IX Acquisition Corp Cash Flow Conversion Efficiency
IX Acquisition Corp cash flow conversion efficiency. Based on the latest financial reports, IX Acquisition Corp (IXAQ) has a cash flow conversion efficiency ratio of -0.043x as of March 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-240.78K) by net assets ($5.59 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of IX Acquisition Corp (2021–2024)
Cash flow conversion efficiency of IX Acquisition Corp from 2021 to 2024. This chart illustrates how IX Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View IXAQ stock price for real-time trading data and today's change.
IX Acquisition Corp Cash Flow Conversion Ratio Explained
IX Acquisition Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
IX Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of IX Acquisition Corp ranked by their cash flow conversion efficiency. Also see how much is IX Acquisition Corp worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Southern Concrete Pile PCL
BK:SCP
|
0.036x |
|
C-Rad AB (publ)
ST:CRAD-B
|
0.205x |
|
Micropolis Holding Company
NYSE:MCRP
|
0.063x |
|
Hipages Group Holdings Ltd
AU:HPG
|
0.304x |
|
Choppies Enterprises Ltd
JSE:CHP
|
0.880x |
|
Lumi Gruppen AS
OL:LUMI
|
0.171x |
|
Ten Ren Tea Co Ltd
TW:1233
|
0.050x |
|
Ionic Rare EARTHS Ltd
AU:IXR
|
-0.086x |
Annual Cash Flow Conversion Efficiency for IX Acquisition Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of IX Acquisition Corp from 2021 to 2024. Review how financially flexible is IX Acquisition Corp to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $5.34 Million | $-1.39 Million | -0.261x | -843.31% |
| 2023-12-31 | $21.93 Million | $-605.73K | -0.028x | -993.70% |
| 2022-12-31 | $221.17 Million | $-558.68K | -0.003x | +24.67% |
| 2021-12-31 | $211.87 Million | $-710.47K | -0.003x | -- |
About IX Acquisition Corp
IX Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on companies in the technology, media and telecommunications, and information and communication technology industries. The company was incorporated in 2021 and i… Read more