SKYX Platforms Corp (SKYX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, SKYX Platforms Corp (SKYX) has a cash flow conversion efficiency ratio of -0.252x as of March 2026. 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 ($-6.01 Million) by net assets ($23.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See SKYX Platforms Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
SKYX Platforms Corp - Cash Flow Conversion Efficiency Trend (2012–2025)
This chart illustrates how SKYX Platforms Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Interactive Digital Technologies
TWO:6486
|
0.015x |
|
Paramita Bangun Sarana Tbk PT
JK:PBSA
|
0.083x |
|
Graphene Manufacturing Group Ltd
V:GMG
|
-0.208x |
|
Vigo System SA
WAR:VGO
|
0.002x |
|
Spruce Biosciences, Inc. Common Stock
NASDAQ:SPRB
|
-0.152x |
|
Dynagas LNG Partners LP
NYSE:DLNG
|
0.054x |
|
SSH Communications Security Oyj
HE:SSH1V
|
-0.076x |
|
Sungei Bagan Rubber Malaya
KLSE:2569
|
0.004x |
Annual Cash Flow Conversion Efficiency for SKYX Platforms Corp (2012–2025)
The table below shows the annual cash flow conversion efficiency of SKYX Platforms Corp from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see how much is SKYX Platforms Corp worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $411.61K | $-13.29 Million | -32.290x | -1500.93% |
| 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 | -- |
About SKYX Platforms Corp
SKYX Platforms Corp. provides a series of safe-smart platform technologies in the United States. Its 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. The company also provides universal power-plugs and receptacle products. In addition, it offers smart products, su… Read more