Freightos Net Income From Continuing Ops vs Income Tax Expense Analysis

CRGOW Stock   0.18  0.00  0.00%   
Freightos Limited financial indicator trend analysis is much more than just examining Freightos Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freightos Limited is a good investment. Please check the relationship between Freightos Limited Net Income From Continuing Ops and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freightos Limited Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Income From Continuing Ops vs Income Tax Expense

Net Income From Continuing Ops vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freightos Limited Net Income From Continuing Ops account and Income Tax Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Freightos Limited's Net Income From Continuing Ops and Income Tax Expense is 0.88. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Freightos Limited Warrants, assuming nothing else is changed. The correlation between historical values of Freightos Limited's Net Income From Continuing Ops and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Freightos Limited Warrants are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income From Continuing Ops i.e., Freightos Limited's Net Income From Continuing Ops and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income From Continuing Ops

Income Tax Expense

Most indicators from Freightos Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freightos Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Freightos Limited Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Freightos Limited's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 210.1 M in 2024, despite the fact that Tax Provision is likely to grow to (80.8 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.1M2.4M2.8M2.1M
Interest Income150K194K3.2M3.3M

Freightos Limited fundamental ratios Correlations

-0.64-0.160.560.99-0.790.890.02-0.880.77-0.220.82-0.03-0.70.780.830.87-0.390.94-0.730.810.790.980.610.990.94
-0.640.190.05-0.710.17-0.340.750.47-0.02-0.54-0.12-0.740.54-0.9-0.18-0.18-0.06-0.540.0-0.33-0.43-0.540.0-0.68-0.39
-0.160.190.48-0.260.130.190.010.32-0.180.080.01-0.230.39-0.470.15-0.06-0.77-0.080.020.410.46-0.310.44-0.26-0.05
0.560.050.480.43-0.80.880.48-0.610.73-0.650.85-0.61-0.43-0.060.910.79-0.930.72-0.860.90.860.531.00.460.78
0.99-0.71-0.260.43-0.720.81-0.07-0.850.71-0.120.750.08-0.680.860.740.81-0.260.9-0.640.720.70.970.481.00.88
-0.790.170.13-0.8-0.72-0.89-0.460.94-0.930.73-0.950.460.79-0.32-0.94-0.930.53-0.910.98-0.77-0.7-0.83-0.83-0.74-0.95
0.89-0.340.190.880.81-0.890.28-0.830.84-0.470.95-0.36-0.610.420.980.94-0.740.94-0.890.970.940.860.90.830.97
0.020.750.010.48-0.07-0.460.28-0.170.64-0.90.54-0.970.07-0.480.450.5-0.320.1-0.610.20.050.150.46-0.030.28
-0.880.470.32-0.61-0.850.94-0.83-0.17-0.830.5-0.840.140.92-0.6-0.84-0.860.33-0.960.85-0.7-0.66-0.91-0.65-0.86-0.93
0.77-0.02-0.180.730.71-0.930.840.64-0.83-0.780.97-0.62-0.560.30.910.97-0.460.8-0.960.710.60.850.750.730.9
-0.22-0.540.08-0.65-0.120.73-0.47-0.90.5-0.78-0.70.870.340.32-0.64-0.650.4-0.390.82-0.36-0.24-0.34-0.64-0.16-0.52
0.82-0.120.010.850.75-0.950.950.54-0.840.97-0.7-0.57-0.590.310.980.99-0.640.88-0.980.860.780.860.870.770.96
-0.03-0.74-0.23-0.610.080.46-0.36-0.970.14-0.620.87-0.57-0.120.53-0.51-0.520.51-0.130.63-0.33-0.2-0.13-0.590.04-0.31
-0.70.540.39-0.43-0.680.79-0.610.070.92-0.560.34-0.59-0.12-0.55-0.61-0.590.16-0.840.64-0.49-0.48-0.71-0.47-0.69-0.74
0.78-0.9-0.47-0.060.86-0.320.42-0.48-0.60.30.320.310.53-0.550.30.40.180.61-0.180.330.360.750.00.840.53
0.83-0.180.150.910.74-0.940.980.45-0.840.91-0.640.98-0.51-0.610.30.97-0.740.91-0.960.930.870.830.930.760.96
0.87-0.18-0.060.790.81-0.930.940.5-0.860.97-0.650.99-0.52-0.590.40.97-0.570.89-0.950.840.760.90.810.830.96
-0.39-0.06-0.77-0.93-0.260.53-0.74-0.320.33-0.460.4-0.640.510.160.18-0.74-0.57-0.520.62-0.86-0.85-0.3-0.91-0.27-0.58
0.94-0.54-0.080.720.9-0.910.940.1-0.960.8-0.390.88-0.13-0.840.610.910.89-0.52-0.840.860.840.920.760.910.98
-0.730.00.02-0.86-0.640.98-0.89-0.610.85-0.960.82-0.980.630.64-0.18-0.96-0.950.62-0.84-0.79-0.7-0.78-0.88-0.67-0.91
0.81-0.330.410.90.72-0.770.970.2-0.70.71-0.360.86-0.33-0.490.330.930.84-0.860.86-0.790.990.730.920.730.89
0.79-0.430.460.860.7-0.70.940.05-0.660.6-0.240.78-0.2-0.480.360.870.76-0.850.84-0.70.990.690.880.710.84
0.98-0.54-0.310.530.97-0.830.860.15-0.910.85-0.340.86-0.13-0.710.750.830.9-0.30.92-0.780.730.690.570.980.94
0.610.00.441.00.48-0.830.90.46-0.650.75-0.640.87-0.59-0.470.00.930.81-0.910.76-0.880.920.880.570.510.82
0.99-0.68-0.260.461.0-0.740.83-0.03-0.860.73-0.160.770.04-0.690.840.760.83-0.270.91-0.670.730.710.980.510.9
0.94-0.39-0.050.780.88-0.950.970.28-0.930.9-0.520.96-0.31-0.740.530.960.96-0.580.98-0.910.890.840.940.820.9
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Freightos Limited Account Relationship Matchups

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