Flex Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Flex Ltd.'s balance sheet done over the years? Its assets were worth $18,257,000,000 last year, which is less than in the previous period. 71% of Flex Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $12,932,000,000, which means an decrease by -18% compared compared to last year.
Debt to Assets
| 2015 | 11693859000 | 9.29B | 79.51% |
|---|---|---|---|
| 2016 | 12347681000 | 9.74B | 78.9% |
| 2017 | 12593363000 | 9.91B | 78.73% |
| 2018 | 13715855000 | 10.69B | 77.99% |
| 2019 | 13499367000 | 10.52B | 77.98% |
| 2020 | 13689617000 | 10.85B | 79.32% |
| 2021 | 15836000000 | 12.4B | 78.3% |
| 2022 | 19325000000 | 15.11B | 78.23% |
| 2023 | 21395000000 | 15.68B | 73.33% |
| 2024 | 18257000000 | 12.93B | 70.83% |
FLEX Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.47B | 3.29B | 2.96B | 2.63B | 1.92B | 1.69B | 1.47B | 1.83B | 1.60B | 1.62B |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 43.33M | 22.02M | 22.64M | 0 |
Net receivables | 3.28B | 3.72B | 3.89B | 4.24B | 2.71B | 2.82B | 2.51B | 2.19B | 2.04B | 2.33B |
Inventory | 6.20B | 7.53B | 6.58B | 3.89B | 3.78B | 3.72B | 3.79B | 3.39B | 3.45B | 3.48B |
Other current assets | 1.03B | 1.75B | 903M | 590M | 660.08M | 854.79M | 1.38B | 967.93M | 1.17B | 1.28B |
Total current assets | 12.99B | 16.02B | 14.33B | 11.36B | 9.08B | 9.10B | 9.17B | 8.38B | 8.27B | 8.69B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.87B | 2.95B | 2.76B | 2.73B | 2.82B | 2.33B | 2.23B | 2.31B | 2.25B | 2.09B |
Goodwill | 1.13B | 1.34B | 1.34B | 1.09B | 1.06B | 1.07B | 1.12B | 984.86M | 942.06M | 333.63M |
Intangible assets | 245M | 316M | 411M | 213M | 262.41M | 330.99M | 424.43M | 362.18M | 403.75M | 81.54M |
Long term investments | 123M | 115M | 131.3M | 107.8M | 128.1M | 294.1M | 535.7M | 260.1M | 122.9M | 87M |
Other non-current assets | 892M | 758M | 473M | 431M | 455.31M | 655.67M | 59.31M | 58.12M | 120.73M | 496.00M |
Total non-current assets | 5.26B | 5.37B | 4.98B | 4.47B | 4.60B | 4.39B | 4.54B | 4.20B | 4.06B | 3.00B |
Total assets | 18.25B | 21.39B | 19.32B | 15.83B | 13.68B | 13.49B | 13.71B | 12.59B | 12.34B | 11.69B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 2.61B | 3.14B | 2.00B | 473M | 363.64M | 391.59M | 383.33M | 344.24M | 353.54M | 0 |
Short term debt | 0 | 150M | 949M | 268M | 149.13M | 632.61M | 43.01M | 61.53M | 65.16M | 46.16M |
Total current liabilities | 8.53B | 10.85B | 10.71B | 7.83B | 7.21B | 7.59B | 7.26B | 6.50B | 6.53B | 6.75B |
| Non-current liabilities: | ||||||||||
Long term debt | 3.75B | 4.03B | 3.79B | 4.07B | 3.21B | 2.42B | 2.89B | 2.89B | 2.70B | 2.02B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 642M | 800M | 608M | 489M | 429.30M | 507.59M | 450.05M | 519.85M | 497.85M | 515.41M |
Total non-current liabilities | 4.39B | 4.83B | 4.40B | 4.56B | 3.64B | 2.92B | 3.42B | 3.41B | 3.20B | 2.54B |
Total liabilities | 12.93B | 15.68B | 15.11B | 12.4B | 10.85B | 10.52B | 10.69B | 9.91B | 9.74B | 9.29B |
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