Edible Total Current Liabilities vs Total Stockholder Equity 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 Total Current Liabilities and its Total Stockholder Equity 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.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between Edible Garden's Total Current Liabilities and Total Stockholder Equity is -0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity 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 Total Current Liabilities and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Edible Garden AG are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Edible Garden's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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Total Current Liabilities

Total Current Liabilities is an item on Edible Garden balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Edible Garden AG are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Garden Account Relationship Matchups

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Edible Total Current Liabilities vs Total Stockholder Equity Analysis

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Total Stockholder Equity

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