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IX Acquisition (IX Acquisition) FCF Yield % : -0.62 (As of May. 18, 2024)


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What is IX Acquisition FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, IX Acquisition's Trailing 12-Month Free Cash Flow is $-0.61 Mil, and Market Cap is $97.14 Mil. Therefore, IX Acquisition's FCF Yield % for today is -0.62%.

The historical rank and industry rank for IX Acquisition's FCF Yield % or its related term are showing as below:

IXAQ' s FCF Yield % Range Over the Past 10 Years
Min: -0.63   Med: 0   Max: 0
Current: -0.62


IXAQ's FCF Yield % is ranked better than
64.62% of 636 companies
in the Diversified Financial Services industry
Industry Median: -1.425 vs IXAQ: -0.62

IX Acquisition's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


IX Acquisition FCF Yield % Historical Data

The historical data trend for IX Acquisition's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IX Acquisition FCF Yield % Chart

IX Acquisition Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -0.19 -0.64

IX Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.23 -0.05 -0.51 -0.97 -0.64

Competitive Comparison of IX Acquisition's FCF Yield %

For the Shell Companies subindustry, IX Acquisition's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IX Acquisition's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, IX Acquisition's FCF Yield % distribution charts can be found below:

* The bar in red indicates where IX Acquisition's FCF Yield % falls into.



IX Acquisition FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

IX Acquisition's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.606 / 94.554191179
=-0.64%

IX Acquisition's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.151 * 4 / 94.554191179
=-0.64%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IX Acquisition FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


IX Acquisition FCF Yield % Related Terms

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IX Acquisition (IX Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Salamanca Street, Arch 124, London, GBR, SE1 7HX
IX Acquisition Corp is a blank check company.
Executives
Henry Choi director 53 DAVIES STREET, LONDON X0 W1K 5JH
Guy Willner director, officer: Executive Chairman 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Noah Aptekar director, officer: CFO, Chief Operations Officer C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Ix Acquisition Sponsor, Llc 10 percent owner C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Karen Bach director, officer: Chief Executive Officer C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Victoria Reid officer: Vice President C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Eduardo Marini director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Andrew Bartley director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Ian Spence director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Shannon Grewer director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711