Edible Payout Ratio vs Ev To Sales Analysis
EDBLW Stock | USD 0.01 0 15.79% |
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 Payout Ratio and its Ev To Sales 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.
Payout Ratio vs Ev To Sales
Payout Ratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Payout Ratio account and Ev To Sales. At this time, the significance of the direction appears to have pay attention.
The correlation between Edible Garden's Payout Ratio and Ev To Sales is -0.71. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Ev To Sales 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 Payout Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Edible Garden AG are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Payout Ratio i.e., Edible Garden's Payout Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Payout Ratio
Payout Ratio is the proportion of Edible Garden AG earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Edible Garden AG dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Edible Garden AG is paying out more in dividends than it makes in net income.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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 Profit | 648K | 364K | 822K | 713.0K | Total Revenue | 10.5M | 11.6M | 14.0M | 11.3M |
Edible Garden fundamental ratios Correlations
Click cells to compare fundamentals
Edible Garden Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.