Flex Ltd. financial data

Symbol
FLEX on Nasdaq
Location
2 Changi South Lane, Singapore, Singapore
Fiscal year end
March 31
Former names
FLEXTRONICS INTERNATIONAL LTD. (to 9/6/2016), FLEXTRONICS INTERNATIONAL LTD (to 5/31/2006)
Latest financial report
10-Q - Q4 2024 - Jan 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 144 % -4.61%
Quick Ratio 63.5 % -9.85%
Debt-to-equity 259 % -1.46%
Return On Equity 19.9 % +60.6%
Return On Assets 5.55 % +54.2%
Operating Margin 4 % +18.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 383M shares -9.04%
Common Stock, Shares, Outstanding 384M shares -10.1%
Entity Public Float 11.8B USD +55.3%
Weighted Average Number of Shares Outstanding, Basic 387M shares -10.2%
Weighted Average Number of Shares Outstanding, Diluted 394M shares -9.63%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 25.6B USD -6.05%
Operating Income (Loss) 1.02B USD +11.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 861M USD +45.9%
Income Tax Expense (Benefit) -150M USD -250%
Net Income (Loss) Attributable to Parent 1.01B USD +34.3%
Earnings Per Share, Basic 2.52 USD/shares +48.2%
Earnings Per Share, Diluted 2.48 USD/shares +47.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.31B USD -16.3%
Accounts Receivable, after Allowance for Credit Loss, Current 3.38B USD -6.19%
Inventory, Net 5.27B USD -22.7%
Other Assets, Current 1.16B USD +6.34%
Assets, Current 12.8B USD -14.3%
Deferred Income Tax Assets, Net 644M USD +293%
Property, Plant and Equipment, Net 2.24B USD -3.74%
Operating Lease, Right-of-Use Asset 578M USD -5.56%
Intangible Assets, Net (Excluding Goodwill) 343M USD +28.9%
Goodwill 1.33B USD -1.19%
Other Assets, Noncurrent 1.02B USD +9.31%
Assets 18.3B USD -10.3%
Accounts Payable, Current 5.03B USD -4.89%
Employee-related Liabilities, Current 511M USD -0.39%
Liabilities, Current 9.04B USD -3.72%
Deferred Income Tax Liabilities, Net 178M USD +151%
Operating Lease, Liability, Noncurrent 475M USD -5.38%
Other Liabilities, Noncurrent 621M USD +3.16%
Liabilities 13.3B USD -4.61%
Accumulated Other Comprehensive Income (Loss), Net of Tax -279M USD -96.5%
Retained Earnings (Accumulated Deficit) 1.06B USD +1982%
Stockholders' Equity Attributable to Parent 4.99B USD -16.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.99B USD -22.5%
Liabilities and Equity 18.3B USD -10.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 340M USD +5567%
Net Cash Provided by (Used in) Financing Activities -468M USD +3.7%
Net Cash Provided by (Used in) Investing Activities -82M USD +47.1%
Common Stock, Shares Authorized 1.5B shares 0%
Common Stock, Shares, Issued 384M shares -10.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -231M USD +63.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.33B USD -15.6%
Deferred Tax Assets, Valuation Allowance 838M USD -38.9%
Deferred Tax Assets, Gross 1.57B USD -3.27%
Operating Lease, Liability 626M USD -0.32%
Payments to Acquire Property, Plant, and Equipment 111M USD -33.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 874M USD +2.22%
Lessee, Operating Lease, Liability, to be Paid 713M USD -1.25%
Property, Plant and Equipment, Gross 6.71B USD +2.55%
Operating Lease, Liability, Current 136M USD +9.68%
Lessee, Operating Lease, Liability, to be Paid, Year Two 135M USD +3.85%
Lessee, Operating Lease, Liability, to be Paid, Year One 160M USD +6.67%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 87M USD -3.33%
Lessee, Operating Lease, Liability, to be Paid, Year Three 104M USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 1.17B USD -13.7%
Unrecognized Tax Benefits 197M USD -26.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 88M USD +2.33%
Amortization of Intangible Assets 65M USD -11%
Depreciation, Depletion and Amortization 126M USD -5.26%
Deferred Tax Assets, Net of Valuation Allowance 730M USD +192%
Share-based Payment Arrangement, Expense 120M USD +12.2%