RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Skkynet Cloud Systems Stock

Skkynet Cloud Systems Liabilities 2024

Skkynet Cloud Systems Liabilities

540,910.01 USD

Ticker

SKKY

ISIN

US8307191002

WKN

A2N4CL

In 2024, Skkynet Cloud Systems's total liabilities amounted to 540,910.01 USD, a 14.02% difference from the 474,400.01 USD total liabilities in the previous year.

Skkynet Cloud Systems Aktienanalyse

What does Skkynet Cloud Systems do?

Skkynet Cloud Systems Inc was founded in Canada in 2002 by Andrew Thomas and Paul Thomas. The company specializes in developing solutions for industrial automation. They offer a platform that allows for the connection of different systems and enables real-time data transfer. Skkynet is a pioneer in cloud-based industrial automation and has received numerous awards for its innovative products. The business model of Skkynet is based on helping companies connect their various systems. Skkynet's platform provides a secure and reliable way to collect, process, and analyze data from different systems. There are various modules that can be customized to meet the specific requirements of customers, whether it's machines, equipment, or entire factories. Skkynet specializes in various sectors, the main ones being: 1. Industrial Automation: Skkynet provides solutions for companies to connect machines and equipment and transfer data in real-time. This helps companies make their production processes more efficient and optimize maintenance. Skkynet's platform can work with different systems, regardless of manufacturer or protocol. 2. Energy: Skkynet provides solutions for energy providers to connect their facilities and optimize electricity consumption. This helps companies increase their energy efficiency and save costs. Skkynet's platform enables real-time monitoring and control of energy facilities. 3. Transport: Skkynet provides solutions for companies in the transport sector to connect their vehicles and fleets and optimize operations. This helps companies increase the efficiency of their transport processes and save costs. Skkynet's platform allows real-time monitoring of vehicles and data transfer to various systems. Skkynet offers various products, the main ones being: 1. SkkyHub: Skkynet's main platform that allows for secure and reliable connection of different systems. The platform is capable of processing large amounts of data in real-time and offers excellent scalability. 2. DataHub: A tool that enables the integration of data from different systems. Companies can collect, process, and analyze their data using DataHub, which can work with different data sources regardless of manufacturer or protocol. 3. SkkyNet API: An interface that allows companies to access Skkynet's functions. Companies can develop their own applications and access Skkynet's platform using SkkyNet API. In recent years, Skkynet has received numerous awards for its innovative products. The company works with various companies in different industries, including Siemens, General Electric, Rockwell Automation, and Honeywell. Overall, Skkynet Cloud Systems Inc is a pioneer in cloud-based industrial automation. Their platform allows companies to connect their various systems and transfer data in real-time. The company specializes in different sectors and offers various products to meet the needs of customers. Skkynet Cloud Systems ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Skkynet Cloud Systems's Liabilities

Skkynet Cloud Systems's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Skkynet Cloud Systems's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Skkynet Cloud Systems's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Skkynet Cloud Systems's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Skkynet Cloud Systems’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Skkynet Cloud Systems stock

What is the level of liabilities of Skkynet Cloud Systems this year?

Skkynet Cloud Systems has a debt balance of 540,910.01 USD this year.

What were the liabilities of Skkynet Cloud Systems compared to the previous year?

The liabilities of Skkynet Cloud Systems have increased by 14.02% increased compared to the previous year.

What are the consequences of high debt for investors of Skkynet Cloud Systems?

High liabilities can pose a risk for investors of Skkynet Cloud Systems, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Skkynet Cloud Systems?

Low liabilities mean that Skkynet Cloud Systems has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Skkynet Cloud Systems affect the company?

An increase in liabilities of Skkynet Cloud Systems can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Skkynet Cloud Systems affect the company?

A decrease in the liabilities of Skkynet Cloud Systems can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Skkynet Cloud Systems?

Some factors that can influence the liabilities of Skkynet Cloud Systems include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Skkynet Cloud Systems so important for investors?

The liabilities of Skkynet Cloud Systems are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Skkynet Cloud Systems take to modify the liabilities?

To change its liabilities, Skkynet Cloud Systems can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Skkynet Cloud Systems pay?

Over the past 12 months, Skkynet Cloud Systems paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Skkynet Cloud Systems is expected to pay a dividend of 0 USD.

What is the dividend yield of Skkynet Cloud Systems?

The current dividend yield of Skkynet Cloud Systems is .

When does Skkynet Cloud Systems pay dividends?

Skkynet Cloud Systems pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Skkynet Cloud Systems?

Skkynet Cloud Systems paid dividends every year for the past 0 years.

What is the dividend of Skkynet Cloud Systems?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Skkynet Cloud Systems located?

Skkynet Cloud Systems is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Skkynet Cloud Systems kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Skkynet Cloud Systems from 10/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/5/2024.

When did Skkynet Cloud Systems pay the last dividend?

The last dividend was paid out on 10/5/2024.

What was the dividend of Skkynet Cloud Systems in the year 2023?

In the year 2023, Skkynet Cloud Systems distributed 0 USD as dividends.

In which currency does Skkynet Cloud Systems pay out the dividend?

The dividends of Skkynet Cloud Systems are distributed in USD.

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Andere Kennzahlen von Skkynet Cloud Systems

Our stock analysis for Skkynet Cloud Systems Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Skkynet Cloud Systems Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.