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SKYX (SKYX Platforms) Liabilities-to-Assets : 0.86 (As of Dec. 2024)


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What is SKYX Platforms Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. SKYX Platforms's Total Liabilities for the quarter that ended in Dec. 2024 was $56.83 Mil. SKYX Platforms's Total Assets for the quarter that ended in Dec. 2024 was $65.89 Mil. Therefore, SKYX Platforms's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.86.


SKYX Platforms Liabilities-to-Assets Historical Data

The historical data trend for SKYX Platforms's Liabilities-to-Assets 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.

* Premium members only.

SKYX Platforms Liabilities-to-Assets Chart

SKYX Platforms Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.40 1.01 0.81 0.79 0.86

SKYX Platforms Quarterly Data
Mar18 Jun18 Sep18 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Liabilities-to-Assets 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 0.79 0.82 0.86 0.94 0.86

Competitive Comparison of SKYX Platforms's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, SKYX Platforms's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKYX Platforms's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where SKYX Platforms's Liabilities-to-Assets falls into.


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SKYX Platforms Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

SKYX Platforms's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=56.834/65.887
=0.86

SKYX Platforms's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=56.834/65.887
=0.86

* 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  (NAS:SKYX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


SKYX Platforms Liabilities-to-Assets Related Terms

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SKYX Platforms Business Description

Traded in Other Exchanges
N/A
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.
Executives
John P. Campi officer: Chief Executive Officer C/O SAFETY QUICK LIGHTING & FANS CORP., 4400 NORTH POINT PARKWAY, SUITE 154, ALPHARETTA GA 30022
Ran Roland Kohen director, 10 percent owner 20735 NE 32 PL, AVENTURA FL 33180
Dov Shiff director, 10 percent owner C/O SAFETY QUICK LIGHTING & FANS CORP., 4400 NORTH POINT PARKWAY, SUITE 154, ALPHARETTA GA 30022
Steven Mark Schmidt officer: President 36 S. PENNSYLVANIA STREET, SUITE 500, INDIANAPOLIS IN 46204
Nancy Dimattia director C/O 14000 CARLSON PARKWAY, PLYMOUTH MN 55441
Marc Andre Boisseau officer: Chief Financial Officer 1650 OAKBROOK DRIVE, NORCROSS GA 30093
Patricia Ann Barron officer: Chief Operations Officer 4400 NORTH POINT PARKWAY, SUITE 154, ALPHARETTA GA 30022
Gary N Golden director C/O SQL TECHNOLOGIES CORP., 11030 JONES BRIDGE ROAD, STE. 206, JOHNS CREEK GA 30022
Greenstein Brayer Efrat L director C/O SQL TECHNOLOGIES CORP., 11030 JONES BRIDGE ROAD, STE. 206, JOHNS CREEK GA 30022
Mark J Wells officer: President 1219 WEST 67TH STREET, CLEVELAND OH 44102
Leonard J Sokolow director REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Thomas J Ridge director C/O SAFETY QUICK LIGHTING & FANS CORP., 4400 NORTH POINT PARKWAY, SUITE 154, ALPHARETTA GA 30022
Phillips S. Peter director C/O SAFETY QUICK LIGHTING & FANS CORP., 4400 NORTH POINT PARKWAY, SUITE 154, ALPHARETTA GA 30022
Montek 7 Sql Llc 10 percent owner C/O SAFETY QUICK LIGHTING & FANS CORP., 4400 NORTH POINT PARKWAY, SUITE 154, ALPHARETTA GA 30022