Skillful Craftsman Education Technology Balance Sheet Health
Financial Health criteria checks 5/6
Skillful Craftsman Education Technology has a total shareholder equity of $21.5M and total debt of $13.3M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are $36.3M and $14.8M respectively.
Key information
61.8%
Debt to equity ratio
US$13.29m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.83m |
| Equity | US$21.50m |
| Total liabilities | US$14.82m |
| Total assets | US$36.32m |
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 ($18.9M) exceed its short term liabilities ($1.6M).
Long Term Liabilities: EDTK's short term assets ($18.9M) exceed its long term liabilities ($13.3M).
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 0% to 61.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EDTK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EDTK has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 49.6% each year