Ideanomics (LTS:0A4F) Interest Coverage: 0 (At Loss) (As of Dec. 2023)

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LTS:0A4F Ideanomics Inc LTS:0A4F
12 GF Score
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What is Ideanomics Interest Coverage?

Ideanomics LTS:0A4F 12 Interest Coverage is 0 (At Loss) as of Dec. 2023. GuruFocus rates LTS:0A4F with a GF Score™ of 12/100.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Ideanomics's Operating Income for the three months ended in Dec. 2023 was $-16.27 Mil. Ideanomics's Interest Expense for the three months ended in Dec. 2023 was $-1.67 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ideanomics's Interest Coverage or its related term are showing as below:


LTS:0A4F's Interest Coverage is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 9.34
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Ideanomics  (LTS:0A4F) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Ideanomics Interest Coverage Related Terms


Ideanomics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ideanomics's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ideanomics Interest Coverage Chart

Ideanomics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 0.00 0.00 0.00 0.00

Ideanomics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 0.00 0.00 0.00 0.00 0.00

LTS:0A4F vs CAT, DE, PCAR: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, Ideanomics's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ideanomics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ideanomics's Interest Coverage falls into.


LTS:0A4F
12GF Score
Ideanomics Inc LTS:0A4F
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Ideanomics Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ideanomics's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Ideanomics's Interest Expense was $-4.31 Mil. Its Operating Income was $-113.44 Mil. And its Long-Term Debt & Capital Lease Obligation was $14.83 Mil.

Ideanomics did not have earnings to cover the interest expense.

Ideanomics's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Ideanomics's Interest Expense was $-1.67 Mil. Its Operating Income was $-16.27 Mil. And its Long-Term Debt & Capital Lease Obligation was $14.83 Mil.

Ideanomics did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Ideanomics (LTS:0A4F) has a Interest Coverage of 0 (At Loss) as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ideanomics and its competitors.
Is Ideanomics' Interest Coverage too high?
Ideanomics' current Interest Coverage is 0 (At Loss). Overall, Ideanomics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ideanomics' Interest Coverage compare to CAT and DE?
Ideanomics' Interest Coverage of 0 (At Loss) can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Interest Coverage is 9.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.34, based on 169 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ideanomics and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideanomics's current Interest Coverage is 0 (At Loss). 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 (LTS:0A4F) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Ideanomics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ideanomics (LTS:0A4F), the current Interest Coverage is 0 (At Loss) 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.
12GF Score

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