Return On Asset ratio Analysis of Edible Garden AG Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Very Poor ROA
-134.47
Period Ending - Dec-22
Very Poor ROA
-178.79
Growth
24.79 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Very Poor ROA
-76.35
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-63.70
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
EDBL | 1.66 | 1.7 | 2.35 % | Farm Products |
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 ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Asset of Edible Garden AG Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 |
---|---|---|---|---|---|
ROA | -134.47 | -178.79 | -138.80 | -82.90 | -48.53 |
Change | 24.79 % | -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)