Freightcar Interest Coverage from 2010 to 2024

RAIL Stock  USD 3.57  0.07  1.92%   
Freightcar America Interest Coverage yearly trend continues to be quite stable with very little volatility. The value of Interest Coverage is projected to decrease to 0.66. From the period between 2010 and 2024, Freightcar America, Interest Coverage regression line of its data series had standard deviation of  103.69 and standard deviation of  103.69. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
0.69802408
Current Value
0.66
Quarterly Volatility
103.69446144
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freightcar America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freightcar main balance sheet or income statement drivers, such as Interest Expense of 15.8 M, Total Revenue of 376.7 M or Gross Profit of 32.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 8.0E-4 or Days Sales Outstanding of 12.9. Freightcar financial statements analysis is a perfect complement when working with Freightcar America Valuation or Volatility modules.
  
This module can also supplement Freightcar America's financial leverage analysis and stock options assessment as well as various Freightcar America Technical models . Check out the analysis of Freightcar America Correlation against competitors.
For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.

Latest Freightcar America's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Freightcar America over the last few years. It is Freightcar America's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Freightcar America's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

Freightcar Interest Coverage Regression Statistics

Arithmetic Mean(12.27)
Geometric Mean9.67
Coefficient Of Variation(845.24)
Mean Deviation70.80
Median0.66
Standard Deviation103.69
Sample Variance10,753
Range400
R-Value(0.24)
Mean Square Error10,927
R-Squared0.06
Significance0.39
Slope(5.51)
Total Sum of Squares150,536

Freightcar Interest Coverage History

2024 0.66
2023 0.7
2022 8.65E-4
2021 -1.21
2020 -36.22
2019 -124.14
2018 -207.13

About Freightcar America Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Freightcar America income statement, its balance sheet, and the statement of cash flows. Freightcar America investors use historical funamental indicators, such as Freightcar America's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Freightcar America investors may use each financial statement separately, they are all related. The changes in Freightcar America's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Freightcar America's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Freightcar America Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Freightcar America. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 0.70  0.66 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freightcar America in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freightcar America's short interest history, or implied volatility extrapolated from Freightcar America options trading.

Currently Active Assets on Macroaxis

When determining whether Freightcar America is a strong investment it is important to analyze Freightcar America's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Freightcar America's future performance. For an informed investment choice regarding Freightcar Stock, refer to the following important reports:
Check out the analysis of Freightcar America Correlation against competitors.
For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Freightcar America's price analysis, check to measure Freightcar America's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freightcar America is operating at the current time. Most of Freightcar America's value examination focuses on studying past and present price action to predict the probability of Freightcar America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freightcar America's price. Additionally, you may evaluate how the addition of Freightcar America to your portfolios can decrease your overall portfolio volatility.
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Is Freightcar America's industry 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 Freightcar America. If investors know Freightcar 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 Freightcar America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.18)
Revenue Per Share
12.624
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0368
Return On Equity
(5.44)
The market value of Freightcar America is measured differently than its book value, which is the value of Freightcar that is recorded on the company's balance sheet. Investors also form their own opinion of Freightcar America's value that differs from its market value or its book value, called intrinsic value, which is Freightcar America'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 Freightcar America's market value can be influenced by many factors that don't directly affect Freightcar America'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 Freightcar America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightcar America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightcar America'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.