Ideanomics Balance Sheet Health
Financial Health criteria checks 0/6
Ideanomics has a total shareholder equity of $-20.3M and total debt of $28.4M, which brings its debt-to-equity ratio to -140.2%. Its total assets and total liabilities are $116.9M and $137.2M respectively.
Key information
-140.2%
Debt to equity ratio
US$28.43m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.25m |
| Equity | -US$20.27m |
| Total liabilities | US$137.16m |
| Total assets | US$116.88m |
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 04Financial Position Analysis
Short Term Liabilities: IDEX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IDEX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IDEX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IDEX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Insufficient data to determine if IDEX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IDEX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.