Flex Other Current Assets from 2010 to 2024

FLEX Stock  USD 40.53  0.70  1.76%   
Flex Other Current Assets yearly trend continues to be fairly stable with very little volatility. Other Current Assets will likely drop to about 789.1 M in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1994-03-31
Previous Quarter
1.1 B
Current Value
1.8 B
Quarterly Volatility
460.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Flex over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Flex's Other Current Assets 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.
Other Current Assets10 Years Trend
Very volatile
   Other Current Assets   
       Timeline  

Flex Other Current Assets Regression Statistics

Arithmetic Mean1,018,232,999
Geometric Mean677,750,984
Coefficient Of Variation41.67
Mean Deviation314,814,267
Median1,031,000,000
Standard Deviation424,334,666
Sample Variance180059.9T
Range1.8B
R-Value0.07
Mean Square Error193060.3T
R-Squared0
Significance0.81
Slope6,283,528
Total Sum of Squares2520838.7T

Flex Other Current Assets History

2024789.1 M
2023B
20221.8 B
2021903 M
2020590 M
2019660.1 M
2018854.8 M

About Flex Financial Statements

Flex investors use historical fundamental indicators, such as Flex's Other Current Assets, 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
Other Current AssetsB789.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.