Edible Ebit vs Income Tax Expense Analysis

EDBLW Stock

USD 0.05 0.01 18.20%

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 Ebit and its Income Tax Expense 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.

Ebit vs Income Tax Expense

Ebit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Ebit account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Edible Garden's Ebit and Income Tax Expense is -0.49. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Tax Expense 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 Ebit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Edible Garden AG are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebit i.e., Edible Garden's Ebit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Ebit

Income Tax Expense

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.

Selling General Administrative is likely to drop to about 7.7 M in 2025. Issuance Of Capital Stock is likely to drop to about 9.9 M in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	364K	822K	739.8K	713.0K
Total Revenue	11.6M	14.0M	16.2M	11.3M

Gross Profit Total Revenue

Edible Garden fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Long Term Debt	Capital Lease Obligations	Net Invested Capital
Total Assets		-0.85	-0.55	-0.78	0.91	0.65	-0.84	-0.12	-0.75	-0.48	0.96	0.87	-0.48	-0.46	-0.45	-0.85	0.27	-0.25	0.26	-0.87	-0.28	-0.49	0.91	-0.41	0.54	-0.18
Short Long Term Debt Total	-0.85		0.64	0.98	-0.96	-0.41	1.0	-0.07	0.76	0.45	-0.87	-0.87	0.45	0.6	0.37	0.85	-0.06	0.05	-0.18	0.99	0.39	0.79	-0.77	0.48	-0.73	0.33
Other Current Liab	-0.55	0.64		0.51	-0.61	0.1	0.57	-0.63	0.14	0.85	-0.75	-0.86	0.85	0.99	0.79	0.88	0.61	0.6	0.4	0.71	0.94	0.17	-0.76	0.9	-0.96	0.9
Total Current Liabilities	-0.78	0.98	0.51		-0.92	-0.44	0.99	0.0	0.77	0.34	-0.77	-0.75	0.34	0.48	0.25	0.73	-0.14	-0.09	-0.24	0.95	0.26	0.88	-0.63	0.35	-0.63	0.19
Total Stockholder Equity	0.91	-0.96	-0.61	-0.92		0.58	-0.96	-0.1	-0.85	-0.36	0.92	0.88	-0.36	-0.53	-0.29	-0.87	0.21	0.0	0.36	-0.96	-0.32	-0.74	0.84	-0.37	0.63	-0.27
Property Plant And Equipment Net	0.65	-0.41	0.1	-0.44	0.58		-0.44	-0.61	-0.73	0.15	0.52	0.29	0.15	0.21	0.13	-0.23	0.72	0.24	0.7	-0.38	0.31	-0.47	0.38	0.33	-0.16	0.49
Net Debt	-0.84	1.0	0.57	0.99	-0.96	-0.44		0.01	0.8	0.38	-0.84	-0.83	0.38	0.52	0.3	0.81	-0.15	-0.03	-0.25	0.98	0.29	0.82	-0.73	0.4	-0.67	0.25
Retained Earnings	-0.12	-0.07	-0.63	0.0	-0.1	-0.61	0.01		0.57	-0.79	0.1	0.27	-0.79	-0.71	-0.77	-0.27	-0.91	-0.72	-0.93	-0.12	-0.8	0.24	0.09	-0.72	0.68	-0.75
Accounts Payable	-0.75	0.76	0.14	0.77	-0.85	-0.73	0.8	0.57		-0.15	-0.64	-0.56	-0.15	0.04	-0.21	0.53	-0.65	-0.45	-0.76	0.72	-0.2	0.77	-0.59	-0.12	-0.18	-0.18
Cash	-0.48	0.45	0.85	0.34	-0.36	0.15	0.38	-0.79	-0.15		-0.64	-0.71	1.0	0.86	0.99	0.7	0.64	0.89	0.7	0.52	0.86	-0.08	-0.62	0.89	-0.83	0.74
Non Current Assets Total	0.96	-0.87	-0.75	-0.77	0.92	0.52	-0.84	0.1	-0.64	-0.64		0.96	-0.64	-0.67	-0.6	-0.94	0.03	-0.37	0.1	-0.9	-0.52	-0.45	0.95	-0.58	0.72	-0.42
Non Currrent Assets Other	0.87	-0.87	-0.86	-0.75	0.88	0.29	-0.83	0.27	-0.56	-0.71	0.96		-0.71	-0.8	-0.65	-0.99	-0.14	-0.42	-0.04	-0.91	-0.64	-0.4	0.96	-0.69	0.86	-0.61
Cash And Short Term Investments	-0.48	0.45	0.85	0.34	-0.36	0.15	0.38	-0.79	-0.15	1.0	-0.64	-0.71		0.86	0.99	0.7	0.64	0.89	0.7	0.52	0.86	-0.08	-0.62	0.89	-0.83	0.74
Net Receivables	-0.46	0.6	0.99	0.48	-0.53	0.21	0.52	-0.71	0.04	0.86	-0.67	-0.8	0.86		0.8	0.82	0.7	0.62	0.5	0.66	0.96	0.16	-0.67	0.93	-0.97	0.93
Common Stock Shares Outstanding	-0.45	0.37	0.79	0.25	-0.29	0.13	0.3	-0.77	-0.21	0.99	-0.6	-0.65	0.99	0.8		0.64	0.63	0.93	0.72	0.44	0.83	-0.16	-0.57	0.86	-0.76	0.69
Non Current Liabilities Total	-0.85	0.85	0.88	0.73	-0.87	-0.23	0.81	-0.27	0.53	0.7	-0.94	-0.99	0.7	0.82	0.64		0.18	0.41	0.04	0.9	0.67	0.38	-0.96	0.74	-0.86	0.66
Inventory	0.27	-0.06	0.61	-0.14	0.21	0.72	-0.15	-0.91	-0.65	0.64	0.03	-0.14	0.64	0.7	0.63	0.18		0.62	0.86	-0.01	0.83	-0.29	0.01	0.74	-0.59	0.81
Other Current Assets	-0.25	0.05	0.6	-0.09	0.0	0.24	-0.03	-0.72	-0.45	0.89	-0.37	-0.42	0.89	0.62	0.93	0.41	0.62		0.78	0.13	0.71	-0.5	-0.41	0.75	-0.52	0.59
Other Stockholder Equity	0.26	-0.18	0.4	-0.24	0.36	0.7	-0.25	-0.93	-0.76	0.7	0.1	-0.04	0.7	0.5	0.72	0.04	0.86	0.78		-0.13	0.64	-0.48	0.08	0.63	-0.44	0.58
Total Liab	-0.87	0.99	0.71	0.95	-0.96	-0.38	0.98	-0.12	0.72	0.52	-0.9	-0.91	0.52	0.66	0.44	0.9	-0.01	0.13	-0.13		0.46	0.73	-0.82	0.55	-0.78	0.41
Total Current Assets	-0.28	0.39	0.94	0.26	-0.32	0.31	0.29	-0.8	-0.2	0.86	-0.52	-0.64	0.86	0.96	0.83	0.67	0.83	0.71	0.64	0.46		-0.04	-0.52	0.92	-0.88	0.93
Short Term Debt	-0.49	0.79	0.17	0.88	-0.74	-0.47	0.82	0.24	0.77	-0.08	-0.45	-0.4	-0.08	0.16	-0.16	0.38	-0.29	-0.5	-0.48	0.73	-0.04		-0.26	-0.01	-0.31	-0.1
Intangible Assets	0.91	-0.77	-0.76	-0.63	0.84	0.38	-0.73	0.09	-0.59	-0.62	0.95	0.96	-0.62	-0.67	-0.57	-0.96	0.01	-0.41	0.08	-0.82	-0.52	-0.26		-0.6	0.71	-0.51
Long Term Debt	-0.41	0.48	0.9	0.35	-0.37	0.33	0.4	-0.72	-0.12	0.89	-0.58	-0.69	0.89	0.93	0.86	0.74	0.74	0.75	0.63	0.55	0.92	-0.01	-0.6		-0.88	0.88
Capital Lease Obligations	0.54	-0.73	-0.96	-0.63	0.63	-0.16	-0.67	0.68	-0.18	-0.83	0.72	0.86	-0.83	-0.97	-0.76	-0.86	-0.59	-0.52	-0.44	-0.78	-0.88	-0.31	0.71	-0.88		-0.86
Net Invested Capital	-0.18	0.33	0.9	0.19	-0.27	0.49	0.25	-0.75	-0.18	0.74	-0.42	-0.61	0.74	0.93	0.69	0.66	0.81	0.59	0.58	0.41	0.93	-0.1	-0.51	0.88	-0.86

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Edible Garden Account Relationship Matchups

Edible Garden fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.5M	4.0M	7.0M	6.7M	6.0M	4.8M
Short Long Term Debt Total	4.2M	8.3M	6.4M	4.5M	5.1M	5.7M
Other Current Liab	472K	533K	967K	1.3M	1.4M	754.6K
Total Current Liabilities	2.5M	7.1M	4.8M	2.9M	3.3M	4.2M
Total Stockholder Equity	(2.1M)	(7.1M)	(2.2M)	(288K)	(259.2K)	(272.2K)
Property Plant And Equipment Net	3.1M	2.6M	4.9M	3.9M	4.5M	4.1M
Net Debt	4.1M	8.3M	6.2M	4.0M	4.5M	5.5M
Retained Earnings	(2.1M)	(7.6M)	(20.1M)	(30.3M)	(27.2M)	(25.9M)
Accounts Payable	1.9M	2.3M	1.7M	1.2M	1.1M	1.3M
Non Current Assets Total	3.4M	2.8M	5.1M	4.0M	3.6M	3.6M
Non Currrent Assets Other	331K	226K	161K	35K	31.5K	29.9K
Net Receivables	629K	767K	1.1M	1.2M	1.4M	957.9K
Liabilities And Stockholders Equity	4.5M	4.0M	7.0M	6.7M	6.0M	4.8M
Non Current Liabilities Total	4.1M	4.0M	4.3M	4.0M	4.6M	4.1M
Inventory	314K	360K	586K	678K	779.7K	541.6K
Other Current Assets	122K	33K	62K	210K	241.5K	253.6K
Other Stockholder Equity	6K	511K	17.9M	30.0M	34.5M	36.2M
Total Liab	6.6M	11.1M	9.1M	6.9M	8.0M	8.3M
Total Current Assets	1.1M	1.2M	1.9M	2.6M	3.0M	1.8M
Short Term Debt	65K	4.3M	2.1M	421K	484.2K	459.9K

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Edible Ebit vs Income Tax Expense Analysis

Ebit vs Income Tax Expense

Ebit vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Ebit

Income Tax Expense

Edible Garden fundamental ratios Correlations

Edible Garden Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Edible Garden fundamental ratios Accounts

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Additional Tools for Edible Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Other Current Liab
Net Debt	+ 0.99	Total Current Liabilities
Common Stock Shares Outstanding	+ 0.99	Cash

Non Current Liabilities Total	- 0.99	Non Currrent Assets Other
Capital Lease Obligations	- 0.97	Net Receivables
Intangible Assets	- 0.96	Non Current Liabilities Total
Total Liab	- 0.96	Total Stockholder Equity
Net Debt	- 0.96	Total Stockholder Equity
Capital Lease Obligations	- 0.96	Other Current Liab