Skkynet Cloud Systems (SKKY) Debt to Equity (2011 - 2023)
Skkynet Cloud Systems' (SKKY) quarterly Debt to Equity came in at $0.29 in Q2 2023, up 247.97% year-on-year from $0.08 in Q2 2022, and up 44.51% quarter-over-quarter from $0.2 in Q4 2022.
Skkynet Cloud Systems (SKKY) Debt to Equity (2011 - 2023) Analysis & Trends
Skkynet Cloud Systems has disclosed Debt to Equity across 7 years of filings, most recently posting $0.29 for Q2 2023.
- Debt to Equity for Q2 2023 came in at $0.29, up 247.97% year-over-year; the trailing twelve-month figure through Apr 2023 was $0.29 (up 247.97% YoY), and the FY2022 annual result was $0.2, up 87.57% from the prior year.
- Debt to Equity came in at $0.29 for Q2 2023 at 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.
- The 4-year median for Debt to Equity is $0.09 (2021), against an average of $0.1.
- Across the five-year window, Debt to Equity tumbled 30.89% in 2022 and surged 247.97% in 2023, its largest moves.
- Skkynet Cloud Systems' Debt to Equity stood at $0.06 in 2020, then soared by 67.22% to $0.11 in 2021, then soared by 87.57% to $0.2 in 2022, then surged by 44.51% to $0.29 in 2023.
- The last three Debt to Equity figures came in at $0.29 (Q2 2023), $0.2 (Q4 2022), and $0.06 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,095.86 Bn | 3,017.59 Bn | 56.06 Bn | 0.10 |
| 2 | Alarum Technologies | 1,030.32 Bn | 1,016.16 Bn | 7.23 Mn | - |
| 3 | Oracle | 614.12 Bn | 575.54 Bn | 15.14 Bn | 3.24 |
| 4 | Palantir Technologies | 324.44 Bn | 316.52 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 189.07 Bn | 184.54 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 168.14 Bn | 165.09 Bn | 993.68 Mn | 0.17 |
| 7 | Fortinet | 106.89 Bn | 103.59 Bn | 1.49 Bn | 0.50 |
| 8 | Cloudflare | 88.20 Bn | 87.25 Bn | 455.60 Mn | 0.85 |
| 9 | Synopsys | 88.13 Bn | 88.01 Bn | 1.77 Bn | 0.33 |
| 10 | Skkynet Cloud Systems | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2023 | 0.29 |
| Oct 31, 2022 | 0.20 |
| Jul 31, 2022 | 0.06 |
| Apr 30, 2022 | 0.08 |
| Jan 31, 2022 | 0.11 |
| Oct 30, 2021 | 0.11 |
| Jul 31, 2021 | 0.08 |
| Apr 30, 2021 | 0.09 |
| Jan 31, 2021 | 0.10 |
| Oct 30, 2020 | 0.06 |
| Jul 31, 2020 | 0.04 |
| Apr 30, 2020 | 0.04 |
| Oct 31, 2013 | -7.49 |
| Apr 30, 2013 | -0.61 |
| Jan 31, 2013 | -0.66 |
| Oct 31, 2012 | -0.57 |
| Oct 31, 2011 | 0.64 |