Freightos (Freightos) Interest Expense : $-0.39 Mil (TTM As of Dec. 2023)

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What is Freightos Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Freightos's interest expense for the three months ended in Dec. 2023 was $ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.39 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Freightos's Operating Income for the three months ended in Dec. 2023 was $ -5.84 Mil. Freightos's Interest Expense for the three months ended in Dec. 2023 was $ -0.10 Mil. Freightos did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Freightos Interest Expense Historical Data

The historical data trend for Freightos's Interest Expense 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.

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Freightos Interest Expense Chart

Freightos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.17

-0.16

-0.45

-0.39

Freightos Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial						-0.05	-0.13	-0.09	-0.06	-0.10

Freightos Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 Mil.

Freightos (NAS:CRGO) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Freightos's Interest Expense for the three months ended in Dec. 2023 was $-0.10 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-5.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.71 Mil.

Freightos's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Freightos did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Freightos (Freightos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Freightos Ltd (NAS:CRGO) » Definitions » Interest Expense

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.