Edible Garden Balance Sheet Health
Financial Health criteria checks 5/6
Edible Garden has a total shareholder equity of $3.3M and total debt of $2.0M, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are $8.9M and $5.6M respectively.
Key information
61.1%
Debt to equity ratio
US$1.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.21m |
| Equity | US$3.26m |
| Total liabilities | US$5.60m |
| Total assets | US$8.86m |
Recent financial health updates
Recent updates
Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 26%
Sep 21
Positive Sentiment Still Eludes Edible Garden AG Incorporated (NASDAQ:EDBL) Following 66% Share Price Slump
Jun 01Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 29%
Mar 26A Piece Of The Puzzle Missing From Edible Garden AG Incorporated's (NASDAQ:EDBL) 27% Share Price Climb
Dec 22Analysts Have Been Trimming Their Edible Garden AG Incorporated (NASDAQ:EDBL) Price Target After Its Latest Report
Mar 25Financial Position Analysis
Short Term Liabilities: EDBL's short term assets ($5.4M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: EDBL's short term assets ($5.4M) exceed its long term liabilities ($734.0K).
Debt to Equity History and Analysis
Debt Level: EDBL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if EDBL's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EDBL has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EDBL is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.