Ideanomics Stock Return On Asset
| IDEX Stock | USD 0.83 0.07 7.78% |
Ideanomics fundamentals help investors to digest information that contributes to Ideanomics' financial success or failures. It also enables traders to predict the movement of Ideanomics Stock. The fundamental analysis module provides a way to measure Ideanomics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ideanomics stock.
Return On Assets is likely to rise to -1.2 in 2024. Ideanomics | Return On Asset |
Ideanomics Company Return On Asset Analysis
Ideanomics' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Ideanomics Return On Asset | -0.35 |
Most of Ideanomics' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ideanomics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ideanomics Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Ideanomics is extremely important. It helps to project a fair market value of Ideanomics Stock properly, considering its historical fundamentals such as Return On Asset. Since Ideanomics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ideanomics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ideanomics' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Ideanomics Total Assets
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Based on the latest financial disclosure, Ideanomics has a Return On Asset of -0.3545. This is 30.49% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 153.21% higher than that of the company.
Ideanomics Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ideanomics' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ideanomics could also be used in its relative valuation, which is a method of valuing Ideanomics by comparing valuation metrics of similar companies.Ideanomics is currently under evaluation in return on asset category among related companies.
Ideanomics Fundamentals
| Return On Equity | -2.34 | ||||
| Return On Asset | -0.35 | ||||
| Operating Margin | (24.83) % | ||||
| Current Valuation | 47.73 M | ||||
| Shares Outstanding | 11.97 M | ||||
| Shares Owned By Insiders | 19.25 % | ||||
| Shares Owned By Institutions | 4.41 % | ||||
| Number Of Shares Shorted | 2.37 M | ||||
| Price To Earning | 16.47 X | ||||
| Price To Book | 0.65 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 93.64 M | ||||
| Gross Profit | (815 K) | ||||
| EBITDA | (127.58 M) | ||||
| Net Income | (339.82 M) | ||||
| Cash And Equivalents | 25.19 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 70.85 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 2.74 X | ||||
| Book Value Per Share | 1.38 X | ||||
| Cash Flow From Operations | (65.47 M) | ||||
| Short Ratio | 2.84 X | ||||
| Earnings Per Share | (55.95) X | ||||
| Target Price | 1.0 | ||||
| Number Of Employees | 565 | ||||
| Beta | 0.57 | ||||
| Market Capitalization | 10.78 M | ||||
| Total Asset | 473.44 M | ||||
| Retained Earnings | (605.76 M) | ||||
| Working Capital | 37.18 M | ||||
| Current Asset | 6.93 M | ||||
| Current Liabilities | 6.21 M | ||||
| Net Asset | 473.44 M |
About Ideanomics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ideanomics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ideanomics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ideanomics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Ideanomics Piotroski F Score and Ideanomics Altman Z Score analysis. For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.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 the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 the 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.
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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.
Earnings Share (55.95) | Revenue Per Share 11.571 | Quarterly Revenue Growth (0.92) | Return On Assets (0.35) | Return On Equity (2.34) |
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 if Ideanomics is a good investment 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.