Skillful Intangible Assets vs Total Liab Analysis
EDTK Stock | USD 1.04 0.03 2.97% |
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 Intangible Assets and its Total Liab 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.
Intangible Assets vs Total Liab
Intangible Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillful Craftsman Intangible Assets account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Skillful Craftsman's Intangible Assets and Total Liab is 0.47. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Liab 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 Intangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Skillful Craftsman Education are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Intangible Assets i.e., Skillful Craftsman's Intangible Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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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Try AI Portfolio ArchitectCheck 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. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.