Edible Garden Ag Stock Current Ratio

EDBLW Stock  USD 0.01  0.0001  0.79%   
Edible Garden AG fundamentals help investors to digest information that contributes to Edible Garden's financial success or failures. It also enables traders to predict the movement of Edible Stock. The fundamental analysis module provides a way to measure Edible Garden's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Edible Garden stock.
Last ReportedProjected for Next Year
Current Ratio 0.91  0.96 
Current Ratio is likely to climb to 0.96 in 2024.
  
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Edible Garden AG Company Current Ratio Analysis

Edible Garden's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Edible Garden Current Ratio

    
  0.17 X  
Most of Edible Garden's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Edible Garden AG is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Edible Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Edible Garden is extremely important. It helps to project a fair market value of Edible Stock properly, considering its historical fundamentals such as Current Ratio. Since Edible Garden's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Edible Garden's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Edible Garden's interrelated accounts and indicators.
0.91-0.84-0.17-0.83-0.44-0.86-0.19-0.510.91-0.31-0.080.730.330.45-0.31
0.91-0.96-0.15-0.92-0.57-0.97-0.29-0.760.85-0.35-0.220.880.430.25-0.25
-0.84-0.960.030.860.580.990.280.84-0.740.330.2-0.93-0.46-0.310.2
-0.17-0.150.030.52-0.65-0.05-0.80.230.0-0.78-0.70.00.740.72-0.76
-0.83-0.920.860.520.230.83-0.080.78-0.71-0.02-0.08-0.77-0.090.08-0.13
-0.44-0.570.58-0.650.230.680.940.27-0.640.940.89-0.51-0.97-0.610.78
-0.86-0.970.99-0.050.830.680.40.77-0.810.450.32-0.91-0.57-0.380.32
-0.19-0.290.28-0.8-0.080.940.40.01-0.440.980.93-0.27-0.93-0.620.89
-0.51-0.760.840.230.780.270.770.01-0.3-0.01-0.07-0.92-0.110.13-0.13
0.910.85-0.740.0-0.71-0.64-0.81-0.44-0.3-0.54-0.420.540.580.49-0.47
-0.31-0.350.33-0.78-0.020.940.450.98-0.01-0.540.89-0.3-0.93-0.730.94
-0.08-0.220.2-0.7-0.080.890.320.93-0.07-0.420.89-0.1-0.93-0.440.72
0.730.88-0.930.0-0.77-0.51-0.91-0.27-0.920.54-0.3-0.10.340.24-0.23
0.330.43-0.460.74-0.09-0.97-0.57-0.93-0.110.58-0.93-0.930.340.66-0.76
0.450.25-0.310.720.08-0.61-0.38-0.620.130.49-0.73-0.440.240.66-0.8
-0.31-0.250.2-0.76-0.130.780.320.89-0.13-0.470.940.72-0.23-0.76-0.8
Click cells to compare fundamentals

Edible Current Ratio Historical Pattern

Today, most investors in Edible Garden Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Edible Garden's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Edible Garden current ratio as a starting point in their analysis.
   Edible Garden Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Edible Price To Sales Ratio

Price To Sales Ratio

0.12

At this time, Edible Garden's Price To Sales Ratio is fairly stable compared to the past year.
In accordance with the recently published financial statements, Edible Garden AG has a Current Ratio of 0.17 times. This is 91.46% lower than that of the Food Products sector and 95.45% lower than that of the Consumer Staples industry. The current ratio for all United States stocks is 92.13% higher than that of the company.

Edible Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Edible Garden's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Edible Garden could also be used in its relative valuation, which is a method of valuing Edible Garden by comparing valuation metrics of similar companies.
Edible Garden is currently under evaluation in current ratio category among its peers.

Edible Fundamentals

About Edible Garden Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Edible Garden AG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edible Garden using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edible Garden AG based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Edible Stock Analysis

When running Edible Garden's price analysis, check to measure Edible Garden'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 Edible Garden is operating at the current time. Most of Edible Garden's value examination focuses on studying past and present price action to predict the probability of Edible Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edible Garden's price. Additionally, you may evaluate how the addition of Edible Garden to your portfolios can decrease your overall portfolio volatility.