Freight Technologies Balance Sheet Health
Financial Health criteria checks 0/6
Freight Technologies has a total shareholder equity of $-32.4K and total debt of $5.7M, which brings its debt-to-equity ratio to -17763.5%. Its total assets and total liabilities are $9.0M and $9.1M respectively.
Key information
-17,763.5%
Debt to equity ratio
US$5.75m
Debt
| Interest coverage ratio | n/a |
| Cash | US$460.58k |
| Equity | -US$32.36k |
| Total liabilities | US$9.06m |
| Total assets | US$9.03m |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Freight Technologies, Inc.'s (NASDAQ:FRGT) Price
Jan 13
With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
Sep 12What You Can Learn From Freight Technologies, Inc.'s (NASDAQ:FRGT) P/S After Its 43% Share Price Crash
Jun 20With A 43% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
May 06With A 27% Price Drop For Freight Technologies, Inc. (NASDAQ:FRGT) You'll Still Get What You Pay For
Mar 22Freight Technologies, Inc. (NASDAQ:FRGT) Doing What It Can To Lift Shares
Jan 18It's Down 25% But Freight Technologies, Inc. (NASDAQ:FRGT) Could Be Riskier Than It Looks
Jun 13Freight Technologies lowers 2022 revenue forecast
Aug 26Freight technologies’ Fr8App upgrades its electronic data interchange
Jul 12Financial Position Analysis
Short Term Liabilities: FRGT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FRGT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FRGT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FRGT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FRGT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FRGT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.1% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 08:01 |
| End of Day Share Price | 2025/01/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Freight Technologies, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Dobson | Chardan Capital Markets, LLC |