Growth Metrics

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.

  • On a quarterly basis, Debt Ratio rose 229.23% to 0.13 in Q2 2023 year-over-year; TTM through Apr 2023 was 0.13, a 229.23% increase, with the full-year FY2022 number at 0.12, up 167.98% from a year prior.
  • Debt Ratio hit 0.13 in Q2 2023 for Skkynet Cloud Systems, up from 0.12 in the prior quarter.
  • Over the last five years, Debt Ratio for SKKY hit a ceiling of 0.13 in Q2 2023 and a floor 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.
  • Tracing SKKY's Debt Ratio over 4 years: 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.
  • 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.