SKYX (SKYX Platforms) Quick Ratio: 1.55 (As of Mar. 2026) — 158% Above Median

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

SKYX Platforms SKYX -12.98% 22 Quick Ratio is 1.55 as of Mar. 2026, which is 158% above its 10-year median of 0.60. GuruFocus rates SKYX with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 3,074 Industrial Products companies, SKYX Platforms ranks better than 56.57% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. SKYX Platforms's quick ratio for the quarter that ended in Mar. 2026 was 1.55.

SKYX Platforms has a quick ratio of 1.55. It generally indicates good short-term financial strength.

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

SKYX' s Quick Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.6   Max: 6.12
Current: 1.55

During the past 11 years, SKYX Platforms's highest Quick Ratio was 6.12. The lowest was 0.09. And the median was 0.60.

SKYX's Quick Ratio is ranked better than
56.57% of 3074 companies
in the Industrial Products industry
Industry Median: 1.39 vs SKYX: 1.55

SKYX Platforms  (NAS:SKYX) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


SKYX Platforms Quick Ratio Related Terms


SKYX Platforms Quick Ratio Historical Data

* Premium members only.

The historical data trend for SKYX Platforms's Quick 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 Quick Ratio Chart

SKYX Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 1.94 0.99 0.63 0.45

SKYX Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 0.51 0.60 0.51 0.45 1.55

SKYX vs NEOV, UTKN, TGEN: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, SKYX Platforms's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Industrial Products Industry

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

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


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

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15.401-4.25)/24.578
=0.45

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(36.778-3.298)/21.583
=1.55

* 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 Quick Ratio →
What does a Quick Ratio of 1.55 mean?
SKYX Platforms (SKYX) has a Quick Ratio of 1.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SKYX Platforms and its competitors. This is 158% above median its historical median of 0.60. Over the past decade, SKYX Platforms' Quick Ratio has ranged from 0.09 to 6.12. According to the industry distribution chart, SKYX Platforms ranks #1335 out of 3074 companies in the Industrial Products industry, placing it in the top 43.4%.
Is SKYX Platforms' Quick Ratio too high?
SKYX Platforms' current Quick Ratio of 1.55 is 158% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 6.12. The Industrial Products industry median Quick Ratio is 1.39. SKYX Platforms' value of 1.55 is 11.5% above this industry median. Based on the distribution chart, SKYX Platforms ranks #1335 out of 3074 companies in the Industrial Products industry, which is above 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' Quick Ratio compare to NEOV and UTKN?
According to the Industrial Products industry distribution chart, SKYX Platforms ranks #1335 out of 3074 companies for Quick Ratio. This puts SKYX Platforms in the upper half of its industry. The industry median Quick Ratio is 1.39. SKYX Platforms' value of 1.55 is 11.5% above this benchmark. Historically, SKYX Platforms' own Quick Ratio has ranged from 0.09 to 6.12 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.39, SKYX Platforms has consistently been above 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,074 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SKYX Platforms's current Quick Ratio of 1.55 is 11.5% above 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SKYX Platforms and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SKYX Platforms's current Quick Ratio is 1.55, which is 158% above median its own 10-year median of 0.60. 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 Quick Ratio of 1.55. The current Quick Ratio is 1.55, which is 158% above median its 10-year median of 0.60 and 11.5% above the Industrial Products industry median of 1.39. SKYX Platforms' overall GF Score™ is 22/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For SKYX Platforms (SKYX), the current Quick Ratio is 1.55 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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