Skillful Craftsman Education Technology Balance Sheet Health
Financial Health criteria checks 3/6
Skillful Craftsman Education Technology has a total shareholder equity of $25.6M and total debt of $13.1M, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are $41.0M and $15.4M respectively.
Key information
51.3%
Debt to equity ratio
US$13.13m
Debt
| Interest coverage ratio | n/a |
| Cash | US$19.72m |
| Equity | US$25.61m |
| Total liabilities | US$15.42m |
| Total assets | US$41.03m |
Recent financial health updates
Recent updates
Investor Optimism Abounds Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) But Growth Is Lacking
Dec 28
Skillful Craftsman Education Technology (NASDAQ:EDTK) Will Want To Turn Around Its Return Trends
Jul 19The Returns On Capital At Skillful Craftsman Education Technology (NASDAQ:EDTK) Don't Inspire Confidence
Dec 10Skillful Craftsman Education Technology Limited's (NASDAQ:EDTK) Share Price Is Matching Sentiment Around Its Earnings
Jun 11Skillful Craftsman Education Technology reports FY results
Jun 09Boasting A 20% Return On Equity, Is Skillful Craftsman Education Technology Limited (NASDAQ:EDTK) A Top Quality Stock?
Feb 14We're Not So Sure You Should Rely on Skillful Craftsman Education Technology's (NASDAQ:EDTK) Statutory Earnings
Dec 23Financial Position Analysis
Short Term Liabilities: EDTK's short term assets ($21.9M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: EDTK's short term assets ($21.9M) exceed its long term liabilities ($13.1M).
Debt to Equity History and Analysis
Debt Level: EDTK has more cash than its total debt.
Reducing Debt: EDTK's debt to equity ratio has increased from 5.3% to 51.3% over the past 5 years.
Debt Coverage: EDTK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EDTK's interest payments on its debt are well covered by EBIT.