Edible Non Current Assets Total vs Accounts Payable Analysis

EDBL Stock  USD 0.17  0.01  6.25%   
Edible Garden financial indicator trend analysis is much more than just examining Edible Garden AG latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edible Garden AG is a good investment. Please check the relationship between Edible Garden Non Current Assets Total and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edible Garden AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Edible Garden's Non Current Assets Total and Accounts Payable is -0.78. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Edible Garden AG, assuming nothing else is changed. The correlation between historical values of Edible Garden's Non Current Assets Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Edible Garden AG are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., Edible Garden's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Edible Garden obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Edible Garden AG are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Edible Garden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edible Garden AG current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edible Garden AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Sales General And Administrative To Revenue is expected to rise to 0.76 this year, although the value of Selling General Administrative will most likely fall to about 7.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit648K364K822K713.0K
Total Revenue10.5M11.6M14.0M11.3M

Edible Garden fundamental ratios Correlations

-0.84-0.55-0.780.910.830.73-0.84-0.17-0.83-0.440.970.870.88-0.44-0.44-0.39-0.870.530.180.76-0.86-0.19-0.510.910.45
-0.840.670.98-0.96-0.92-0.481.0-0.020.830.42-0.87-0.87-0.880.420.630.310.87-0.26-0.41-0.571.00.350.82-0.75-0.22
-0.550.670.57-0.66-0.89-0.060.62-0.540.350.8-0.73-0.88-0.870.80.980.710.860.350.310.040.720.90.28-0.760.48
-0.780.980.57-0.92-0.85-0.480.990.010.820.33-0.79-0.77-0.790.330.540.220.77-0.27-0.52-0.560.970.260.89-0.63-0.27
0.91-0.96-0.66-0.920.910.64-0.96-0.15-0.92-0.340.930.890.91-0.34-0.57-0.25-0.90.410.320.68-0.97-0.29-0.760.850.31
0.83-0.92-0.89-0.850.910.35-0.90.25-0.68-0.670.920.980.99-0.67-0.85-0.56-0.970.030.060.37-0.95-0.63-0.570.88-0.07
0.73-0.48-0.06-0.480.640.35-0.49-0.56-0.720.030.650.40.410.030.080.0-0.380.760.170.77-0.470.22-0.460.490.72
-0.841.00.620.99-0.96-0.9-0.490.030.860.36-0.85-0.84-0.860.360.580.250.84-0.31-0.47-0.610.990.280.84-0.74-0.27
-0.17-0.02-0.540.01-0.150.25-0.560.030.52-0.790.00.190.17-0.79-0.65-0.78-0.14-0.89-0.53-0.73-0.05-0.80.230.0-0.82
-0.830.830.350.82-0.92-0.68-0.720.860.52-0.04-0.78-0.69-0.71-0.040.23-0.130.71-0.69-0.55-0.870.83-0.080.78-0.71-0.58
-0.440.420.80.33-0.34-0.670.030.36-0.79-0.04-0.58-0.67-0.651.00.820.990.620.470.530.230.460.85-0.06-0.560.49
0.97-0.87-0.73-0.790.930.920.65-0.850.0-0.78-0.580.950.95-0.58-0.63-0.52-0.940.340.040.61-0.9-0.41-0.50.950.24
0.87-0.87-0.88-0.770.890.980.4-0.840.19-0.69-0.670.951.0-0.67-0.8-0.58-1.00.12-0.030.43-0.91-0.6-0.450.96-0.01
0.88-0.88-0.87-0.790.910.990.41-0.860.17-0.71-0.650.951.0-0.65-0.8-0.56-1.00.130.010.44-0.92-0.58-0.490.950.0
-0.440.420.80.33-0.34-0.670.030.36-0.79-0.041.0-0.58-0.67-0.650.820.990.620.470.530.230.460.85-0.06-0.560.49
-0.440.630.980.54-0.57-0.850.080.58-0.650.230.82-0.63-0.8-0.80.820.720.790.490.30.170.680.940.27-0.640.59
-0.390.310.710.22-0.25-0.560.00.25-0.78-0.130.99-0.52-0.58-0.560.990.720.520.460.610.260.360.79-0.16-0.50.45
-0.870.870.860.77-0.9-0.97-0.380.84-0.140.710.62-0.94-1.0-1.00.620.790.52-0.14-0.02-0.460.910.560.46-0.960.0
0.53-0.260.35-0.270.410.030.76-0.31-0.89-0.690.470.340.120.130.470.490.46-0.140.530.93-0.230.7-0.320.30.96
0.18-0.410.31-0.520.320.060.17-0.47-0.53-0.550.530.04-0.030.010.530.30.61-0.020.530.59-0.340.58-0.7-0.060.62
0.76-0.570.04-0.560.680.370.77-0.61-0.73-0.870.230.610.430.440.230.170.26-0.460.930.59-0.550.46-0.510.560.88
-0.861.00.720.97-0.97-0.95-0.470.99-0.050.830.46-0.9-0.91-0.920.460.680.360.91-0.23-0.34-0.550.40.77-0.81-0.17
-0.190.350.90.26-0.29-0.630.220.28-0.8-0.080.85-0.41-0.6-0.580.850.940.790.560.70.580.460.40.01-0.440.78
-0.510.820.280.89-0.76-0.57-0.460.840.230.78-0.06-0.5-0.45-0.49-0.060.27-0.160.46-0.32-0.7-0.510.770.01-0.3-0.35
0.91-0.75-0.76-0.630.850.880.49-0.740.0-0.71-0.560.950.960.95-0.56-0.64-0.5-0.960.3-0.060.56-0.81-0.44-0.30.14
0.45-0.220.48-0.270.31-0.070.72-0.27-0.82-0.580.490.24-0.010.00.490.590.450.00.960.620.88-0.170.78-0.350.14
Click cells to compare fundamentals

Edible Garden Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edible Garden AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.