Edible Total Revenue vs Gross Profit 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 Total Revenue and its Gross Profit 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 Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Edible Garden's Total Revenue and Gross Profit is -0.81. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit 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 Revenue and Gross Profit 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 Revenue of Edible Garden AG are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., Edible Garden's Total Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Edible Garden AG generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Edible Garden AG minus its cost of goods sold. It is profit before Edible Garden operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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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