Flex Ltd (FLEX)
28.06
-0.32
(-1.14%)
USD |
NASDAQ |
Apr 15, 16:00
28.06
0.00 (0.00%)
After-Hours: 20:00
Flex Debt to Equity Ratio: 0.5757 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.5757 |
| September 30, 2023 | 0.5777 |
| June 30, 2023 | 0.665 |
| March 31, 2023 | 0.7178 |
| December 31, 2022 | 0.8915 |
| September 30, 2022 | 0.9562 |
| June 30, 2022 | 0.9961 |
| March 31, 2022 | 1.016 |
| December 31, 2021 | 1.216 |
| September 30, 2021 | 1.077 |
| June 30, 2021 | 1.077 |
| March 31, 2021 | 1.101 |
| December 31, 2020 | 1.128 |
| September 30, 2020 | 1.220 |
| June 30, 2020 | 1.220 |
| March 31, 2020 | 1.002 |
| December 31, 2019 | 0.9623 |
| September 30, 2019 | 1.066 |
| June 30, 2019 | 1.079 |
| March 31, 2019 | 1.028 |
| December 31, 2018 | 0.9582 |
| September 30, 2018 | 0.9229 |
| June 30, 2018 | 0.9391 |
| March 31, 2018 | 0.9742 |
| December 31, 2017 | 0.9882 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.029 |
| June 30, 2017 | 1.089 |
| March 31, 2017 | 1.116 |
| December 31, 2016 | 1.103 |
| September 30, 2016 | 1.071 |
| June 30, 2016 | 1.052 |
| March 31, 2016 | 1.079 |
| December 31, 2015 | 1.104 |
| September 30, 2015 | 1.102 |
| June 30, 2015 | 1.092 |
| March 31, 2015 | 0.8772 |
| December 31, 2014 | 0.8893 |
| September 30, 2014 | 0.9149 |
| June 30, 2014 | 0.9412 |
| March 31, 2014 | 0.9721 |
| December 31, 2013 | 0.9257 |
| September 30, 2013 | 0.971 |
| June 30, 2013 | 0.9865 |
| March 31, 2013 | 0.9203 |
| December 31, 2012 | 0.8697 |
| September 30, 2012 | 0.8544 |
| June 30, 2012 | 0.9782 |
| March 31, 2012 | 0.9583 |
| December 31, 2011 | 0.99 |
| September 30, 2011 | 1.002 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5757
Minimum
Dec 2023
1.220
Maximum
Sep 2020
0.9761
Average
1.016
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Trio-Tech International | 0.0484 |
| X3 Holdings Co Ltd | -- |
| Karooooo Ltd | 0.0189 |
| Grab Holdings Inc | 0.0978 |
| Ryde Group Ltd | -0.8665 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 20.37B |
| Total Liabilities (Quarterly) | 13.92B |
| Shareholders Equity (Quarterly) | 5.965B |
| Current Ratio | 1.585 |
| Net Debt Paydown Yield | 1.18% |