Skillful Debt Equity Ratio from 2010 to 2024

EDTK Stock  USD 1.00  0.04  3.85%   
Skillful Craftsman Debt Equity Ratio yearly trend continues to be quite stable with very little volatility. The value of Debt Equity Ratio is projected to decrease to 0.31. From the period between 2010 and 2024, Skillful Craftsman, Debt Equity Ratio regression line of its data series had standard deviation of  0.15 and standard deviation of  0.15. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.61634444
Current Value
0.31
Quarterly Volatility
0.14706174
 
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 Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Skillful Craftsman Education over the last few years. It is Skillful Craftsman's Debt Equity Ratio 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.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Skillful Debt Equity Ratio Regression Statistics

Arithmetic Mean0.25
Geometric Mean0.22
Coefficient Of Variation58.66
Mean Deviation0.11
Median0.14
Standard Deviation0.15
Sample Variance0.02
Range0.4728
R-Value0.80
Mean Square Error0.01
R-Squared0.63
Significance0.0004
Slope0.03
Total Sum of Squares0.30

Skillful Debt Equity Ratio History

2024 0.31
2023 0.62
2022 0.51
2018 0.29

About Skillful Craftsman Financial Statements

Skillful Craftsman investors utilize fundamental indicators, such as Debt Equity Ratio, 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
Debt Equity Ratio 0.62  0.31 

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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 the analysis of Skillful Craftsman Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on 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.