Freightos Other Operating Expenses vs Interest Income 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 Other Operating Expenses and its Interest Income 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.

Other Operating Expenses vs Interest Income

Other Operating Expenses vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freightos Limited Other Operating Expenses account and Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Freightos Limited's Other Operating Expenses and Interest Income is 0.86. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Interest Income 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 Other Operating Expenses and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Freightos Limited Warrants are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Other Operating Expenses i.e., Freightos Limited's Other Operating Expenses and Interest Income go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Freightos Limited. It is also known as Freightos Limited overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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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