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. Also see market cap of Sharps Technology Inc for the company's overall valuation and market capitalisation.
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.
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. Explore Sharps Technology Inc earnings quality ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Far East Gold Ltd
AU:FEG
|
-0.093x |
|
Jet2 PLC
LSE:JET2
|
0.331x |
|
STOCK3 AG NA O.N.
XETRA:BOG
|
N/A |
|
NextNRG Inc.
NASDAQ:NXXT
|
0.113x |
|
Archer Materials Ltd
AU:AXE
|
-0.246x |
|
Nova MSC Bhd
KLSE:0026
|
-0.084x |
|
Shanxi Guoxin Energy Co Ltd B
SHG:900913
|
0.119x |
|
Kronologi Asia Bhd
KLSE:0176
|
-0.003x |
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. View STSS stock price for real-time trading data and today's change.
| 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