Flex Ltd (FLEX)
Debt-to-equity ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 5,002,000 | 4,992,000 | 5,003,000 | 4,996,000 | 5,325,000 | 5,965,000 | 5,906,000 | 5,406,000 | 5,351,000 | 4,505,000 | 4,180,000 | 4,091,000 | 4,129,000 | 3,655,000 | 3,514,000 | 3,508,000 | 3,436,000 | 3,381,000 | 3,115,000 | 2,939,600 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 across all reported periods, spanning from June 30, 2020, to March 31, 2025. A debt-to-equity ratio of 0.00 indicates that the company has either no debt or a negligible amount of debt in relation to its equity. This could suggest that Flex Ltd relies more on equity financing rather than debt to fund its operations and investments. A lower debt-to-equity ratio is generally viewed positively by investors and creditors as it implies lower financial risk and greater financial stability. In the case of Flex Ltd, the stable and low debt-to-equity ratio indicates prudent financial management and a strong balance sheet position.
Peer comparison
Mar 31, 2025