Edible Return On Equity from 2010 to 2024
EDBL Stock | USD 0.15 0.01 6.25% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 35.375 | Current Value 37.14 | Quarterly Volatility 12.93303519 |
Check Edible Garden financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edible Garden's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 693.4 K or Selling General Administrative of 7.7 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0019 or Days Sales Outstanding of 34.64. Edible financial statements analysis is a perfect complement when working with Edible Garden Valuation or Volatility modules.
Edible | Return On Equity |
Latest Edible Garden's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Edible Garden AG over the last few years. Return on Equity is the amount of Edible Garden AG net income returned as a percentage of Edible Garden equity. Return on equity measures Edible Garden profitability by revealing how much profit Edible Garden AG generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Edible Garden's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edible Garden's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported -6.03 | 10 Years Trend |
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Return On Equity |
Timeline |
Edible Return On Equity Regression Statistics
Arithmetic Mean | 4.87 | |
Geometric Mean | 1.83 | |
Coefficient Of Variation | 265.77 | |
Mean Deviation | 8.69 | |
Median | (0.95) | |
Standard Deviation | 12.93 | |
Sample Variance | 167.26 | |
Range | 38.087 | |
R-Value | 0.67 | |
Mean Square Error | 99.66 | |
R-Squared | 0.45 | |
Significance | 0.01 | |
Slope | 1.93 | |
Total Sum of Squares | 2,342 |
Edible Return On Equity History
About Edible Garden Financial Statements
Edible Garden investors utilize fundamental indicators, such as Return On Equity, to predict how Edible Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Return On Equity | 35.38 | 37.14 |
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Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edible Garden. If investors know Edible will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edible Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (18.61) | Revenue Per Share 21.628 | Quarterly Revenue Growth 0.011 | Return On Assets (0.58) | Return On Equity (6.03) |
The market value of Edible Garden AG is measured differently than its book value, which is the value of Edible that is recorded on the company's balance sheet. Investors also form their own opinion of Edible Garden's value that differs from its market value or its book value, called intrinsic value, which is Edible Garden's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edible Garden's market value can be influenced by many factors that don't directly affect Edible Garden's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edible Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edible Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edible Garden's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.