Ideanomics Total Assets vs Current Liabilities Analysis

IDEX Stock  USD 0.21  0.02  10.53%   
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 Total Assets and its Current Liabilities accounts. Please see Risk vs Return Analysis.

Total Assets vs Current Liabilities

Total Assets vs Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideanomics Total Assets account and Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ideanomics' Total Assets and Current Liabilities is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Liabilities in the same time period over historical financial statements of Ideanomics, assuming nothing else is changed. The correlation between historical values of Ideanomics' Total Assets and Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ideanomics are associated (or correlated) with its Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Liabilities has no effect on the direction of Total Assets i.e., Ideanomics' Total Assets and Current Liabilities go up and down completely randomly.

Correlation Coefficient

Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Ideanomics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ideanomics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; [TaxAssets] and Trade and Non Trade Receivables.

Current Liabilities

The current portion of Total Liabilities; reported if the company operates a classified balance sheet that segments current and non-current liabilities.
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. Please see Risk vs Return Analysis.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 USD26.76 M114.08 M131.19 M109 M
Revenues26.76 M114.08 M102.67 M110.78 M

Ideanomics fundamental ratios Correlations

Click cells to compare fundamentals

Ideanomics Account Relationship Matchups

Ideanomics fundamental ratios Accounts

201820192020202120222023 (projected)
Receivables19.37 M2.4 M7.4 M58.94 M53.05 M57.24 M
Accounts Payable19.27 M3.38 M5.06 M6.67 M6.01 M5.59 M
Accumulated Other Comprehensive Income(1.66 M)(664 K)1.23 M222 K199.8 K215.57 K
Total Assets94.24 M126.94 M234.41 M473.44 M426.09 M459.73 M
Current Assets45.07 M7.45 M179.76 M362.51 M326.26 M352.01 M
Assets Non Current49.16 M119.49 M54.11 M110.93 M127.57 M137.64 M
Cash and Equivalents3.11 M2.63 M165.76 M269.86 M242.88 M262.05 M
Cash and Equivalents USD3.11 M2.63 M165.76 M269.86 M310.34 M334.84 M
Total Debt15.45 M21.99 M702 K70.85 M81.48 M87.91 M
Debt Current4.14 M9.13 M683 K61.21 M70.39 M75.95 M
Total Debt USD15.45 M21.99 M702 K70.85 M81.48 M87.91 M
Deferred Revenue405.93 K477 K1.13 M5.39 M6.2 M6.69 M
Shareholders Equity45.5 M34.82 M187.85 M364.29 M327.86 M353.74 M
Shareholders Equity USD44.24 M33.56 M183.69 M363.03 M417.48 M450.44 M
Goodwill and Intangible Assets3.74 M76.11 M30.41 M58.71 M67.51 M72.84 M
Investments26.41 M22.62 M8.49 M91.19 M104.87 M113.15 M
Investments Non Current26.41 M22.62 M8.49 M35.59 M40.93 M44.16 M
Total Liabilities48.73 M92.13 M46.57 M109.15 M98.23 M105.99 M
Current Liabilities29.93 M36.76 M13.06 M91.12 M82.01 M88.48 M
Liabilities Non Current19.83 M30.19 M24.63 M15.69 M18.04 M15.16 M
Trade and Non Trade Payables20.07 M7.34 M5.94 M7.78 M8.94 M9.34 M
Property Plant and Equipment Net15.03 M19.87 M7.74 M15.73 M18.09 M19.52 M
Trade and Non Trade Receivables19.37 M3.66 M7.64 M3.6 M4.14 M4.25 M
Accumulated Retained Earnings Deficit(149.98 M)(248.48 M)(349.75 M)(605.76 M)(545.18 M)(559.53 M)

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ideanomics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run CEO Directory Now


CEO Directory

Screen CEOs from public companies around the world
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Ideanomics using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
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
112.1 M
Quarterly Revenue Growth
Return On Assets
Return On Equity
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.