Ideanomics, Inc.

Ideanomics, Inc.verified

IDEX

Price:

$0.2

Market Cap:

$4.01M

Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides fintech services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, ...[Read more]

Industry

Agricultural - Machinery

IPO Date

2007-05-23

Stock Exchange

NASDAQ

Ticker

IDEX

The Current Ratio as of November 2024 (TTM) for Ideanomics, Inc. (IDEX) is 0.28

According to Ideanomics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.28. This represents a change of -38.32% compared to the average of 0.45 of the last 4 quarters.

Ideanomics, Inc. (IDEX) Historical Current Ratio (quarterly & annually)

How has IDEX Current Ratio performed in the past?

The mean historical Current Ratio of Ideanomics, Inc. over the last ten years is 2.67. The current 0.28 Current Ratio has changed 939.02% with respect to the historical average. Over the past ten years (40 quarters), IDEX's Current Ratio was at its highest in in the December 2020 quarter at 13.76. The Current Ratio was at its lowest in in the December 2019 quarter at 0.20.

Quarterly (TTM)
Annual

Average

2.67

Median

1.49

Minimum

0.20

Maximum

13.76

Ideanomics, Inc. (IDEX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ideanomics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 6.69%

Maximum Annual Current Ratio = 13.76

Minimum Annual Increase = -86.54%

Minimum Annual Current Ratio = 0.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.28-81.32%
20221.48-62.71%
20213.98-71.09%
202013.766.69%
20190.20-86.54%
20181.51-14.58%
20171.76235.14%
20160.53-48.08%
20151.01-53.02%
20142.16246.39%

Ideanomics, Inc. (IDEX) Average Current Ratio

How has IDEX Current Ratio performed in the past?

The current Current Ratio of Ideanomics, Inc. (IDEX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.91

5-year avg

3.94

10-year avg

2.67

Ideanomics, Inc. (IDEX) Current Ratio vs. Peers

How is IDEX’s Current Ratio compared to its peers?

Ideanomics, Inc.’s Current Ratio is less than Deere & Company (1.67), less than Caterpillar Inc. (1.40), less than Lightning eMotors, Inc. (0.56), less than The Lion Electric Company (1.12), less than Xos, Inc. (1.94), less than Nikola Corporation (1.17), less than Wabash National Corporation (1.88), less than Hydrofarm Holdings Group, Inc. (3.24), less than American Premium Mining Corporation (0.72), less than Titan International, Inc. (2.38), less than urban-gro, Inc. (0.94), less than CEA Industries Inc. (11.42), less than AB Volvo (publ) (1.29), less than Gencor Industries, Inc. (26.55),

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