Edible Ev To Free Cash Flow vs Cash Ratio Analysis
EDBLW Stock | USD 0.01 0.0001 0.80% |
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 Ev To Free Cash Flow and its Cash Ratio 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.
Ev To Free Cash Flow vs Cash Ratio
Ev To Free Cash Flow vs Cash Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edible Garden AG Ev To Free Cash Flow account and Cash Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Edible Garden's Ev To Free Cash Flow and Cash Ratio is 0.74. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Cash Ratio 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 Ev To Free Cash Flow and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Edible Garden AG are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Ev To Free Cash Flow i.e., Edible Garden's Ev To Free Cash Flow and Cash Ratio go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Cash Ratio
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 |
Edible Garden fundamental ratios Correlations
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Edible Garden Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.