Ideanomics Free Cash Flow vs Invested Capital Analysis

IDEX Stock

USD 0.90 0.08 9.76%

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 Free Cash Flow and its Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideanomics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.

Free Cash Flow vs Invested Capital

Free Cash Flow vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideanomics Free Cash Flow account and Invested Capital. At this time, the significance of the direction appears to have very week relationship.

The correlation between Ideanomics' Free Cash Flow and Invested Capital is 0.28. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Ideanomics, assuming nothing else is changed. The correlation between historical values of Ideanomics' Free Cash Flow and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Ideanomics are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow i.e., Ideanomics' Free Cash Flow and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Ideanomics. There are two different methods for calculating Ideanomics invested capital: operating approach and financing approach. Understanding Ideanomics invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 to better understand how to build diversified portfolios, which includes a position in Ideanomics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.At this time, Ideanomics' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 33.3 M in 2024, whereas Discontinued Operations is likely to drop slightly above 4.2 M in 2024.

	2020	2021	2023	2024 (projected)
Interest Expense	16.0M	2.1M	4.3M	4.5M
Depreciation And Amortization	9.6M	8.9M	10.2M	10.7M

Interest Expense Depreciation And Amortization

Ideanomics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Cash	Inventory	Current Deferred Revenue	Cash And Short Term Investments	Other Current Assets
Total Assets		0.98	0.78	0.96	1.0	0.78	-0.93	-0.97	0.11	0.89	0.02	0.81	-0.38	0.11	0.58	0.82	0.97	0.87	0.99	0.96	0.99	0.99	0.93	0.94	0.99	0.04
Short Long Term Debt Total	0.98		0.82	0.99	0.96	0.75	-0.85	-0.93	0.08	0.9	-0.01	0.81	-0.32	0.14	0.51	0.78	0.97	0.92	0.96	0.99	0.95	0.94	0.92	0.95	0.94	0.02
Other Current Liab	0.78	0.82		0.82	0.73	0.85	-0.59	-0.79	-0.03	0.95	-0.06	0.64	0.12	-0.11	0.71	0.72	0.87	0.89	0.7	0.77	0.77	0.7	0.71	0.7	0.7	-0.07
Total Current Liabilities	0.96	0.99	0.82		0.95	0.75	-0.82	-0.93	0.22	0.89	0.14	0.84	-0.24	0.09	0.51	0.78	0.98	0.92	0.95	0.98	0.93	0.92	0.9	0.93	0.92	0.15
Total Stockholder Equity	1.0	0.96	0.73	0.95		0.73	-0.95	-0.96	0.08	0.85	-0.01	0.81	-0.46	0.12	0.52	0.82	0.94	0.83	1.0	0.96	0.99	1.0	0.94	0.95	1.0	0.01
Property Plant And Equipment Net	0.78	0.75	0.85	0.75	0.73		-0.65	-0.8	0.14	0.93	0.03	0.57	0.13	0.0	0.93	0.67	0.86	0.83	0.71	0.68	0.8	0.71	0.66	0.67	0.71	0.14
Net Debt	-0.93	-0.85	-0.59	-0.82	-0.95	-0.65		0.94	-0.03	-0.74	0.08	-0.67	0.58	-0.18	-0.5	-0.72	-0.83	-0.66	-0.95	-0.86	-0.95	-0.97	-0.87	-0.87	-0.97	0.06
Retained Earnings	-0.97	-0.93	-0.79	-0.93	-0.96	-0.8	0.94		-0.13	-0.9	-0.04	-0.71	0.3	-0.12	-0.63	-0.75	-0.95	-0.81	-0.95	-0.92	-0.97	-0.95	-0.89	-0.88	-0.95	-0.05
Accounts Payable	0.11	0.08	-0.03	0.22	0.08	0.14	-0.03	-0.13		0.05	0.95	0.3	0.34	-0.12	0.15	0.09	0.23	0.11	0.13	0.05	0.11	0.04	0.03	0.02	0.04	0.96
Non Current Assets Total	0.89	0.9	0.95	0.89	0.85	0.93	-0.74	-0.9	0.05		-0.01	0.68	0.01	0.02	0.78	0.75	0.95	0.92	0.82	0.85	0.89	0.82	0.77	0.81	0.82	0.01
Non Currrent Assets Other	0.02	-0.01	-0.06	0.14	-0.01	0.03	0.08	-0.04	0.95	-0.01		0.24	0.42	-0.28	0.05	0.03	0.14	0.03	0.02	-0.03	0.01	-0.06	-0.08	-0.07	-0.06	0.91
Net Receivables	0.81	0.81	0.64	0.84	0.81	0.57	-0.67	-0.71	0.3	0.68	0.24		-0.26	-0.24	0.36	0.94	0.81	0.84	0.82	0.82	0.79	0.78	0.77	0.78	0.78	0.28
Common Stock Total Equity	-0.38	-0.32	0.12	-0.24	-0.46	0.13	0.58	0.3	0.34	0.01	0.42	-0.26		-0.21	0.25	-0.28	-0.15	-0.05	-0.48	-0.4	-0.37	-0.52	-0.46	-0.49	-0.52	0.42
Common Stock Shares Outstanding	0.11	0.14	-0.11	0.09	0.12	0.0	-0.18	-0.12	-0.12	0.02	-0.28	-0.24	-0.21		-0.09	-0.32	0.06	-0.05	0.13	0.15	0.11	0.13	0.13	0.11	0.13	-0.19
Non Current Liabilities Total	0.58	0.51	0.71	0.51	0.52	0.93	-0.5	-0.63	0.15	0.78	0.05	0.36	0.25	-0.09		0.53	0.67	0.61	0.5	0.41	0.63	0.51	0.45	0.41	0.51	0.16
Other Stockholder Equity	0.82	0.78	0.72	0.78	0.82	0.67	-0.72	-0.75	0.09	0.75	0.03	0.94	-0.28	-0.32	0.53		0.79	0.83	0.81	0.77	0.83	0.81	0.76	0.75	0.81	0.08
Total Liab	0.97	0.97	0.87	0.98	0.94	0.86	-0.83	-0.95	0.23	0.95	0.14	0.81	-0.15	0.06	0.67	0.79		0.93	0.93	0.94	0.95	0.91	0.88	0.9	0.91	0.16
Property Plant And Equipment Gross	0.87	0.92	0.89	0.92	0.83	0.83	-0.66	-0.81	0.11	0.92	0.03	0.84	-0.05	-0.05	0.61	0.83	0.93		0.82	0.89	0.83	0.79	0.79	0.85	0.79	0.1
Total Current Assets	0.99	0.96	0.7	0.95	1.0	0.71	-0.95	-0.95	0.13	0.82	0.02	0.82	-0.48	0.13	0.5	0.81	0.93	0.82		0.96	0.98	0.99	0.94	0.94	0.99	0.05
Short Term Debt	0.96	0.99	0.77	0.98	0.96	0.68	-0.86	-0.92	0.05	0.85	-0.03	0.82	-0.4	0.15	0.41	0.77	0.94	0.89	0.96		0.93	0.94	0.92	0.96	0.94	-0.02
Common Stock	0.99	0.95	0.77	0.93	0.99	0.8	-0.95	-0.97	0.11	0.89	0.01	0.79	-0.37	0.11	0.63	0.83	0.95	0.83	0.98	0.93		0.99	0.92	0.91	0.99	0.04
Cash	0.99	0.94	0.7	0.92	1.0	0.71	-0.97	-0.95	0.04	0.82	-0.06	0.78	-0.52	0.13	0.51	0.81	0.91	0.79	0.99	0.94	0.99		0.93	0.94	1.0	-0.03
Inventory	0.93	0.92	0.71	0.9	0.94	0.66	-0.87	-0.89	0.03	0.77	-0.08	0.77	-0.46	0.13	0.45	0.76	0.88	0.79	0.94	0.92	0.92	0.93		0.88	0.93	0.0
Current Deferred Revenue	0.94	0.95	0.7	0.93	0.95	0.67	-0.87	-0.88	0.02	0.81	-0.07	0.78	-0.49	0.11	0.41	0.75	0.9	0.85	0.94	0.96	0.91	0.94	0.88		0.94	-0.08
Cash And Short Term Investments	0.99	0.94	0.7	0.92	1.0	0.71	-0.97	-0.95	0.04	0.82	-0.06	0.78	-0.52	0.13	0.51	0.81	0.91	0.79	0.99	0.94	0.99	1.0	0.93	0.94		-0.03
Other Current Assets	0.04	0.02	-0.07	0.15	0.01	0.14	0.06	-0.05	0.96	0.01	0.91	0.28	0.42	-0.19	0.16	0.08	0.16	0.1	0.05	-0.02	0.04	-0.03	0.0	-0.08	-0.03

Click cells to compare fundamentals

Ideanomics Account Relationship Matchups

Ideanomics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	94.2M	126.9M	234.4M	473.4M	544.5M	571.7M
Short Long Term Debt Total	15.3M	22.0M	7.8M	70.9M	81.5M	85.6M
Other Current Liab	23.8M	5.9M	13.9M	17.8M	20.5M	21.5M
Total Current Liabilities	29.9M	36.8M	13.1M	91.1M	104.8M	110.0M
Total Stockholder Equity	45.5M	34.8M	187.8M	364.3M	418.9M	439.9M
Property Plant And Equipment Net	15.0M	19.9M	14.7M	15.7M	18.1M	19.0M
Net Debt	12.2M	19.4M	(158.0M)	(199.0M)	(179.1M)	(170.2M)
Retained Earnings	(150.0M)	(248.5M)	(346.9M)	(605.8M)	(545.2M)	(517.9M)
Accounts Payable	19.3M	3.4M	5.1M	6.7M	7.7M	4.7M
Non Current Assets Total	49.2M	119.5M	54.7M	110.9M	127.6M	133.9M
Non Currrent Assets Other	4.0M	883.1K	516K	903K	1.0M	1.1M
Net Receivables	2.4M	7.6M	3.3M	62.0M	71.3M	74.8M
Common Stock Total Equity	68.5K	102.8K	149.7K	345.0	396.75	376.91
Common Stock Shares Outstanding	958.1K	1.7M	497.3M	3.6M	3.2M	3.1M
Liabilities And Stockholders Equity	94.2M	126.9M	234.4M	473.4M	544.5M	571.7M
Non Current Liabilities Total	19.8M	30.2M	27.1M	15.7M	18.0M	18.9M
Other Stockholder Equity	282.6M	531.9M	222K	968.1M	1.1B	1.2B
Total Liab	49.8M	66.9M	40.1M	106.8M	122.8M	129.0M
Property Plant And Equipment Gross	19.9M	330.0	16.6M	29.3M	33.7M	35.4M
Total Current Assets	45.1M	7.5M	179.8M	362.5M	416.9M	437.7M
Accumulated Other Comprehensive Income	(1.7M)	(663.6K)	1.3M	222K	199.8K	209.8K
Short Term Debt	4M	9.1M	998K	61.2M	70.4M	73.9M
Common Stock	102.8K	149.7K	345K	497K	571.6K	600.1K
Cash	3.1M	2.6M	165.8M	269.9M	310.3M	325.9M
Inventory	2.0M	572.3K	2.6M	6.2M	7.1M	7.4M
Current Deferred Revenue	405.9K	476.7K	1.1M	5.4M	6.2M	6.5M
Cash And Short Term Investments	3.1M	2.6M	165.8M	269.9M	310.3M	325.9M
Other Current Assets	1.8M	3.7M	2.6M	4.5M	5.2M	3.9M
Intangible Assets	3.0M	52.8M	29.7M	42.5M	48.9M	51.4M
Property Plant Equipment	12.9M	14.7M	15.7M	26.6M	30.6M	32.1M
Other Assets	1.0	23.5K	903K	1.3M	1.5M	766.4K
Other Liab	17.3M	12.8M	6.0M	4.0M	4.6M	5.2M
Good Will	704.9K	23.3M	1.2M	16.2M	18.6M	19.5M
Net Tangible Assets	(41.3M)	155.7M	304.3M	41.6M	47.8M	55.1M
Noncontrolling Interest In Consolidated Entity	(1.3M)	(1.0M)	25.2M	6.4M	7.4M	7.8M
Retained Earnings Total Equity	(125.9M)	(150.0M)	(248.5M)	(346.9M)	(312.2M)	(296.6M)
Capital Surpluse	158.0M	195.8M	282.6M	531.9M	611.6M	642.2M

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When determining whether Ideanomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ideanomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ideanomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ideanomics Stock:

How To Invest In Ideanomics

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Is Ideanomics Stock a good investment?

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What is Ideanomics' Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideanomics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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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 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.

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Ideanomics Free Cash Flow vs Invested Capital Analysis

Free Cash Flow vs Invested Capital

Free Cash Flow vs Invested Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow

Invested Capital

Ideanomics fundamental ratios Correlations

Ideanomics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ideanomics fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Ideanomics Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets

Common Stock	- 0.97	Retained Earnings
Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Retained Earnings	- 0.97	Total Assets
Retained Earnings	- 0.96	Total Stockholder Equity
Cash And Short Term Investments	- 0.95	Retained Earnings