SKYX Platforms Corp (SKYX) - Net Assets
Based on the latest financial reports, SKYX Platforms Corp (SKYX) has net assets worth $411.61K USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($57.72 Million) and total liabilities ($57.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of SKYX Platforms Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $411.61K |
| % of Total Assets | 0.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 82.56 |
SKYX Platforms Corp - Net Assets Trend (2012–2025)
This chart illustrates how SKYX Platforms Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of SKYX Platforms Corp for the complete picture of this company's asset base.
Annual Net Assets for SKYX Platforms Corp (2012–2025)
The table below shows the annual net assets of SKYX Platforms Corp from 2012 to 2025. For live valuation and market cap data, see SKYX Platforms Corp (SKYX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $411.61K | -95.45% |
| 2024-12-31 | $9.05 Million | -44.19% |
| 2023-12-31 | $16.22 Million | +99.60% |
| 2022-12-31 | $8.13 Million | +7440.28% |
| 2021-12-31 | $-110.72K | +98.75% |
| 2020-12-31 | $-8.88 Million | -32.50% |
| 2019-12-31 | $-6.70 Million | +72.80% |
| 2017-12-31 | $-24.65 Million | +65.81% |
| 2016-12-31 | $-72.09 Million | -120.13% |
| 2015-12-31 | $-32.75 Million | -269.08% |
| 2014-12-31 | $-8.87 Million | -275.90% |
| 2013-12-31 | $-2.36 Million | -162.32% |
| 2012-12-31 | $-899.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SKYX Platforms Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 21031242200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $203.05 Million | 49329.24% |
| Other Components | $13.62 Million | 3309.94% |
| Total Equity | $411.61K | 100.00% |
SKYX Platforms Corp Competitors by Market Cap
The table below lists competitors of SKYX Platforms Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cashbil
JSE:CSB
|
$142.64 Million |
|
KOMPLETT ASA NK -40
F:GJ60
|
$142.67 Million |
|
Betmakers Technology Group Ltd
AU:BET
|
$142.68 Million |
|
Pulse Seismic Inc
TO:PSD
|
$142.82 Million |
|
Bank Dinar Indonesia Tbk PT
JK:DNAR
|
$142.54 Million |
|
Excelliance MOS
TWO:5299
|
$142.53 Million |
|
Oncolytics Biotech Inc
TO:ONC
|
$142.51 Million |
|
Limes Schlosskliniken AG
XETRA:LIK
|
$142.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SKYX Platforms Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,053,428 to 411,614, a change of -8,641,814 (-95.5%).
- Net loss of 33,415,604 reduced equity.
- Dividend payments of 1,020,616 reduced retained earnings.
- New share issuances of 10,934,390 increased equity.
- Other factors increased equity by 14,860,016.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.42 Million | -8118.19% |
| Dividends Paid | $1.02 Million | -247.95% |
| Share Issuances | $10.93 Million | +2656.47% |
| Other Changes | $14.86 Million | +3610.18% |
| Total Change | $- | -95.45% |
Book Value vs Market Value Analysis
This analysis compares SKYX Platforms Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 282.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-0.03 | $1.07 | x |
| 2013-12-31 | $-0.06 | $1.07 | x |
| 2014-12-31 | $-0.22 | $1.07 | x |
| 2015-12-31 | $-0.92 | $1.07 | x |
| 2016-12-31 | $-1.90 | $1.07 | x |
| 2017-12-31 | $-0.50 | $1.07 | x |
| 2019-12-31 | $-0.12 | $1.07 | x |
| 2020-12-31 | $-0.14 | $1.07 | x |
| 2021-12-31 | $0.00 | $1.07 | x |
| 2022-12-31 | $0.10 | $1.07 | x |
| 2023-12-31 | $0.18 | $1.07 | x |
| 2024-12-31 | $0.09 | $1.07 | x |
| 2025-12-31 | $0.00 | $1.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SKYX Platforms Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8118.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.32%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 140.22x
- Recent ROE (-8118.19%) is below the historical average (-699.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -1087.73% | 2.53x | 0.00x | $-756.65K |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.34 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-5.92 Million |
| 2015 | 0.00% | -932.07% | 0.34x | 0.00x | $-23.62 Million |
| 2016 | 0.00% | -1403.40% | 0.56x | 0.00x | $-91.24 Million |
| 2017 | 0.00% | -346.95% | 0.74x | 0.00x | $-24.26 Million |
| 2019 | 0.00% | -439.73% | 0.93x | 0.00x | $-16.09 Million |
| 2020 | 0.00% | -3577.00% | 0.07x | 0.00x | $-8.36 Million |
| 2021 | 0.00% | -13292.85% | 0.00x | 0.00x | $-5.72 Million |
| 2022 | -333.09% | -84539.95% | 0.00x | 5.31x | $-27.88 Million |
| 2023 | -244.93% | -67.59% | 0.77x | 4.71x | $-41.35 Million |
| 2024 | -395.08% | -41.46% | 1.31x | 7.28x | $-36.67 Million |
| 2025 | -8118.19% | -36.32% | 1.59x | 140.22x | $-33.46 Million |
Industry Comparison
This section compares SKYX Platforms Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $123,494,394
- Average return on equity (ROE) among peers: -71.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SKYX Platforms Corp (SKYX) | $411.61K | 0.00% | 139.22x | $142.61 Million |
| Advent Technologies Holdings Inc (ADN) | $-21.30 Million | 0.00% | 0.00x | $1.38 Million |
| Ads Tec Energy PLC (ADSE) | $33.92 Million | -162.39% | 2.67x | $642.11 Million |
| Advanced Energy Industries Inc (AEIS) | $376.55 Million | -0.47% | 0.12x | $14.26 Billion |
| Amprius Technologies Inc. (AMPX) | $1.17 Million | -634.56% | 4.70x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $234.61 Million | 4.67% | 0.66x | $63.09 Million |
| Atkore International Group Inc (ATKR) | $1.47 Billion | 46.99% | 1.00x | $2.02 Billion |
| Acuity Brands Inc (AYI) | $993.50 Million | 12.82% | 0.92x | $8.87 Billion |
| Bloom Energy Corp (BE) | $-1.97 Billion | 0.00% | 0.00x | $39.20 Billion |
| CBAK Energy Technology Inc (CBAT) | $113.46 Million | -2.16% | 1.48x | $70.92 Million |
| CCSC Technology International Holdings Limited Ordinary Shares (CCTG) | $1.39 Million | 20.24% | 0.55x | $2.10 Million |
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