Skillful Quick Ratio from 2010 to 2024

EDTK Stock  USD 1.03  0.01  0.98%   
Skillful Craftsman Quick Ratio yearly trend continues to be quite stable with very little volatility. Quick Ratio may rise above 12.59 this year. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
11.99155215
Current Value
12.59
Quarterly Volatility
4.39147793
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skillful Craftsman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skillful Craftsman's main balance sheet or income statement drivers, such as Interest Income of 58 K, Depreciation And Amortization of 245.1 K or Interest Expense of 1.1 M, as well as many indicators such as Price To Sales Ratio of 8.03, Dividend Yield of 0.0 or PTB Ratio of 0.68. Skillful financial statements analysis is a perfect complement when working with Skillful Craftsman Valuation or Volatility modules.
  
Check out the analysis of Skillful Craftsman Correlation against competitors.

Latest Skillful Craftsman's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Skillful Craftsman Education over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Skillful Craftsman's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skillful Craftsman's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Skillful Quick Ratio Regression Statistics

Arithmetic Mean2.78
Geometric Mean0.87
Coefficient Of Variation157.88
Mean Deviation3.34
Median0.27
Standard Deviation4.39
Sample Variance19.29
Range12.3228
R-Value0.78
Mean Square Error8.06
R-Squared0.61
Significance0.0006
Slope0.77
Total Sum of Squares269.99

Skillful Quick Ratio History

2024 12.59
2023 11.99
2022 8.17
2021 3.43
2020 1.88
2019 0.79
2018 0.74

About Skillful Craftsman Financial Statements

Skillful Craftsman investors utilize fundamental indicators, such as Quick Ratio, to predict how Skillful Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 11.99  12.59 

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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 the analysis of Skillful Craftsman Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.