Freight Technologies (FRGT) Debt Ratio (2020 - 2023)
Historic Debt Ratio for Freight Technologies (FRGT) over the last 4 years, with Q4 2023 value amounting to 0.26.
- Freight Technologies' Debt Ratio fell 1784.34% to 0.26 in Q4 2023 from the same period last year, while for Dec 2023 it was 0.26, marking a year-over-year decrease of 1784.34%. This contributed to the annual value of 0.26 for FY2023, which is 1784.34% down from last year.
- As of Q4 2023, Freight Technologies' Debt Ratio stood at 0.26, which was down 1784.34% from 0.32 recorded in Q4 2022.
- Freight Technologies' 5-year Debt Ratio high stood at 0.32 for Q4 2022, and its period low was 0.1 during Q4 2020.
- For the 4-year period, Freight Technologies' Debt Ratio averaged around 0.22, with its median value being 0.23 (2023).
- Its Debt Ratio has fluctuated over the past 5 years, first skyrocketed by 8648.01% in 2021, then plummeted by 1784.34% in 2023.
- Quarter analysis of 4 years shows Freight Technologies' Debt Ratio stood at 0.1 in 2020, then surged by 86.48% to 0.19 in 2021, then skyrocketed by 72.37% to 0.32 in 2022, then dropped by 17.84% to 0.26 in 2023.
- Its Debt Ratio was 0.26 in Q4 2023, compared to 0.32 in Q4 2022 and 0.19 in Q4 2021.