Freight Technologies Stock Cash Per Share

FRGT Stock  USD 1.43  0.01  0.70%   
Freight Technologies fundamentals help investors to digest information that contributes to Freight Technologies' financial success or failures. It also enables traders to predict the movement of Freight Stock. The fundamental analysis module provides a way to measure Freight Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Freight Technologies stock.
Last ReportedProjected for Next Year
Cash Per Share 32.59  27.32 
Cash Per Share is likely to drop to 27.32 in 2024.
  
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Freight Technologies Company Cash Per Share Analysis

Freight Technologies' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Freight Technologies Cash Per Share

    
  0.07 X  
Most of Freight Technologies' fundamental indicators, such as Cash Per Share, 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, Freight Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Freight Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Freight Technologies is extremely important. It helps to project a fair market value of Freight Stock properly, considering its historical fundamentals such as Cash Per Share. Since Freight Technologies' 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 Freight Technologies' 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 Freight Technologies' interrelated accounts and indicators.
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Freight Cash Per Share Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Freight Technologies cash per share as a starting point in their analysis.
   Freight Technologies Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Freight Common Stock Shares Outstanding

Common Stock Shares Outstanding

1.26 Million

At this time, Freight Technologies' Common Stock Shares Outstanding is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Freight Technologies has a Cash Per Share of 0.07 times. This is 98.01% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The cash per share for all United States stocks is 98.6% higher than that of the company.

Freight Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freight Technologies' direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Freight Technologies could also be used in its relative valuation, which is a method of valuing Freight Technologies by comparing valuation metrics of similar companies.
Freight Technologies is currently under evaluation in cash per share category among its peers.

Freight Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Freight Technologies from analyzing Freight Technologies' financial statements. These drivers represent accounts that assess Freight Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Freight Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap6.2B5.8B3.0B223.9M4.4M4.2M
Enterprise Value6.2B5.8B3.0B226.2M5.9M5.6M

Freight Fundamentals

About Freight Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Freight Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freight Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freight Technologies 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.