Edible Roic vs Net Income Per Share 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 Roic and its Net Income Per Share 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.

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Roic account and Net Income Per Share. At this time, the significance of the direction appears to have weak relationship.

The correlation between Edible Garden's Roic and Net Income Per Share is 0.36. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Net Income Per Share 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 Roic and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Edible Garden AG are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roic i.e., Edible Garden's Roic and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

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Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Net Income Per Share

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

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		-0.84	-0.55	-0.78	0.91	0.73	-0.84	-0.17	-0.83	-0.44	0.97	0.87	-0.44	-0.44	-0.39	-0.87	0.53	0.18	0.76	-0.86	-0.19	-0.51	0.91	-0.31	0.5	-0.08
Short Long Term Debt Total	-0.84		0.67	0.98	-0.96	-0.48	1.0	-0.02	0.83	0.42	-0.87	-0.87	0.42	0.63	0.31	0.87	-0.26	-0.41	-0.57	1.0	0.35	0.82	-0.75	0.4	-0.72	0.26
Other Current Liab	-0.55	0.67		0.57	-0.66	-0.06	0.62	-0.54	0.35	0.8	-0.73	-0.88	0.8	0.98	0.71	0.86	0.35	0.31	0.04	0.72	0.9	0.28	-0.76	0.92	-0.97	0.86
Total Current Liabilities	-0.78	0.98	0.57		-0.92	-0.48	0.99	0.01	0.82	0.33	-0.79	-0.77	0.33	0.54	0.22	0.77	-0.27	-0.52	-0.56	0.97	0.26	0.89	-0.63	0.29	-0.65	0.15
Total Stockholder Equity	0.91	-0.96	-0.66	-0.92		0.64	-0.96	-0.15	-0.92	-0.34	0.93	0.89	-0.34	-0.57	-0.25	-0.9	0.41	0.32	0.68	-0.97	-0.29	-0.76	0.85	-0.35	0.64	-0.22
Property Plant And Equipment Net	0.73	-0.48	-0.06	-0.48	0.64		-0.49	-0.56	-0.72	0.03	0.65	0.4	0.03	0.08	0.0	-0.38	0.76	0.17	0.77	-0.47	0.22	-0.46	0.49	0.12	-0.05	0.4
Net Debt	-0.84	1.0	0.62	0.99	-0.96	-0.49		0.03	0.86	0.36	-0.85	-0.84	0.36	0.58	0.25	0.84	-0.31	-0.47	-0.61	0.99	0.28	0.84	-0.74	0.33	-0.68	0.2
Retained Earnings	-0.17	-0.02	-0.54	0.01	-0.15	-0.56	0.03		0.52	-0.79	0.0	0.19	-0.79	-0.65	-0.78	-0.14	-0.89	-0.53	-0.73	-0.05	-0.8	0.23	0.0	-0.78	0.62	-0.7
Accounts Payable	-0.83	0.83	0.35	0.82	-0.92	-0.72	0.86	0.52		-0.04	-0.78	-0.69	-0.04	0.23	-0.13	0.71	-0.69	-0.55	-0.87	0.83	-0.08	0.78	-0.71	-0.02	-0.31	-0.08
Cash	-0.44	0.42	0.8	0.33	-0.34	0.03	0.36	-0.79	-0.04		-0.58	-0.67	1.0	0.82	0.99	0.62	0.47	0.53	0.23	0.46	0.85	-0.06	-0.56	0.92	-0.8	0.68
Non Current Assets Total	0.97	-0.87	-0.73	-0.79	0.93	0.65	-0.85	0.0	-0.78	-0.58		0.95	-0.58	-0.63	-0.52	-0.94	0.34	0.04	0.61	-0.9	-0.41	-0.5	0.95	-0.52	0.67	-0.3
Non Currrent Assets Other	0.87	-0.87	-0.88	-0.77	0.89	0.4	-0.84	0.19	-0.69	-0.67	0.95		-0.67	-0.8	-0.58	-1.0	0.12	-0.03	0.43	-0.91	-0.6	-0.45	0.96	-0.67	0.83	-0.54
Cash And Short Term Investments	-0.44	0.42	0.8	0.33	-0.34	0.03	0.36	-0.79	-0.04	1.0	-0.58	-0.67		0.82	0.99	0.62	0.47	0.53	0.23	0.46	0.85	-0.06	-0.56	0.92	-0.8	0.68
Net Receivables	-0.44	0.63	0.98	0.54	-0.57	0.08	0.58	-0.65	0.23	0.82	-0.63	-0.8	0.82		0.72	0.79	0.49	0.3	0.17	0.68	0.94	0.27	-0.64	0.94	-0.99	0.89
Common Stock Shares Outstanding	-0.39	0.31	0.71	0.22	-0.25	0.0	0.25	-0.78	-0.13	0.99	-0.52	-0.58	0.99	0.72		0.52	0.46	0.61	0.26	0.36	0.79	-0.16	-0.5	0.87	-0.7	0.6
Non Current Liabilities Total	-0.87	0.87	0.86	0.77	-0.9	-0.38	0.84	-0.14	0.71	0.62	-0.94	-1.0	0.62	0.79	0.52		-0.14	-0.02	-0.46	0.91	0.56	0.46	-0.96	0.64	-0.82	0.54
Inventory	0.53	-0.26	0.35	-0.27	0.41	0.76	-0.31	-0.89	-0.69	0.47	0.34	0.12	0.47	0.49	0.46	-0.14		0.53	0.93	-0.23	0.7	-0.32	0.3	0.61	-0.42	0.69
Other Current Assets	0.18	-0.41	0.31	-0.52	0.32	0.17	-0.47	-0.53	-0.55	0.53	0.04	-0.03	0.53	0.3	0.61	-0.02	0.53		0.59	-0.34	0.58	-0.7	-0.06	0.6	-0.17	0.52
Other Stockholder Equity	0.76	-0.57	0.04	-0.56	0.68	0.77	-0.61	-0.73	-0.87	0.23	0.61	0.43	0.23	0.17	0.26	-0.46	0.93	0.59		-0.55	0.46	-0.51	0.56	0.36	-0.09	0.47
Total Liab	-0.86	1.0	0.72	0.97	-0.97	-0.47	0.99	-0.05	0.83	0.46	-0.9	-0.91	0.46	0.68	0.36	0.91	-0.23	-0.34	-0.55		0.4	0.77	-0.81	0.45	-0.76	0.32
Total Current Assets	-0.19	0.35	0.9	0.26	-0.29	0.22	0.28	-0.8	-0.08	0.85	-0.41	-0.6	0.85	0.94	0.79	0.56	0.7	0.58	0.46	0.4		0.01	-0.44	0.98	-0.88	0.93
Short Term Debt	-0.51	0.82	0.28	0.89	-0.76	-0.46	0.84	0.23	0.78	-0.06	-0.5	-0.45	-0.06	0.27	-0.16	0.46	-0.32	-0.7	-0.51	0.77	0.01		-0.3	-0.01	-0.38	-0.07
Intangible Assets	0.91	-0.75	-0.76	-0.63	0.85	0.49	-0.74	0.0	-0.71	-0.56	0.95	0.96	-0.56	-0.64	-0.5	-0.96	0.3	-0.06	0.56	-0.81	-0.44	-0.3		-0.54	0.66	-0.42
Long Term Debt	-0.31	0.4	0.92	0.29	-0.35	0.12	0.33	-0.78	-0.02	0.92	-0.52	-0.67	0.92	0.94	0.87	0.64	0.61	0.6	0.36	0.45	0.98	-0.01	-0.54		-0.89	0.89
Capital Lease Obligations	0.5	-0.72	-0.97	-0.65	0.64	-0.05	-0.68	0.62	-0.31	-0.8	0.67	0.83	-0.8	-0.99	-0.7	-0.82	-0.42	-0.17	-0.09	-0.76	-0.88	-0.38	0.66	-0.89		-0.83
Net Invested Capital	-0.08	0.26	0.86	0.15	-0.22	0.4	0.2	-0.7	-0.08	0.68	-0.3	-0.54	0.68	0.89	0.6	0.54	0.69	0.52	0.47	0.32	0.93	-0.07	-0.42	0.89	-0.83

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Edible Roic vs Net Income Per Share Analysis

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Roic

Net Income Per Share

Edible Garden fundamental ratios Correlations

Edible Garden Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

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

Non Current Liabilities Total	- 1.0	Non Currrent Assets Other
Capital Lease Obligations	- 0.99	Net Receivables
Total Liab	- 0.97	Total Stockholder Equity
Capital Lease Obligations	- 0.97	Other Current Liab
Intangible Assets	- 0.96	Non Current Liabilities Total
Net Debt	- 0.96	Total Stockholder Equity