Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. Valuation: What is FLEX worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether FLEX is currently mispriced by the market. Usually, for Electronic companies, this is a suitable ratio since there’s a sufficient cash cushion without leaving too much capital idle or in low-earning investments.įuture Outlook: What are well-informed industry analysts predicting for FLEX’s future growth? Take a look at our free research report of analyst consensus for FLEX’s outlook. With current liabilities at US$7.79b, it seems that the business has been able to meet these obligations given the level of current assets of US$9.68b, with a current ratio of 1.24x. In FLEX’s case, it is able to generate 0.27x cash from its debt capital. This ratio can also be interpreted as a measure of efficiency as an alternative to return on assets. Additionally, FLEX has generated cash from operations of US$777.5m during the same period of time, resulting in an operating cash to total debt ratio of 26.6%, indicating that FLEX’s current level of operating cash is high enough to cover debt. At this current level of debt, the current cash and short-term investment levels stands at US$1.25b, ready to deploy into the business. Over the past year, FLEX has maintained its debt levels at around US$2.92b – this includes both the current and long-term debt. Don’t forget that this is a general and concentrated examination of Flex’s financial health, so you should conduct further analysis into FLEX here.Ĭheck out our latest analysis for Flex Does FLEX produce enough cash relative to debt? ![]() Today we will look at FLEX’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. ![]() ![]() Surprisingly though, when accounted for risk, mid-caps have delivered better returns compared to the two other categories of stocks. Mid-caps stocks, like Flex Ltd ( NASDAQ:FLEX) with a market capitalization of US$6.96b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks.
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