Skillful Other Stockholder Equity vs Total Assets Analysis

EDTK Stock  USD 1.01  0.03  3.06%   
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 Other Stockholder Equity and its Total Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillful Craftsman Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Skillful Craftsman's Other Stockholder Equity and Total Assets is 0.76. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets 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 Other Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Skillful Craftsman Education are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., Skillful Craftsman's Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

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.
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Skillful Craftsman's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 15.9 M this year, although the value of Tax Provision will most likely fall to about 361.6 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization12.0M10.0M11.5M9.7M
Interest Income66.3K70.9K63.8K58.0K

Skillful Craftsman fundamental ratios Correlations

0.850.08-0.70.980.870.59-0.34-0.740.75-0.860.880.77-0.110.880.430.740.19-0.340.860.76-0.110.960.860.90.84
0.850.41-0.720.840.870.63-0.26-0.810.66-0.990.890.470.00.890.370.720.2-0.30.890.67-0.160.840.950.90.82
0.080.410.190.02-0.020.660.61-0.430.42-0.37-0.030.2-0.29-0.03-0.12-0.29-0.510.160.06-0.330.37-0.070.16-0.03-0.11
-0.7-0.720.19-0.69-0.940.030.850.32-0.110.77-0.9-0.19-0.06-0.9-0.14-0.87-0.680.67-0.88-0.970.39-0.82-0.88-0.88-0.97
0.980.840.02-0.690.880.58-0.34-0.780.77-0.850.890.710.040.890.540.780.15-0.310.860.77-0.250.960.850.920.84
0.870.87-0.02-0.940.880.28-0.65-0.610.44-0.910.960.410.110.960.360.880.44-0.580.950.94-0.410.930.940.970.99
0.590.630.660.030.580.280.52-0.860.91-0.580.320.69-0.080.320.480.11-0.480.260.31-0.010.270.410.40.370.18
-0.34-0.260.610.85-0.34-0.650.52-0.160.330.32-0.610.13-0.12-0.610.05-0.72-0.840.66-0.58-0.850.46-0.52-0.52-0.57-0.73
-0.74-0.81-0.430.32-0.78-0.61-0.86-0.16-0.870.79-0.59-0.56-0.3-0.59-0.75-0.460.280.02-0.57-0.360.22-0.64-0.62-0.67-0.52
0.750.660.42-0.110.770.440.910.33-0.87-0.610.480.78-0.060.480.550.3-0.430.180.490.180.050.620.490.540.34
-0.86-0.99-0.370.77-0.85-0.91-0.580.320.79-0.61-0.89-0.49-0.01-0.89-0.36-0.71-0.210.4-0.89-0.730.19-0.85-0.95-0.89-0.87
0.880.89-0.03-0.90.890.960.32-0.61-0.590.48-0.890.40.01.00.320.930.51-0.40.990.9-0.290.970.980.990.96
0.770.470.2-0.190.710.410.690.13-0.560.78-0.490.4-0.370.40.270.19-0.26-0.140.380.280.280.590.40.420.36
-0.110.0-0.29-0.060.040.11-0.08-0.12-0.3-0.06-0.010.0-0.370.00.760.22-0.04-0.09-0.080.14-0.77-0.05-0.070.110.09
0.880.89-0.03-0.90.890.960.32-0.61-0.590.48-0.891.00.40.00.320.930.51-0.40.990.9-0.290.970.980.990.96
0.430.37-0.12-0.140.540.360.480.05-0.750.55-0.360.320.270.760.320.41-0.190.020.210.28-0.510.380.240.430.3
0.740.72-0.29-0.870.780.880.11-0.72-0.460.3-0.710.930.190.220.930.410.66-0.40.890.91-0.470.880.860.940.9
0.190.2-0.51-0.680.150.44-0.48-0.840.28-0.43-0.210.51-0.26-0.040.51-0.190.66-0.420.470.66-0.140.370.470.450.54
-0.34-0.30.160.67-0.31-0.580.260.660.020.180.4-0.4-0.14-0.09-0.40.02-0.4-0.42-0.39-0.660.46-0.35-0.4-0.39-0.62
0.860.890.06-0.880.860.950.31-0.58-0.570.49-0.890.990.38-0.080.990.210.890.47-0.390.86-0.270.940.980.970.93
0.760.67-0.33-0.970.770.94-0.01-0.85-0.360.18-0.730.90.280.140.90.280.910.66-0.660.86-0.460.860.840.90.97
-0.11-0.160.370.39-0.25-0.410.270.460.220.050.19-0.290.28-0.77-0.29-0.51-0.47-0.140.46-0.27-0.46-0.24-0.18-0.35-0.4
0.960.84-0.07-0.820.960.930.41-0.52-0.640.62-0.850.970.59-0.050.970.380.880.37-0.350.940.86-0.240.920.970.91
0.860.950.16-0.880.850.940.4-0.52-0.620.49-0.950.980.4-0.070.980.240.860.47-0.40.980.84-0.180.920.960.93
0.90.9-0.03-0.880.920.970.37-0.57-0.670.54-0.890.990.420.110.990.430.940.45-0.390.970.9-0.350.970.960.95
0.840.82-0.11-0.970.840.990.18-0.73-0.520.34-0.870.960.360.090.960.30.90.54-0.620.930.97-0.40.910.930.95
Click cells to compare fundamentals

Skillful Craftsman Account Relationship Matchups

Skillful Craftsman fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.7M59.2M73.1M43.6M50.2M54.1M
Other Current Liab17.5M1.3M908.2K1.4M1.3M1.2M
Total Current Liabilities17.8M13.3M8.0M3.0M2.7M2.6M
Total Stockholder Equity27.9M45.6M50.3M27.0M31.0M33.1M
Net Tangible Assets1.2M8.6M25.1M30.3M34.9M36.6M
Property Plant And Equipment Net12.3M13.7M10.7M254.1K228.7K217.3K
Current Deferred Revenue16.7M11.5M6.9M1.4M1.2M1.2M
Net Debt(11.9M)(17.5M)(9.0M)(7.1M)(6.4M)(6.7M)
Retained Earnings27.7M30.4M29.0M8.1M9.3M8.9M
Accounts Payable249.1K113.7K77.3K21.9K19.7K18.7K
Cash11.9M17.5M23.8M21.0M24.1M16.4M
Non Current Assets Total31.6M34.2M45.6M19.1M22.0M34.3M
Non Currrent Assets Other(31.6M)28.4K(45.6M)(19.1M)(22.0M)(23.1M)
Cash And Short Term Investments11.9M17.5M23.8M21.0M24.1M16.4M
Net Receivables78.8K5.8M285.3K492.9K566.9K538.5K
Common Stock Shares Outstanding9M11.0M13.7M14.9M17.1M13.5M
Liabilities And Stockholders Equity45.7M59.2M73.1M43.6M50.2M54.1M
Non Current Liabilities Total50.9K312.9K14.8M13.7M15.7M16.5M
Inventory899.1K2.0M(5.7M)1.00.90.95
Other Current Assets2.0M1.8M3.4M3.0M3.5M2.0M
Other Stockholder Equity213.5K13.4M18.1M19.1M21.9M23.0M
Total Liab17.8M13.6M22.8M16.7M15.0M15.3M
Net Invested Capital27.9M45.6M65.1M40.6M46.7M38.4M
Property Plant And Equipment Gross12.3M13.7M21.9M20.4M23.5M15.3M
Total Current Assets14.0M25.0M27.5M24.5M28.2M19.8M
Accumulated Other Comprehensive Income(660.7K)1.7M3.2M(216.0K)(248.5K)(236.0K)
Net Working Capital(3.8M)11.7M19.5M21.5M24.8M26.0M
Short Term Debt16.7M448.5K166.4K224.8K202.3K192.2K
Intangible Assets19.3M20.4M19.9M4.6M4.1M3.9M
Property Plant Equipment14.0M12.3M13.7M10.7M12.3M11.4M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Skillful Craftsman using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Skillful Craftsman is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Skillful Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Skillful Craftsman Education Stock. Highlighted below are key reports to facilitate an investment decision about Skillful Craftsman Education Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Skillful Stock analysis

When running Skillful Craftsman's price analysis, check to measure Skillful Craftsman'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 Skillful Craftsman is operating at the current time. Most of Skillful Craftsman's value examination focuses on studying past and present price action to predict the probability of Skillful Craftsman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skillful Craftsman's price. Additionally, you may evaluate how the addition of Skillful Craftsman to your portfolios can decrease your overall portfolio volatility.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Skillful Craftsman's industry 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
(1.22)
Revenue Per Share
0.364
Quarterly Revenue Growth
(0.80)
Return On Assets
(0.06)
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.