IX Acquisition Corp Working Capital to Net Assets Ratio

Latest as of March 2025: -122.9%

IX Acquisition Corp 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. Check IX Acquisition Corp (IXAQ) tangible net worth to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-122.9%
Working Capital / Net Assets

Working Capital

$-6.86 Million
USD

Current Assets

$44.03K
USD

Current Liabilities

$6.91 Million
USD

Working Capital to Net Assets Ratio of IX Acquisition Corp (2021–2024)

Working capital to net assets ratio of IX Acquisition Corp from 2021 to 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. See IX Acquisition Corp (IXAQ) liquidity interval to measure how many days the company can operate on defensive assets alone.

IX Acquisition Corp Working Capital to Net Assets Ratio by Year (2021–2024)

IX Acquisition Corp working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see balance sheet size of IX Acquisition Corp.

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 —
pp = percentage points