Ideanomics Inc Asset Turnover Ratio (IDEX), as of fourth quarter 2023, current and historic results, rankings and more - CSIMarket
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Ideanomics inc   (NASDAQ: IDEX)
 

Ideanomics Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Ideanomics Inc 's asset turnover ratio, the ratio that measures the ability of Ideanomics Inc 's assets to generate revenue, sequentially decreased to 0.1 in the fourth quarter (Dec 31 2023), but it does not raise any concerns as Ideanomics Inc continue to execute well, and the asset turnover ratio remains above the average.

Within sector 18 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the fourth quarter 2023 compared to the preceding quarter from 3101 to 3589.

Asset Turnover Ratio Definition



IDEX Asset Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Asset Change -52.08 % -59.32 % -32.43 % -37.45 % -48.72 %
Y / Y Revenue Change -77.64 % -97.66 % -77.04 % -58.31 % -34.99 %
Asset Turnover Ratio (TTM) 0.1 0.14 0.19 0.25 0.25
IDEX's Total Ranking # 3589 # 3101 # 2674 # 3101 # 2549
Seq. Asset Change -22.74 % -48.3 % -7.68 % 29.95 % -34.4 %
Seq. Revenue Change 597.62 % -92.89 % -26.29 % -38.87 % -26.89 %



Asset Turnover Ratio Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 19
Consumer Discretionary Sector # 161
Overall Market # 3589

Asset Turnover Ratio Statistics
High Average Low
0.3 -0.3 -4.06
(Dec 31 2019)   (Dec 31 2018)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2023, within Consumer Discretionary Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Assets at quarter ending Dec 31 2023
G Iii Apparel Group Ltd  0.48 $ 1,280.847  Millions$ 2,661.758  Millions
Harley davidson Inc   0.48 $ 5,836.478  Millions$ 12,161.979  Millions
Icahn Enterprises l p   0.48 $ 10,868.000  Millions$ 22,774.500  Millions
Callaway Golf Company  0.48 $ 4,284.800  Millions$ 9,002.100  Millions
Nio inc   0.47 $ 7,832.837  Millions$ 16,533.078  Millions
Lotus Technology inc   0.43 $ 678.181  Millions$ 1,584.678  Millions
Gogoro Inc   0.42 $ 348.939  Millions$ 834.230  Millions
Ecd Automotive Design Inc   0.38 $ 20.906  Millions$ 54.329  Millions
Emerson Electric Co   0.38 $ 15,837.000  Millions$ 41,453.000  Millions
Xpeng Inc   0.36 $ 4,555.396  Millions$ 12,498.137  Millions
General Electric Company  0.36 $ 57,987.000  Millions$ 161,796.250  Millions
Xos Inc   0.35 $ 44.523  Millions$ 126.144  Millions
The Lion Electric Company  0.31 $ 253.496  Millions$ 807.113  Millions
Novo Integrated Sciences Inc   0.29 $ 10.532  Millions$ 36.260  Millions
Rivian Automotive Inc   0.26 $ 4,434.000  Millions$ 17,163.000  Millions
Kandi Technologies Group Inc   0.26 $ 123.599  Millions$ 481.771  Millions
Innovative Designs Inc   0.23 $ 0.342  Millions$ 1.481  Millions
China Automotive Systems Inc   0.22 $ 159.160  Millions$ 721.546  Millions
Vinfast Auto ltd   0.22 $ 1,203.053  Millions$ 5,503.083  Millions
Nocopi Technologies Inc   0.18 $ 2.084  Millions$ 11.889  Millions
Empery Digital Inc   0.17 $ 3.261  Millions$ 19.139  Millions
Fisker Inc   0.15 $ 272.883  Millions$ 1,860.715  Millions
Cepton Inc   0.15 $ 13.056  Millions$ 89.627  Millions
Livewire Group Inc   0.13 $ 38.023  Millions$ 299.578  Millions
Luminar Technologies Inc   0.12 $ 69.310  Millions$ 580.843  Millions
Capstone Companies Inc   0.11 $ 0.192  Millions$ 1.685  Millions
Cenntro Inc   0.11 $ 21.258  Millions$ 201.129  Millions
Ideanomics inc   0.10 $ 22.483  Millions$ 219.448  Millions
Innoviz Technologies Ltd   0.10 $ 20.876  Millions$ 214.125  Millions
Envirotech Vehicles Inc   0.10 $ 2.609  Millions$ 27.312  Millions



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