Freightos Net Invested Capital vs Total Current Liabilities Analysis

CRGOW Stock   0.15  0.03  16.67%   
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 Invested Capital and its Total Current Liabilities 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 Invested Capital vs Total Current Liabilities

Net Invested Capital vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freightos Limited Net Invested Capital account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Freightos Limited's Net Invested Capital and Total Current Liabilities is 0.46. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Liabilities 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 Invested Capital and Total Current Liabilities 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 Invested Capital of Freightos Limited Warrants are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Invested Capital i.e., Freightos Limited's Net Invested Capital and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Current Liabilities

Total Current Liabilities is an item on Freightos Limited balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Freightos Limited Warrants are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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