Edible Retained Earnings vs Cash 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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Retained Earnings account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Edible Garden's Retained Earnings and Cash is -0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Edible Garden AG are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Edible Garden's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of Edible Garden AG, which is listed under current asset account on Edible Garden AG balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Edible Garden customers. The amounts must be unrestricted with restricted cash listed in a different Edible Garden account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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

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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 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.