Flex Current Ratio from 2010 to 2024

FLEX Stock  USD 40.53  0.70  1.76%   
Flex Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.50 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.52148964
Current Value
1.5
Quarterly Volatility
0.12165489
 
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Yuan Drop
 
Covid
Check Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 410.9 M, Interest Expense of 217.3 M or Total Revenue of 19.2 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.002 or PTB Ratio of 3.58. Flex financial statements analysis is a perfect complement when working with Flex Valuation or Volatility modules.
  
Check out the analysis of Flex Correlation against competitors.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.

Latest Flex's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Flex over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Flex's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flex's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.29 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Flex Current Ratio Regression Statistics

Arithmetic Mean1.32
Geometric Mean1.31
Coefficient Of Variation9.22
Mean Deviation0.1
Median1.29
Standard Deviation0.12
Sample Variance0.01
Range0.4303
R-Value0.76
Mean Square Error0.01
R-Squared0.57
Significance0
Slope0.02
Total Sum of Squares0.21

Flex Current Ratio History

2024 1.5
2023 1.52
2022 1.48
2021 1.34
2020 1.45
2018 1.2

About Flex Financial Statements

Flex investors use historical fundamental indicators, such as Flex's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.52  1.50 

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Additional Tools for Flex Stock Analysis

When running Flex's price analysis, check to measure Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.