Ix Acquisition Corp Stock Return On Equity
IX Acquisition Corp fundamentals help investors to digest information that contributes to IX Acquisition's financial success or failures. It also enables traders to predict the movement of IXAQU Stock. The fundamental analysis module provides a way to measure IX Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IX Acquisition stock.
IXAQU |
IX Acquisition Corp Company Return On Equity Analysis
IX Acquisition's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, IX Acquisition Corp has a Return On Equity of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
IXAQU Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IX Acquisition's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IX Acquisition could also be used in its relative valuation, which is a method of valuing IX Acquisition by comparing valuation metrics of similar companies.IX Acquisition is currently under evaluation in return on equity category among its peers.
IXAQU Fundamentals
| Return On Asset | -0.0328 | ||||
| Current Valuation | 101.18 M | ||||
| Shares Owned By Institutions | 0.01 % | ||||
| Number Of Shares Shorted | 457 | ||||
| Price To Earning | 11.72 X | ||||
| EBITDA | 5.06 M | ||||
| Net Income | 4.02 M | ||||
| Cash And Equivalents | 296.46 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.89 M | ||||
| Current Ratio | 0.83 X | ||||
| Book Value Per Share | (1.46) X | ||||
| Cash Flow From Operations | (605.73 K) | ||||
| Earnings Per Share | 0.85 X | ||||
| Beta | -0.025 | ||||
| Total Asset | 31.49 M | ||||
| Retained Earnings | (11.28 M) | ||||
| Working Capital | (3.09 M) | ||||
| Net Asset | 31.49 M |
Thematic Opportunities
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in IXAQU Stock
If you are still planning to invest in IX Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the IX Acquisition's history and understand the potential risks before investing.
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