SKKY (Skkynet Cloud Systems) Current Ratio: 2.08 (As of Apr. 2026) — 11% Below Median

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SKKY Skkynet Cloud Systems Inc SKKY
45 GF Score
Price $0.49
GF Value $0.45
Valuation Fairly Valued
! 2 Warning Signs
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What is Skkynet Cloud Systems Current Ratio?

Skkynet Cloud Systems SKKY 45 Current Ratio is 2.08 as of Apr. 2026, which is 11% below its 10-year median of 2.34. GuruFocus rates SKKY with a GF Score™ of 45/100 and a GF Value™ of $0.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,870 Software companies, Skkynet Cloud Systems ranks better than 57.21% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Skkynet Cloud Systems's current ratio for the quarter that ended in Apr. 2026 was 2.08.

Skkynet Cloud Systems has a current ratio of 2.08. It generally indicates good short-term financial strength.

The historical rank and industry rank for Skkynet Cloud Systems's Current Ratio or its related term are showing as below:

SKKY' s Current Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.34   Max: 5.35
Current: 2.08

During the past 13 years, Skkynet Cloud Systems's highest Current Ratio was 5.35. The lowest was 1.24. And the median was 2.34.

SKKY's Current Ratio is ranked better than
57.21% of 2870 companies
in the Software industry
Industry Median: 1.81 vs SKKY: 2.08

Skkynet Cloud Systems  (OTCPK:SKKY) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Skkynet Cloud Systems Current Ratio Related Terms


Skkynet Cloud Systems Current Ratio Historical Data

* Premium members only.

The historical data trend for Skkynet Cloud Systems's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Skkynet Cloud Systems Current Ratio Chart

Skkynet Cloud Systems Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 2.50 2.31 2.34 2.28

Skkynet Cloud Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.22 2.42 2.28 1.95 2.08

SKKY vs HPAI, AIXC, TAOX: Current Ratio Comparison

For the Software - Infrastructure subindustry, Skkynet Cloud Systems's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Skkynet Cloud Systems Current Ratio vs Software Industry

For the Software industry and Technology sector, Skkynet Cloud Systems's Current Ratio distribution charts can be found below:

* The bar in red indicates where Skkynet Cloud Systems's Current Ratio falls into.


SKKY
45GF Score
Skkynet Cloud Systems Inc SKKY
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Skkynet Cloud Systems Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Skkynet Cloud Systems's Current Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Current Ratio (A: Oct. 2025 )=Total Current Assets (A: Oct. 2025 )/Total Current Liabilities (A: Oct. 2025 )
=1.831/0.803
=2.28

Skkynet Cloud Systems's Current Ratio for the quarter that ended in Apr. 2026 is calculated as

Current Ratio (Q: Apr. 2026 )=Total Current Assets (Q: Apr. 2026 )/Total Current Liabilities (Q: Apr. 2026 )
=1.937/0.933
=2.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.08 mean?
Skkynet Cloud Systems (SKKY) has a Current Ratio of 2.08 as of Apr. 2026. This is 11% below median its historical median of 2.34. Over the past decade, Skkynet Cloud Systems' Current Ratio has ranged from 1.24 to 5.35. According to the industry distribution chart, Skkynet Cloud Systems ranks #1228 out of 2870 companies in the Software industry, placing it in the top 42.8%.
Is Skkynet Cloud Systems' Current Ratio too high?
Skkynet Cloud Systems' current Current Ratio of 2.08 is 11% below median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 5.35. The Software industry median Current Ratio is 1.81. Skkynet Cloud Systems' value of 2.08 is 14.9% above this industry median. Based on the distribution chart, Skkynet Cloud Systems ranks #1228 out of 2870 companies in the Software industry, which is above the industry midpoint. Overall, Skkynet Cloud Systems has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Skkynet Cloud Systems' Current Ratio compare to HPAI and AIXC?
According to the Software industry distribution chart, Skkynet Cloud Systems ranks #1228 out of 2870 companies for Current Ratio. This puts Skkynet Cloud Systems in the upper half of its industry. The industry median Current Ratio is 1.81. Skkynet Cloud Systems' value of 2.08 is 14.9% above this benchmark. Historically, Skkynet Cloud Systems' own Current Ratio has ranged from 1.24 to 5.35 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 1.81, Skkynet Cloud Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Software company?
The median Current Ratio among Software companies is 1.81, based on 2,870 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Skkynet Cloud Systems's current Current Ratio of 2.08 is 14.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skkynet Cloud Systems's current Current Ratio is 2.08, which is 11% below median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skkynet Cloud Systems stock overvalued right now?
Based on GuruFocus' analysis, Skkynet Cloud Systems (SKKY) is currently considered Fairly Valued. The stock's GF Value™ is $0.45, compared to a current price of $0.49 — trading 8.9% above its estimated fair value. The current Current Ratio is 2.08, which is 11% below median its 10-year median of 2.34 and 14.9% above the Software industry median of 1.81. Skkynet Cloud Systems' overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Skkynet Cloud Systems (SKKY), the current Current Ratio is 2.08 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Skkynet Cloud Systems (SKKY) Overvalued in 2026?

Based on GuruFocus' analysis, Skkynet Cloud Systems stock appears to be overvalued. The current stock price of $0.49 is trading 8.9% above its estimated GF Value™ of $0.45. GuruFocus considers Skkynet Cloud Systems to be Fairly Valued.

Key valuation signals for SKKY:

  • Current Ratio: 2.08 (11% below median its 10-year median of 2.34)
  • GF Value™: $0.45 vs. price of $0.49 (8.9% above fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 14.9% above the Software median (#1228 of 2870)

No single metric tells the full story. See the SKKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Skkynet Cloud Systems Business Description

Address 2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7
Skkynet Cloud Systems Inc is an industrial middleware vendor company. Skkynet operates its business through its wholly owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet, Inc. (Skkynet (USA), Skkynet Corp. (Skkynet (Canada)). Skkynet was established to enhance Cogent's existing business lines through the integration of cloud-based systems (Cloud), and to deliver a Software-as-a-Service (SaaS) product targeting the Industrial Internet of Things (IoT) market, often referred to by the term Industry 4.0. The business serves North America, Europe, Asia Pacific, South America and other regions.
45GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.49
Price
$0.45
GF Value