Skillful Retained Earnings vs Property Plant And Equipment Net Analysis

EDTK Stock  USD 1.10  0.09  8.91%   
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 Property Plant And Equipment Net 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 Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net 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 Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Skillful Craftsman's Retained Earnings and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Skillful Craftsman's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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

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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.