Skillful Tax Provision from 2010 to 2024

EDTK Stock  USD 0.97  0.00  0.000003%   
Skillful Craftsman Tax Provision yearly trend continues to be quite stable with very little volatility. Tax Provision may rise above about -25.9 K this year. Tax Provision is the amount set aside by Skillful Craftsman Education to cover any estimated taxes for the current period. It reflects Skillful Craftsman's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
-27.3 K
Current Value
-25.9 K
Quarterly Volatility
1.1 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Skillful Craftsman Education over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Skillful Craftsman's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Skillful Tax Provision Regression Statistics

Arithmetic Mean1,781,782
Geometric Mean1,031,584
Coefficient Of Variation61.30
Mean Deviation819,837
Median2,004,711
Standard Deviation1,092,203
Sample Variance1.2T
Range3.5M
R-Value(0.47)
Mean Square Error1T
R-Squared0.22
Significance0.08
Slope(113,999)
Total Sum of Squares16.7T

Skillful Tax Provision History

2024-25.9 K
2023-27.3 K
2022422.9 K
2021608.6 K
20203.5 M
20193.3 M
20182.9 M

About Skillful Craftsman Financial Statements

Skillful Craftsman investors utilize fundamental indicators, such as Tax Provision, 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
Tax Provision-27.3 K-25.9 K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.