IXAQ Net Income vs Income Before Tax 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 Net Income and its Income Before Tax 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.
Net Income vs Income Before Tax
Net Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IX Acquisition Corp Net Income account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between IX Acquisition's Net Income and Income Before Tax is 0.6. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax 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 Net Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of IX Acquisition Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., IX Acquisition's Net Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in IX Acquisition Corp financial statement analysis. It represents the amount of money remaining after all of IX Acquisition Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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.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.