Ideanomics Net Income vs Cost of Revenue 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 Net Income and its Cost Of Revenue 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.
Net Income vs Cost Of Revenue
Net Income vs Cost of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideanomics Net Income account and Cost of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ideanomics' Net Income and Cost of Revenue is -0.18. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Ideanomics, assuming nothing else is changed. The correlation between historical values of Ideanomics' Net Income and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Ideanomics are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Net Income i.e., Ideanomics' Net Income and Cost of Revenue go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ideanomics financial statement analysis. It represents the amount of money remaining after all of Ideanomics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Cost Of Revenue
Cost of Revenue is found on Ideanomics income statement and represents the costs associated with goods and services Ideanomics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 |
Ideanomics fundamental ratios Correlations
Click cells to compare fundamentals
Ideanomics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ideanomics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ideanomics' short interest history, or implied volatility extrapolated from Ideanomics options trading.
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Try AI Portfolio ArchitectCheck 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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.