Ideanomics Inc
Ideanomics, Inc., through its subsidiaries, provides various mobility solutions in Asia, Europe, and the United States. The company's Ideanomics Mobility business unit operates as an end-to-end solutions provider for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles (EVs). It also offers high-power inductive charging solutions fo… Read more
Ideanomics Inc (IDEX) - Total Assets
Latest total assets as of March 2024: $116.88 Million USD
Based on the latest financial reports, Ideanomics Inc (IDEX) holds total assets worth $116.88 Million USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ideanomics Inc - Total Assets Trend (1996–2023)
This chart illustrates how Ideanomics Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ideanomics Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Ideanomics Inc's total assets of $116.88 Million consist of 27.9% current assets and 72.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $1.11 Million | 1.0% |
| Inventory | $19.84 Million | 17.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $23.67 Million | 20.3% |
| Goodwill | $35.89 Million | 30.7% |
Asset Composition Trend (1996–2023)
This chart illustrates how Ideanomics Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ideanomics Inc's current assets represent 27.9% of total assets in 2023, an increase from 4.4% in 1996.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2023, up from 0.0% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 50.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 30.7% of total assets.
Ideanomics Inc Competitors by Total Assets
Key competitors of Ideanomics Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Ideanomics Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Ideanomics Inc generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ideanomics Inc is currently not profitable relative to its asset base.
Ideanomics Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.28 | 0.59 | 0.80 |
| Quick Ratio | 0.11 | 0.38 | 0.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-85.03 Million | $ -52.63 Million | $ -7.11 Million |
Ideanomics Inc - Advanced Valuation Insights
This section examines the relationship between Ideanomics Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.66 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -75.3% |
| Total Assets | $116.88 Million |
| Market Capitalization | $40.14K USD |
Valuation Analysis
Below Book Valuation: The market values Ideanomics Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ideanomics Inc's assets decreased by 75.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ideanomics Inc (1996–2023)
The table below shows the annual total assets of Ideanomics Inc from 1996 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $116.88 Million | -75.31% |
| 2022-12-31 | $473.44 Million | 0.00% |
| 2021-12-31 | $473.44 Million | +101.97% |
| 2020-12-31 | $234.41 Million | +84.66% |
| 2019-12-31 | $126.94 Million | +34.71% |
| 2018-12-31 | $94.24 Million | +49.49% |
| 2017-12-31 | $63.04 Million | +52.65% |
| 2016-12-31 | $41.30 Million | +108.30% |
| 2015-12-31 | $19.83 Million | -16.36% |
| 2014-12-31 | $23.70 Million | +58.06% |
| 2013-12-31 | $15.00 Million | -33.22% |
| 2012-12-31 | $22.46 Million | -27.69% |
| 2011-12-31 | $31.06 Million | +1.38% |
| 2010-12-31 | $30.63 Million | +94.25% |
| 2009-12-31 | $15.77 Million | -21.56% |
| 2008-12-31 | $20.10 Million | +62.87% |
| 2007-12-31 | $12.34 Million | +468.85% |
| 2006-12-31 | $2.17 Million | 0.00% |
| 2004-12-31 | $2.17 Million | -4.41% |
| 1997-12-31 | $2.27 Million | 0.00% |
| 1996-12-31 | $2.27 Million | -- |