IXAQ Operating Income vs Ebitda Analysis

IXAQ Stock

USD 11.80 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 Operating Income and its Ebitda 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 closely tied with the direction of predictive economic indicators such as signals in nation.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IX Acquisition Corp Operating Income account and Ebitda. At this time, the significance of the direction appears to have weak relationship.

The correlation between IX Acquisition's Operating Income and Ebitda is 0.32. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda 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 Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of IX Acquisition Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., IX Acquisition's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from IX Acquisition Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of IX Acquisition Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

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 closely tied with the direction of predictive economic indicators such as signals in nation.

As of 11/10/2024, Enterprise Value Over EBITDA is likely to grow to 35.92. Also, Enterprise Value Multiple is likely to grow to 35.92

	2010	2022	2023	2024 (projected)
Income Before Tax	9.3M	9.3M	4.0M	6.0M
Total Operating Expenses	615.8K	1.4M	706.6K	1.0M

Income Before Tax Total Operating Expenses

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

Pair Trading with IX Acquisition

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IX Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IX Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving together with IXAQ Stock

0.79	DIST	Distoken Acquisition	Pair Corr
0.85	AB	AllianceBernstein	Pair Corr
0.84	AC	Associated Capital	Pair Corr
0.82	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr

Moving against IXAQ Stock

0.79	RC	Ready Capital Corp	Pair Corr
0.6	WU	Western Union Sell-off Trend	Pair Corr
0.55	XP	Xp Inc	Pair Corr
0.53	DMYY	dMY Squared Technology	Pair Corr
0.47	PT	Pintec Technology	Pair Corr

The ability to find closely correlated positions to IX Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IX Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IX Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IX Acquisition Corp to buy it.

The correlation of IX Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IX Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IX Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for IX Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for IXAQ Stock Analysis

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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