IDEX
Price:
$0.0021
Market Cap:
$42.14K
Ideanomics, Inc. primarily dedicates its efforts to accelerating the integration of electric vehicles within commercial fleets, addressing their energy needs, and pioneering advancements in financial technology and services. The company's Ideanomics Mobility segment is instrumental in guiding commercial fleet operators through their shift to electric transportation. Beyond merely facilitating adoption, this unit delivers comprehensive solutions encompassing vehicle sourcing, funding mechanisms, charging infrastructure, and holistic energy management tailored for these EV fleet operators. In parallel, its Ideanomics Capital arm specializes in offering fintech services aimed at boosting operat...[Read more]
Industry
Agricultural - Machinery
IPO Date
2007-05-23
Stock Exchange
NASDAQ
Ticker
IDEX
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 -38.31% compared to the average of 0.45 of the last 4 quarters.
The mean historical Current Ratio of Ideanomics, Inc. over the last ten years is 2.67. The current 0.28 Current Ratio has changed 939.12% 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.
Average
2.67
Median
1.49
Minimum
0.20
Maximum
13.76
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
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.28 | -81.32% |
| 2022 | 1.48 | -62.71% |
| 2021 | 3.98 | -71.09% |
| 2020 | 13.76 | 6.69% |
| 2019 | 0.20 | -86.54% |
| 2018 | 1.51 | -14.58% |
| 2017 | 1.76 | 235.14% |
| 2016 | 0.53 | -48.08% |
| 2015 | 1.01 | -53.02% |
| 2014 | 2.16 | 246.39% |
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.’s Current Ratio is less than Deere & Company (0.79), less than Caterpillar Inc. (1.35), less than Lightning eMotors, Inc. (7.68), less than The Lion Electric Company (2.45), less than Xos, Inc. (1.89), less than Nikola Corporation (1.08), less than Wabash National Corporation (1.33), less than Hydrofarm Holdings Group, Inc. (0.33), greater than American Premium Mining Corporation (0.03), less than Titan International, Inc. (2.19), greater than urban-gro, Inc. (0.05), less than CEA Industries Inc. (2.62), less than AB Volvo (publ) (1.19), less than Gencor Industries, Inc. (14.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.79 | $159.06B | |
| 1.35 | $454.11B | |
| 7.68 | $10.20M | |
| 2.45 | $56.55M | |
| 1.89 | $31.93M | |
| 1.08 | $15.46M | |
| 1.33 | $462.06M | |
| 0.33 | $4.25M | |
| 0.03 | $51.52M | |
| 2.19 | $487.30M | |
| 0.05 | $2.33M | |
| 2.62 | $8.02M | |
| 1.19 | $68.24B | |
| 14.29 | $219.87M |
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