Flex Ltd (FLEX)
Debt-to-equity ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,002,000 | 5,325,000 | 5,351,000 | 4,129,000 | 3,436,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,002,000K
= 0.00
Flex Ltd has consistently maintained a debt-to-equity ratio of 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not utilized any debt to finance its operations during this period. A debt-to-equity ratio of 0.00 signifies that the company is entirely relying on its equity to fund its activities, which could indicate a conservative financial strategy or a strong equity base. It also suggests that Flex Ltd may have low financial risk and may be less vulnerable to economic downturns or changes in interest rates that could impact companies with higher debt levels. However, it is important to note that a zero debt-to-equity ratio may also limit the company's ability to leverage debt for potential growth opportunities or tax advantages.
Peer comparison
Mar 31, 2025