Ideanomics Non Current Assets Total vs Cash Analysis

IDEX Stock  USD 0.01  0.04  84.44%   
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 Non Current Assets Total and its Cash 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.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideanomics Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ideanomics' Non Current Assets Total and Cash is 0.48. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of Ideanomics, assuming nothing else is changed. The correlation between historical values of Ideanomics' Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Ideanomics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., Ideanomics' Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Ideanomics, which is listed under current asset account on Ideanomics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ideanomics customers. The amounts must be unrestricted with restricted cash listed in a different Ideanomics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 5.12 in 2025, whereas Discontinued Operations is likely to drop slightly above 4.2 M in 2025.
 2021 2023 2024 2025 (projected)
Interest Expense2.1M4.3M5.0M5.2M
Depreciation And Amortization7.7M17.7M20.4M21.4M

Ideanomics fundamental ratios Correlations

0.810.280.480.940.52-0.86-0.460.020.710.00.57-0.230.30.420.290.510.540.970.850.230.950.180.830.950.42
0.810.720.870.60.76-0.44-0.820.50.870.370.38-0.30.220.610.650.870.870.730.980.680.630.650.90.630.48
0.280.720.92-0.040.860.18-0.920.830.80.63-0.03-0.13-0.150.790.880.940.870.120.590.930.020.910.510.020.33
0.480.870.920.180.81-0.04-0.960.850.790.70.16-0.310.010.70.860.990.890.370.790.930.240.920.720.240.51
0.940.6-0.040.180.24-0.97-0.16-0.280.47-0.240.6-0.210.360.150.010.20.260.970.69-0.080.99-0.120.690.990.29
0.520.760.860.810.24-0.12-0.820.650.920.490.110.01-0.040.960.760.890.880.360.610.760.280.720.590.280.43
-0.86-0.440.18-0.04-0.97-0.120.060.38-0.310.35-0.530.31-0.34-0.070.06-0.06-0.07-0.93-0.550.17-0.980.21-0.59-0.98-0.18
-0.46-0.82-0.92-0.96-0.16-0.820.06-0.84-0.77-0.65-0.080.380.03-0.74-0.89-0.96-0.83-0.35-0.72-0.95-0.24-0.93-0.67-0.24-0.43
0.020.50.830.85-0.280.650.38-0.840.460.9-0.06-0.22-0.190.610.840.830.65-0.070.370.93-0.210.930.32-0.210.49
0.710.870.80.790.470.92-0.31-0.770.460.350.240.040.040.840.650.850.890.550.780.640.480.590.720.480.38
0.00.370.630.7-0.240.490.35-0.650.90.350.120.03-0.310.480.660.680.51-0.060.250.71-0.220.70.19-0.220.65
0.570.38-0.030.160.60.11-0.53-0.08-0.060.240.120.04-0.160.040.230.160.320.610.44-0.070.56-0.090.390.560.79
-0.23-0.3-0.13-0.31-0.210.010.310.38-0.220.040.030.04-0.190.07-0.33-0.24-0.04-0.32-0.37-0.39-0.33-0.41-0.49-0.330.07
0.30.22-0.150.010.36-0.04-0.340.03-0.190.04-0.31-0.16-0.19-0.13-0.31-0.01-0.040.350.29-0.090.36-0.080.240.36-0.27
0.420.610.790.70.150.96-0.07-0.740.610.840.480.040.07-0.130.720.80.750.260.440.70.20.650.410.20.38
0.290.650.880.860.010.760.06-0.890.840.650.660.23-0.33-0.310.720.870.790.190.540.910.090.890.50.090.55
0.510.870.940.990.20.89-0.06-0.960.830.850.680.16-0.24-0.010.80.870.910.390.770.930.260.90.70.260.51
0.540.870.870.890.260.88-0.07-0.830.650.890.510.32-0.04-0.040.750.790.910.390.780.760.270.740.710.270.55
0.970.730.120.370.970.36-0.93-0.35-0.070.55-0.060.61-0.320.350.260.190.390.390.80.120.980.080.790.980.4
0.850.980.590.790.690.61-0.55-0.720.370.780.250.44-0.370.290.440.540.770.780.80.560.710.540.930.710.43
0.230.680.930.93-0.080.760.17-0.950.930.640.71-0.07-0.39-0.090.70.910.930.760.120.560.010.990.520.010.37
0.950.630.020.240.990.28-0.98-0.24-0.210.48-0.220.56-0.330.360.20.090.260.270.980.710.01-0.030.731.00.27
0.180.650.910.92-0.120.720.21-0.930.930.590.7-0.09-0.41-0.080.650.890.90.740.080.540.99-0.030.49-0.030.35
0.830.90.510.720.690.59-0.59-0.670.320.720.190.39-0.490.240.410.50.70.710.790.930.520.730.490.730.36
0.950.630.020.240.990.28-0.98-0.24-0.210.48-0.220.56-0.330.360.20.090.260.270.980.710.011.0-0.030.730.27
0.420.480.330.510.290.43-0.18-0.430.490.380.650.790.07-0.270.380.550.510.550.40.430.370.270.350.360.27
Click cells to compare fundamentals

Ideanomics Account Relationship Matchups

Ideanomics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets126.9M234.4M473.4M116.9M134.4M95.5M
Short Long Term Debt Total22.0M7.8M70.9M42.5M48.9M51.4M
Other Current Liab6.2M13.9M17.8M32.2M37.0M38.9M
Total Current Liabilities36.8M13.1M91.1M117.6M135.3M142.0M
Total Stockholder Equity34.8M187.8M364.3M(14.2M)(16.3M)(15.5M)
Property Plant And Equipment Net19.9M14.7M15.7M19.0M21.9M23.0M
Net Debt19.4M(158.0M)(199.0M)41.3M37.2M39.0M
Retained Earnings(248.5M)(346.9M)(605.8M)(1.1B)(981.5M)(932.4M)
Accounts Payable3.4M5.1M6.7M55.2M63.5M66.7M
Non Current Assets Total119.5M54.7M110.9M84.3M96.9M101.8M
Non Currrent Assets Other883.1K516K903K5.7M6.6M6.9M
Net Receivables7.6M3.3M62.0M1.1M1.3M1.2M
Common Stock Shares Outstanding1.7M497.3M3.6M10.0M9.0M8.5M
Liabilities And Stockholders Equity126.9M234.4M473.4M116.9M134.4M74.2M
Non Current Liabilities Total30.2M27.1M15.7M24.7M28.4M29.9M
Other Stockholder Equity531.9M222K968.1M1.1B1.2B1.3B
Total Liab66.9M40.1M106.8M137.2M157.7M165.6M
Property Plant And Equipment Gross330.016.6M29.3M22.9M26.3M27.6M
Total Current Assets7.5M179.8M362.5M32.6M37.5M58.6M
Accumulated Other Comprehensive Income(663.6K)1.3M222K(4.6M)(4.1M)(3.9M)
Short Term Debt9.1M683K61.2M27.7M31.9M33.5M
Common Stock149.7K345K497K1.5M1.7M1.8M
Cash2.6M165.8M269.9M1.2M1.4M1.4M
Inventory572.3K2.6M6.2M19.8M22.8M24.0M
Current Deferred Revenue476.7K1.1M5.4M2.5M2.9M3.1M
Cash And Short Term Investments2.6M165.8M269.9M1.2M1.4M1.4M
Other Current Assets6.4M2.6M24.5M10.4M12.0M12.6M
Intangible Assets52.8M29.7M42.5M23.7M27.2M16.2M
Property Plant Equipment12.9M14.7M15.7M26.6M30.6M32.1M
Other Assets1.023.5K903K1.3M1.151.09
Long Term Debt11.3M5.1M2.0M3.9M4.5M2.8M
Other Liab17.3M12.8M6.0M4.0M4.6M5.2M
Good Will23.3M1.2M16.2M35.9M41.3M43.3M
Net Tangible Assets(41.3M)155.7M304.3M41.6M47.8M55.1M

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