Freight Technologies, Inc. key statistics and ratios

In fiscal 2025, Freight Technologies, Inc. had an operating margin of -45.1%, debt equal to 64.5% of equity and a current ratio of 1.00. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Freight Technologies, Inc.: financial ratios, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	97.0%	97.6%	97.1%	95.5%	100.0%	100.0%	—	—	—	—	—
Operating margin	74.8%	85.6%	82.0%	−13.9%	−45.9%	<−999%	−22.4%	−27.3%	−48.4%	−47.3%	−45.1%
Net margin	72.1%	87.8%	95.7%	−26.5%	<−999%	<−999%	−38.2%	−31.6%	−54.7%	−40.8%	−60.5%
Free-cash-flow margin	7.1%	—	109.1%	−121.1%	—	<−999%	−27.7%	−32.8%	−34.1%	−30.7%	−34.7%
Return on equity	19.8%	51.7%	49.8%	−5.6%	−184.0%	—	—	—	—	—	—
Return on assets	—	46.5%	44.1%	−5.2%	−171.2%	−198.3%	−127.4%	−83.1%	−91.2%	−71.2%	−86.5%
Asset turnover	—	0.53	0.46	0.20	0.04	0.00	3.34	2.63	1.67	1.75	1.43
Current ratio	—	6.63	9.65	32.99	2.66	1.90	0.47	1.30	1.28	0.80	1.00
Debt to equity	0.0%	0.0%	0.0%	0.0%	0.0%	—	—	105.4%	116.6%	—	64.5%
Interest cover (operating income ÷ interest)	—	—	—	—	—	—	n/m	n/m	n/m	n/m	n/m
Effective tax rate	25.0%	15.0%	2.6%	—	—	—	—	—	—	—	—
R&D as % of revenue	—	—	0.4%	24.4%	0.0%	0.0%	0.0%	—	—	—	—
Capital spending as % of revenue	0.5%	—	0.8%	1.2%	—	>999%	0.1%	0.1%	0.2%	0.1%	0.0%
Free cash flow ÷ net income	9.9%	—	114.0%	—	—	—	—	—	—	—	—

US$ thousands unless shown otherwise. Fiscal quarters.

Freight Technologies, Inc.: financial ratios, quarterly
Quarter	2024 Q1Mar 2024	2024 Q2Jun 2024	2025 Q1Mar 2025	2025 Q2Jun 2025
Operating margin	−48.6%	−44.4%	−35.7%	−49.2%
Net margin	−52.6%	−50.9%	−39.1%	21.7%
Free-cash-flow margin	−76.1%	−41.6%	−75.5%	−65.0%
Current ratio	—	—	1.05	0.98
Debt to equity	—	—	61.9%	55.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 6 checks passed · December 31, 2025

What it owns · $13m

Short-term assets $6mLonger-term assets $6m

What it owes, and who funded it · $13m

Short-term liabilities $6mLonger-term liabilities $1mShareholders' equity $5m

Short-term assets cover short-term liabilities $6m of assets due within a year against $6m of liabilities due within a year.
Short-term assets cover long-term liabilities $6m short-term assets against $962,095 of longer-dated liabilities.
More cash than debt $346,718 of cash against $3m of debt.
Debt below 40% of shareholders' equity Debt is 55% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt −$5m of operating cash flow against $3m of debt.
Operating profit covers interest at least five times over Operating income of −$6m against $762,399 of interest.

From Freight Technologies, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Freight Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Freight Technologies, Inc.