Skillful Retained Earnings vs Capital Surpluse Analysis

EDTK Stock

USD 0.91 0.01 1.11%

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 Retained Earnings and its Capital Surpluse 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.

Retained Earnings vs Capital Surpluse

Retained Earnings vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillful Craftsman Retained Earnings account and Capital Surpluse. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Skillful Craftsman's Retained Earnings and Capital Surpluse is 0.18. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Surpluse 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 Retained Earnings and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Skillful Craftsman Education are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Retained Earnings i.e., Skillful Craftsman's Retained Earnings and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Capital Surpluse

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 Amortization	12.0M	10.0M	11.5M	9.7M
Interest Income	66.3K	70.9K	63.8K	58.0K

Depreciation And Amortization Interest Income

Skillful Craftsman fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital
Total Assets		0.85	0.08	-0.7	0.98	0.87	0.59	-0.34	-0.74	0.75	-0.86	0.88	0.77	-0.11	0.88	0.43	0.74	0.19	-0.34	0.86	0.76	-0.11	0.96	0.86	0.9	0.84
Short Long Term Debt Total	0.85		0.41	-0.72	0.84	0.87	0.63	-0.26	-0.81	0.66	-0.99	0.89	0.47	0.0	0.89	0.37	0.72	0.2	-0.3	0.89	0.67	-0.16	0.84	0.95	0.9	0.82
Other Current Liab	0.08	0.41		0.19	0.02	-0.02	0.66	0.61	-0.43	0.42	-0.37	-0.03	0.2	-0.29	-0.03	-0.12	-0.29	-0.51	0.16	0.06	-0.33	0.37	-0.07	0.16	-0.03	-0.11
Total Current Liabilities	-0.7	-0.72	0.19		-0.69	-0.94	0.03	0.85	0.32	-0.11	0.77	-0.9	-0.19	-0.06	-0.9	-0.14	-0.87	-0.68	0.67	-0.88	-0.97	0.39	-0.82	-0.88	-0.88	-0.97
Total Stockholder Equity	0.98	0.84	0.02	-0.69		0.88	0.58	-0.34	-0.78	0.77	-0.85	0.89	0.71	0.04	0.89	0.54	0.78	0.15	-0.31	0.86	0.77	-0.25	0.96	0.85	0.92	0.84
Net Tangible Assets	0.87	0.87	-0.02	-0.94	0.88		0.28	-0.65	-0.61	0.44	-0.91	0.96	0.41	0.11	0.96	0.36	0.88	0.44	-0.58	0.95	0.94	-0.41	0.93	0.94	0.97	0.99
Property Plant And Equipment Net	0.59	0.63	0.66	0.03	0.58	0.28		0.52	-0.86	0.91	-0.58	0.32	0.69	-0.08	0.32	0.48	0.11	-0.48	0.26	0.31	-0.01	0.27	0.41	0.4	0.37	0.18
Current Deferred Revenue	-0.34	-0.26	0.61	0.85	-0.34	-0.65	0.52		-0.16	0.33	0.32	-0.61	0.13	-0.12	-0.61	0.05	-0.72	-0.84	0.66	-0.58	-0.85	0.46	-0.52	-0.52	-0.57	-0.73
Net Debt	-0.74	-0.81	-0.43	0.32	-0.78	-0.61	-0.86	-0.16		-0.87	0.79	-0.59	-0.56	-0.3	-0.59	-0.75	-0.46	0.28	0.02	-0.57	-0.36	0.22	-0.64	-0.62	-0.67	-0.52
Retained Earnings	0.75	0.66	0.42	-0.11	0.77	0.44	0.91	0.33	-0.87		-0.61	0.48	0.78	-0.06	0.48	0.55	0.3	-0.43	0.18	0.49	0.18	0.05	0.62	0.49	0.54	0.34
Accounts Payable	-0.86	-0.99	-0.37	0.77	-0.85	-0.91	-0.58	0.32	0.79	-0.61		-0.89	-0.49	-0.01	-0.89	-0.36	-0.71	-0.21	0.4	-0.89	-0.73	0.19	-0.85	-0.95	-0.89	-0.87
Cash	0.88	0.89	-0.03	-0.9	0.89	0.96	0.32	-0.61	-0.59	0.48	-0.89		0.4	0.0	1.0	0.32	0.93	0.51	-0.4	0.99	0.9	-0.29	0.97	0.98	0.99	0.96
Non Current Assets Total	0.77	0.47	0.2	-0.19	0.71	0.41	0.69	0.13	-0.56	0.78	-0.49	0.4		-0.37	0.4	0.27	0.19	-0.26	-0.14	0.38	0.28	0.28	0.59	0.4	0.42	0.36
Non Currrent Assets Other	-0.11	0.0	-0.29	-0.06	0.04	0.11	-0.08	-0.12	-0.3	-0.06	-0.01	0.0	-0.37		0.0	0.76	0.22	-0.04	-0.09	-0.08	0.14	-0.77	-0.05	-0.07	0.11	0.09
Cash And Short Term Investments	0.88	0.89	-0.03	-0.9	0.89	0.96	0.32	-0.61	-0.59	0.48	-0.89	1.0	0.4	0.0		0.32	0.93	0.51	-0.4	0.99	0.9	-0.29	0.97	0.98	0.99	0.96
Net Receivables	0.43	0.37	-0.12	-0.14	0.54	0.36	0.48	0.05	-0.75	0.55	-0.36	0.32	0.27	0.76	0.32		0.41	-0.19	0.02	0.21	0.28	-0.51	0.38	0.24	0.43	0.3
Common Stock Total Equity	0.74	0.72	-0.29	-0.87	0.78	0.88	0.11	-0.72	-0.46	0.3	-0.71	0.93	0.19	0.22	0.93	0.41		0.66	-0.4	0.89	0.91	-0.47	0.88	0.86	0.94	0.9
Common Stock Shares Outstanding	0.19	0.2	-0.51	-0.68	0.15	0.44	-0.48	-0.84	0.28	-0.43	-0.21	0.51	-0.26	-0.04	0.51	-0.19	0.66		-0.42	0.47	0.66	-0.14	0.37	0.47	0.45	0.54
Capital Surpluse	-0.34	-0.3	0.16	0.67	-0.31	-0.58	0.26	0.66	0.02	0.18	0.4	-0.4	-0.14	-0.09	-0.4	0.02	-0.4	-0.42		-0.39	-0.66	0.46	-0.35	-0.4	-0.39	-0.62
Other Current Assets	0.86	0.89	0.06	-0.88	0.86	0.95	0.31	-0.58	-0.57	0.49	-0.89	0.99	0.38	-0.08	0.99	0.21	0.89	0.47	-0.39		0.86	-0.27	0.94	0.98	0.97	0.93
Other Stockholder Equity	0.76	0.67	-0.33	-0.97	0.77	0.94	-0.01	-0.85	-0.36	0.18	-0.73	0.9	0.28	0.14	0.9	0.28	0.91	0.66	-0.66	0.86		-0.46	0.86	0.84	0.9	0.97
Total Liab	-0.11	-0.16	0.37	0.39	-0.25	-0.41	0.27	0.46	0.22	0.05	0.19	-0.29	0.28	-0.77	-0.29	-0.51	-0.47	-0.14	0.46	-0.27	-0.46		-0.24	-0.18	-0.35	-0.4
Net Invested Capital	0.96	0.84	-0.07	-0.82	0.96	0.93	0.41	-0.52	-0.64	0.62	-0.85	0.97	0.59	-0.05	0.97	0.38	0.88	0.37	-0.35	0.94	0.86	-0.24		0.92	0.97	0.91
Property Plant And Equipment Gross	0.86	0.95	0.16	-0.88	0.85	0.94	0.4	-0.52	-0.62	0.49	-0.95	0.98	0.4	-0.07	0.98	0.24	0.86	0.47	-0.4	0.98	0.84	-0.18	0.92		0.96	0.93
Total Current Assets	0.9	0.9	-0.03	-0.88	0.92	0.97	0.37	-0.57	-0.67	0.54	-0.89	0.99	0.42	0.11	0.99	0.43	0.94	0.45	-0.39	0.97	0.9	-0.35	0.97	0.96		0.95
Net Working Capital	0.84	0.82	-0.11	-0.97	0.84	0.99	0.18	-0.73	-0.52	0.34	-0.87	0.96	0.36	0.09	0.96	0.3	0.9	0.54	-0.62	0.93	0.97	-0.4	0.91	0.93	0.95

Click cells to compare fundamentals

Skillful Craftsman Account Relationship Matchups

Skillful Craftsman fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.7M	59.2M	73.1M	43.6M	50.2M	54.1M
Other Current Liab	17.5M	1.3M	908.2K	1.4M	1.3M	1.2M
Total Current Liabilities	17.8M	13.3M	8.0M	3.0M	2.7M	2.6M
Total Stockholder Equity	27.9M	45.6M	50.3M	27.0M	31.0M	33.1M
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	228.7K	217.3K
Current Deferred Revenue	16.7M	11.5M	6.9M	1.4M	1.2M	1.2M
Net Debt	(11.9M)	(17.5M)	(9.0M)	(7.1M)	(6.4M)	(6.7M)
Retained Earnings	27.7M	30.4M	29.0M	8.1M	9.3M	8.9M
Accounts Payable	249.1K	113.7K	77.3K	21.9K	19.7K	18.7K
Cash	11.9M	17.5M	23.8M	21.0M	24.1M	16.4M
Non Current Assets Total	31.6M	34.2M	45.6M	19.1M	22.0M	34.3M
Non Currrent Assets Other	(31.6M)	28.4K	(45.6M)	(19.1M)	(22.0M)	(23.1M)
Cash And Short Term Investments	11.9M	17.5M	23.8M	21.0M	24.1M	16.4M
Net Receivables	78.8K	5.8M	285.3K	492.9K	566.9K	538.5K
Common Stock Shares Outstanding	9M	11.0M	13.7M	14.9M	17.1M	13.5M
Liabilities And Stockholders Equity	45.7M	59.2M	73.1M	43.6M	50.2M	54.1M
Non Current Liabilities Total	50.9K	312.9K	14.8M	13.7M	15.7M	16.5M
Inventory	899.1K	2.0M	(5.7M)	1.0	0.9	0.95
Other Current Assets	2.0M	1.8M	3.4M	3.0M	3.5M	2.0M
Other Stockholder Equity	213.5K	13.4M	18.1M	19.1M	21.9M	23.0M
Total Liab	17.8M	13.6M	22.8M	16.7M	15.0M	15.3M
Net Invested Capital	27.9M	45.6M	65.1M	40.6M	46.7M	38.4M
Property Plant And Equipment Gross	12.3M	13.7M	21.9M	20.4M	23.5M	15.3M
Total Current Assets	14.0M	25.0M	27.5M	24.5M	28.2M	19.8M
Accumulated Other Comprehensive Income	(660.7K)	1.7M	3.2M	(216.0K)	(248.5K)	(236.0K)
Net Working Capital	(3.8M)	11.7M	19.5M	21.5M	24.8M	26.0M
Short Term Debt	(16.7M)	448.5K	166.4K	224.8K	258.5K	271.5K
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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Skillful Craftsman in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Skillful Craftsman's short interest history, or implied volatility extrapolated from Skillful Craftsman options trading.

Pair Trading with Skillful Craftsman

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skillful Craftsman position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skillful Craftsman will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Skillful Craftsman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skillful Craftsman when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skillful Craftsman - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skillful Craftsman Education to buy it.

The correlation of Skillful Craftsman is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skillful Craftsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skillful Craftsman moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Skillful Craftsman can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Skillful

Details

Is Skillful Stock a good investment?

Details

What is Skillful Craftsman's Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

View

Largest Education & Training Services Companies

View

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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.

	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Skillful Retained Earnings vs Capital Surpluse Analysis

Retained Earnings vs Capital Surpluse

Retained Earnings vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Retained Earnings

Capital Surpluse

Skillful Craftsman fundamental ratios Correlations

Skillful Craftsman Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skillful Craftsman fundamental ratios Accounts

Pair Trading with Skillful Craftsman

Complementary Tools for Skillful Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Working Capital	+ 0.99	Net Tangible Assets
Other Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash
Other Current Assets	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.99	Cash And Short Term Investments

Accounts Payable	- 0.99	Short Long Term Debt Total
Net Working Capital	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.97	Total Current Liabilities
Property Plant And Equipment Gross	- 0.95	Accounts Payable
Net Tangible Assets	- 0.94	Total Current Liabilities
Accounts Payable	- 0.91	Net Tangible Assets