Freight Technologies Financials

FRGT Stock  USD 1.43  0.01  0.70%   
Based on the key indicators related to Freight Technologies' liquidity, profitability, solvency, and operating efficiency, Freight Technologies is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Freight Technologies' Total Liabilities is comparatively stable compared to the past year. Intangible Assets is likely to gain to about 795.4 K in 2024, whereas Cash is likely to drop slightly above 1.5 M in 2024. Key indicators impacting Freight Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.191.2506
Notably Down
Slightly volatile
The financial analysis of Freight Technologies is a critical element in measuring its lifeblood. Investors should not minimize Freight Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(8.86 Million)

  
Understanding current and past Freight Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Freight Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Freight Technologies' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Freight Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Freight Technologies. Check Freight Technologies' Beneish M Score to see the likelihood of Freight Technologies' management manipulating its earnings.

Freight Technologies Stock Summary

Freight Technologies competes with Alkami Technology, Paycor HCM, Procore Technologies, and Enfusion. Freight Technologies, Inc. operates as a transportation logistics technology platform company. Freight Technologies, Inc. was incorporated in 2015 and is headquartered in The Woodlands, Texas. Freight Technologies operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 90 people.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINVGG514131058
CUSIPG2120A101 G51413113 G4645C109 G4645C208 G51413105 G4645C117 G51413121 G51413139
LocationTexas; U.S.A
Business Address2001 Timberloch Place,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitefr8technologies.com
Phone773 905 5076
CurrencyUSD - US Dollar

Freight Technologies Key Financial Ratios

Freight Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.2M6.6M9.3M10.4M10.7M16.1M
Net Debt8.2M2.4M6.9M2.3M1.5M1.6M
Retained Earnings(7.7M)(13.6M)(21.8M)(30.0M)(39.3M)(37.3M)
Cash490.6K2.8M3.2M1.0M1.6M1.5M
Other Assets13.7K7.8K114.9K172.2K1.00.95
Net Receivables880.6K2.6M4.1M6.9M6.3M11.3M
Other Current Assets5.5M715.5K1.2M1.6M1.9M2.0M
Total Liab9.6M7.8M18.3M7.3M8.1M8.8M
Intangible Assets751.8K428.7K599.0K757.0K777.5K795.4K
Common Stock11.022.023.0181.2K2.4M2.5M
Other Current Liab145.7K764.5K5.9M1.4M2.9M2.1M
Accounts Payable779.3K1.7M2.3M2.0M1.9M1.4M
Total Current Assets1.4M6.1M8.5M9.5M9.8M12.9M
Short Term Debt527.7K1.3M10.0M3.3M2.8M3.8M
Net Invested Capital1.3M4.1M1.1M6.5M5.7M3.8M
Short Long Term Debt527.7K1.3M10.0M3.3M2.8M3.3M
Capital Stock11.0144.0152.0182.6K2.4M2.5M
Net Working Capital(13.8K)2.3M(9.7M)2.2M2.0M2.1M

Freight Technologies Key Income Statement Accounts

The reason investors look at the income statement is to determine what Freight Technologies' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue4.2M9.2M21.5M25.9M17.1M16.4M
Gross Profit331.1K794.4K1.9M2.3M(5.0M)(4.8M)
Operating Income(3.1M)(4.7M)(4.8M)(7.1M)(8.3M)(7.8M)
Ebit(3.1M)(4.7M)(4.8M)(7.2M)(8.4M)(8.0M)
Ebitda(2.4M)(4.7M)(4.8M)(6.9M)(8.0M)(7.6M)
Cost Of Revenue3.8M8.4M19.6M23.6M22.1M23.2M
Income Before Tax(3.5M)(5.8M)(8.2M)(8.1M)(9.2M)(8.8M)
Net Income(3.5M)(5.9M)(8.2M)(8.2M)(9.3M)(8.9M)
Income Tax Expense10.0K23.1K40.3K90.5K104.9K99.7K
Tax Provision10.0K23.1K40.3K90.5K104.9K110.2K
Net Interest Income(428.7K)(334.2K)(1.1M)(907.0K)(807.9K)(848.3K)
Interest Expense428.8K334.2K1.1M907.0K807.9K725.0K

Freight Technologies Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(418.6K)2.5M386.5K(2.3M)547.1K519.8K
Free Cash Flow(2.7M)(3.6M)(6.4M)(8.9M)(6.2M)(5.8M)
Depreciation660.0K531.0K302.1K243.3K404.6K334.0K
Other Non Cash Items(1.4M)1.5M906.3K1.2M233.0K221.4K
Capital Expenditures414.6K227.7K470.4K380.6K363.4K306.2K
Net Income(3.5M)(5.9M)(8.2M)(8.2M)(9.3M)(8.9M)
End Period Cash Flow490.6K2.9M3.3M1.0M1.6M1.5M
Investments(414.6K)(227.7K)(470.4K)(380.6K)(363.4K)(381.5K)
Change To Netincome323.7K2.4M2.8M1.6M1.9M1.6M

Freight Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Freight Technologies's current stock value. Our valuation model uses many indicators to compare Freight Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Freight Technologies competition to find correlations between indicators driving Freight Technologies's intrinsic value. More Info.
Freight Technologies is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers . At this time, Freight Technologies' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Freight Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Freight Technologies Systematic Risk

Freight Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Freight Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Freight Technologies correlated with the market. If Beta is less than 0 Freight Technologies generally moves in the opposite direction as compared to the market. If Freight Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Freight Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Freight Technologies is generally in the same direction as the market. If Beta > 1 Freight Technologies moves generally in the same direction as, but more than the movement of the benchmark.

Freight Technologies Thematic Clasifications

Freight Technologies is part of several thematic ideas from Software to Data Storage. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Freight Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Freight Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Freight Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(5.4E-4)

At this time, Freight Technologies' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Freight Technologies November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Freight Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Freight Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Freight Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Freight Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Freight Technologies's daily price indicators and compare them against related drivers.

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.