Growth Metrics

Skkynet Cloud Systems (SKKY) Debt Ratio (2020 - 2023)

Historic Debt Ratio for Skkynet Cloud Systems (SKKY) over the last 7 years, with Q2 2023 value amounting to 0.13.

  • Skkynet Cloud Systems' Debt Ratio rose 22922.73% to 0.13 in Q2 2023 from the same period last year, while for Apr 2023 it was 0.13, marking a year-over-year increase of 22922.73%. This contributed to the annual value of 0.12 for FY2022, which is 16797.55% up from last year.
  • According to the latest figures from Q2 2023, Skkynet Cloud Systems' Debt Ratio is 0.13, which was up 22922.73% from 0.12 recorded in Q4 2022.
  • Over the past 5 years, Skkynet Cloud Systems' Debt Ratio peaked at 0.13 during Q2 2023, and registered a low of 0.03 during Q4 2020.
  • In the last 4 years, Skkynet Cloud Systems' Debt Ratio had a median value of 0.04 in 2021 and averaged 0.05.
  • As far as peak fluctuations go, Skkynet Cloud Systems' Debt Ratio plummeted by 3368.06% in 2022, and later soared by 22922.73% in 2023.
  • Skkynet Cloud Systems' Debt Ratio (Quarter) stood at 0.03 in 2020, then soared by 58.94% to 0.04 in 2021, then surged by 167.98% to 0.12 in 2022, then rose by 9.26% to 0.13 in 2023.
  • Its Debt Ratio stands at 0.13 for Q2 2023, versus 0.12 for Q4 2022 and 0.03 for Q3 2022.