Skillful Total Assets vs Long Term Debt Analysis
EDTK Stock | USD 0.97 0.04 3.96% |
Skillful Craftsman financial indicator trend analysis is much more than just breaking down Skillful Craftsman prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skillful Craftsman is a good investment. Please check the relationship between Skillful Craftsman Total Assets and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Skillful Craftsman Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Total Assets vs Long Term Debt
Total Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillful Craftsman Total Assets account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Skillful Craftsman's Total Assets and Long Term Debt is -0.24. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Skillful Craftsman Education, assuming nothing else is changed. The correlation between historical values of Skillful Craftsman's Total Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Skillful Craftsman Education are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., Skillful Craftsman's Total Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Skillful Craftsman assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Skillful Craftsman books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Long Term Debt
Long-term debt is a debt that Skillful Craftsman has held for over one year. Long-term debt appears on Skillful Craftsman Education balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Skillful Craftsman Education balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Skillful Craftsman's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skillful Craftsman 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 Skillful Craftsman Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Skillful Craftsman's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 1.01 this year, although Enterprise Value Multiple is projected to rise to (2.75).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 12.0M | 10.0M | 258.0K | 245.1K | Interest Income | 66.3K | 70.9K | 72.6K | 58.0K |
Skillful Craftsman fundamental ratios Correlations
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Skillful Craftsman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Skillful Craftsman fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 45.7M | 59.2M | 73.1M | 43.6M | 36.3M | 52.1M | |
Other Current Liab | 17.5M | 1.3M | 908.2K | 1.1M | 1.3M | 1.2M | |
Total Current Liabilities | 17.8M | 13.3M | 8.0M | 3.0M | 1.6M | 1.5M | |
Total Stockholder Equity | 27.9M | 45.6M | 50.3M | 27.0M | 21.5M | 31.8M | |
Net Tangible Assets | 1.2M | 8.6M | 25.1M | 30.3M | 34.9M | 36.6M | |
Property Plant And Equipment Net | 12.3M | 13.7M | 10.7M | 254.1K | 54.4K | 51.7K | |
Current Deferred Revenue | 16.7M | 11.5M | 6.9M | 1.4M | 111.6K | 106.0K | |
Net Debt | (11.9M) | (17.5M) | (9.0M) | (7.1M) | (4.6M) | (4.8M) | |
Retained Earnings | 27.7M | 30.4M | 29.0M | 8.1M | 3.4M | 3.2M | |
Accounts Payable | 249.1K | 113.7K | 77.3K | 21.9K | (39.5K) | (37.5K) | |
Cash | 11.9M | 17.5M | 23.8M | 21.0M | 17.8M | 16.9M | |
Non Current Assets Total | 31.6M | 34.2M | 45.6M | 19.1M | 17.4M | 23.4M | |
Non Currrent Assets Other | (31.6M) | 28.4K | (45.6M) | (19.1M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 11.9M | 17.5M | 23.8M | 21.0M | 17.8M | 16.9M | |
Net Receivables | 78.8K | 5.8M | 285.3K | 492.9K | 41.1K | 39.0K | |
Common Stock Shares Outstanding | 9M | 11.0M | 13.7M | 14.9M | 15.4M | 14.0M | |
Liabilities And Stockholders Equity | 45.7M | 59.2M | 73.1M | 43.6M | 36.3M | 52.1M | |
Non Current Liabilities Total | 50.9K | 312.9K | 14.8M | 13.7M | 13.3M | 8.0M | |
Inventory | 899.1K | 2.0M | (5.7M) | 1.0 | 0.9 | 0.95 | |
Other Current Assets | 2.0M | 1.8M | 1.7M | 1.1M | 1.0M | 1.3M | |
Other Stockholder Equity | 213.5K | 13.4M | 18.1M | 19.1M | 19.1M | 11.5M | |
Total Liab | 17.8M | 13.6M | 22.8M | 16.7M | 14.8M | 14.8M | |
Net Invested Capital | 27.9M | 45.6M | 65.1M | 40.6M | 34.7M | 38.3M | |
Property Plant And Equipment Gross | 12.3M | 13.7M | 21.9M | 20.4M | 19.8M | 16.2M | |
Total Current Assets | 14.0M | 25.0M | 27.5M | 24.5M | 18.9M | 19.9M | |
Accumulated Other Comprehensive Income | (660.7K) | 1.7M | 3.2M | (216.0K) | (949.6K) | (902.1K) | |
Net Working Capital | (3.8M) | 11.7M | 19.5M | 21.5M | 17.3M | 18.2M | |
Short Term Debt | 16.7M | 448.5K | 166.4K | 224.8K | 39.5K | 37.5K | |
Intangible Assets | 19.3M | 20.4M | 19.9M | 4.6M | 4.1M | 3.9M | |
Property Plant Equipment | 14.0M | 12.3M | 13.7M | 10.7M | 12.3M | 11.4M |
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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skillful Craftsman. If investors know Skillful will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skillful Craftsman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share (0.31) | Revenue Per Share 0.129 | Quarterly Revenue Growth (0.88) | Return On Assets (0.03) |
The market value of Skillful Craftsman is measured differently than its book value, which is the value of Skillful that is recorded on the company's balance sheet. Investors also form their own opinion of Skillful Craftsman's value that differs from its market value or its book value, called intrinsic value, which is Skillful Craftsman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skillful Craftsman's market value can be influenced by many factors that don't directly affect Skillful Craftsman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skillful Craftsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skillful Craftsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skillful Craftsman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.