IX Acquisition Corp (IXAQ) - Total Assets
Based on the latest financial reports, IX Acquisition Corp (IXAQ) holds total assets worth $19.29 Million USD as of March 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See IXAQ net asset quality index to measure how much of total assets are equity-financed.
IX Acquisition Corp - Total Assets Trend (2021–2024)
This chart illustrates how IX Acquisition Corp's total assets have evolved over time, based on quarterly financial data. Check IXAQ cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
IX Acquisition Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
IX Acquisition Corp's total assets of $19.29 Million consist of 0.2% current assets and 99.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $13.88K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how IX Acquisition Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see IXAQ company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: IX Acquisition Corp's current assets represent 0.2% of total assets in 2024, a decrease from 0.4% in 2021.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 0.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
IX Acquisition Corp Competitors by Total Assets
Key competitors of IX Acquisition Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Churchill Capital Corp XI
NASDAQ:CCXI
|
USA | $415.91 Million |
|
Alussa Energy Acquisition Corp. II
NYSE:ALUB
|
USA | $292.38 Million |
|
Artius II Acquisition Inc. Units
NASDAQ:AACBU
|
USA | $230.30 Million |
|
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NYSE:LION
|
USA | $5.33 Billion |
|
Cantor Equity Partners III, Inc. Class A Ordinary Shares
NASDAQ:CAEP
|
USA | $284.57 Million |
|
Meshflow Acquisition Corp. Class A Ordinary Shares
NASDAQ:MESH
|
USA | $349.86 Million |
|
KRAKacquisition Corp Class A Ordinary Shares
NASDAQ:KRAQ
|
USA | $347.95 Million |
|
Insight Digital Partners II Class A Ordinary Shares
NASDAQ:DYOR
|
USA | $176.28 Million |
IX Acquisition Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.00 | 0.00 |
| Quick Ratio | 0.01 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.86 Million | $-4.12 Million | $-90.42K |
IX Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between IX Acquisition Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 15.81 |
| Latest Market Cap to Assets Ratio | 4.33 |
| Asset Growth Rate (YoY) | -39.7% |
| Total Assets | $18.99 Million |
| Market Capitalization | $82.25 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values IX Acquisition Corp's assets at a significant premium (4.33x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: IX Acquisition Corp's assets decreased by 39.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for IX Acquisition Corp (2021–2024)
The table below shows the annual total assets of IX Acquisition Corp from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $18.99 Million | -39.69% |
| 2023-12-31 | $31.49 Million | -86.58% |
| 2022-12-31 | $234.67 Million | +1.04% |
| 2021-12-31 | $232.25 Million | -- |
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