Edible Return On Assets from 2010 to 2024

EDBLW Stock  USD 0.01  0  16.00%   
Edible Garden Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to -1.61 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Edible Garden AG earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(1.53)
Current Value
(1.61)
Quarterly Volatility
0.59187551
 
Credit Downgrade
 
Yuan Drop
 
Covid
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, Selling General Administrative of 7.7 M or Selling And Marketing Expenses of 95.6 K, 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.
  
Check out the analysis of Edible Garden Correlation against competitors.

Latest Edible Garden's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Edible Garden AG over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Edible Garden's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Edible Return On Assets Regression Statistics

Arithmetic Mean(0.84)
Coefficient Of Variation(70.19)
Mean Deviation0.48
Median(0.49)
Standard Deviation0.59
Sample Variance0.35
Range1.7979
R-Value(0.77)
Mean Square Error0.16
R-Squared0.59
Significance0.0009
Slope(0.10)
Total Sum of Squares4.90

Edible Return On Assets History

2024 -1.61
2023 -1.53
2022 -2.28
2021 -1.54
2020 -0.83

About Edible Garden Financial Statements

Edible Garden investors use historical fundamental indicators, such as Edible Garden's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Edible Garden. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(1.53)(1.61)

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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.