Skkynet Cloud Systems (Skkynet Cloud Systems) Market Cap : $27.64 Mil (As of Jun. 03, 2024)

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What is Skkynet Cloud Systems Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Skkynet Cloud Systems's share price for the quarter that ended in Jan. 2024 was $0.3. Skkynet Cloud Systems's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 53.14 Mil. Therefore, Skkynet Cloud Systems's market cap for the quarter that ended in Jan. 2024 was $15.94 Mil.

Skkynet Cloud Systems's quarterly market cap increased from Jul. 2023 ($13.28 Mil) to Oct. 2023 ($16.75 Mil) but then declined from Oct. 2023 ($16.75 Mil) to Jan. 2024 ($15.94 Mil).

Skkynet Cloud Systems's annual market cap declined from Oct. 2021 ($32.10 Mil) to Oct. 2022 ($9.70 Mil) but then increased from Oct. 2022 ($9.70 Mil) to Oct. 2023 ($16.75 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Skkynet Cloud Systems's Enterprise Value for Today is $26.88 Mil.

Skkynet Cloud Systems Market Cap Historical Data

The historical data trend for Skkynet Cloud Systems's Market Cap 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.

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Skkynet Cloud Systems Market Cap Chart

Skkynet Cloud Systems Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Market Cap

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19.00

30.95

32.10

9.70

16.75

Skkynet Cloud Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Market Cap	Get a 7-Day Free Trial															10.68	15.94	13.28	16.75	15.94

Competitive Comparison of Skkynet Cloud Systems's Market Cap

For the Software - Infrastructure subindustry, Skkynet Cloud Systems's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Software Industry

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

* The bar in red indicates where Skkynet Cloud Systems's Market Cap falls into.

Skkynet Cloud Systems Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Skkynet Cloud Systems's Market Cap for the fiscal year that ended in Oct. 2023 is calculated as

Market Cap (A: Oct. 2023 )	=	Share Price (A: Oct. 2023 )	*	Shares Outstanding (EOP) (A: Oct. 2023 )
	=	$0.3151	*	53.1438
	=	$16.75

Skkynet Cloud Systems's Market Cap for the quarter that ended in Jan. 2024 is calculated as

Market Cap (Q: Jan. 2024 )	=	Share Price (Q: Jan. 2024 )	*	Shares Outstanding (EOP) (Q: Jan. 2024 )
	=	$0.3	*	53.1438
	=	$15.94

Skkynet Cloud Systems (OTCPK:SKKY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Skkynet Cloud Systems Market Cap Related Terms

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Skkynet Cloud Systems (Skkynet Cloud Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Skkynet Cloud Systems Inc (OTCPK:SKKY) » Definitions » Market Cap

Comparable Companies

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Traded in Other Exchanges

N/A

Address

2233 Argentina Road, Suite 302, Mississauga, ON, CAN, L5N 2X7

Website

https://www.skkynet.com

Skkynet Cloud Systems Inc is an industrial middleware vendor company. It provides connectivity and data acquisition to a wide variety of industrial and office hardware and software products. The company's Skkynet Connected Systems platform includes the SkkyHub service, DataHub, Skkynet Vine, and Embedded Toolkit software. The platform enables real-time data connectivity for industrial, embedded, and financial systems. The company provides three types of cloud services: remotely hosted cloud systems and locally hosted cloud systems or a hybrid of the two. The business serves North America, Europe, Asia Pacific, and South America globally.

Executives

Andrew S Thomas	director, 10 percent owner, officer: Chief Executive Officer	2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Paul Benford	director, 10 percent owner, officer: Chief Operating Officer	2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Lowell Thomas Holden	officer: Chief Financial Officer	631 US HWY 1, SUITE 407, NORTH PALM BEACH FL 33408
Paul E Thomas	director, 10 percent owner, officer: President	2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Xavier Eric Mesrobian	officer: VP Sales and Marketing	2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
John X Adiletta	director	51 BOULDERWOOD DRIVE, BERNARDSVILLE NJ 07924
Kenneth W. Jennings	director	2233 ARGENTIA ROAD, SUITE 302, MISSISSAUGA A6 L5N 2X7
Norman Evans	director	5650 TOMKEN RD., UNIT 16, MISSISSAUGA A6 L4W 4P1
Michael R Thomas	other: Advisor	2233 ARGENTIA ROAD, SUITE 306, MISSISSAUGA A6 L5N 2X7