Freight Technologies (FRGT) Debt Ratio (2016 - 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.
- Freight Technologies' Debt Ratio amounted to 0.26 in Q4 2023, 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.
- Its 4-year average for Debt Ratio is 0.22, with a median of 0.23 in 2023.
- Per our database at Business Quant, Freight Technologies' Debt Ratio soared by 8648.01% in 2021 and then crashed by 1784.34% in 2023.
- Quarter analysis of 4 years shows Freight Technologies' Debt Ratio stood at 0.1 in 2020, then skyrocketed by 86.48% to 0.19 in 2021, then soared by 72.37% to 0.32 in 2022, then fell by 17.84% to 0.26 in 2023.
- Its Debt Ratio stands at 0.26 for Q4 2023, versus 0.32 for Q4 2022 and 0.19 for Q4 2021.