.92		-0.38	-1.0	-0.85	0.58	-0.85	-1.0	-0.79	-0.84	-0.99	-0.79	-0.92	1.0	-1.0	-0.83	-1.0	-0.85	-0.96	-0.85
Accounts Payable	0.81	-0.35	-0.61	0.83	0.73	-0.34	-0.71	-0.38		0.31	0.82	0.53	0.81	0.31	0.76	0.79	0.45	0.76	0.71	-0.35	0.43	0.83	0.43	0.82	0.63	0.82
Cash	0.81	-0.98	-0.86	0.79	0.82	-1.0	-0.89	-1.0	0.31		0.8	-0.64	0.8	1.0	0.76	0.8	0.97	0.76	0.89	-1.0	0.99	0.79	0.99	0.8	0.93	0.8
Non Current Assets Total	1.0	-0.82	-0.9	1.0	0.95	-0.82	-0.99	-0.85	0.82	0.8		-0.06	1.0	0.8	0.94	0.98	0.88	0.94	0.99	-0.83	0.87	1.0	0.87	1.0	0.96	1.0
Non Currrent Assets Other	-0.06	0.6	0.28	-0.04	-0.14	0.62	0.23	0.58	0.53	-0.64	-0.06		-0.06	-0.64	-0.07	-0.07	-0.5	-0.07	-0.22	0.61	-0.54	-0.04	-0.54	-0.06	-0.32	-0.06
Other Assets	1.0	-0.82	-0.9	1.0	0.95	-0.82	-0.99	-0.85	0.81	0.8	1.0	-0.06		0.8	0.94	0.98	0.88	0.94	0.99	-0.83	0.87	1.0	0.87	1.0	0.97	1.0
Cash And Short Term Investments	0.81	-0.98	-0.86	0.79	0.82	-1.0	-0.89	-1.0	0.31	1.0	0.8	-0.64	0.8		0.76	0.8	0.97	0.76	0.89	-1.0	0.99	0.79	0.99	0.8	0.93	0.8
Net Receivables	0.94	-0.71	-0.73	0.94	1.0	-0.79	-0.94	-0.79	0.76	0.76	0.94	-0.07	0.94	0.76		0.86	0.77	1.0	0.93	-0.79	0.79	0.94	0.83	0.94	0.9	0.94
Common Stock Shares Outstanding	0.98	-0.84	-0.96	0.98	0.88	-0.81	-0.97	-0.84	0.79	0.8	0.98	-0.07	0.98	0.8	0.86		0.9	0.86	0.97	-0.81	0.88	0.98	0.86	0.98	0.95	0.98
Non Current Liabilities Total	0.88	-0.99	-0.95	0.87	0.82	-0.97	-0.94	-0.99	0.45	0.97	0.88	-0.5	0.88	0.97	0.77	0.9		0.77	0.94	-0.97	1.0	0.87	0.98	0.88	0.97	0.88
Inventory	0.94	-0.71	-0.73	0.94	1.0	-0.79	-0.94	-0.79	0.76	0.76	0.94	-0.07	0.94	0.76	1.0	0.86	0.77		0.93	-0.79	0.79	0.94	0.83	0.94	0.9	0.94
Other Current Assets	0.99	-0.89	-0.93	0.98	0.95	-0.9	-1.0	-0.92	0.71	0.89	0.99	-0.22	0.99	0.89	0.93	0.97	0.94	0.93		-0.9	0.93	0.98	0.94	0.99	0.99	0.99
Other Stockholder Equity	-0.83	0.98	0.86	-0.81	-0.84	1.0	0.91	1.0	-0.35	-1.0	-0.83	0.61	-0.83	-1.0	-0.79	-0.81	-0.97	-0.79	-0.9		-0.99	-0.81	-1.0	-0.83	-0.94	-0.83
Total Liab	0.87	-0.99	-0.93	0.86	0.84	-0.99	-0.94	-1.0	0.43	0.99	0.87	-0.54	0.87	0.99	0.79	0.88	1.0	0.79	0.93	-0.99		0.86	0.99	0.87	0.97	0.87
Net Invested Capital	1.0	-0.8	-0.9	1.0	0.95	-0.81	-0.98	-0.83	0.83	0.79	1.0	-0.04	1.0	0.79	0.94	0.98	0.87	0.94	0.98	-0.81	0.86		0.86	1.0	0.96	1.0
Total Current Assets	0.87	-0.98	-0.9	0.86	0.87	-1.0	-0.94	-1.0	0.43	0.99	0.87	-0.54	0.87	0.99	0.83	0.86	0.98	0.83	0.94	-1.0	0.99	0.86		0.87	0.97	0.87
Capital Stock	1.0	-0.82	-0.9	1.0	0.95	-0.82	-0.99	-0.85	0.82	0.8	1.0	-0.06	1.0	0.8	0.94	0.98	0.88	0.94	0.99	-0.83	0.87	1.0	0.87		0.96	1.0
Net Working Capital	0.97	-0.94	-0.94	0.96	0.93	-0.94	-0.99	-0.96	0.63	0.93	0.96	-0.32	0.97	0.93	0.9	0.95	0.97	0.9	0.99	-0.94	0.97	0.96	0.97	0.96		0.96
Common Stock	1.0	-0.82	-0.9	1.0	0.95	-0.82	-0.99	-0.85	0.82	0.8	1.0	-0.06	1.0	0.8	0.94	0.98	0.88	0.94	0.99	-0.83	0.87	1.0	0.87	1.0	0.96

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IX Acquisition Account Relationship Matchups

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IXAQ Interest Expense vs Net Income From Continuing Ops Analysis

Interest Expense vs Net Income From Continuing Ops

Interest Expense vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Interest Expense

Net Income From Continuing Ops

IX Acquisition fundamental ratios Correlations

IX Acquisition Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for IXAQ Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Other Assets	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets

Total Current Assets	- 1.0	Other Stockholder Equity
Other Stockholder Equity	- 1.0	Cash And Short Term Investments
Other Stockholder Equity	- 1.0	Cash
Total Current Assets	- 1.0	Retained Earnings
Total Liab	- 1.0	Retained Earnings
Cash And Short Term Investments	- 1.0	Retained Earnings