Skkynet Cloud Systems Inc
Skkynet Cloud Systems, Inc., an industrial software and services vendor, provides connectivity and data acquisition solutions to various industrial and office hardware and software products in North America, Europe, the Asia Pacific, South America, and internationally. The company offers DataHub software, including applications for real-time graphical web display of data; connecting data from ope… Read more
Skkynet Cloud Systems Inc (SKKY) - Net Assets
Latest net assets as of October 2025: $1.03 Million USD
Based on the latest financial reports, Skkynet Cloud Systems Inc (SKKY) has net assets worth $1.03 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.83 Million) and total liabilities ($803.30K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.03 Million |
| % of Total Assets | 56.13% |
| Annual Growth Rate | N/A |
| 5-Year Change | 127.09% |
| 10-Year Change | 317.32% |
| Growth Volatility | 44.53 |
Skkynet Cloud Systems Inc - Net Assets Trend (2012–2025)
This chart illustrates how Skkynet Cloud Systems Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Skkynet Cloud Systems Inc (2012–2025)
The table below shows the annual net assets of Skkynet Cloud Systems Inc from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $1.03 Million | +15.53% |
| 2024-10-31 | $889.53K | +24.30% |
| 2023-10-31 | $715.64K | +6.72% |
| 2022-10-31 | $670.60K | +48.18% |
| 2021-10-31 | $452.57K | -3.58% |
| 2020-10-31 | $469.38K | -19.12% |
| 2019-10-31 | $580.31K | -11.55% |
| 2018-10-31 | $656.09K | +15.28% |
| 2017-10-31 | $569.12K | +131.10% |
| 2016-10-31 | $246.27K | -47.04% |
| 2015-10-31 | $465.00K | -17.64% |
| 2014-10-31 | $564.59K | +2242.66% |
| 2013-10-31 | $-26.35K | +91.25% |
| 2012-10-31 | $-301.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skkynet Cloud Systems Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 580351100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.48 Million | 727.37% |
| Total Equity | $1.03 Million | 100.00% |
Skkynet Cloud Systems Inc Competitors by Market Cap
The table below lists competitors of Skkynet Cloud Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MicroBase Technology Corp.
TWO:3184
|
$11.06 Million |
|
AztechWB Co. Ltd
KQ:032080
|
$11.06 Million |
|
Dgenx Co. Ltd
KQ:113810
|
$11.06 Million |
|
Medicus Pharma Ltd. Warrant
NASDAQ:MDCXW
|
$11.07 Million |
|
Halcones Precious Metals Corp.
V:HPM
|
$11.05 Million |
|
Hansung Ent
KO:003680
|
$11.05 Million |
|
Parkway Corporate Ltd
AU:PWN
|
$11.05 Million |
|
Alliance Nickel Ltd
AU:AXN
|
$11.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skkynet Cloud Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 889,530 to 1,027,715, a change of 138,185 (15.5%).
- Net income of 35,351 contributed positively to equity growth.
- Other factors increased equity by 102,834.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.35K | +3.44% |
| Other Changes | $102.83K | +10.01% |
| Total Change | $- | 15.53% |
Book Value vs Market Value Analysis
This analysis compares Skkynet Cloud Systems Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 45.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-10-31 | $0.00 | $0.88 | x |
| 2014-10-31 | $0.01 | $0.88 | x |
| 2015-10-31 | $0.01 | $0.88 | x |
| 2016-10-31 | $0.00 | $0.88 | x |
| 2017-10-31 | $0.01 | $0.88 | x |
| 2018-10-31 | $0.01 | $0.88 | x |
| 2019-10-31 | $0.01 | $0.88 | x |
| 2020-10-31 | $0.01 | $0.88 | x |
| 2021-10-31 | $0.01 | $0.88 | x |
| 2022-10-31 | $0.01 | $0.88 | x |
| 2023-10-31 | $0.01 | $0.88 | x |
| 2024-10-31 | $0.02 | $0.88 | x |
| 2025-10-31 | $0.02 | $0.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skkynet Cloud Systems Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.39%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 1.78x
- Recent ROE (3.44%) is above the historical average (-101.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -30.84% | 1.70x | 0.00x | $-239.05K |
| 2014 | -187.62% | -115.53% | 0.86x | 1.90x | $-1.12 Million |
| 2015 | -282.26% | -107.44% | 1.85x | 1.42x | $-1.36 Million |
| 2016 | -445.63% | -93.61% | 2.60x | 1.83x | $-1.12 Million |
| 2017 | -130.54% | -55.60% | 1.76x | 1.33x | $-799.84K |
| 2018 | -74.81% | -33.47% | 1.62x | 1.38x | $-556.45K |
| 2019 | -99.23% | -42.11% | 1.58x | 1.49x | $-633.89K |
| 2020 | -66.33% | -20.66% | 1.38x | 2.32x | $-358.27K |
| 2021 | -36.15% | -8.94% | 1.66x | 2.44x | $-208.84K |
| 2022 | 4.88% | 1.52% | 1.88x | 1.71x | $-34.30K |
| 2023 | -13.68% | -4.12% | 1.89x | 1.76x | $-169.44K |
| 2024 | 11.14% | 3.87% | 1.65x | 1.74x | $10.14K |
| 2025 | 3.44% | 1.39% | 1.39x | 1.78x | $-67.42K |
Industry Comparison
This section compares Skkynet Cloud Systems Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skkynet Cloud Systems Inc (SKKY) | $1.03 Million | 0.00% | 0.78x | $11.05 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |