Ideanomics Average Equity vs Average Assets Analysis

IDEX Stock

USD 0.12 0.01 9.09%

Ideanomics financial indicator trend analysis is infinitely more than just investigating Ideanomics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ideanomics is a good investment. Please check the relationship between Ideanomics Average Equity and its Average Assets accounts. Check out Risk vs Return Analysis. For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.

Average Equity vs Average Assets

Average Equity vs Average Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideanomics Average Equity account and Average Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Ideanomics' Average Equity and Average Assets is 1.0. Overlapping area represents the amount of variation of Average Equity that can explain the historical movement of Average Assets in the same time period over historical financial statements of Ideanomics, assuming nothing else is changed. The correlation between historical values of Ideanomics' Average Equity and Average Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Equity of Ideanomics are associated (or correlated) with its Average Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Assets has no effect on the direction of Average Equity i.e., Ideanomics' Average Equity and Average Assets go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Most indicators from Ideanomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ideanomics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis. For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.Ideanomics Selling General and Administrative Expense is fairly stable at the moment as compared to the past year. Ideanomics reported Selling General and Administrative Expense of 83.75 Million in 2022. Issuance Purchase of Equity Shares is likely to rise to about 244.2 M in 2023, whereas Net Loss Income from Discontinued Operations is likely to drop (4.9 M) in 2023.

	2020	2021	2022	2023 (projected)
Revenues USD	26.76 M	114.08 M	131.19 M	112.54 M
Revenues	26.76 M	114.08 M	131.19 M	112.54 M

Revenues USD Revenues

Ideanomics fundamental ratios Correlations

	Inventories	Receivables	Accounts Payable	Total Assets	Current Assets	Assets Non Current	Cash and Equivalents	Total Debt	Debt Current	Debt Non Current	Deferred Revenue	Deposit Liabilities	Shareholders Equity	Goodwill and Intangible Assets	Inventory	Investments	Investments Current	Investments Non Current	Total Liabilities	Current Liabilities	Liabilities Non Current	Trade and Non Trade Payables	Property Plant and Equipment Net	Trade and Non Trade Receivables	Tax Liabilities
Inventories		0.62	0.22	0.74	0.67	0.85	0.67	0.66	0.59	0.24	0.65	-0.73	0.7	0.74	0.99	0.69	0.87	0.84	0.8	0.66	0.95	0.26	0.92	0.13	0.85
Receivables	0.62		0.36	0.92	0.93	0.75	0.89	0.92	0.93	0.38	0.93	-0.6	0.92	0.63	0.7	0.94	0.76	0.89	0.92	0.95	0.39	0.39	0.68	0.21	0.71
Accounts Payable	0.22	0.36		0.08	0.1	0.01	0.01	0.05	0.02	0.3	0.04	-0.51	0.06	-0.18	0.2	0.11	0.58	0.25	0.19	0.18	0.16	0.87	0.15	0.92	-0.01
Total Assets	0.74	0.92	0.08		0.99	0.88	0.98	0.96	0.96	0.26	0.99	-0.6	1.0	0.81	0.82	0.97	0.75	0.91	0.96	0.96	0.56	0.17	0.78	-0.03	0.89
Current Assets	0.67	0.93	0.1	0.99		0.81	0.99	0.94	0.95	0.2	0.98	-0.55	1.0	0.73	0.76	0.96	0.71	0.86	0.92	0.94	0.47	0.16	0.7	-0.02	0.84
Assets Non Current	0.85	0.75	0.01	0.88	0.81		0.8	0.88	0.83	0.39	0.84	-0.68	0.84	0.96	0.9	0.88	0.77	0.93	0.95	0.88	0.78	0.16	0.96	-0.07	0.93
Cash and Equivalents	0.67	0.89	0.01	0.98	0.99	0.8		0.91	0.93	0.13	0.97	-0.51	0.99	0.74	0.75	0.93	0.67	0.83	0.9	0.9	0.48	0.07	0.68	-0.1	0.86
Total Debt	0.66	0.92	0.05	0.96	0.94	0.88	0.91		0.99	0.36	0.98	-0.5	0.94	0.81	0.75	0.99	0.67	0.93	0.96	0.98	0.47	0.13	0.79	-0.1	0.8
Debt Current	0.59	0.93	0.02	0.96	0.95	0.83	0.93	0.99		0.32	0.99	-0.45	0.95	0.78	0.69	0.99	0.61	0.89	0.94	0.98	0.38	0.09	0.71	-0.13	0.77
Debt Non Current	0.24	0.38	0.3	0.26	0.2	0.39	0.13	0.36	0.32		0.26	-0.49	0.22	0.34	0.28	0.37	0.39	0.47	0.41	0.42	0.2	0.5	0.46	0.39	0.22
Deferred Revenue	0.65	0.93	0.04	0.99	0.98	0.84	0.97	0.98	0.99	0.26		-0.5	0.99	0.78	0.74	0.99	0.66	0.89	0.95	0.97	0.44	0.12	0.73	-0.09	0.82
Deposit Liabilities	-0.73	-0.6	-0.51	-0.6	-0.55	-0.68	-0.51	-0.5	-0.45	-0.49	-0.5		-0.56	-0.57	-0.74	-0.56	-0.85	-0.71	-0.69	-0.61	-0.69	-0.75	-0.74	-0.6	-0.67
Shareholders Equity	0.7	0.92	0.06	1.0	1.0	0.84	0.99	0.94	0.95	0.22	0.99	-0.56		0.77	0.78	0.96	0.71	0.88	0.93	0.94	0.5	0.14	0.73	-0.05	0.86
Goodwill and Intangible Assets	0.74	0.63	-0.18	0.81	0.73	0.96	0.74	0.81	0.78	0.34	0.78	-0.57	0.77		0.78	0.8	0.64	0.81	0.86	0.8	0.71	0.0	0.86	-0.23	0.92
Inventory	0.99	0.7	0.2	0.82	0.76	0.9	0.75	0.75	0.69	0.28	0.74	-0.74	0.78	0.78		0.78	0.88	0.9	0.87	0.75	0.91	0.26	0.94	0.12	0.89
Investments	0.69	0.94	0.11	0.97	0.96	0.88	0.93	0.99	0.99	0.37	0.99	-0.56	0.96	0.8	0.78		0.71	0.95	0.97	0.99	0.49	0.2	0.8	-0.02	0.81
Investments Current	0.87	0.76	0.58	0.75	0.71	0.77	0.67	0.67	0.61	0.39	0.66	-0.85	0.71	0.64	0.88	0.71		0.83	0.82	0.73	0.8	0.59	0.82	0.48	0.8
Investments Non Current	0.84	0.89	0.25	0.91	0.86	0.93	0.83	0.93	0.89	0.47	0.89	-0.71	0.88	0.81	0.9	0.95	0.83		0.98	0.94	0.68	0.36	0.93	0.14	0.82
Total Liabilities	0.8	0.92	0.19	0.96	0.92	0.95	0.9	0.96	0.94	0.41	0.95	-0.69	0.93	0.86	0.87	0.97	0.82	0.98		0.98	0.64	0.29	0.89	0.07	0.88
Current Liabilities	0.66	0.95	0.18	0.96	0.94	0.88	0.9	0.98	0.98	0.42	0.97	-0.61	0.94	0.8	0.75	0.99	0.73	0.94	0.98		0.47	0.28	0.79	0.05	0.8
Liabilities Non Current	0.95	0.39	0.16	0.56	0.47	0.78	0.48	0.47	0.38	0.2	0.44	-0.69	0.5	0.71	0.91	0.49	0.8	0.68	0.64	0.47		0.21	0.86	0.11	0.8
Trade and Non Trade Payables	0.26	0.39	0.87	0.17	0.16	0.16	0.07	0.13	0.09	0.5	0.12	-0.75	0.14	0.0	0.26	0.2	0.59	0.36	0.29	0.28	0.21		0.29	0.95	0.09
Property Plant and Equipment Net	0.92	0.68	0.15	0.78	0.7	0.96	0.68	0.79	0.71	0.46	0.73	-0.74	0.73	0.86	0.94	0.8	0.82	0.93	0.89	0.79	0.86	0.29		0.09	0.85
Trade and Non Trade Receivables	0.13	0.21	0.92	-0.03	-0.02	-0.07	-0.1	-0.1	-0.13	0.39	-0.09	-0.6	-0.05	-0.23	0.12	-0.02	0.48	0.14	0.07	0.05	0.11	0.95	0.09		-0.08
Tax Liabilities	0.85	0.71	-0.01	0.89	0.84	0.93	0.86	0.8	0.77	0.22	0.82	-0.67	0.86	0.92	0.89	0.81	0.8	0.82	0.88	0.8	0.8	0.09	0.85	-0.08

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Ideanomics Account Relationship Matchups

Ideanomics fundamental ratios Accounts

	2018	2019	2020	2021	2022	2023 (projected)
Receivables	19.37 M	2.4 M	7.4 M	58.94 M	53.05 M	57.24 M
Accounts Payable	19.27 M	3.38 M	5.06 M	6.67 M	6.01 M	5.59 M
Accumulated Other Comprehensive Income	(1.66 M)	(664 K)	1.23 M	222 K	255.3 K	275.45 K
Total Assets	94.24 M	126.94 M	233.87 M	473.44 M	544.45 M	587.44 M
Current Assets	45.07 M	7.45 M	179.76 M	362.51 M	416.88 M	449.79 M
Assets Non Current	49.16 M	119.49 M	54.11 M	110.93 M	127.57 M	137.64 M
Cash and Equivalents	3.11 M	2.63 M	165.76 M	269.86 M	310.34 M	334.84 M
Cash and Equivalents USD	3.11 M	2.63 M	165.76 M	269.86 M	310.34 M	334.84 M
Total Debt	15.45 M	21.99 M	702 K	70.85 M	81.48 M	87.91 M
Debt Current	4.14 M	9.13 M	683 K	61.21 M	70.39 M	75.95 M
Total Debt USD	15.45 M	21.99 M	702 K	70.85 M	81.48 M	87.91 M
Deferred Revenue	405.93 K	477 K	1.13 M	5.39 M	6.2 M	6.69 M
Shareholders Equity	44.24 M	33.56 M	183.69 M	363.03 M	417.48 M	450.44 M
Shareholders Equity USD	44.24 M	33.56 M	183.69 M	363.03 M	417.48 M	450.44 M
Goodwill and Intangible Assets	3.74 M	76.11 M	30.41 M	58.71 M	67.51 M	72.84 M
Investments	26.41 M	22.62 M	8.49 M	91.19 M	104.87 M	113.15 M
Investments Non Current	26.41 M	22.62 M	8.49 M	35.59 M	40.93 M	44.16 M
Total Liabilities	49.76 M	66.95 M	37.69 M	106.81 M	122.83 M	132.53 M
Current Liabilities	29.93 M	36.76 M	13.06 M	91.12 M	104.78 M	113.06 M
Liabilities Non Current	19.83 M	30.19 M	24.63 M	15.69 M	18.04 M	15.59 M
Trade and Non Trade Payables	20.07 M	7.34 M	5.94 M	7.78 M	8.94 M	9.6 M
Property Plant and Equipment Net	15.03 M	19.87 M	7.74 M	15.73 M	18.09 M	19.52 M
Trade and Non Trade Receivables	19.37 M	3.66 M	7.64 M	3.6 M	4.14 M	4.25 M
Accumulated Retained Earnings Deficit	(149.98 M)	(248.48 M)	(349.75 M)	(605.76 M)	(545.18 M)	(559.53 M)

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Check out Risk vs Return 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.

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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

(0.64)

Revenue Per Share

0.225

Quarterly Revenue Growth

(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.

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Ideanomics Average Equity vs Average Assets Analysis

Average Equity vs Average Assets

Average Equity vs Average Assets Correlation Analysis

Correlation Coefficient

Average Equity

Average Assets

Ideanomics fundamental ratios Correlations

Ideanomics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ideanomics fundamental ratios Accounts

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Shareholders Equity	+ 1.0	Total Assets
Shareholders Equity	+ 1.0	Current Assets
Inventory	+ 0.99	Inventories
Current Assets	+ 0.99	Total Assets
Deferred Revenue	+ 0.99	Total Assets
Cash and Equivalents	+ 0.99	Current Assets

Investments Current	- 0.85	Deposit Liabilities
Trade and Non Trade Payables	- 0.75	Deposit Liabilities
Property Plant and Equipment Net	- 0.74	Deposit Liabilities
Inventory	- 0.74	Deposit Liabilities
Deposit Liabilities	- 0.73	Inventories
Investments Non Current	- 0.71	Deposit Liabilities