IX Acquisition Corp (IXAQ) — Working Capital to Net Assets Ratio
IX Acquisition Corp (IXAQ) has a Working Capital to Net Assets ratio of -122.9% as of March 2025. Working capital of $-6.86 Million (current assets of $44.03K minus current liabilities of $6.91 Million) is measured against net assets of $5.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See IXAQ net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IX Acquisition Corp Working Capital to Net Assets (2021–2024)
This chart shows how IX Acquisition Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of March 2025, the ratio stands at -122.9%, reflecting working capital of $-6.86 Million against net assets of $5.59 Million USD. Check tangible net worth ratio of IX Acquisition Corp to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for IX Acquisition Corp (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for IX Acquisition Corp from 2021 to 2024, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see IXAQ market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -120.4% | $-6.44 Million | $5.34 Million | $44.46K | $6.48 Million | ▼ -106.3 pp |
| 2023 | -14.1% | $-3.09 Million | $21.93 Million | $54.31K | $3.15 Million | ▼ -13.8 pp |
| 2022 | -0.3% | $-718.59K | $221.17 Million | $304.14K | $1.02 Million | ▼ -0.6 pp |
| 2021 | 0.2% | $502.92K | $211.87 Million | $899.71K | $396.79K | — |