Skkynet Cloud Systems (SKKY) Debt Ratio (2020 - 2023)
Skkynet Cloud Systems' Debt Ratio history spans 7 years, with the latest figure at 0.13 for Q2 2023.
- For Q2 2023, Debt Ratio rose 229.23% year-over-year to 0.13; the TTM value through Apr 2023 reached 0.13, up 229.23%, while the annual FY2022 figure was 0.12, 167.98% up from the prior year.
- Debt Ratio for Q2 2023 was 0.13 at Skkynet Cloud Systems, up from 0.12 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.13 in Q2 2023 and bottomed at 0.03 in Q4 2020.
- The 4-year median for Debt Ratio is 0.04 (2021), against an average of 0.05.
- The largest annual shift saw Debt Ratio tumbled 33.68% in 2022 before it soared 229.23% in 2023.
- A 4-year view of Debt Ratio shows it stood at 0.03 in 2020, then soared by 58.94% to 0.04 in 2021, then soared by 167.98% to 0.12 in 2022, then grew by 9.26% to 0.13 in 2023.
- Per Business Quant, the three most recent readings for SKKY's Debt Ratio are 0.13 (Q2 2023), 0.12 (Q4 2022), and 0.03 (Q3 2022).