Freight Total Stockholder Equity vs Net Invested Capital 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 Total Stockholder Equity and its Net Invested Capital 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.

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freight Technologies Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Freight Technologies' Total Stockholder Equity and Net Invested Capital is -0.27. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital 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' Total Stockholder Equity and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Freight Technologies are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Freight Technologies' Total Stockholder Equity and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Revenue21.5M25.9M17.1M16.4M
Depreciation And Amortization3.2K243.3K404.6K232.8K

Freight Technologies fundamental ratios Correlations

0.980.78-0.940.790.760.54-0.910.360.760.93-0.11-0.53-0.97-0.340.27-0.210.150.21-0.57-0.60.180.490.770.46-0.05
0.980.67-0.880.830.640.41-0.950.50.640.97-0.08-0.59-0.99-0.520.13-0.270.040.11-0.67-0.710.260.540.850.4-0.12
0.780.67-0.910.530.990.89-0.58-0.280.990.51-0.05-0.29-0.670.190.75-0.050.120.12-0.08-0.130.040.140.220.180.04
-0.94-0.88-0.91-0.68-0.91-0.760.78-0.05-0.91-0.760.060.540.860.18-0.540.09-0.03-0.070.450.4-0.09-0.41-0.52-0.240.19
0.790.830.53-0.680.540.33-0.930.50.540.80.11-0.2-0.89-0.440.06-0.65-0.14-0.08-0.46-0.820.60.090.760.270.26
0.760.640.99-0.910.540.93-0.55-0.321.00.470.01-0.23-0.650.220.8-0.080.080.09-0.09-0.120.080.10.180.150.03
0.540.410.89-0.760.330.93-0.29-0.560.930.210.01-0.13-0.410.370.950.06-0.02-0.03-0.020.06-0.05-0.03-0.1-0.06-0.04
-0.91-0.95-0.580.78-0.93-0.55-0.29-0.59-0.55-0.940.10.480.970.56-0.010.420.03-0.020.60.84-0.39-0.35-0.88-0.36-0.07
0.360.5-0.28-0.050.5-0.32-0.56-0.59-0.320.66-0.09-0.3-0.51-0.79-0.78-0.370.080.14-0.62-0.750.350.450.870.450.02
0.760.640.99-0.910.541.00.93-0.55-0.320.470.01-0.23-0.650.220.8-0.080.080.09-0.09-0.120.080.10.180.150.03
0.930.970.51-0.760.80.470.21-0.940.660.47-0.14-0.56-0.96-0.58-0.08-0.280.140.21-0.71-0.760.240.580.940.53-0.06
-0.11-0.08-0.050.060.110.010.010.1-0.090.01-0.140.420.060.020.0-0.68-0.25-0.110.180.140.67-0.14-0.11-0.110.02
-0.53-0.59-0.290.54-0.2-0.23-0.130.48-0.3-0.23-0.560.420.480.65-0.03-0.420.250.260.660.40.4-0.62-0.470.120.72
-0.97-0.99-0.670.86-0.89-0.65-0.410.97-0.51-0.65-0.960.060.480.47-0.120.37-0.08-0.150.630.73-0.34-0.45-0.86-0.45-0.01
-0.34-0.520.190.18-0.440.220.370.56-0.790.22-0.580.020.650.470.520.210.450.390.760.77-0.21-0.44-0.710.090.44
0.270.130.75-0.540.060.80.95-0.01-0.780.8-0.080.0-0.03-0.120.520.2-0.1-0.130.170.27-0.19-0.22-0.39-0.25-0.05
-0.21-0.27-0.050.09-0.65-0.080.060.42-0.37-0.08-0.28-0.68-0.420.370.210.20.140.030.030.45-0.950.24-0.38-0.19-0.49
0.150.040.12-0.03-0.140.08-0.020.030.080.080.14-0.250.25-0.080.45-0.10.140.980.10.31-0.10.350.130.870.33
0.210.110.12-0.07-0.080.09-0.03-0.020.140.090.21-0.110.26-0.150.39-0.130.030.980.060.27-0.020.390.20.920.32
-0.57-0.67-0.080.45-0.46-0.09-0.020.6-0.62-0.09-0.710.180.660.630.760.170.030.10.060.69-0.05-0.62-0.72-0.20.48
-0.6-0.71-0.130.4-0.82-0.120.060.84-0.75-0.12-0.760.140.40.730.770.270.450.310.270.69-0.38-0.13-0.82-0.12-0.09
0.180.260.04-0.090.60.08-0.05-0.390.350.080.240.670.4-0.34-0.21-0.19-0.95-0.1-0.02-0.05-0.38-0.110.340.160.37
0.490.540.14-0.410.090.1-0.03-0.350.450.10.58-0.14-0.62-0.45-0.44-0.220.240.350.39-0.62-0.13-0.110.570.44-0.6
0.770.850.22-0.520.760.18-0.1-0.880.870.180.94-0.11-0.47-0.86-0.71-0.39-0.380.130.2-0.72-0.820.340.570.55-0.01
0.460.40.18-0.240.270.15-0.06-0.360.450.150.53-0.110.12-0.450.09-0.25-0.190.870.92-0.2-0.120.160.440.550.38
-0.05-0.120.040.190.260.03-0.04-0.070.020.03-0.060.020.72-0.010.44-0.05-0.490.330.320.48-0.090.37-0.6-0.010.38
Click cells to compare fundamentals

Freight Technologies Account Relationship Matchups

Freight Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M6.6M9.3M10.4M10.7M16.1M
Total Stockholder Equity(7.3M)(1.1M)(9.0M)3.1M2.6M2.5M
Property Plant And Equipment Net34.6K56.1K53.4K27.6K46.6K47.5K
Net Debt8.2M2.4M6.9M2.3M1.5M1.6M
Retained Earnings(7.7M)(13.6M)(21.8M)(30.0M)(39.3M)(37.3M)
Cash490.6K2.8M3.2M1.0M1.6M1.5M
Non Current Assets Total800.2K492.6K767.4K956.9K912.5K804.9K
Non Currrent Assets Other13.7K7.8K114.9K172.2K88.5K92.9K
Other Assets13.7K7.8K114.9K172.2K1.00.95
Cash And Short Term Investments490.6K2.8M3.2M1.0M1.6M1.5M
Net Receivables880.6K2.6M4.1M6.9M6.3M11.3M
Liabilities And Stockholders Equity2.2M6.6M9.3M10.4M10.7M16.1M
Non Current Liabilities Total8.1M3.9M12.3M5.3M242.4K230.3K
Other Current Assets5.5M715.5K1.2M1.6M1.9M2.0M
Total Liab9.6M7.8M18.3M7.3M8.1M8.8M
Accumulated Other Comprehensive Income(1.5K)630.0(49.9K)39.0K491.9K467.3K
Intangible Assets751.8K428.7K599.0K757.0K777.5K795.4K
Common Stock11.022.023.0181.2K2.4M2.5M
Other Current Liab145.7K764.5K5.9M1.4M2.9M2.1M
Total Current Liabilities1.5M3.8M18.3M7.3M7.8M7.4M
Accounts Payable779.3K1.7M2.3M2.0M1.9M1.4M
Other Stockholder Equity416.1K13.3M13.1M32.9M39.0M20.0M
Total Current Assets1.4M6.1M8.5M9.5M9.8M12.9M
Short Term Debt527.7K1.3M10.0M3.3M2.8M3.8M
Short Long Term Debt Total8.6M5.2M10.0M3.3M3.1M4.8M
Net Invested Capital1.3M4.1M1.1M6.5M5.7M3.8M
Short Long Term Debt527.7K1.3M10.0M3.3M2.8M3.3M
Capital Stock11.0144.0152.0182.6K2.4M2.5M
Net Working Capital(13.8K)2.3M(9.7M)2.2M2.0M2.1M

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Additional Tools for Freight Stock Analysis

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