Ideanomics Probability Of Bankruptcy

IDEX
 Stock
  

USD 0.20  0.01  4.76%   

Ideanomics Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Ideanomics Probability Of Bankruptcy is determined by interpolating and adjusting Ideanomics Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Ideanomics balance sheet as well as cash flow and income statements available from the company's most recent filings. Please see Ideanomics Piotroski F Score and Ideanomics Altman Z Score analysis.
  
Ideanomics Revenue Per Employee is fairly stable at the moment as compared to the past year. Ideanomics reported Revenue Per Employee of 204,079 in 2021. Average Assets is likely to rise to about 630.4 M in 2022, whereas Net Income Per Employee is likely to drop (494.1 K) in 2022.

Ideanomics Probability Of Bankruptcy Analysis

Ideanomics' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2021 2022 (projected)
Receivables58.94 M63.6 M
Inventories5.54 M5.98 M
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Ideanomics Probability Of Bankruptcy

    
  27%  
Most of Ideanomics' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ideanomics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Ideanomics probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Ideanomics odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Ideanomics financial health.
Is Ideanomics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ideanomics. If investors know Ideanomics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ideanomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ideanomics is measured differently than its book value, which is the value of Ideanomics that is recorded on the company's balance sheet. Investors also form their own opinion of Ideanomics' value that differs from its market value or its book value, called intrinsic value, which is Ideanomics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ideanomics' market value can be influenced by many factors that don't directly affect Ideanomics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ideanomics' value and its price as these two are different measures arrived at by different means. Investors typically determine Ideanomics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ideanomics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ideanomics Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Ideanomics is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Ideanomics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ideanomics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ideanomics' interrelated accounts and indicators.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, Ideanomics has a Probability Of Bankruptcy of 27.0%. This is 36.59% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 32.21% higher than that of the company.

Ideanomics Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ideanomics' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ideanomics could also be used in its relative valuation, which is a method of valuing Ideanomics by comparing valuation metrics of similar companies.
Ideanomics is currently under evaluation in probability of bankruptcy category among related companies.

Ideanomics Main Bankruptcy Drivers

201720182019202020212022 (projected)
Return on Average Assets(18.85)(34.88)(88.33)(54.36)(72.33)(78.04)
Asset Turnover0.210.152.774.80.40.32
Gross Margin4.950.8496.737.6920.3617.52
Total Liabilities30.37 M48.73 M92.13 M46.57 M109.15 M117.76 M
Current Liabilities31.66 M29.93 M36.76 M13.06 M91.12 M98.31 M
Total Assets63.04 M94.24 M126.94 M234.41 M473.44 M510.81 M
Current Assets55.8 M45.07 M7.45 M179.76 M362.51 M391.13 M
Net Cash Flow from Operations(9.97 M)(20.16 M)(13.78 M)(41.47 M)(75.53 M)(77.52 M)
Weighted Average Shares61.18 M78.39 M119.77 M213.49 M447.83 M483.18 M
Weighted Average Shares Diluted61.18 M78.39 M119.77 M213.49 M447.83 M483.18 M

Ideanomics Fundamentals

About Ideanomics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ideanomics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ideanomics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ideanomics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia and the United States. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York. Ideanomics operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 559 people.

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Please see Ideanomics Piotroski F Score and Ideanomics Altman Z Score analysis. Note that the Ideanomics information on this page should be used as a complementary analysis to other Ideanomics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Ideanomics price analysis, check to measure Ideanomics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ideanomics is operating at the current time. Most of Ideanomics' value examination focuses on studying past and present price action to predict the probability of Ideanomics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ideanomics' price. Additionally, you may evaluate how the addition of Ideanomics to your portfolios can decrease your overall portfolio volatility.
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Is Ideanomics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ideanomics. If investors know Ideanomics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ideanomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ideanomics is measured differently than its book value, which is the value of Ideanomics that is recorded on the company's balance sheet. Investors also form their own opinion of Ideanomics' value that differs from its market value or its book value, called intrinsic value, which is Ideanomics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ideanomics' market value can be influenced by many factors that don't directly affect Ideanomics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ideanomics' value and its price as these two are different measures arrived at by different means. Investors typically determine Ideanomics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ideanomics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.