Ideanomics Stock Financials

IDEX
 Stock
  

USD 0.21  0.01  4.55%   

Ideanomics Revenue Per Employee is fairly stable at the moment as compared to the past year. Ideanomics reported Revenue Per Employee of 204,079 in 2021. Average Assets is likely to rise to about 630.4 M in 2022, whereas Net Income Per Employee is likely to drop (494.1 K) in 2022.
  
With this module, you can analyze Ideanomics financials for your investing period. You should be able to track the changes in Ideanomics individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Ideanomics Most Recent Estimates

EPS Estimate Next Quarter
(0.08) 
Diluted Eps
(0.29) 
EPS Estimate Current Year
(0.30) 
EPS Estimate Next Year
(0.24) 
EPS Estimate Current Quarter
(0.05) 
Earnings Share
(0.29) 
Understanding current and past Ideanomics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ideanomics' financial statements are interrelated, with each one affecting the others. For example, an increase in Ideanomics' assets may result in an increase in income on the income statement.

Revenues

123.09 Million

The financial analysis of Ideanomics is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Ideanomics includes many different criteria found on its balance sheet. For example, investors should never minimize Ideanomics' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Ideanomics' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Ideanomics.

Ideanomics Cash

Chance Of Financial Distress
Less than 27
Ideanomics has less than 27 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Ideanomics stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Ideanomics' official financial statements usually reflect Ideanomics' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ideanomics. For example, before you start analyzing numbers published by Ideanomics accountants, it's critical to develop an understanding of what Ideanomics' liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Ideanomics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ideanomics' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ideanomics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ideanomics. Please utilize our Beneish M Score to check the likelihood of Ideanomics' management to manipulate its earnings.

Ideanomics Company Summary

Ideanomics competes with S4 Capital, Publicis Groupe, Steel Connect, Hakuhodo, and Travelzoo. Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia and the United States. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York. Ideanomics operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 559 people.
Specialization
Information Technology, Farm & Heavy Construction Machinery
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000837852
ISINUS45166V1061
RegionNorth America
Business Address1441 Broadway, New
SectorSoftware
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.ideanomics.com
Phone212 206 1216
CurrencyUSD - US Dollar
You should never invest in Ideanomics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ideanomics Stock, because this is throwing your money away. Analyzing the key information contained in Ideanomics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Ideanomics Key Financial Ratios

Generally speaking, Ideanomics' financial ratios allow both analysts and investors to convert raw data from Ideanomics' financial statements into concise, actionable information that can be used to evaluate the performance of Ideanomics over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ideanomics reports annually and quarterly.

Ideanomics Key Balance Sheet Accounts

201720182019202020212022 (projected)
Receivables26.96 M19.37 M2.4 M7.4 M58.94 M63.6 M
Accounts Payable26.83 M19.27 M3.38 M5.06 M6.67 M5.94 M
Total Assets63.04 M94.24 M126.94 M234.41 M473.44 M510.81 M
Current Assets55.8 M45.07 M7.45 M179.76 M362.51 M391.13 M
Assets Non Current7.25 M49.16 M119.49 M54.11 M110.93 M119.69 M
Cash and Equivalents7.21 M3.11 M2.63 M165.76 M269.86 M291.17 M
Shareholders Equity32.67 M45.5 M34.82 M187.85 M364.29 M393.05 M
Investments6.98 M26.41 M22.62 M8.49 M91.19 M98.39 M
Total Liabilities30.37 M48.73 M92.13 M46.57 M109.15 M117.76 M
Current Liabilities31.66 M29.93 M36.76 M13.06 M91.12 M98.31 M

Ideanomics Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Ideanomics' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses137.19 M374.58 M1.46 M24.7 M90.85 M98.02 M
Consolidated Income(10.86 M)(28.42 M)(96.83 M)(111.58 M)(256.73 M)(263.48 M)
Cost of Revenue137.19 M374.58 M1.46 M24.7 M90.85 M83.76 M
Gross Profit7.16 M3.17 M43.11 M2.06 M23.23 M25.06 M
Interest Expense94.62 K804.6 K5.68 M16.08 M2.14 M2.6 M
Net Income(9.84 M)(27.43 M)(97.68 M)(98.22 M)(256.01 M)(262.75 M)
Operating Expenses17.26 M29.36 M111.68 M97.7 M282.79 M305.11 M
Operating Income(9.78 M)(26.2 M)(68.57 M)(86.88 M)(259.56 M)(266.39 M)
Revenues144.34 M377.74 M44.57 M26.76 M114.08 M123.09 M

Ideanomics Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Ideanomics. It measures of how well Ideanomics is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Ideanomics brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Ideanomics had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Ideanomics has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure2.45 M(6.76 M)(1.82 M)(191 K)(2.81 M)(2.88 M)
Depreciation Amortization and Accretion308.1 K352.33 K2.23 M5.31 M7.67 M8.28 M
Net Cash Flow or Change in Cash and Cash Equivalents3.5 M(4.47 M)(473 K)163.13 M104.1 M112.32 M
Net Cash Flow Business Acquisitions and Disposals(763.11 K)(2.83 M)22 K(99.06 M)(89.15 M)(91.5 M)
Issuance Purchase of Equity Shares13.62 M21.53 M2.82 M191.44 M196.84 M212.37 M
Net Cash Flow from Financing13.86 M34.9 M15.11 M208.05 M399.3 M430.82 M
Net Cash Flow from Investing(510.13 K)(19.14 M)(1.79 M)(3.5 M)(220.09 M)(225.88 M)
Net Cash Flow from Operations(9.97 M)(20.16 M)(13.78 M)(41.47 M)(75.53 M)(77.52 M)
Effect of Exchange Rate Changes on Cash83.49 K(69.14 K)(9 K)50 K423 K456.39 K
Share Based Compensation1.31 M3.41 M9.11 M11.97 M21.98 M23.72 M

Ideanomics Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ideanomics's current stock value. Our valuation model uses many indicators to compare Ideanomics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ideanomics competition to find correlations between indicators driving Ideanomics's intrinsic value. More Info.
Ideanomics is currently regarded as number one stock in price to book category among related companies. It is currently regarded as number one stock in price to sales category among related companies fabricating about  2.36  of Price to Sales per Price to Book. Price to Sales Ratio is likely to rise to 4.84 in 2022. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ideanomics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ideanomics' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ideanomics' earnings, one of the primary drivers of an investment's value.

Ideanomics Systematic Risk

Ideanomics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ideanomics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Ideanomics correlated with the market. If Beta is less than 0 Ideanomics generally moves in the opposite direction as compared to the market. If Ideanomics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ideanomics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ideanomics is generally in the same direction as the market. If Beta > 1 Ideanomics moves generally in the same direction as, but more than the movement of the benchmark.
.

About Ideanomics Financials

What exactly are Ideanomics Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ideanomics' income statement, its balance sheet, and the statement of cash flows. Potential Ideanomics investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ideanomics investors may use each financial statement separately, they are all related. The changes in Ideanomics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ideanomics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ideanomics is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Ideanomics has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Ideanomics December 6, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ideanomics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ideanomics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ideanomics based on widely used predictive technical indicators. In general, we focus on analyzing Ideanomics Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ideanomics's daily price indicators and compare them against related drivers.
Information Ratio(0.20)
Maximum Drawdown28.91
Value At Risk(10.34)
Potential Upside10.71
Please see Risk vs Return Analysis. Note that the Ideanomics information on this page should be used as a complementary analysis to other Ideanomics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Ideanomics Stock analysis

When running Ideanomics price analysis, check to measure Ideanomics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ideanomics is operating at the current time. Most of Ideanomics' value examination focuses on studying past and present price action to predict the probability of Ideanomics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ideanomics' price. Additionally, you may evaluate how the addition of Ideanomics to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Is Ideanomics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ideanomics. If investors know Ideanomics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ideanomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
131.9 M
Quarterly Revenue Growth YOY
(0.09) 
Return On Assets
(0.19) 
Return On Equity
(0.73) 
The market value of Ideanomics is measured differently than its book value, which is the value of Ideanomics that is recorded on the company's balance sheet. Investors also form their own opinion of Ideanomics' value that differs from its market value or its book value, called intrinsic value, which is Ideanomics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ideanomics' market value can be influenced by many factors that don't directly affect Ideanomics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ideanomics' value and its price as these two are different measures arrived at by different means. Investors typically determine Ideanomics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ideanomics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.