Flexsteel Industries Stock Debt To Equity

FLXS Stock  USD 59.71  0.70  1.19%   
Flexsteel Industries fundamentals help investors to digest information that contributes to Flexsteel Industries' financial success or failures. It also enables traders to predict the movement of Flexsteel Stock. The fundamental analysis module provides a way to measure Flexsteel Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Flexsteel Industries stock.
Last ReportedProjected for Next Year
Debt To Equity 0.08  0.08 
Debt To Equity is likely to drop to 0.08 in 2024.
  
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Flexsteel Industries Company Debt To Equity Analysis

Flexsteel Industries' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

 = 

Total Debt

Total Equity

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Current Flexsteel Industries Debt To Equity

    
  0.74 %  
Most of Flexsteel Industries' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Flexsteel Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Flexsteel Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Flexsteel Industries is extremely important. It helps to project a fair market value of Flexsteel Stock properly, considering its historical fundamentals such as Debt To Equity. Since Flexsteel Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Flexsteel Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Flexsteel Industries' interrelated accounts and indicators.
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Flexsteel Debt To Equity Historical Pattern

Today, most investors in Flexsteel Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Flexsteel Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Flexsteel Industries debt to equity as a starting point in their analysis.
   Flexsteel Industries Debt To Equity   
       Timeline  
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition

Flexsteel Total Stockholder Equity

Total Stockholder Equity

127.09 Million

At this time, Flexsteel Industries' Total Stockholder Equity is comparatively stable compared to the past year.
According to the company disclosure, Flexsteel Industries has a Debt To Equity of 0.738%. This is 99.31% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The debt to equity for all United States stocks is 98.48% higher than that of the company.

Flexsteel Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Flexsteel Industries' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Flexsteel Industries could also be used in its relative valuation, which is a method of valuing Flexsteel Industries by comparing valuation metrics of similar companies.
Flexsteel Industries is currently under evaluation in debt to equity category among its peers.

Flexsteel Industries ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Flexsteel Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Flexsteel Industries' managers, analysts, and investors.
Environmental
Governance
Social

Flexsteel Fundamentals

About Flexsteel Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Flexsteel Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Flexsteel Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Flexsteel Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Flexsteel Stock Analysis

When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' 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 Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.