Ideanomics (Ideanomics) Cash-to-Debt : 0.06 (As of Sep. 2023)

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What is Ideanomics Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Ideanomics's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Ideanomics couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Ideanomics's Cash-to-Debt or its related term are showing as below:

IDEX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 1.21 Max: 236.13
Current: 0.06

During the past 13 years, Ideanomics's highest Cash to Debt Ratio was 236.13. The lowest was 0.05. And the median was 1.21.

IDEX's Cash-to-Debt is ranked worse than
92.75% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.62 vs IDEX: 0.06

Ideanomics Cash-to-Debt Historical Data

The historical data trend for Ideanomics's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Ideanomics Cash-to-Debt Chart

Ideanomics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.20

0.12

236.13

3.81

0.66

Ideanomics Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.80	0.66	0.61	0.08	0.06

Competitive Comparison of Ideanomics's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Ideanomics's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ideanomics's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ideanomics's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ideanomics's Cash-to-Debt falls into.

Ideanomics Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Ideanomics's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	21.929	/	(17.646	+	15.418)
	=	0.66

Ideanomics's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.884	/	(19.22	+	12.917)
	=	0.06

Ideanomics (NAS:IDEX) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Ideanomics Cash-to-Debt Related Terms

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Ideanomics (Ideanomics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ideanomics Inc (NAS:IDEX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IDEX:Mexico

Address

1441 Broadway, Suite 5116, New York, NY, USA, 10018

Website

https://www.ideanomics.com

Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility's focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy's focus is charging and energy-related products and services, and Ideanomics Capital's focus is providing financing support for the Company's Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.

Executives

Alfred Poor	director, officer: Chief Executive Officer	55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Stephen Eric Johnston	officer: Chief Financial Officer	4950 SUSANS WAY, BLOOMFIELD HILLS MI 48302
Shane Mcmahon	director, 10 percent owner, officer: Chief Executive Officer	1241 EST MAIN STREET, STAMFORD CT 06902
John Wallace	director	55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Bruno Zheng Wu	director, 10 percent owner, officer: Chief Executive Officer	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Sean Wang	director	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Xiuping Wang	officer: Chief Financial Officer	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Randy Huang	officer: Chief Technical Officer	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Yi Xu	officer: Chief Operating Officer	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Bing Yang	director, officer: CEO and Director	375 GREENWICH ST., SUITE 516, NEW YORK NY 10013
Mingcheng Tao	director, officer: Chief Executive Officer	3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Polly Wang	director	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Jian Ren Fan	director	305-36 ROOM, 3RD FLOOR, D BUILDING, TIANJIN ECONOMIC-TECHNOLOGICAL DVLP AREA, TIANJIN CITY F4 300280
Sun Seven Stars Hong Kong Cultural Development Ltd	10 percent owner	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423
Shanghai Sun Seven Stars Cultural Development Ltd	10 percent owner	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423