IX Acquisition Financials

IXAQ Stock  USD 11.55  0.05  0.43%   
Based on the analysis of IX Acquisition's profitability, liquidity, and operating efficiency, IX Acquisition Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Key indicators impacting IX Acquisition's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06750.1276
Way Down
Slightly volatile
Return On Equity0.190.1833
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.0690.0776
Fairly Down
Slightly volatile
Current Ratio0.01640.0173
Notably Down
Slightly volatile
The financial analysis of IX Acquisition is a critical element in measuring its lifeblood. Investors should not minimize IX Acquisition's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

3.82 Million

  
Understanding current and past IX Acquisition Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IX Acquisition's financial statements are interrelated, with each one affecting the others. For example, an increase in IX Acquisition's assets may result in an increase in income on the income statement.

IX Acquisition Stock Summary

IX Acquisition competes with Thunder Bridge, Welsbach Technology, and BurTech Acquisition. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in London, United Kingdom. Ix Acquisition is traded on NASDAQ Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINKYG5000D1034
Business Address53 Davies Street,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.ixacq.com
Phone44 20 3983 0450
CurrencyUSD - US Dollar

IX Acquisition Key Financial Ratios

IXAQ Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IX Acquisition's current stock value. Our valuation model uses many indicators to compare IX Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IX Acquisition competition to find correlations between indicators driving IX Acquisition's intrinsic value. More Info.
IX Acquisition Corp is rated below average in return on asset category among its peers. It is rated fourth overall in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value IX Acquisition by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

IX Acquisition Corp Systematic Risk

IX Acquisition's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IX Acquisition volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on IX Acquisition Corp correlated with the market. If Beta is less than 0 IX Acquisition generally moves in the opposite direction as compared to the market. If IX Acquisition Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IX Acquisition Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IX Acquisition is generally in the same direction as the market. If Beta > 1 IX Acquisition moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as IX Acquisition is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of IXAQ has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if IX Acquisition's financials are consistent with your investment objective using the following steps:
  • Review IX Acquisition's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand IX Acquisition's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare IX Acquisition's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if IX Acquisition's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

IX Acquisition November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of IX Acquisition help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IX Acquisition Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of IX Acquisition Corp based on widely used predictive technical indicators. In general, we focus on analyzing IXAQ Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IX Acquisition's daily price indicators and compare them against related drivers.

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.