Edible Fixed Asset Turnover from 2010 to 2024

EDBL Stock  USD 0.17  0.01  6.25%   
Edible Garden Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. The value of Fixed Asset Turnover is projected to decrease to 2.31. From the period between 2010 and 2024, Edible Garden, Fixed Asset Turnover regression line of its data series had standard deviation of  0.94 and standard deviation of  0.94. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.57754011
Current Value
2.31
Quarterly Volatility
0.94299038
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Edible Garden financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edible Garden's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 693.4 K or Selling General Administrative of 7.7 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0019 or Days Sales Outstanding of 34.64. Edible financial statements analysis is a perfect complement when working with Edible Garden Valuation or Volatility modules.
  
Check out the analysis of Edible Garden Correlation against competitors.

Latest Edible Garden's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Edible Garden AG over the last few years. It is Edible Garden's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edible Garden's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Edible Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.93
Geometric Mean1.76
Coefficient Of Variation48.98
Mean Deviation0.77
Median1.35
Standard Deviation0.94
Sample Variance0.89
Range2.738
R-Value0.70
Mean Square Error0.49
R-Squared0.49
Significance0
Slope0.15
Total Sum of Squares12.45

Edible Fixed Asset Turnover History

2024 2.31
2023 3.58
2022 2.36
2021 4.08
2020 3.09

About Edible Garden Financial Statements

Edible Garden investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Edible 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
Fixed Asset Turnover 3.58  2.31 

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When determining whether Edible Garden AG is a strong investment it is important to analyze Edible Garden'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 Edible Garden's future performance. For an informed investment choice regarding Edible Stock, refer to the following important reports:
Check out the analysis of Edible Garden Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Packaged Foods & Meats 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 Edible Garden. If investors know Edible 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 Edible Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(18.61)
Revenue Per Share
21.628
Quarterly Revenue Growth
0.011
Return On Assets
(0.58)
Return On Equity
(6.03)
The market value of Edible Garden AG is measured differently than its book value, which is the value of Edible that is recorded on the company's balance sheet. Investors also form their own opinion of Edible Garden's value that differs from its market value or its book value, called intrinsic value, which is Edible Garden'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 Edible Garden's market value can be influenced by many factors that don't directly affect Edible Garden'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 Edible Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edible Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edible Garden'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.