Freight Technologies Inc Net Assets
Freight Technologies Inc net assets. Based on the latest financial reports, Freight Technologies Inc (FRGT) has net assets worth $6.28 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.20 Million) and total liabilities ($5.92 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Freight Technologies Inc (FRGT) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.28 Million |
| % of Total Assets | 51.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | -203.74% |
| 10-Year Change | N/A |
| Growth Volatility | 503.55 |
Net Assets of Freight Technologies Inc (2015–2024)
Net assets of Freight Technologies Inc from 2015 to 2024. This chart illustrates how Freight Technologies Inc's net assets have evolved over time, based on quarterly financial data. See Freight Technologies Inc net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Freight Technologies Inc (2015–2024)
The table below shows the annual net assets of Freight Technologies Inc from 2015 to 2024. For live market cap and overall valuation, see market value of Freight Technologies Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-654.76K | -124.92% |
| 2023-12-31 | $2.63 Million | -16.11% |
| 2022-12-31 | $3.13 Million | +134.90% |
| 2021-12-31 | $-8.97 Million | -1521.46% |
| 2020-12-31 | $631.14K | -74.96% |
| 2019-12-31 | $2.52 Million | -96.12% |
| 2018-12-31 | $64.88 Million | -8.77% |
| 2017-12-31 | $71.12 Million | +180.10% |
| 2016-12-31 | $25.39 Million | -10.37% |
| 2015-12-31 | $28.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freight Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1016.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Freight Technologies Inc Net Assets Breakdown (December 2024)
Freight Technologies Inc net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $308.00 | % |
| Other Comprehensive Income | $-1.25 Million | % |
| Other Components | $45.51 Million | % |
| Total Equity | $-654.76K | 100.00% |
Freight Technologies Inc Competitors by Market Cap
The table below lists competitors of Freight Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vastra Hamnens Restaurangdrift Ab
ST:VH
|
$1.67 Million |
|
Dragon Mountain Gold Ltd
AU:DMG
|
$1.68 Million |
|
Cobra Venture Corp
V:CBV
|
$1.68 Million |
|
Strategic Minerals Plc
LSE:SML
|
$1.68 Million |
|
Eurocell PLC
LSE:ECEL
|
$1.67 Million |
|
JINGRUI HLDGS LTD DL-01
F:9JW
|
$1.67 Million |
|
TROC DE L'ILE SA
PA:MLTRO
|
$1.67 Million |
|
TECIL Chemicals and Hydro Power Limited
NSE:TECILCHEM
|
$1.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freight Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,626,981 to -654,760, a change of -3,281,741 (-124.9%).
- Net loss of 5,601,227 reduced equity.
- New share issuances of 3,079,016 increased equity.
- Other comprehensive income decreased equity by 1,740,552.
- Other factors increased equity by 981,022.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.60 Million | -855.46% |
| Share Issuances | $3.08 Million | +470.25% |
| Other Comprehensive Income | $-1.74 Million | -265.83% |
| Other Changes | $981.02K | +149.83% |
| Total Change | $- | -124.92% |
Book Value vs Market Value Analysis
This analysis compares Freight Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $155788.09 | $1.07 | x |
| 2016-12-31 | $139639.99 | $1.07 | x |
| 2017-12-31 | $374648.49 | $1.07 | x |
| 2018-12-31 | $322727.41 | $1.07 | x |
| 2019-12-31 | $12535.34 | $1.07 | x |
| 2020-12-31 | $2167.47 | $1.07 | x |
| 2021-12-31 | $-13593.17 | $1.07 | x |
| 2022-12-31 | $801.91 | $1.07 | x |
| 2023-12-31 | $219.54 | $1.07 | x |
| 2024-12-31 | $-2.87 | $1.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freight Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.80%
- • Asset Turnover: 2.41x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-441.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 19.81% | 57.68% | 0.32x | 1.08x | $2.78 Million |
| 2016 | 54.70% | 74.60% | 0.62x | 1.18x | $11.35 Million |
| 2017 | 33.82% | 95.75% | 0.32x | 1.11x | $16.94 Million |
| 2018 | -5.89% | -18.29% | 0.31x | 1.03x | $-10.31 Million |
| 2019 | -2460.05% | -1742.08% | 0.64x | 2.21x | $-62.25 Million |
| 2020 | -1437.92% | -2482.10% | 0.10x | 5.68x | $-9.14 Million |
| 2021 | 0.00% | -38.19% | 2.31x | 0.00x | $-7.30 Million |
| 2022 | -261.45% | -31.62% | 2.49x | 3.33x | $-8.50 Million |
| 2023 | -355.07% | -54.67% | 1.70x | 3.82x | $-9.59 Million |
| 2024 | 0.00% | -40.80% | 2.41x | 0.00x | $-5.54 Million |
Industry Comparison
This section compares Freight Technologies Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,409,203,918
- Average return on equity (ROE) among peers: 3.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freight Technologies Inc (FRGT) | $6.28 Million | 19.81% | 0.94x | $1.67 Million |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $99.47 Billion |
| ADEIA CORP (ADEA) | $21.51 Million | 30.40% | 0.12x | $2.36 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $107.69 Billion |
| Autodesk Inc (ADSK) | $1.15 Billion | 71.88% | 7.24x | $48.93 Billion |
| AudioEye Inc (AEYE) | $5.33 Million | -54.09% | 0.18x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.95 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $7.86 Million | -10.63% | 1.20x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $14.21 Million |
| PowerFleet, Inc. (AIOT) | $20.57 Million | -48.38% | 1.16x | $387.91 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-6.63 Million | 0.00% | 0.00x | $8.14 Million |
About Freight Technologies Inc
Freight Technologies, Inc., through its subsidiary, operates as a technology company that engages in the freight management business in the United States and Mexico. It offers Fr8App platform for over-the-road business-to-business cross-border shipping; Fr8Now, a specialized service for less than truckload shipping; Fr8Fleet, a capacity service for enterprise clients; Waavely, a digital platform … Read more