IXAQ Interest Income vs Total Operating Expenses 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 Income and its Total Operating Expenses 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 Income vs Total Operating Expenses
Interest Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IX Acquisition Corp Interest Income account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between IX Acquisition's Interest Income and Total Operating Expenses is -0.56. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Operating Expenses 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 Income and Total Operating Expenses 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 Income of IX Acquisition Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Interest Income i.e., IX Acquisition's Interest Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.56 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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.