IDEXQ (Ideanomics) Debt-to-Equity: -3.00 (As of Dec. 2023)

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IDEXQ Ideanomics Inc IDEXQ
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What is Ideanomics Debt-to-Equity?

Ideanomics IDEXQ 12 Debt-to-Equity is -3.00 as of Dec. 2023. GuruFocus rates IDEXQ with a GF Score™ of 12/100.

Ideanomics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $27.71 Mil. Ideanomics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14.83 Mil. Ideanomics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-14.16 Mil. Ideanomics's debt to equity for the quarter that ended in Dec. 2023 was -3.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

IDEXQ's Debt-to-Equity is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Ideanomics  (OTCPK:IDEXQ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ideanomics Debt-to-Equity Related Terms


Ideanomics Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ideanomics's Debt-to-Equity 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.

Ideanomics Debt-to-Equity Chart

Ideanomics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.00 0.19 0.20 -3.00

Ideanomics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.32 0.41 1.64 -3.00

IDEXQ vs CAT, DE, PCAR: Debt-to-Equity Comparison

For the Farm & Heavy Construction Machinery subindustry, Ideanomics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Farm & Heavy Construction Machinery Industry

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

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


IDEXQ
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Ideanomics Inc IDEXQ
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Ideanomics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ideanomics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ideanomics's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -3.00 mean?
Ideanomics (IDEXQ) has a Debt-to-Equity of -3.00 as of Dec. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ideanomics and its competitors.
Is Ideanomics' Debt-to-Equity too high?
Ideanomics' current Debt-to-Equity is -3.00. Overall, Ideanomics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ideanomics' Debt-to-Equity compare to CAT and DE?
Ideanomics' Debt-to-Equity of -3.00 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Debt-to-Equity is 0.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.36, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ideanomics and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideanomics's current Debt-to-Equity is -3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideanomics stock overvalued right now?
Ideanomics (IDEXQ) has a current Debt-to-Equity of -3.00. The current Debt-to-Equity is -3.00. Ideanomics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ideanomics (IDEXQ), the current Debt-to-Equity is -3.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ideanomics Business Description

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