Skillful Accounts Payable vs Long Term Debt Analysis

EDTK Stock  USD 1.11  0.02  1.83%   
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 Accounts Payable and its Long Term Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Accounts Payable vs Long Term Debt

Accounts Payable vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skillful Craftsman Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Skillful Craftsman's Accounts Payable and Long Term Debt is 0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt 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 Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Skillful Craftsman Education are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., Skillful Craftsman's Accounts Payable and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Skillful Craftsman obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Skillful Craftsman are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Debt

Long-term debt is a debt that Skillful Craftsman has held for over one year. Long-term debt appears on Skillful Craftsman Education balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Skillful Craftsman Education balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Skillful Craftsman's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 15.9 M this year, although the value of Tax Provision will most likely fall to about 361.6 K.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization12.0M10.0M11.5M9.7M
Interest Income66.3K70.9K63.8K58.0K

Skillful Craftsman fundamental ratios Correlations

0.850.08-0.70.980.870.59-0.34-0.740.75-0.860.880.77-0.110.880.430.740.19-0.340.860.76-0.110.960.860.90.84
0.850.41-0.720.840.870.63-0.26-0.810.66-0.990.890.470.00.890.370.720.2-0.30.890.67-0.160.840.950.90.82
0.080.410.190.02-0.020.660.61-0.430.42-0.37-0.030.2-0.29-0.03-0.12-0.29-0.510.160.06-0.330.37-0.070.16-0.03-0.11
-0.7-0.720.19-0.69-0.940.030.850.32-0.110.77-0.9-0.19-0.06-0.9-0.14-0.87-0.680.67-0.88-0.970.39-0.82-0.88-0.88-0.97
0.980.840.02-0.690.880.58-0.34-0.780.77-0.850.890.710.040.890.540.780.15-0.310.860.77-0.250.960.850.920.84
0.870.87-0.02-0.940.880.28-0.65-0.610.44-0.910.960.410.110.960.360.880.44-0.580.950.94-0.410.930.940.970.99
0.590.630.660.030.580.280.52-0.860.91-0.580.320.69-0.080.320.480.11-0.480.260.31-0.010.270.410.40.370.18
-0.34-0.260.610.85-0.34-0.650.52-0.160.330.32-0.610.13-0.12-0.610.05-0.72-0.840.66-0.58-0.850.46-0.52-0.52-0.57-0.73
-0.74-0.81-0.430.32-0.78-0.61-0.86-0.16-0.870.79-0.59-0.56-0.3-0.59-0.75-0.460.280.02-0.57-0.360.22-0.64-0.62-0.67-0.52
0.750.660.42-0.110.770.440.910.33-0.87-0.610.480.78-0.060.480.550.3-0.430.180.490.180.050.620.490.540.34
-0.86-0.99-0.370.77-0.85-0.91-0.580.320.79-0.61-0.89-0.49-0.01-0.89-0.36-0.71-0.210.4-0.89-0.730.19-0.85-0.95-0.89-0.87
0.880.89-0.03-0.90.890.960.32-0.61-0.590.48-0.890.40.01.00.320.930.51-0.40.990.9-0.290.970.980.990.96
0.770.470.2-0.190.710.410.690.13-0.560.78-0.490.4-0.370.40.270.19-0.26-0.140.380.280.280.590.40.420.36
-0.110.0-0.29-0.060.040.11-0.08-0.12-0.3-0.06-0.010.0-0.370.00.760.22-0.04-0.09-0.080.14-0.77-0.05-0.070.110.09
0.880.89-0.03-0.90.890.960.32-0.61-0.590.48-0.891.00.40.00.320.930.51-0.40.990.9-0.290.970.980.990.96
0.430.37-0.12-0.140.540.360.480.05-0.750.55-0.360.320.270.760.320.41-0.190.020.210.28-0.510.380.240.430.3
0.740.72-0.29-0.870.780.880.11-0.72-0.460.3-0.710.930.190.220.930.410.66-0.40.890.91-0.470.880.860.940.9
0.190.2-0.51-0.680.150.44-0.48-0.840.28-0.43-0.210.51-0.26-0.040.51-0.190.66-0.420.470.66-0.140.370.470.450.54
-0.34-0.30.160.67-0.31-0.580.260.660.020.180.4-0.4-0.14-0.09-0.40.02-0.4-0.42-0.39-0.660.46-0.35-0.4-0.39-0.62
0.860.890.06-0.880.860.950.31-0.58-0.570.49-0.890.990.38-0.080.990.210.890.47-0.390.86-0.270.940.980.970.93
0.760.67-0.33-0.970.770.94-0.01-0.85-0.360.18-0.730.90.280.140.90.280.910.66-0.660.86-0.460.860.840.90.97
-0.11-0.160.370.39-0.25-0.410.270.460.220.050.19-0.290.28-0.77-0.29-0.51-0.47-0.140.46-0.27-0.46-0.24-0.18-0.35-0.4
0.960.84-0.07-0.820.960.930.41-0.52-0.640.62-0.850.970.59-0.050.970.380.880.37-0.350.940.86-0.240.920.970.91
0.860.950.16-0.880.850.940.4-0.52-0.620.49-0.950.980.4-0.070.980.240.860.47-0.40.980.84-0.180.920.960.93
0.90.9-0.03-0.880.920.970.37-0.57-0.670.54-0.890.990.420.110.990.430.940.45-0.390.970.9-0.350.970.960.95
0.840.82-0.11-0.970.840.990.18-0.73-0.520.34-0.870.960.360.090.960.30.90.54-0.620.930.97-0.40.910.930.95
Click cells to compare fundamentals

Skillful Craftsman Account Relationship Matchups

Skillful Craftsman fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.7M59.2M73.1M43.6M50.2M54.1M
Other Current Liab17.5M1.3M908.2K1.4M1.3M1.2M
Total Current Liabilities17.8M13.3M8.0M3.0M2.7M2.6M
Total Stockholder Equity27.9M45.6M50.3M27.0M31.0M33.1M
Net Tangible Assets1.2M8.6M25.1M30.3M34.9M36.6M
Property Plant And Equipment Net12.3M13.7M10.7M254.1K228.7K217.3K
Current Deferred Revenue16.7M11.5M6.9M1.4M1.2M1.2M
Net Debt(11.9M)(17.5M)(9.0M)(7.1M)(6.4M)(6.7M)
Retained Earnings27.7M30.4M29.0M8.1M9.3M8.9M
Accounts Payable249.1K113.7K77.3K21.9K19.7K18.7K
Cash11.9M17.5M23.8M21.0M24.1M16.4M
Non Current Assets Total31.6M34.2M45.6M19.1M22.0M34.3M
Non Currrent Assets Other(31.6M)28.4K(45.6M)(19.1M)(22.0M)(23.1M)
Cash And Short Term Investments11.9M17.5M23.8M21.0M24.1M16.4M
Net Receivables78.8K5.8M285.3K492.9K566.9K538.5K
Common Stock Shares Outstanding9M11.0M13.7M14.9M17.1M13.5M
Liabilities And Stockholders Equity45.7M59.2M73.1M43.6M50.2M54.1M
Non Current Liabilities Total50.9K312.9K14.8M13.7M15.7M16.5M
Inventory899.1K2.0M(5.7M)1.00.90.95
Other Current Assets2.0M1.8M3.4M3.0M3.5M2.0M
Other Stockholder Equity213.5K13.4M18.1M19.1M21.9M23.0M
Total Liab17.8M13.6M22.8M16.7M15.0M15.3M
Net Invested Capital27.9M45.6M65.1M40.6M46.7M38.4M
Property Plant And Equipment Gross12.3M13.7M21.9M20.4M23.5M15.3M
Total Current Assets14.0M25.0M27.5M24.5M28.2M19.8M
Accumulated Other Comprehensive Income(660.7K)1.7M3.2M(216.0K)(248.5K)(236.0K)
Net Working Capital(3.8M)11.7M19.5M21.5M24.8M26.0M
Short Term Debt16.7M448.5K166.4K224.8K202.3K192.2K
Intangible Assets19.3M20.4M19.9M4.6M4.1M3.9M
Property Plant Equipment14.0M12.3M13.7M10.7M12.3M11.4M

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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 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.