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 -4.846x as of December 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 ($-1.99 Million) by net assets ($411.61K). 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 (2012–2025)
This chart illustrates how SKYX Platforms Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read SKYX total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Cashbil
JSE:CSB
|
0.288x |
|
KOMPLETT ASA NK -40
F:GJ60
|
N/A |
|
Betmakers Technology Group Ltd
AU:BET
|
0.053x |
|
Pulse Seismic Inc
TO:PSD
|
0.076x |
|
Bank Dinar Indonesia Tbk PT
JK:DNAR
|
0.024x |
|
Excelliance MOS
TWO:5299
|
0.024x |
|
Oncolytics Biotech Inc
TO:ONC
|
-0.899x |
|
Limes Schlosskliniken AG
XETRA:LIK
|
0.135x |
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