Growth Metrics

Skkynet Cloud Systems (SKKY) Debt to Equity (2020 - 2023)

Skkynet Cloud Systems (SKKY) has disclosed Debt to Equity for 7 consecutive years, with $0.29 as the latest value for Q2 2023.

  • Quarterly Debt to Equity rose 247.97% to $0.29 in Q2 2023 from the year-ago period, while the trailing twelve-month figure was $0.29 through Apr 2023, up 247.97% year-over-year, with the annual reading at $0.2 for FY2022, 87.57% up from the prior year.
  • Debt to Equity hit $0.29 in Q2 2023 for Skkynet Cloud Systems, up from $0.2 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.29 in Q2 2023 to a low of $0.04 in Q2 2020.
  • Historically, Debt to Equity has averaged $0.1 across 4 years, with a median of $0.09 in 2021.
  • Biggest five-year swings in Debt to Equity: plummeted 30.89% in 2022 and later skyrocketed 247.97% in 2023.
  • Year by year, Debt to Equity stood at $0.06 in 2020, then surged by 67.22% to $0.11 in 2021, then surged by 87.57% to $0.2 in 2022, then skyrocketed by 44.51% to $0.29 in 2023.
  • Business Quant data shows Debt to Equity for SKKY at $0.29 in Q2 2023, $0.2 in Q4 2022, and $0.06 in Q3 2022.