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 net asset quality score to measure how much of total assets are equity-financed.
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. Check SKYX Platforms Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Yungjin Pharm Co Ltd
KO:003520
|
0.078x |
|
Wafangdian Bearing Co Ltd
SHE:200706
|
0.884x |
|
Benfica
LS:SLBEN
|
-0.164x |
|
Smith-Midland Corp
NASDAQ:SMID
|
0.048x |
|
Combined Motor Holdings Limited
JSE:CMH
|
-0.073x |
|
NSE SA
PA:ALNSE
|
-0.027x |
|
Bny Mellon Municipal Income Inc
NYSE MKT:DMF
|
0.000x |
|
Bank Jabar
JK:BJBR
|
-0.231x |
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 market value of SKYX Platforms Corp.
| 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