Freight Technologies Inc (FRGT) - Total Assets
Based on the latest financial reports, Freight Technologies Inc (FRGT) holds total assets worth $12.20 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Freight Technologies Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Freight Technologies Inc - Total Assets Trend (2015–2024)
This chart illustrates how Freight Technologies Inc's total assets have evolved over time, based on quarterly financial data. See Freight Technologies Inc net assets for net asset value and shareholders' equity analysis.
Freight Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Freight Technologies Inc's total assets of $12.20 Million consist of 88.7% current assets and 11.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $4.05 Million | 71.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $579.65K | 10.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Freight Technologies Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Freight Technologies Inc stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Freight Technologies Inc's current assets represent 88.7% of total assets in 2024, a decrease from 99.1% in 2015.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, up from 1.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 71.2% of total assets.
Freight Technologies Inc Competitors by Total Assets
Key competitors of Freight Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Auddia Inc
NASDAQ:AUUD
|
USA | $5.20 Million |
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Guotai Epoint Software Co Ltd
SHG:688232
|
China | CN¥6.36 Billion |
|
Shandong Shanda Oumasoft CO.LTD.
SHE:301185
|
China | CN¥1.13 Billion |
|
Socar Inc.
KO:403550
|
Korea | ₩637.24 Billion |
|
ButOne Information Corp XiAn
SHG:600455
|
China | CN¥1.39 Billion |
Freight Technologies Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.95 | 0.80 | 1.59 |
| Quick Ratio | 0.95 | 0.80 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-323.95K | $-1.30 Million | $2.27 Million |
Freight Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Freight Technologies Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.28 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -43.3% |
| Total Assets | $5.69 Million |
| Market Capitalization | $1.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Freight Technologies Inc's assets below their book value (0.31x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Freight Technologies Inc's assets decreased by 43.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Freight Technologies Inc (2015–2024)
The table below shows the annual total assets of Freight Technologies Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.69 Million | -43.31% |
| 2023-12-31 | $10.04 Million | -3.63% |
| 2022-12-31 | $10.42 Million | +12.13% |
| 2021-12-31 | $9.29 Million | +159.24% |
| 2020-12-31 | $3.58 Million | -35.66% |
| 2019-12-31 | $5.57 Million | -91.67% |
| 2018-12-31 | $66.85 Million | -15.60% |
| 2017-12-31 | $79.20 Million | +165.31% |
| 2016-12-31 | $29.85 Million | -2.58% |
| 2015-12-31 | $30.64 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