Freightos Retained Earnings vs Common Stock Analysis

CRGOW Stock   0.16  0.03  20.69%   
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 Retained Earnings and its Common Stock 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.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freightos Limited Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Freightos Limited's Retained Earnings and Common Stock is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock 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 Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Freightos Limited Warrants are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Freightos Limited's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

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
Click cells to compare fundamentals

Freightos Limited Account Relationship Matchups

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