Edible Cost Of Revenue vs Ebitda Analysis

EDBLW Stock  USD 0.01  0.0001  0.79%   
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 Cost Of Revenue and its Ebitda 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 economic analysis.

Cost Of Revenue vs Ebitda

Cost Of Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have pay attention.
The correlation between Edible Garden's Cost Of Revenue and Ebitda is -0.85. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda 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 Cost Of Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Edible Garden AG are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Cost Of Revenue i.e., Edible Garden's Cost Of Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Edible Garden AG income statement and represents the costs associated with goods and services Edible Garden provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Ebitda

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 economic analysis.
Sales General And Administrative To Revenue is likely to climb to 0.76 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit648K364K822K713.0K
Total Revenue10.5M11.6M14.0M11.3M

Edible Garden fundamental ratios Correlations

-0.84-0.55-0.780.910.73-0.84-0.17-0.83-0.440.970.87-0.44-0.44-0.39-0.870.530.180.76-0.86-0.19-0.510.91-0.310.5-0.08
-0.840.670.98-0.96-0.481.0-0.020.830.42-0.87-0.870.420.630.310.87-0.26-0.41-0.571.00.350.82-0.750.4-0.720.26
-0.550.670.57-0.66-0.060.62-0.540.350.8-0.73-0.880.80.980.710.860.350.310.040.720.90.28-0.760.92-0.970.86
-0.780.980.57-0.92-0.480.990.010.820.33-0.79-0.770.330.540.220.77-0.27-0.52-0.560.970.260.89-0.630.29-0.650.15
0.91-0.96-0.66-0.920.64-0.96-0.15-0.92-0.340.930.89-0.34-0.57-0.25-0.90.410.320.68-0.97-0.29-0.760.85-0.350.64-0.22
0.73-0.48-0.06-0.480.64-0.49-0.56-0.720.030.650.40.030.080.0-0.380.760.170.77-0.470.22-0.460.490.12-0.050.4
-0.841.00.620.99-0.96-0.490.030.860.36-0.85-0.840.360.580.250.84-0.31-0.47-0.610.990.280.84-0.740.33-0.680.2
-0.17-0.02-0.540.01-0.15-0.560.030.52-0.790.00.19-0.79-0.65-0.78-0.14-0.89-0.53-0.73-0.05-0.80.230.0-0.780.62-0.7
-0.830.830.350.82-0.92-0.720.860.52-0.04-0.78-0.69-0.040.23-0.130.71-0.69-0.55-0.870.83-0.080.78-0.71-0.02-0.31-0.08
-0.440.420.80.33-0.340.030.36-0.79-0.04-0.58-0.671.00.820.990.620.470.530.230.460.85-0.06-0.560.92-0.80.68
0.97-0.87-0.73-0.790.930.65-0.850.0-0.78-0.580.95-0.58-0.63-0.52-0.940.340.040.61-0.9-0.41-0.50.95-0.520.67-0.3
0.87-0.87-0.88-0.770.890.4-0.840.19-0.69-0.670.95-0.67-0.8-0.58-1.00.12-0.030.43-0.91-0.6-0.450.96-0.670.83-0.54
-0.440.420.80.33-0.340.030.36-0.79-0.041.0-0.58-0.670.820.990.620.470.530.230.460.85-0.06-0.560.92-0.80.68
-0.440.630.980.54-0.570.080.58-0.650.230.82-0.63-0.80.820.720.790.490.30.170.680.940.27-0.640.94-0.990.89
-0.390.310.710.22-0.250.00.25-0.78-0.130.99-0.52-0.580.990.720.520.460.610.260.360.79-0.16-0.50.87-0.70.6
-0.870.870.860.77-0.9-0.380.84-0.140.710.62-0.94-1.00.620.790.52-0.14-0.02-0.460.910.560.46-0.960.64-0.820.54
0.53-0.260.35-0.270.410.76-0.31-0.89-0.690.470.340.120.470.490.46-0.140.530.93-0.230.7-0.320.30.61-0.420.69
0.18-0.410.31-0.520.320.17-0.47-0.53-0.550.530.04-0.030.530.30.61-0.020.530.59-0.340.58-0.7-0.060.6-0.170.52
0.76-0.570.04-0.560.680.77-0.61-0.73-0.870.230.610.430.230.170.26-0.460.930.59-0.550.46-0.510.560.36-0.090.47
-0.861.00.720.97-0.97-0.470.99-0.050.830.46-0.9-0.910.460.680.360.91-0.23-0.34-0.550.40.77-0.810.45-0.760.32
-0.190.350.90.26-0.290.220.28-0.8-0.080.85-0.41-0.60.850.940.790.560.70.580.460.40.01-0.440.98-0.880.93
-0.510.820.280.89-0.76-0.460.840.230.78-0.06-0.5-0.45-0.060.27-0.160.46-0.32-0.7-0.510.770.01-0.3-0.01-0.38-0.07
0.91-0.75-0.76-0.630.850.49-0.740.0-0.71-0.560.950.96-0.56-0.64-0.5-0.960.3-0.060.56-0.81-0.44-0.3-0.540.66-0.42
-0.310.40.920.29-0.350.120.33-0.78-0.020.92-0.52-0.670.920.940.870.640.610.60.360.450.98-0.01-0.54-0.890.89
0.5-0.72-0.97-0.650.64-0.05-0.680.62-0.31-0.80.670.83-0.8-0.99-0.7-0.82-0.42-0.17-0.09-0.76-0.88-0.380.66-0.89-0.83
-0.080.260.860.15-0.220.40.2-0.7-0.080.68-0.3-0.540.680.890.60.540.690.520.470.320.93-0.07-0.420.89-0.83
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Edible Garden Account Relationship Matchups

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