Ideanomics Free Cash Flow Yield vs Ptb Ratio Analysis

IDEX Stock  USD 0  0.0006  30.00%   
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 Yield and its Ptb Ratio 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 closely tied 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 Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideanomics Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ideanomics' Free Cash Flow Yield and Ptb Ratio is 0.19. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio 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 Yield and Ptb Ratio 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 Yield of Ideanomics are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Ideanomics' Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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 closely tied 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. Sales General And Administrative To Revenue is likely to rise to 5.69 in 2024, whereas Discontinued Operations is likely to drop slightly above 4.2 M in 2024.
 2020 2021 2023 2024 (projected)
Interest Expense16.0M2.1M4.3M4.5M
Depreciation And Amortization5.3M7.7M17.7M18.6M

Ideanomics fundamental ratios Correlations

0.860.340.570.960.58-0.89-0.480.020.750.00.58-0.230.310.460.350.60.590.980.880.280.960.220.870.960.44
0.860.690.880.710.72-0.56-0.780.390.850.240.45-0.260.270.540.590.870.860.80.980.630.720.60.860.720.41
0.340.690.880.080.820.07-0.90.740.790.480.04-0.03-0.130.750.820.910.840.210.570.890.120.870.370.120.19
0.570.880.880.350.76-0.19-0.960.780.770.590.27-0.260.080.620.80.980.860.50.810.90.380.880.630.380.41
0.960.710.080.350.37-0.97-0.26-0.220.57-0.180.59-0.250.350.250.140.370.380.980.780.040.99-0.010.810.990.37
0.580.720.820.760.37-0.24-0.770.530.920.360.190.110.00.950.690.860.850.440.580.70.380.630.490.380.34
-0.89-0.560.07-0.19-0.97-0.240.140.32-0.410.29-0.520.36-0.33-0.17-0.06-0.22-0.18-0.93-0.630.05-0.980.11-0.73-0.98-0.27
-0.48-0.78-0.9-0.96-0.26-0.770.14-0.81-0.72-0.56-0.130.34-0.01-0.68-0.87-0.96-0.78-0.41-0.69-0.97-0.32-0.94-0.54-0.32-0.3
0.020.390.740.78-0.220.530.32-0.810.350.870.02-0.13-0.170.50.750.750.54-0.030.270.89-0.170.880.1-0.170.37
0.750.850.790.770.570.92-0.41-0.720.350.220.30.120.080.810.60.840.880.620.770.580.560.510.660.560.3
0.00.240.480.59-0.180.360.29-0.560.870.220.20.14-0.310.350.530.570.37-0.030.150.6-0.180.580.0-0.180.58
0.580.450.040.270.590.19-0.52-0.130.020.30.20.02-0.170.10.360.270.420.60.490.00.55-0.030.470.550.86
-0.23-0.26-0.03-0.26-0.250.110.360.34-0.130.120.140.02-0.210.17-0.27-0.170.05-0.34-0.34-0.36-0.37-0.39-0.43-0.370.14
0.310.27-0.130.080.350.0-0.33-0.01-0.170.08-0.31-0.17-0.21-0.11-0.310.050.00.340.33-0.040.35-0.030.290.35-0.24
0.460.540.750.620.250.95-0.17-0.680.50.810.350.10.17-0.110.650.750.70.320.380.630.280.550.30.280.28
0.350.590.820.80.140.69-0.06-0.870.750.60.530.36-0.27-0.310.650.820.730.280.490.870.20.840.360.20.46
0.60.870.910.980.370.86-0.22-0.960.750.840.570.27-0.170.050.750.820.890.510.780.890.40.860.620.40.42
0.590.860.840.860.380.85-0.18-0.780.540.880.370.420.050.00.70.730.890.470.770.690.370.660.630.370.47
0.980.80.210.50.980.44-0.93-0.41-0.030.62-0.030.6-0.340.340.320.280.510.470.850.220.980.170.860.980.44
0.880.980.570.810.780.58-0.63-0.690.270.770.150.49-0.340.330.380.490.780.770.850.530.780.510.90.780.38
0.280.630.890.90.040.70.05-0.970.890.580.60.0-0.36-0.040.630.870.890.690.220.530.120.980.370.120.22
0.960.720.120.380.990.38-0.98-0.32-0.170.56-0.180.55-0.370.350.280.20.40.370.980.780.120.060.821.00.33
0.220.60.870.88-0.010.630.11-0.940.880.510.58-0.03-0.39-0.030.550.840.860.660.170.510.980.060.330.060.19
0.870.860.370.630.810.49-0.73-0.540.10.660.00.47-0.430.290.30.360.620.630.860.90.370.820.330.820.31
0.960.720.120.380.990.38-0.98-0.32-0.170.56-0.180.55-0.370.350.280.20.40.370.980.780.121.00.060.820.33
0.440.410.190.410.370.34-0.27-0.30.370.30.580.860.14-0.240.280.460.420.470.440.380.220.330.190.310.33
Click cells to compare fundamentals

Ideanomics Account Relationship Matchups

Ideanomics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.2M126.9M234.4M473.4M116.9M95.5M
Short Long Term Debt Total15.3M22.0M7.8M70.9M42.5M44.7M
Other Current Liab23.8M6.2M13.9M17.8M32.2M33.8M
Total Current Liabilities29.9M36.8M13.1M91.1M117.6M123.5M
Total Stockholder Equity45.5M34.8M187.8M364.3M(14.2M)(13.5M)
Property Plant And Equipment Net15.0M19.9M14.7M15.7M19.0M20.0M
Net Debt12.2M19.4M(158.0M)(199.0M)41.3M43.4M
Retained Earnings(150.0M)(248.5M)(346.9M)(605.8M)(1.1B)(1.0B)
Accounts Payable19.3M3.4M5.1M6.7M55.2M58.0M
Non Current Assets Total49.2M119.5M54.7M110.9M84.3M88.5M
Non Currrent Assets Other4.0M883.1K516K903K5.7M6.0M
Net Receivables2.4M7.6M3.3M62.0M1.1M1.1M
Common Stock Total Equity68.5K102.8K149.7K345.0396.75376.91
Common Stock Shares Outstanding958.1K1.7M497.3M3.6M10.0M9.5M
Liabilities And Stockholders Equity94.2M126.9M234.4M473.4M116.9M74.2M
Non Current Liabilities Total19.8M30.2M27.1M15.7M24.7M26.0M
Other Stockholder Equity282.6M531.9M222K968.1M1.1B1.1B
Total Liab49.8M66.9M40.1M106.8M137.2M144.0M
Property Plant And Equipment Gross19.9M330.016.6M29.3M22.9M24.0M
Total Current Assets45.1M7.5M179.8M362.5M32.6M58.6M
Accumulated Other Comprehensive Income(1.7M)(663.6K)1.3M222K(4.6M)(4.3M)
Short Term Debt4M9.1M683K61.2M27.7M29.1M
Common Stock102.8K149.7K345K497K1.5M1.6M
Cash3.1M2.6M165.8M269.9M1.2M1.2M
Inventory2.0M572.3K2.6M6.2M19.8M20.8M
Current Deferred Revenue405.9K476.7K1.1M5.4M2.5M1.4M
Cash And Short Term Investments3.1M2.6M165.8M269.9M1.2M1.2M
Other Current Assets1.8M6.4M2.6M24.5M10.4M5.8M
Intangible Assets3.0M52.8M29.7M42.5M23.7M16.2M
Property Plant Equipment12.9M14.7M15.7M26.6M30.6M32.1M
Other Assets1.023.5K903K1.3M(3.0K)(2.8K)
Other Liab17.3M12.8M6.0M4.0M4.6M5.2M
Good Will704.9K23.3M1.2M16.2M35.9M37.7M
Net Tangible Assets(41.3M)155.7M304.3M41.6M47.8M55.1M
Noncontrolling Interest In Consolidated Entity(1.3M)(1.0M)25.2M6.4M7.4M7.8M
Retained Earnings Total Equity(125.9M)(150.0M)(248.5M)(346.9M)(312.2M)(296.6M)
Capital Surpluse158.0M195.8M282.6M531.9M611.6M642.2M

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