SKYX Platforms Corp (SKYX) - Total Assets
Based on the latest financial reports, SKYX Platforms Corp (SKYX) holds total assets worth $77.95 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check SKYX capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
SKYX Platforms Corp - Total Assets Trend (2012–2025)
This chart illustrates how SKYX Platforms Corp's total assets have evolved over time, based on quarterly financial data. Explore SKYX Platforms Corp strategic investment ratio to see how much of total assets are deployed in long-term investments.
SKYX Platforms Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
SKYX Platforms Corp's total assets of $77.95 Million consist of 26.7% current assets and 73.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.0% |
| Accounts Receivable | $1.89 Million | 3.3% |
| Inventory | $4.25 Million | 7.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.05 Million | 8.8% |
| Goodwill | $16.16 Million | 28.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how SKYX Platforms Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see SKYX Platforms Corp stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SKYX Platforms Corp's current assets represent 26.7% of total assets in 2025, an increase from 10.6% in 2012.
- Cash Position: Cash and equivalents constituted 14.0% of total assets in 2025, up from 2.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 35.0% of total assets, a decrease from 88.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 28.0% of total assets.
SKYX Platforms Corp Competitors by Total Assets
Key competitors of SKYX Platforms Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥13.73 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
China | CN¥10.69 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
China | CN¥3.56 Billion |
|
Acrel Co LTD
SHE:300286
|
China | CN¥2.77 Billion |
|
Zhejiang Tony Electronic Co Ltd
SHG:603595
|
China | CN¥4.94 Billion |
|
R&S GROUP HOLDING AG
SW:RSGN
|
Switzerland | CHF270.87 Million |
SKYX Platforms Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.70 | 0.64 | 1.46 |
| Quick Ratio | 1.55 | 0.51 | 1.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $15.20 Million | $-10.33 Million | $1.02 Million |
SKYX Platforms Corp - Advanced Valuation Insights
This section examines the relationship between SKYX Platforms Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 12.04 |
| Latest Market Cap to Assets Ratio | 2.28 |
| Asset Growth Rate (YoY) | -12.4% |
| Total Assets | $57.72 Million |
| Market Capitalization | $131.79 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values SKYX Platforms Corp's assets at a significant premium (2.28x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: SKYX Platforms Corp's assets decreased by 12.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SKYX Platforms Corp (2012–2025)
The table below shows the annual total assets of SKYX Platforms Corp from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $57.72 Million | -12.40% |
| 2024-12-31 | $65.89 Million | -13.69% |
| 2023-12-31 | $76.34 Million | +76.81% |
| 2022-12-31 | $43.18 Million | +261.20% |
| 2021-12-31 | $11.95 Million | +222.90% |
| 2020-12-31 | $3.70 Million | -9.32% |
| 2019-12-31 | $4.08 Million | -60.83% |
| 2017-12-31 | $10.42 Million | -16.37% |
| 2016-12-31 | $12.46 Million | +48.37% |
| 2015-12-31 | $8.40 Million | -25.29% |
| 2014-12-31 | $11.24 Million | +681.35% |
| 2013-12-31 | $1.44 Million | +4589.35% |
| 2012-12-31 | $30.68K | -- |
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