Ideanomics Inc FCF yield
What is the FCF yield of Ideanomics Inc?
The FCF yield of Ideanomics Inc is -54.25%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Technology sector on NASDAQ compared to Ideanomics Inc
What does Ideanomics Inc do?
ideanomics, inc. focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. its mobile energy global division provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs. this division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. the company's ideanomics capital division provides financial services solutions. this division is involved in the areas of capital markets, such as financial products advisory and creation, with specific focus on the application of blockchain and artificial intelligence in financial technology. this division also operates ekar, an exchange traded fund that tracks the innovation labs next generation vehicles index, which comprises of global stocks that have exposure to the theme of electr
Companies with fcf yield similar to Ideanomics Inc
- Hawkeye Gold & Diamond has FCF yield of -54.60%
- Sable Resources has FCF yield of -54.51%
- Eagle Mountain Mining has FCF yield of -54.44%
- UGE International has FCF yield of -54.38%
- Aravive Inc has FCF yield of -54.30%
- Astrotech Corp has FCF yield of -54.30%
- Ideanomics Inc has FCF yield of -54.25%
- Karyopharm Therapeutics Inc has FCF yield of -54.25%
- Numinus Wellness Inc has FCF yield of -54.25%
- QC Copper and Gold has FCF yield of -54.15%
- Teixeira Duarte, S.A has FCF yield of -54.11%
- Bank of Ireland Plc has FCF yield of -54.09%
- Scorpio Gold has FCF yield of -53.99%