SKYX Platforms Corp
SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, s… Read more
SKYX Platforms Corp (SKYX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -4.295x
Based on the latest financial reports, SKYX Platforms Corp (SKYX) has a cash flow conversion efficiency ratio of -4.295x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-4.99 Million) by net assets ($1.16 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SKYX Platforms Corp - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how SKYX Platforms Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
SKYX Platforms Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SKYX Platforms Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Morepen Laboratories Limited
NSE:MOREPENLAB
|
0.011x |
|
Pollard Banknote Limited
PINK:PBKOF
|
0.073x |
|
Shin Ruenn Development Co Ltd
TWO:6186
|
0.299x |
|
China Aluminum International Engineering Corporation Limited
F:4AI
|
0.090x |
|
7707
TWO:7707
|
-0.037x |
|
AC Immune Ltd
NASDAQ:ACIU
|
-0.294x |
|
Nex Point Public Company Limited
BK:NEX
|
-0.003x |
|
Grand Fortune Securities Co Ltd
TWO:6026
|
0.045x |
Annual Cash Flow Conversion Efficiency for SKYX Platforms Corp (2012–2024)
The table below shows the annual cash flow conversion efficiency of SKYX Platforms Corp from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $9.05 Million | $-18.26 Million | -2.017x | -151.72% |
| 2023-12-31 | $16.22 Million | $-13.00 Million | -0.801x | +52.94% |
| 2022-12-31 | $8.13 Million | $-13.84 Million | -1.703x | -104.07% |
| 2021-12-31 | $-110.72K | $-4.63 Million | 41.797x | +11764.99% |
| 2020-12-31 | $-8.88 Million | $-3.13 Million | 0.352x | -61.83% |
| 2019-12-31 | $-6.70 Million | $-6.19 Million | 0.923x | +422.97% |
| 2017-12-31 | $-24.65 Million | $-4.35 Million | 0.176x | +106.29% |
| 2016-12-31 | $-72.09 Million | $-6.17 Million | 0.086x | -25.65% |
| 2015-12-31 | $-32.75 Million | $-3.77 Million | 0.115x | -43.30% |
| 2014-12-31 | $-8.87 Million | $-1.80 Million | 0.203x | -30.16% |
| 2013-12-31 | $-2.36 Million | $-685.73K | 0.291x | -66.92% |
| 2012-12-31 | $-899.86K | $-790.16K | 0.878x | -- |