SKYX (SKYX Platforms) Current Ratio: 1.70 (As of Mar. 2026) — 143% Above Median

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SKYX SKYX Platforms Corp SKYX
22 GF Score
Price $1.14
! 4 Warning Signs
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What is SKYX Platforms Current Ratio?

SKYX Platforms SKYX -12.98% 22 Current Ratio is 1.70 as of Mar. 2026, which is 143% above its 10-year median of 0.70. GuruFocus rates SKYX with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 3,076 Industrial Products companies, SKYX Platforms ranks worse than 60.27% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. SKYX Platforms's current ratio for the quarter that ended in Mar. 2026 was 1.70.

SKYX Platforms has a current ratio of 1.70. It generally indicates good short-term financial strength.

The historical rank and industry rank for SKYX Platforms's Current Ratio or its related term are showing as below:

SKYX' s Current Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.7   Max: 6.31
Current: 1.7

During the past 11 years, SKYX Platforms's highest Current Ratio was 6.31. The lowest was 0.13. And the median was 0.70.

SKYX's Current Ratio is ranked worse than
60.27% of 3076 companies
in the Industrial Products industry
Industry Median: 1.96 vs SKYX: 1.70

SKYX Platforms  (NAS:SKYX) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


SKYX Platforms Current Ratio Related Terms


SKYX Platforms Current Ratio Historical Data

* Premium members only.

The historical data trend for SKYX Platforms's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SKYX Platforms Current Ratio Chart

SKYX Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 2.20 1.13 0.78 0.63

SKYX Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.70 0.65 0.63 1.70

SKYX vs NEOV, UTKN, TGEN: Current Ratio Comparison

For the Electrical Equipment & Parts subindustry, SKYX Platforms's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SKYX Platforms Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKYX Platforms's Current Ratio distribution charts can be found below:

* The bar in red indicates where SKYX Platforms's Current Ratio falls into.


SKYX
22GF Score
SKYX Platforms Corp SKYX
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SKYX Platforms Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

SKYX Platforms's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=15.401/24.578
=0.63

SKYX Platforms's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=36.778/21.583
=1.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.70 mean?
SKYX Platforms (SKYX) has a Current Ratio of 1.70 as of Mar. 2026. This is 143% above median its historical median of 0.70. Over the past decade, SKYX Platforms' Current Ratio has ranged from 0.13 to 6.31. According to the industry distribution chart, SKYX Platforms ranks #1854 out of 3076 companies in the Industrial Products industry, placing it in the top 60.3%.
Is SKYX Platforms' Current Ratio too high?
SKYX Platforms' current Current Ratio of 1.70 is 143% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 6.31. The Industrial Products industry median Current Ratio is 1.96. SKYX Platforms' value of 1.70 is 13.3% below this industry median. Based on the distribution chart, SKYX Platforms ranks #1854 out of 3076 companies in the Industrial Products industry, which is below the industry midpoint. Overall, SKYX Platforms has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SKYX Platforms' Current Ratio compare to NEOV and UTKN?
According to the Industrial Products industry distribution chart, SKYX Platforms ranks #1854 out of 3076 companies for Current Ratio. This places SKYX Platforms in the lower half of its industry. The industry median Current Ratio is 1.96. SKYX Platforms' value of 1.70 is 13.3% below this benchmark. Historically, SKYX Platforms' own Current Ratio has ranged from 0.13 to 6.31 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.96, SKYX Platforms has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,076 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SKYX Platforms's current Current Ratio of 1.70 is 13.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKYX Platforms's current Current Ratio is 1.70, which is 143% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKYX Platforms stock overvalued right now?
SKYX Platforms (SKYX) has a current Current Ratio of 1.70. The current Current Ratio is 1.70, which is 143% above median its 10-year median of 0.70 and 13.3% below the Industrial Products industry median of 1.96. SKYX Platforms' overall GF Score™ is 22/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For SKYX Platforms (SKYX), the current Current Ratio is 1.70 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SKYX Platforms Business Description

Address 2855 West McNab Road, Pompano Beach, FL, USA, 33069
SKYX Platforms Corp operates in the business of developing proprietary technology that enables a quick and safe installation of electrical fixtures, such as light fixtures and ceiling fans. Its technology consists of a weight-bearing, fixable socket and a revolving plug for conducting electric power and supporting an electrical appliance attached to a wall or ceiling. The socket is comprised of a nonconductive body that houses conductive rings connectable to an electric power supply through terminals in its side exterior. The plug is also comprised of a nonconductive body that houses corresponding conductive rings, attaches to the socket via a male post, and is capable of feeding electric power to an appliance. It generates its income from lighting and heating products sold in the USA.
22GF Score

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