Ideanomics Balance Sheet Health
Financial Health criteria checks 3/6
Ideanomics has a total shareholder equity of $23.1M and total debt of $18.1M, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are $151.3M and $128.2M respectively.
Key information
78.1%
Debt to equity ratio
US$18.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.88m |
| Equity | US$23.13m |
| Total liabilities | US$128.15m |
| Total assets | US$151.28m |
Recent financial health updates
Recent updates
Market Cool On Ideanomics, Inc.'s (NASDAQ:IDEX) Revenues Pushing Shares 36% Lower
Apr 17
Ideanomics: Investing In EV Is A Waiting Game
Oct 20Ideanomics, Solectrac secured new business contracts to supply electric tractors to major fleet operators
Oct 04Ideanomics to establish in-house design capabilities
Sep 26Ideanomics adds new dealers for Solectrac e-tractors
Sep 19Ideanomics reports Q2 GAAP EPS of -$0.08, revenue of $34.2M
Sep 09Ideanomics GAAP EPS of -$0.57, revenue of $114.08M
Sep 02Ideanomics' Solectrac adds new dealer partners in Florida and Ohio
Aug 02Solectrac, an operating company of Ideanomics partners with Nolan manufacturing to meet increasing electric tractor demands
Jul 12Ideanomics: A High-Risk EV Play
Jan 18Ideanomics Has Potential For Powerful Long-Term Growth And Diversification
Nov 29Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?
Oct 28Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?
Jul 15New Forecasts: Here's What Analysts Think The Future Holds For Ideanomics, Inc. (NASDAQ:IDEX)
May 24What Is The Ownership Structure Like For Ideanomics, Inc. (NASDAQ:IDEX)?
Feb 04Ideanomics inks agreement to acquire Utah-based wireless charging provider, WAVE
Jan 05Ideanomics' rallies on MEG's agreement for 2K units of EV, BYD D1
Dec 28Ideanomics' Long-Term Potential Boosted By MEG Growth And Acquisitions
Dec 21I Can't Justify The Valuation Of Ideanomics, Inc.
Dec 17Ideanomics higher on MEG's November sales activity
Dec 15Can You Imagine How Jubilant Ideanomics' (NASDAQ:IDEX) Shareholders Feel About Its 156% Share Price Gain?
Dec 08
Ideanomic's Treeletrik appoints Richard Teoh as CFO
Dec 02Ideanomics rallies on increasing stake in e-Tractor company Solectrac
Nov 23Financial Position Analysis
Short Term Liabilities: IDEX's short term assets ($46.2M) do not cover its short term liabilities ($109.3M).
Long Term Liabilities: IDEX's short term assets ($46.2M) exceed its long term liabilities ($18.8M).
Debt to Equity History and Analysis
Debt Level: IDEX's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: IDEX's debt to equity ratio has increased from 31% to 78.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IDEX has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IDEX is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.