Flexsteel Industries
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Flexsteel Industries's balance sheet done over the years? Its assets were worth $274,462,000 last year, which is less than in the previous period. 45% of Flexsteel Industries’s total assets is currently financed by debt. Its liabilities reached the amount of $124,095,000, which means an decrease by -17% compared compared to last year.
Debt to Assets
| 2015 | 244619000 | 57.87M | 23.66% |
|---|---|---|---|
| 2016 | 246896000 | 37.24M | 15.09% |
| 2017 | 270045000 | 39.28M | 14.55% |
| 2018 | 284293000 | 42.59M | 14.98% |
| 2019 | 254287000 | 48.86M | 19.21% |
| 2020 | 237259000 | 61.75M | 26.03% |
| 2021 | 296779000 | 128.81M | 43.4% |
| 2022 | 268741000 | 137.18M | 51.05% |
| 2023 | 290550000 | 148.92M | 51.26% |
| 2024 | 274462000 | 124.09M | 45.21% |
FLXS Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 4.76M | 3.36M | 2.18M | 1.34M | 48.19M | 22.24M | 27.75M | 28.87M | 36.78M | 1.28M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 15.95M | 17.95M | 0 | 0 |
Net receivables | 44.23M | 38.16M | 41.10M | 55.98M | 32.21M | 38.15M | 41.25M | 42.36M | 44.61M | 45.10M |
Inventory | 96.57M | 122.07M | 141.21M | 161.12M | 70.56M | 93.65M | 96.20M | 99.39M | 85.90M | 113.84M |
Other current assets | 9.80M | 7.03M | 4.95M | 9.42M | 18.53M | 11.90M | 8.47M | 6.65M | 9.14M | 10.99M |
Total current assets | 155.38M | 170.64M | 190.06M | 228.54M | 181.84M | 165.96M | 189.63M | 195.25M | 176.44M | 171.22M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 98.14M | 106.94M | 76.73M | 66.84M | 51.99M | 79.23M | 90.72M | 70.66M | 64.12M | 64.77M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 12.32M | 5.80M | 1.94M | 1.39M | 1.31M | 1.51M | 2.47M | 2.39M | 2.66M | 6.75M |
Total non-current assets | 119.08M | 119.90M | 78.67M | 68.23M | 55.41M | 88.32M | 94.65M | 74.79M | 70.45M | 73.39M |
Total assets | 274.46M | 290.55M | 268.74M | 296.77M | 237.25M | 254.28M | 284.29M | 270.04M | 246.89M | 244.61M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 15.03M | 14.35M | 6.36M | 5.83M | 4.40M | 0 | 0 | 0 | 0 | 11.90M |
Total current liabilities | 60.40M | 55.10M | 64.62M | 99.75M | 53.46M | 47.76M | 40.92M | 37.19M | 33.35M | 51.32M |
| Non-current liabilities: | ||||||||||
Long term debt | 62.89M | 93.24M | 37.73M | 27.81M | 7.60M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 791K | 577K | 34.81M | 1.24M | 685K | 1.09M | 1.66M | 2.09M | 3.88M | 6.55M |
Total non-current liabilities | 63.68M | 93.82M | 72.55M | 29.06M | 8.29M | 1.09M | 1.66M | 2.09M | 3.88M | 6.55M |
Total liabilities | 124.09M | 148.92M | 137.18M | 128.81M | 61.75M | 48.86M | 42.59M | 39.28M | 37.24M | 57.87M |
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