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) - Total Assets
Latest total assets as of October 2025: $1.83 Million USD
Based on the latest financial reports, Skkynet Cloud Systems Inc (SKKY) holds total assets worth $1.83 Million USD as of October 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Skkynet Cloud Systems Inc - Total Assets Trend (2012–2025)
This chart illustrates how Skkynet Cloud Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Skkynet Cloud Systems Inc - Asset Composition Analysis
Current Asset Composition (October 2025)
Skkynet Cloud Systems Inc's total assets of $1.83 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 78.0% |
| Accounts Receivable | $376.83K | 20.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how Skkynet Cloud Systems Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Skkynet Cloud Systems Inc's current assets represent 100.0% of total assets in 2025, an increase from 0.0% in 2012.
- Cash Position: Cash and equivalents constituted 78.0% of total assets in 2025, up from 53.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 20.6% of total assets.
Skkynet Cloud Systems Inc Competitors by Total Assets
Key competitors of Skkynet Cloud Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Skkynet Cloud Systems Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Skkynet Cloud Systems Inc generates 1.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Skkynet Cloud Systems Inc generates $ 1.93 in net profit.
Skkynet Cloud Systems Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.28 | 2.34 | 2.33 |
| Quick Ratio | 2.28 | 2.34 | 2.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.03 Million | $ 887.37K | $ 498.94K |
Skkynet Cloud Systems Inc - Advanced Valuation Insights
This section examines the relationship between Skkynet Cloud Systems Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 10.76 |
| Latest Market Cap to Assets Ratio | 6.04 |
| Asset Growth Rate (YoY) | 18.2% |
| Total Assets | $1.83 Million |
| Market Capitalization | $11.05 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Skkynet Cloud Systems Inc's assets at a significant premium ( 6.04x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Skkynet Cloud Systems Inc's assets grew by 18.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Skkynet Cloud Systems Inc (2012–2025)
The table below shows the annual total assets of Skkynet Cloud Systems Inc from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | $1.83 Million | +18.17% |
| 2024-10-31 | $1.55 Million | +23.31% |
| 2023-10-31 | $1.26 Million | +9.74% |
| 2022-10-31 | $1.14 Million | +3.72% |
| 2021-10-31 | $1.10 Million | +1.44% |
| 2020-10-31 | $1.09 Million | +25.69% |
| 2019-10-31 | $865.85K | -4.16% |
| 2018-10-31 | $903.39K | +19.03% |
| 2017-10-31 | $758.96K | +68.63% |
| 2016-10-31 | $450.07K | -31.85% |
| 2015-10-31 | $660.42K | -38.28% |
| 2014-10-31 | $1.07 Million | +131.96% |
| 2013-10-31 | $461.27K | +102.31% |
| 2012-10-31 | $228.00K | -- |