Freight Net Income Per Share vs Net Income Analysis

FRGT Stock

USD 1.46 0.01 0.68%

Freight Technologies financial indicator trend analysis is much more than just examining Freight Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freight Technologies is a good investment. Please check the relationship between Freight Technologies Net Income Per Share and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freight Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Freight Stock please use our How to Invest in Freight Technologies guide.

Net Income Per Share vs Net Income

Net Income Per Share vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freight Technologies Net Income Per Share account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Freight Technologies' Net Income Per Share and Net Income is 0.97. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of Freight Technologies, assuming nothing else is changed. The correlation between historical values of Freight Technologies' Net Income Per Share and Net 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 Net Income Per Share of Freight Technologies are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Freight Technologies' Net Income Per Share and Net Income go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income Per Share

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Freight Technologies financial statement analysis. It represents the amount of money remaining after all of Freight Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Freight Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freight Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freight Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Freight Stock please use our How to Invest in Freight Technologies guide.At this time, Freight Technologies' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 110.2 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	21.5M	25.9M	17.1M	16.4M
Depreciation And Amortization	3.2K	243.3K	404.6K	232.8K

Total Revenue Depreciation And Amortization

Freight Technologies fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Other Current Liab	Total Current Liabilities	Current Deferred Revenue	Accounts Payable	Good Will	Other Stockholder Equity	Total Current Assets	Short Term Debt	Short Long Term Debt Total
Total Assets		0.98	0.78	-0.94	0.79	0.76	0.54	-0.91	0.36	0.76	0.93	-0.11	-0.53	-0.97	-0.34	0.27	-0.21	0.15	0.21	-0.57	-0.6	0.18	0.49	0.77	0.46	-0.05
Total Stockholder Equity	0.98		0.67	-0.88	0.83	0.64	0.41	-0.95	0.5	0.64	0.97	-0.08	-0.59	-0.99	-0.52	0.13	-0.27	0.04	0.11	-0.67	-0.71	0.26	0.54	0.85	0.4	-0.12
Property Plant And Equipment Net	0.78	0.67		-0.91	0.53	0.99	0.89	-0.58	-0.28	0.99	0.51	-0.05	-0.29	-0.67	0.19	0.75	-0.05	0.12	0.12	-0.08	-0.13	0.04	0.14	0.22	0.18	0.04
Net Debt	-0.94	-0.88	-0.91		-0.68	-0.91	-0.76	0.78	-0.05	-0.91	-0.76	0.06	0.54	0.86	0.18	-0.54	0.09	-0.03	-0.07	0.45	0.4	-0.09	-0.41	-0.52	-0.24	0.19
Retained Earnings	0.79	0.83	0.53	-0.68		0.54	0.33	-0.93	0.5	0.54	0.8	0.11	-0.2	-0.89	-0.44	0.06	-0.65	-0.14	-0.08	-0.46	-0.82	0.6	0.09	0.76	0.27	0.26
Cash	0.76	0.64	0.99	-0.91	0.54		0.93	-0.55	-0.32	1.0	0.47	0.01	-0.23	-0.65	0.22	0.8	-0.08	0.08	0.09	-0.09	-0.12	0.08	0.1	0.18	0.15	0.03
Non Current Assets Total	0.54	0.41	0.89	-0.76	0.33	0.93		-0.29	-0.56	0.93	0.21	0.01	-0.13	-0.41	0.37	0.95	0.06	-0.02	-0.03	-0.02	0.06	-0.05	-0.03	-0.1	-0.06	-0.04
Non Currrent Assets Other	-0.91	-0.95	-0.58	0.78	-0.93	-0.55	-0.29		-0.59	-0.55	-0.94	0.1	0.48	0.97	0.56	-0.01	0.42	0.03	-0.02	0.6	0.84	-0.39	-0.35	-0.88	-0.36	-0.07
Other Assets	0.36	0.5	-0.28	-0.05	0.5	-0.32	-0.56	-0.59		-0.32	0.66	-0.09	-0.3	-0.51	-0.79	-0.78	-0.37	0.08	0.14	-0.62	-0.75	0.35	0.45	0.87	0.45	0.02
Cash And Short Term Investments	0.76	0.64	0.99	-0.91	0.54	1.0	0.93	-0.55	-0.32		0.47	0.01	-0.23	-0.65	0.22	0.8	-0.08	0.08	0.09	-0.09	-0.12	0.08	0.1	0.18	0.15	0.03
Net Receivables	0.93	0.97	0.51	-0.76	0.8	0.47	0.21	-0.94	0.66	0.47		-0.14	-0.56	-0.96	-0.58	-0.08	-0.28	0.14	0.21	-0.71	-0.76	0.24	0.58	0.94	0.53	-0.06
Common Stock Shares Outstanding	-0.11	-0.08	-0.05	0.06	0.11	0.01	0.01	0.1	-0.09	0.01	-0.14		0.42	0.06	0.02	0.0	-0.68	-0.25	-0.11	0.18	0.14	0.67	-0.14	-0.11	-0.11	0.02
Non Current Liabilities Total	-0.53	-0.59	-0.29	0.54	-0.2	-0.23	-0.13	0.48	-0.3	-0.23	-0.56	0.42		0.48	0.65	-0.03	-0.42	0.25	0.26	0.66	0.4	0.4	-0.62	-0.47	0.12	0.72
Other Current Assets	-0.97	-0.99	-0.67	0.86	-0.89	-0.65	-0.41	0.97	-0.51	-0.65	-0.96	0.06	0.48		0.47	-0.12	0.37	-0.08	-0.15	0.63	0.73	-0.34	-0.45	-0.86	-0.45	-0.01
Total Liab	-0.34	-0.52	0.19	0.18	-0.44	0.22	0.37	0.56	-0.79	0.22	-0.58	0.02	0.65	0.47		0.52	0.21	0.45	0.39	0.76	0.77	-0.21	-0.44	-0.71	0.09	0.44
Intangible Assets	0.27	0.13	0.75	-0.54	0.06	0.8	0.95	-0.01	-0.78	0.8	-0.08	0.0	-0.03	-0.12	0.52		0.2	-0.1	-0.13	0.17	0.27	-0.19	-0.22	-0.39	-0.25	-0.05
Common Stock	-0.21	-0.27	-0.05	0.09	-0.65	-0.08	0.06	0.42	-0.37	-0.08	-0.28	-0.68	-0.42	0.37	0.21	0.2		0.14	0.03	0.03	0.45	-0.95	0.24	-0.38	-0.19	-0.49
Other Current Liab	0.15	0.04	0.12	-0.03	-0.14	0.08	-0.02	0.03	0.08	0.08	0.14	-0.25	0.25	-0.08	0.45	-0.1	0.14		0.98	0.1	0.31	-0.1	0.35	0.13	0.87	0.33
Total Current Liabilities	0.21	0.11	0.12	-0.07	-0.08	0.09	-0.03	-0.02	0.14	0.09	0.21	-0.11	0.26	-0.15	0.39	-0.13	0.03	0.98		0.06	0.27	-0.02	0.39	0.2	0.92	0.32
Current Deferred Revenue	-0.57	-0.67	-0.08	0.45	-0.46	-0.09	-0.02	0.6	-0.62	-0.09	-0.71	0.18	0.66	0.63	0.76	0.17	0.03	0.1	0.06		0.69	-0.05	-0.62	-0.72	-0.2	0.48
Accounts Payable	-0.6	-0.71	-0.13	0.4	-0.82	-0.12	0.06	0.84	-0.75	-0.12	-0.76	0.14	0.4	0.73	0.77	0.27	0.45	0.31	0.27	0.69		-0.38	-0.13	-0.82	-0.12	-0.09
Good Will	0.18	0.26	0.04	-0.09	0.6	0.08	-0.05	-0.39	0.35	0.08	0.24	0.67	0.4	-0.34	-0.21	-0.19	-0.95	-0.1	-0.02	-0.05	-0.38		-0.11	0.34	0.16	0.37
Other Stockholder Equity	0.49	0.54	0.14	-0.41	0.09	0.1	-0.03	-0.35	0.45	0.1	0.58	-0.14	-0.62	-0.45	-0.44	-0.22	0.24	0.35	0.39	-0.62	-0.13	-0.11		0.57	0.44	-0.6
Total Current Assets	0.77	0.85	0.22	-0.52	0.76	0.18	-0.1	-0.88	0.87	0.18	0.94	-0.11	-0.47	-0.86	-0.71	-0.39	-0.38	0.13	0.2	-0.72	-0.82	0.34	0.57		0.55	-0.01
Short Term Debt	0.46	0.4	0.18	-0.24	0.27	0.15	-0.06	-0.36	0.45	0.15	0.53	-0.11	0.12	-0.45	0.09	-0.25	-0.19	0.87	0.92	-0.2	-0.12	0.16	0.44	0.55		0.38
Short Long Term Debt Total	-0.05	-0.12	0.04	0.19	0.26	0.03	-0.04	-0.07	0.02	0.03	-0.06	0.02	0.72	-0.01	0.44	-0.05	-0.49	0.33	0.32	0.48	-0.09	0.37	-0.6	-0.01	0.38

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Freight Technologies Account Relationship Matchups

Freight Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2M	6.6M	9.3M	10.4M	10.7M	16.1M
Total Stockholder Equity	(7.3M)	(1.1M)	(9.0M)	3.1M	2.6M	2.5M
Property Plant And Equipment Net	34.6K	56.1K	53.4K	27.6K	46.6K	47.5K
Net Debt	8.2M	2.4M	6.9M	2.3M	1.5M	1.6M
Retained Earnings	(7.7M)	(13.6M)	(21.8M)	(30.0M)	(39.3M)	(37.3M)
Cash	490.6K	2.8M	3.2M	1.0M	1.6M	1.5M
Non Current Assets Total	800.2K	492.6K	767.4K	956.9K	912.5K	804.9K
Non Currrent Assets Other	13.7K	7.8K	114.9K	172.2K	88.5K	92.9K
Other Assets	13.7K	7.8K	114.9K	172.2K	1.0	0.95
Cash And Short Term Investments	490.6K	2.8M	3.2M	1.0M	1.6M	1.5M
Net Receivables	880.6K	2.6M	4.1M	6.9M	6.3M	11.3M
Liabilities And Stockholders Equity	2.2M	6.6M	9.3M	10.4M	10.7M	16.1M
Non Current Liabilities Total	8.1M	3.9M	12.3M	5.3M	242.4K	230.3K
Other Current Assets	5.5M	715.5K	1.2M	1.6M	1.9M	2.0M
Total Liab	9.6M	7.8M	18.3M	7.3M	8.1M	8.8M
Accumulated Other Comprehensive Income	(1.5K)	630.0	(49.9K)	39.0K	491.9K	467.3K
Intangible Assets	751.8K	428.7K	599.0K	757.0K	777.5K	795.4K
Common Stock	11.0	22.0	23.0	181.2K	2.4M	2.5M
Other Current Liab	145.7K	764.5K	5.9M	1.4M	2.9M	2.1M
Total Current Liabilities	1.5M	3.8M	18.3M	7.3M	7.8M	7.4M
Accounts Payable	779.3K	1.7M	2.3M	2.0M	1.9M	1.4M
Other Stockholder Equity	416.1K	13.3M	13.1M	32.9M	39.0M	20.0M
Total Current Assets	1.4M	6.1M	8.5M	9.5M	9.8M	12.9M
Short Term Debt	527.7K	1.3M	10.0M	3.3M	2.8M	3.8M
Short Long Term Debt Total	8.6M	5.2M	10.0M	3.3M	3.1M	4.8M
Net Invested Capital	1.3M	4.1M	1.1M	6.5M	5.7M	3.8M
Short Long Term Debt	527.7K	1.3M	10.0M	3.3M	2.8M	3.3M
Capital Stock	11.0	144.0	152.0	182.6K	2.4M	2.5M
Net Working Capital	(13.8K)	2.3M	(9.7M)	2.2M	2.0M	2.1M

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