Freight Cash Ratio from 2010 to 2024

FRGT Stock  USD 1.46  0.01  0.68%   
Freight Technologies Cash Ratio yearly trend continues to be comparatively stable with very little volatility. Cash Ratio will likely drop to 0.19 in 2024. From the period from 2010 to 2024, Freight Technologies Cash Ratio quarterly data regression had r-value of (0.89) and coefficient of variation of  77.21. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.19976956
Current Value
0.19
Quarterly Volatility
1.57997888
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freight Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freight Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 232.8 K, Total Revenue of 16.4 M or Other Operating Expenses of 14.6 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0 or PTB Ratio of 1.45. Freight financial statements analysis is a perfect complement when working with Freight Technologies Valuation or Volatility modules.
  
Check out the analysis of Freight Technologies Correlation against competitors.
For more information on how to buy Freight Stock please use our How to Invest in Freight Technologies guide.

Latest Freight Technologies' Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Freight Technologies over the last few years. It is Freight Technologies' Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freight Technologies' overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Freight Cash Ratio Regression Statistics

Arithmetic Mean2.05
Geometric Mean1.13
Coefficient Of Variation77.21
Mean Deviation1.50
Median3.45
Standard Deviation1.58
Sample Variance2.50
Range3.3109
R-Value(0.89)
Mean Square Error0.54
R-Squared0.80
Slope(0.32)
Total Sum of Squares34.95

Freight Cash Ratio History

2024 0.19
2023 0.2
2022 0.14
2021 0.17
2020 0.72
2019 0.34
2018 1.34

About Freight Technologies Financial Statements

Freight Technologies shareholders use historical fundamental indicators, such as Cash Ratio, to determine how well the company is positioned to perform in the future. Although Freight Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Freight Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Freight Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Ratio 0.20  0.19 

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Additional Tools for Freight Stock Analysis

When running Freight Technologies' price analysis, check to measure Freight Technologies' 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 Freight Technologies is operating at the current time. Most of Freight Technologies' value examination focuses on studying past and present price action to predict the probability of Freight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freight Technologies' price. Additionally, you may evaluate how the addition of Freight Technologies to your portfolios can decrease your overall portfolio volatility.