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.
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. Read Sharps Technology Inc (STSS) financial obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
As Commercial Industrial Company of Computers and Toys S.A.
AT:ASCO
|
0.028x |
|
Duck Yang Ind
KO:024900
|
0.240x |
|
Sunview Group Bhd
KLSE:0262
|
-0.065x |
|
Sangamo Therapeutics Inc
NASDAQ:SGMO
|
-4.565x |
|
Otto Holding AS
IS:OTTO
|
0.053x |
|
SKY LIGHT HOLDINGS LTD
F:27L
|
N/A |
|
Chia Her Industrial Co Ltd
TW:1449
|
-0.001x |
|
Korea Electronic Certification Authority Inc
KQ:041460
|
0.036x |
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