Freightos Current Deferred Revenue from 2010 to 2024

CRGO Stock   2.07  0.02  0.98%   
Freightos Limited Current Deferred Revenue yearly trend continues to be very stable with very little volatility. Current Deferred Revenue is likely to drop to about 2 M. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2010-12-31
Previous Quarter
2.3 M
Current Value
M
Quarterly Volatility
540.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freightos Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freightos Limited's main balance sheet or income statement drivers, such as Tax Provision of 114.2 K, Net Interest Income of 2.1 M or Interest Income of 2.4 M, as well as many indicators such as Price To Sales Ratio of 7.0, Dividend Yield of 0.0 or PTB Ratio of 1.97. Freightos financial statements analysis is a perfect complement when working with Freightos Limited Valuation or Volatility modules.
  
Check out the analysis of Freightos Limited Correlation against competitors.

Latest Freightos Limited's Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Freightos Limited Ordinary over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Freightos Limited's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freightos Limited's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Slightly volatile
   Current Deferred Revenue   
       Timeline  

Freightos Current Deferred Revenue Regression Statistics

Arithmetic Mean1,188,350
Geometric Mean1,097,975
Coefficient Of Variation45.49
Mean Deviation458,113
Median876,000
Standard Deviation540,617
Sample Variance292.3B
Range1.4M
R-Value0.76
Mean Square Error132.2B
R-Squared0.58
Significance0.001
Slope92,071
Total Sum of Squares4.1T

Freightos Current Deferred Revenue History

2024M
20232.3 M
20221.9 M
20212.1 M

About Freightos Limited Financial Statements

Freightos Limited investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Freightos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.3 MM

Pair Trading with Freightos Limited

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Freightos Limited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Freightos Limited will appreciate offsetting losses from the drop in the long position's value.

Moving together with Freightos Stock

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Moving against Freightos Stock

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The ability to find closely correlated positions to Freightos Limited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freightos Limited when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Freightos Limited - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Freightos Limited Ordinary to buy it.
The correlation of Freightos Limited is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freightos Limited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freightos Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Freightos Limited can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Freightos Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freightos Limited's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freightos Limited Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freightos Limited Ordinary Stock:
Check out the analysis of Freightos Limited Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freightos Limited. If investors know Freightos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freightos Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.30)
Revenue Per Share
0.445
Quarterly Revenue Growth
0.111
Return On Assets
(0.17)
Return On Equity
(0.29)
The market value of Freightos Limited is measured differently than its book value, which is the value of Freightos that is recorded on the company's balance sheet. Investors also form their own opinion of Freightos Limited's value that differs from its market value or its book value, called intrinsic value, which is Freightos Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freightos Limited's market value can be influenced by many factors that don't directly affect Freightos Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freightos Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightos Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightos Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.