Skillful Craftsman Education Stock Working Capital
| EDTK Stock | USD 0.92 0.03 3.16% |
Skillful Craftsman Education fundamentals help investors to digest information that contributes to Skillful Craftsman's financial success or failures. It also enables traders to predict the movement of Skillful Stock. The fundamental analysis module provides a way to measure Skillful Craftsman's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skillful Craftsman stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 24.8 M | 26 M | |
| Change In Working Capital | -4.5 M | -4.3 M | |
| Working Capital | 0.00 | 0.00 |
Skillful | Working Capital |
Skillful Craftsman Education Company Working Capital Analysis
Skillful Craftsman's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Skillful Craftsman Working Capital | 21.53 M |
Most of Skillful Craftsman's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skillful Craftsman Education is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Skillful Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Skillful Craftsman is extremely important. It helps to project a fair market value of Skillful Stock properly, considering its historical fundamentals such as Working Capital. Since Skillful Craftsman's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skillful Craftsman's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skillful Craftsman's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
According to the company's disclosures, Skillful Craftsman Education has a Working Capital of 21.53 M. This is 98.9% lower than that of the Hotels, Restaurants & Leisure sector and 86.7% lower than that of the Consumer Discretionary industry. The working capital for all United States stocks is 98.54% higher than that of the company.
Skillful Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skillful Craftsman's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skillful Craftsman could also be used in its relative valuation, which is a method of valuing Skillful Craftsman by comparing valuation metrics of similar companies.Skillful Craftsman is currently under evaluation in working capital category among related companies.
Skillful Fundamentals
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.0602 | ||||
| Operating Margin | (0.54) % | ||||
| Current Valuation | 8.12 M | ||||
| Shares Outstanding | 15.45 M | ||||
| Shares Owned By Insiders | 48.70 % | ||||
| Shares Owned By Institutions | 2.54 % | ||||
| Number Of Shares Shorted | 10.43 K | ||||
| Price To Book | 0.56 X | ||||
| Price To Sales | 2.57 X | ||||
| Revenue | 11.32 M | ||||
| Gross Profit | (2.18 M) | ||||
| EBITDA | (10.1 M) | ||||
| Net Income | (20.91 M) | ||||
| Cash And Equivalents | 23.83 M | ||||
| Cash Per Share | 1.60 X | ||||
| Total Debt | 13.91 M | ||||
| Debt To Equity | 0.29 % | ||||
| Current Ratio | 3.43 X | ||||
| Book Value Per Share | 1.66 X | ||||
| Cash Flow From Operations | (2.56 M) | ||||
| Short Ratio | 0.25 X | ||||
| Earnings Per Share | (1.22) X | ||||
| Number Of Employees | 71 | ||||
| Beta | -0.32 | ||||
| Market Capitalization | 14.6 M | ||||
| Total Asset | 43.64 M | ||||
| Retained Earnings | 8.11 M | ||||
| Working Capital | 21.53 M | ||||
| Net Asset | 43.64 M |
About Skillful Craftsman Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Skillful Craftsman Education's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skillful Craftsman using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skillful Craftsman Education based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Skillful Craftsman
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skillful Craftsman position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skillful Craftsman will appreciate offsetting losses from the drop in the long position's value.Moving against Skillful Stock
| 0.43 | JZ | Jianzhi Education Report 4th of October 2024 | PairCorr |
The ability to find closely correlated positions to Skillful Craftsman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skillful Craftsman when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skillful Craftsman - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skillful Craftsman Education to buy it.
The correlation of Skillful Craftsman is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skillful Craftsman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skillful Craftsman moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skillful Craftsman can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Skillful Craftsman Piotroski F Score and Skillful Craftsman Altman Z Score analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Skillful Stock analysis
When running Skillful Craftsman's price analysis, check to measure Skillful Craftsman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skillful Craftsman is operating at the current time. Most of Skillful Craftsman's value examination focuses on studying past and present price action to predict the probability of Skillful Craftsman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skillful Craftsman's price. Additionally, you may evaluate how the addition of Skillful Craftsman to your portfolios can decrease your overall portfolio volatility.
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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.