Skkynet Cloud Systems (SKKY) Debt Ratio (2020 - 2023)
Skkynet Cloud Systems (SKKY) has disclosed Debt Ratio for 7 consecutive years, with 0.13 as the latest value for Q2 2023.
- Quarterly Debt Ratio rose 229.23% to 0.13 in Q2 2023 from the year-ago period, while the trailing twelve-month figure was 0.13 through Apr 2023, up 229.23% year-over-year, with the annual reading at 0.12 for FY2022, 167.98% up from the prior year.
- Debt Ratio hit 0.13 in Q2 2023 for 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.
- Historically, Debt Ratio has averaged 0.05 across 4 years, with a median of 0.04 in 2021.
- Biggest five-year swings in Debt Ratio: crashed 33.68% in 2022 and later skyrocketed 229.23% in 2023.
- Year by year, Debt Ratio stood at 0.03 in 2020, then skyrocketed by 58.94% to 0.04 in 2021, then skyrocketed by 167.98% to 0.12 in 2022, then increased by 9.26% to 0.13 in 2023.
- Business Quant data shows Debt Ratio for SKKY at 0.13 in Q2 2023, 0.12 in Q4 2022, and 0.03 in Q3 2022.