Sharps Technology Inc Cash Flow Conversion Efficiency
Sharps Technology Inc 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.
Cash Flow Conversion Efficiency of Sharps Technology Inc (2007–2024)
Cash flow conversion efficiency of Sharps Technology Inc from 2007 to 2024. This chart illustrates how Sharps Technology Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View STSS live share price for real-time trading data and today's change.
Sharps Technology Inc Cash Flow Conversion Ratio Explained
Sharps Technology Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Sharps Technology Inc (STSS) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Apollo Sindoori Hotels Limited
NSE:APOLSINHOT
|
0.001x |
|
JT Corporation
KQ:089790
|
0.039x |
|
Levinski Ofer
TA:LEOF
|
-0.235x |
|
ISE Commerce Company Limited
KQ:069920
|
-0.074x |
|
Azimut Exploration Inc.
V:AZM
|
-0.037x |
|
Cho Bi
KO:001550
|
-0.014x |
|
Jeil Technos Co.Ltd
KQ:038010
|
0.128x |
|
Cengild Medical Berhad
KLSE:0243
|
0.039x |
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. Review STSS financial flexibility score to assess the company's free cash flow relative to its total liabilities.
| 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