Sharps Technology Inc (STSS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sharps Technology Inc (STSS) has a cash flow conversion efficiency ratio of -0.017x 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 ($-7.39 Million) by net assets ($433.21 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Sharps Technology Inc (STSS) balance sheet quality index to measure how much of total assets are equity-financed.
Sharps Technology Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Sharps Technology Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Sharps Technology Inc (STSS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Sharps Technology Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sharps Technology Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Level Biotechnology
TWO:3118
|
0.021x |
|
Templeton Emerging Markets Investment Trust TEMIT
LSE:TEM
|
0.003x |
|
WINSON Machinery Co Ltd
TWO:4538
|
0.020x |
|
Impresa - Sociedade Gestora de Participações Sociais S.A
LS:IPR
|
-0.174x |
|
Kuk Dong
KO:005320
|
-0.103x |
|
Malton Bhd
KLSE:6181
|
-0.051x |
|
QT Imaging Holdings, Inc. Common Stock
NASDAQ:QTI
|
-0.481x |
|
Yukselen Celik As
IS:YKSLN
|
0.232x |
Annual Cash Flow Conversion Efficiency for Sharps Technology Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Sharps Technology Inc from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Sharps Technology Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $2.00 Million | $-6.93 Million | -3.471x | -223.77% |
| 2023-12-31 | $7.93 Million | $-8.51 Million | -1.072x | -60.69% |
| 2022-12-31 | $9.64 Million | $-6.43 Million | -0.667x | +33.52% |
| 2021-12-31 | $3.14 Million | $-3.15 Million | -1.004x | -13.57% |
| 2020-12-31 | $2.13 Million | $-1.88 Million | -0.884x | +68.50% |
| 2019-12-31 | $560.92K | $-1.57 Million | -2.806x | +5.49% |
| 2007-12-31 | $787.96K | $-2.34 Million | -2.969x | -- |
About Sharps Technology Inc
Sharps Technology, Inc., a medical device and pharmaceutical packaging company, provides smart-safety syringe products to the healthcare industry. Its product lines focus on providing waste capabilities that incorporate syringe technologies. The company, through a digital asset treasury strategy, focuses on accumulating Solana (SOL), the native digital asset of the Solana blockchain. The company … Read more