Edible Price To Sales Ratio vs Capex To Operating Cash Flow 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 Price To Sales Ratio and its Capex To Operating Cash Flow 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.

Price To Sales Ratio vs Capex To Operating Cash Flow

Price To Sales Ratio vs Capex To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Price To Sales Ratio account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Edible Garden's Price To Sales Ratio and Capex To Operating Cash Flow is 0.76. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Operating Cash Flow 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 Price To Sales Ratio and Capex To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Edible Garden AG are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Price To Sales Ratio i.e., Edible Garden's Price To Sales Ratio and Capex To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Edible Garden AG stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Edible Garden sales, a figure that is much harder to manipulate than other Edible Garden AG multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Capex To Operating Cash Flow

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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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.