Flex Ltd. financial data

Symbol
FLEX on Nasdaq
Industry
Printed Circuit Boards
Location
2 Changi South Lane, Singapore, Singapore
State of incorporation
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 - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 151 % +8.6%
Quick Ratio 70.3 % +4.6%
Debt-to-equity 244 % -25.2%
Return On Equity 16.6 % +5.94%
Return On Assets 4.96 % +31.6%
Operating Margin 3.37 % -2.03%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 397M shares -11.1%
Common Stock, Shares, Outstanding 399M shares -11.1%
Entity Public Float 11.8B USD +55.3%
Weighted Average Number of Shares Outstanding, Basic 402M shares -10.1%
Weighted Average Number of Shares Outstanding, Diluted 411M shares -9.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 25.8B USD -9.13%
Operating Income (Loss) 871M USD -11%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 694M USD -6.09%
Income Tax Expense (Benefit) -170M USD -263%
Net Income (Loss) Attributable to Parent 959M USD +21.4%
Earnings Per Share, Basic 2.27 USD/shares +29.7%
Earnings Per Share, Diluted 2.23 USD/shares +29.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.24B USD -15.7%
Accounts Receivable, after Allowance for Credit Loss, Current 2.95B USD -21.6%
Inventory, Net 5.84B USD -22.4%
Other Assets, Current 1.06B USD +5.49%
Assets, Current 12.5B USD -19.3%
Deferred Income Tax Assets, Net 644M USD +293%
Property, Plant and Equipment, Net 2.23B USD -5.71%
Operating Lease, Right-of-Use Asset 573M USD -8.17%
Intangible Assets, Net (Excluding Goodwill) 230M USD -23.1%
Goodwill 1.14B USD -15.3%
Other Assets, Noncurrent 1.02B USD +33%
Assets 17.7B USD -15.3%
Accounts Payable, Current 4.73B USD -19.8%
Employee-related Liabilities, Current 428M USD -9.71%
Contract with Customer, Liability, Current 745M USD -51.9%
Liabilities, Current 8.97B USD -15.7%
Deferred Income Tax Liabilities, Net 178M USD +151%
Operating Lease, Liability, Noncurrent 463M USD -9.92%
Other Liabilities, Noncurrent 637M USD +15%
Liabilities 12.7B USD -15.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -238M USD -40.8%
Retained Earnings (Accumulated Deficit) 585M USD
Stockholders' Equity Attributable to Parent 5B USD -7.58%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 5B USD -13.7%
Liabilities and Equity 17.7B USD -15.3%

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 399M shares -20%
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 2.24B USD -15.7%
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 890M USD +1.71%
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 66M USD -16.5%
Depreciation, Depletion and Amortization 126M USD -5.26%
Deferred Tax Assets, Net of Valuation Allowance 730M USD +192%
Share-based Payment Arrangement, Expense 113M USD +5.61%