Skkynet Cloud Systems (SKKY) Debt Ratio (2011 - 2023)

Skkynet Cloud Systems has disclosed Debt Ratio across 7 years of filings, most recently posting 0.13 for Q2 2023.

• Debt Ratio for Q2 2023 came in at 0.13, up 229.23% year-over-year; the trailing twelve-month figure through Apr 2023 was 0.13 (up 229.23% YoY), and the FY2022 annual result was 0.12, up 167.98% from the prior year.
• Debt Ratio came in at 0.13 for Q2 2023 at Skkynet Cloud Systems, up from 0.12 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.13 in Q2 2023 to a low of 0.03 in Q4 2020.
• The 4-year median for Debt Ratio is 0.04 (2021), against an average of 0.05.
• Across the five-year window, Debt Ratio plunged 33.68% in 2022 and surged 229.23% in 2023, its largest moves.
• Skkynet Cloud Systems' Debt Ratio stood at 0.03 in 2020, then surged by 58.94% to 0.04 in 2021, then surged by 167.98% to 0.12 in 2022, then climbed by 9.26% to 0.13 in 2023.
• The last three Debt Ratio figures came in at 0.13 (Q2 2023), 0.12 (Q4 2022), and 0.03 (Q3 2022), per Business Quant data.