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SKYX Platforms Corp. SKYX Interest coverage

Interest coverage at other companies

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8.6×-0.2×
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14×-4.1×
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10.3×+6.5×
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16.9×+2.4×
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12.5×-1.1×

Other financials

Income statement

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Revenue$22.1M+9.8%
Gross profit$6.6M+16.0%
Operating income-$8.2M-5.8%
Net income-$9.3M-2.5%
EPS (diluted)-$0.07+22.2%

Balance sheet

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Cash & equivalents$32.3M+242%
Total debt$39.9M+77.1%
Total equity$18.8M+2,706%
Total assets$77.9M+23.4%

Cash flow

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Operating cash flow-$6.0M-39.1%
CapEx$94.0K-77.3%
Free cash flow-$6.1M-28.9%

Valuation

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Market cap$139.86M+3.0%
Enterprise value$147.45M-14.6%
P/S1.5×0.0×

Profitability

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Gross margin30.6%+2.3pp
Operating margin-31.5%-3.2pp
Net margin-35.8%-3.5pp
FCF margin-17.7%-2.1pp

Returns & leverage

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Return on equity-717.7%-1,447pp
Debt / equity2.1×
Current ratio1.7×+1.1×

Where this comes from

Calculated from SKYX Platforms Corp.’s reported figures.

Based on trailing twelve months.

The official record: SKYX Platforms Corp.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SKYX Platforms Corp.'s interest coverage?
SKYX Platforms Corp. (SKYX) reported interest coverage of -7.5× in Q1 2026.
How has SKYX Platforms Corp.'s interest coverage changed year-over-year?
SKYX Platforms Corp.'s interest coverage decreased by 7.3% year-over-year, from -6.9× to -7.5×.
What is the long-term trend for SKYX Platforms Corp.'s interest coverage?
Over 4 years (2021 to 2025), SKYX Platforms Corp.'s interest coverage has grown at a -6.9% compound annual growth rate (CAGR), from -9.3× to -7×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.