Return On Asset ratio Analysis of Edible Garden AG Inc - Deep Dive


Latest FY ROA
Period Ending - Dec-23

-134.47


Very Poor ROA
Period Ending - Dec-22
-178.79

Very Poor ROA
Growth
24.79 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-76.35


Very Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

-63.70


Very Poor ROA
ROA Analysis of Edible Garden AG Inc
ROA Ratio of Edible Garden AG Inc with value of -76.35 means poor return on Assets in trailing twelve months.
ROA Ratio of Edible Garden AG Inc with value of -63.70 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of EDBL rose handsomely by 24.79 % this year.
ROA Ratio with value of -48.53 was highest in Year Dec-19 in last Five Years.
ROA Ratio with value of -178.79 was lowest in Year Dec-22 in last Five Years.
Latest ROA Ratio with value of -134.47 is lower than Average ROA of -116.70 in last five years.
ROA of Edible Garden AG Inc is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of EDBL that may interest you.
Edible Garden AG Inc Overview
CodePricePrevious PricePrice ChangeSector
EDBL1.661.7 2.35 % Farm Products
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Asset of Edible Garden AG Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROA-134.47-178.79-138.80-82.90-48.53
Change24.79 %-28.82 %-67.43 %-70.83 %
FY Chart of Return On Asset of Edible Garden AG Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)