Freightos (Freightos) Debt-to-EBITDA : -0.07 (As of Mar. 2024)

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What is Freightos Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Freightos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.54 Mil. Freightos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.59 Mil. Freightos's annualized EBITDA for the quarter that ended in Mar. 2024 was $-15.43 Mil. Freightos's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.07.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Freightos's Debt-to-EBITDA or its related term are showing as below:

CRGO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.19 Med: -0.14 Max: -0.02
Current: -0.06

During the past 4 years, the highest Debt-to-EBITDA Ratio of Freightos was -0.02. The lowest was -0.19. And the median was -0.14.

CRGO's Debt-to-EBITDA is ranked worse than
100% of 843 companies
in the Transportation industry
Industry Median: 2.81 vs CRGO: -0.06

Freightos Debt-to-EBITDA Historical Data

The historical data trend for Freightos's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Freightos Debt-to-EBITDA Chart

Freightos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.19

-0.12

-0.16

-0.02

Freightos Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial							-	-0.04	-0.03	-0.12	-0.07

Competitive Comparison of Freightos's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Freightos's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Freightos's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Freightos's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Freightos's Debt-to-EBITDA falls into.

Freightos Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Freightos's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.587	+	0.712)	/	-62.38
	=	-0.02

Freightos's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.538	+	0.588)	/	-15.432
	=	-0.07

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.

Freightos (NAS:CRGO) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Freightos Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Freightos's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Freightos (Freightos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Freightos Ltd (NAS:CRGO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Derech Agudat Sport HaPo’el, Technology Park Building 2, Jerusalem, ISR, 9695102

Website

https://www.freightos.com

Freightos Ltd operates as a vendor-neutral booking and payment platform for international freight. Its platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters. forwarders, and dozens of airlines and ocean carriers. WebCargo by Freightos is a freight platform connecting carriers and forwarders in particular an air cargo eBooking platform. Freightos.com is a digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. The company operates in two segments-Platform segment and Solutions segment. Geographically, the company operates in Europe, Hong Kong, United States which is majority revenue generator and others.