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Ideanomics inc   (IDEX)
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Ideanomics Inc 's Working Capital Ratio

IDEX's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the third quarter 2023, Working Capital Ratio deteriorated to 0.42 below Ideanomics Inc 's average Working Capital Ratio.

Within EV, Auto & Truck Manufacturers industry 20 other companies have achieved higher Working Capital Ratio than Ideanomics Inc in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 3900 to 4171.

Explain Working Capital Ratio
How much in Current Assets IDEX´s has?
What is the value of IDEX´s Current Liabilities?


IDEX Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 76.47 % 39.81 % 15.45 % -15.65 % 38.73 %
Y / Y Current Assets Change -72.85 % -72.61 % -73.95 % -68.54 % -52.28 %
Working Capital Ratio MRQ 0.42 0.51 0.59 1.48 2.74
IDEX's Total Ranking # 4171 # 3900 # 4299 # 2566 # 1672
Seq. Current Liabilities Change -8.52 % -6.73 % 66.72 % 24.05 % -27.52 %
Seq. Current Assets Change -24.03 % -19.54 % -33.78 % -32.93 % -23.35 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 21
Consumer Discretionary Sector # 166
Overall Market # 4171


Working Capital Ratio Statistics
High Average Low
13.76 1.74 0.2
(Dec 31 2020)   (Dec 31 2019)




Financial Statements
Ideanomics Inc 's Current Liabilities $ 109 Millions Visit IDEX's Balance sheet
Ideanomics Inc 's Current Assets $ 46 Millions Visit IDEX's Balance sheet
Source of IDEX's Sales Visit IDEX's Sales by Geography


Cumulative Ideanomics Inc 's Working Capital Ratio

IDEX's Working Capital Ratio for the trailling 12 Months

IDEX Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 76.47 % 39.81 % 15.45 % -15.65 % 38.73 %
Y / Y Current Assets TTM Growth -72.85 % -72.61 % -73.95 % -68.54 % -52.28 %
Working Capital Ratio TTM 0.68 1.09 1.65 2.37 2.99
Total Ranking TTM # 3559 # 3276 # 4324 # 4676 # 1145
Seq. Current Liabilities TTM Growth -8.52 % -6.73 % 66.72 % 24.05 % -27.52 %
Seq. Current Assets TTM Growth -24.03 % -19.54 % -33.78 % -32.93 % -23.35 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the III Quarter 2023 to $109.34 millions, cumulative Working Capital Ratio decreased to 0.68 below the Ideanomics Inc average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within EV, Auto & Truck Manufacturers industry 21 other companies have achieved higher Working Capital Ratio than Ideanomics Inc . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 3276 to 3559.

Explain Working Capital Ratio
How much in Current Assets IDEX´s has?
What is the value of IDEX´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the EV, Auto & Truck Manufacturers Industry # 22
Consumer Discretionary Sector # 168
Within the Market # 3559


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.54 1.8 0.42
(Sep 30 2021)   (Dec. 30, 2013)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within EV, Auto & Truck Manufacturers Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
General Motors Company  1.14 $ 110,721.000  Millions$ 96,820.000  Millions
Lightning Emotors Inc   0.68 $ 39.658  Millions$ 58.471  Millions
Faraday Future Intelligent Electric Inc   0.67 $ 127.301  Millions$ 191.153  Millions
Ideanomics inc   0.42 $ 46.160  Millions$ 109.339  Millions
Volcon Inc   0.37 $ 13.449  Millions$ 36.167  Millions
Feutune Light Acquisition Corporation  0.11 $ 0.188  Millions$ 1.714  Millions

Date modified: 2023-11-22T11:02:55+00:00



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