Skillful Depreciation And Amortization vs Operating Income Analysis
EDTK Stock | USD 0.97 0.00 0.000003% |
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 Depreciation And Amortization and its Operating Income 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 closely tied with the direction of predictive economic indicators such as signals in estimate.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillful Craftsman Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Skillful Craftsman's Depreciation And Amortization and Operating Income is -0.11. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income 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 Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Skillful Craftsman Education are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Skillful Craftsman's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Operating Income
Operating Income is the amount of profit realized from Skillful Craftsman operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Skillful Craftsman Education is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Skillful Craftsman's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 1.01 this year, although Enterprise Value Multiple is projected to rise to (2.75).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 12.0M | 10.0M | 258.0K | 245.1K | Interest Income | 66.3K | 70.9K | 72.6K | 58.0K |
Skillful Craftsman fundamental ratios Correlations
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Skillful Craftsman Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Skillful Craftsman fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 45.7M | 59.2M | 73.1M | 43.6M | 36.3M | 52.1M | |
Other Current Liab | 17.5M | 1.3M | 908.2K | 1.1M | 1.3M | 1.2M | |
Total Current Liabilities | 17.8M | 13.3M | 8.0M | 3.0M | 1.6M | 1.5M | |
Total Stockholder Equity | 27.9M | 45.6M | 50.3M | 27.0M | 21.5M | 31.8M | |
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 | 54.4K | 51.7K | |
Current Deferred Revenue | 16.7M | 11.5M | 6.9M | 1.4M | 111.6K | 106.0K | |
Net Debt | (11.9M) | (17.5M) | (9.0M) | (7.1M) | (4.6M) | (4.8M) | |
Retained Earnings | 27.7M | 30.4M | 29.0M | 8.1M | 3.4M | 3.2M | |
Accounts Payable | 249.1K | 113.7K | 77.3K | 21.9K | (39.5K) | (37.5K) | |
Cash | 11.9M | 17.5M | 23.8M | 21.0M | 17.8M | 16.9M | |
Non Current Assets Total | 31.6M | 34.2M | 45.6M | 19.1M | 17.4M | 23.4M | |
Non Currrent Assets Other | (31.6M) | 28.4K | (45.6M) | (19.1M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 11.9M | 17.5M | 23.8M | 21.0M | 17.8M | 16.9M | |
Net Receivables | 78.8K | 5.8M | 285.3K | 492.9K | 41.1K | 39.0K | |
Common Stock Shares Outstanding | 9M | 11.0M | 13.7M | 14.9M | 15.4M | 14.0M | |
Liabilities And Stockholders Equity | 45.7M | 59.2M | 73.1M | 43.6M | 36.3M | 52.1M | |
Non Current Liabilities Total | 50.9K | 312.9K | 14.8M | 13.7M | 13.3M | 8.0M | |
Inventory | 899.1K | 2.0M | (5.7M) | 1.0 | 0.9 | 0.95 | |
Other Current Assets | 2.0M | 1.8M | 1.7M | 1.1M | 1.0M | 1.3M | |
Other Stockholder Equity | 213.5K | 13.4M | 18.1M | 19.1M | 19.1M | 11.5M | |
Total Liab | 17.8M | 13.6M | 22.8M | 16.7M | 14.8M | 14.8M | |
Net Invested Capital | 27.9M | 45.6M | 65.1M | 40.6M | 34.7M | 38.3M | |
Property Plant And Equipment Gross | 12.3M | 13.7M | 21.9M | 20.4M | 19.8M | 16.2M | |
Total Current Assets | 14.0M | 25.0M | 27.5M | 24.5M | 18.9M | 19.9M | |
Accumulated Other Comprehensive Income | (660.7K) | 1.7M | 3.2M | (216.0K) | (949.6K) | (902.1K) | |
Net Working Capital | (3.8M) | 11.7M | 19.5M | 21.5M | 17.3M | 18.2M | |
Short Term Debt | 16.7M | 448.5K | 166.4K | 224.8K | 39.5K | 37.5K | |
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 |
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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.