Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SKYX Platforms's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $4.28 Mil. SKYX Platforms's Total Assets for the quarter that ended in Mar. 2025 was $63.17 Mil.
Therefore, SKYX Platforms's Equity to Asset Ratio for the quarter that ended in Mar. 2025 was 0.07.
The historical rank and industry rank for SKYX Platforms's Equity-to-Asset or its related term are showing as below:
SKYX'
s Equity-to-Asset Range Over the Past 10 Years
Min: -5.78 Med: -0.88 Max: 0.57
Current: 0.07
During the past 10 years, the highest Equity to Asset Ratio of SKYX Platforms was 0.57. The lowest was -5.78. And the median was -0.88.
SKYX's Equity-to-Asset is ranked worse than 96.37% of 3033
companies
in the Industrial Products industry
Industry Median: 0.57
vs SKYX: 0.07
SKYX Platforms Equity-to-Asset Historical Data
The historical data trend for SKYX Platforms's Equity-to-Asset 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.
Competitive Comparison of SKYX Platforms's Equity-to-Asset
For the Electrical Equipment & Parts subindustry, SKYX Platforms's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, SKYX Platforms's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SKYX Platforms's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
SKYX Platforms's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
SKYX Platforms Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of SKYX Platforms's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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