Skkynet Cloud Systems (SKKY) Debt Ratio (2011 - 2026)
Skkynet Cloud Systems (SKKY) posted Debt Ratio of 0.09 for Q2 2026, down 32.96% sequentially from 0.13 in Q2 2023.
Skkynet Cloud Systems (SKKY) Debt Ratio (2011 - 2026) Analysis & Trends
Skkynet Cloud Systems has reported Debt Ratio for 10 years, with the latest figure at 0.09 in Q2 2026.
- Quarterly Debt Ratio changed N/A year-over-year to 0.09 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.09 (changed N/A YoY) and the FY2022 annual result came in at 0.12, up 167.98% from the prior year.
- Debt Ratio slipped to 0.09 in Q2 2026 per SKKY's latest filing, from 0.13 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.13 in Q2 2023 and troughed at 0.03 in Q3 2022.
- A 3-year average of 0.07 and a median of 0.07 in 2026 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio plunged 33.68% in 2022, then jumped 229.23% in 2023.
- Over 3 years, Debt Ratio stood at 0.12 in 2022, then increased by 9.26% to 0.13 in 2023, then tumbled by 32.96% to 0.09 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.09, 0.13, and 0.12 for Q2 2026, Q2 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 0.05 |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 0.47 |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 0.00 |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 0.05 |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 0.20 |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 0.21 |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 0.05 |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 0.16 |
| 10 | Skkynet Cloud Systems | 23.91 Mn | 22.58 Mn | - | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.09 |
| Apr 30, 2023 | 0.13 |
| Oct 31, 2022 | 0.12 |
| Jul 31, 2022 | 0.03 |
| Apr 30, 2022 | 0.04 |
| Jan 31, 2022 | 0.04 |
| Oct 30, 2021 | 0.04 |
| Jul 31, 2021 | 0.05 |
| Apr 30, 2021 | 0.05 |
| Jan 31, 2021 | 0.05 |
| Oct 30, 2020 | 0.03 |
| Jul 31, 2020 | 0.03 |
| Apr 30, 2020 | 0.03 |
| Oct 31, 2015 | 0.27 |
| Jul 31, 2015 | 0.23 |
| Oct 31, 2014 | 0.14 |
| Oct 31, 2013 | 0.43 |
| Apr 30, 2013 | 0.50 |
| Jan 31, 2013 | 0.64 |
| Oct 31, 2012 | 0.92 |