IXAQ Non Operating Income Net Other vs Interest Expense Analysis
| IXAQ Stock | USD 11.35 0.00 0.00% |
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 Non Operating Income Net Other and its Interest Expense 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.
Non Operating Income Net Other vs Interest Expense
Non Operating Income Net Other vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IX Acquisition Corp Non Operating Income Net Other account and Interest Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between IX Acquisition's Non Operating Income Net Other and Interest Expense is -0.78. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Interest Expense 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 Non Operating Income Net Other and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of IX Acquisition Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Non Operating Income Net Other i.e., IX Acquisition's Non Operating Income Net Other and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.78 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Non Operating Income Net Other
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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 05/29/2024, 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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Try AI Portfolio ArchitectCheck 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. Note that the IX Acquisition Corp information on this page should be used as a complementary analysis to other IX Acquisition's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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.
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Is IX Acquisition's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IX Acquisition. If investors know IXAQ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IX Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.39) | Earnings Share 0.13 | Return On Assets (0.01) |
The market value of IX Acquisition Corp is measured differently than its book value, which is the value of IXAQ that is recorded on the company's balance sheet. Investors also form their own opinion of IX Acquisition's value that differs from its market value or its book value, called intrinsic value, which is IX Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IX Acquisition's market value can be influenced by many factors that don't directly affect IX Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IX Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if IX Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IX Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.