Flex Net Tangible Assets from 2010 to 2024

FLEX Stock  USD 38.97  0.15  0.39%   
Flex Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 2.2 B in 2024. Net Tangible Assets is the total assets of Flex minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2009-06-30
Previous Quarter
3.7 B
Current Value
4.3 B
Quarterly Volatility
626.2 M
 
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Flex over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Flex's Net Tangible 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Flex Net Tangible Assets Regression Statistics

Arithmetic Mean2,151,799,758
Geometric Mean2,025,863,670
Coefficient Of Variation39.13
Mean Deviation592,459,944
Median1,945,639,000
Standard Deviation842,020,397
Sample Variance708998.3T
Range3B
R-Value0.60
Mean Square Error491238.1T
R-Squared0.36
Significance0.02
Slope112,438,581
Total Sum of Squares9925976.9T

Flex Net Tangible Assets History

20242.2 B
20234.2 B
20223.7 B
20212.4 B
20202.7 B
2019B
20181.6 B

About Flex Financial Statements

Flex investors use historical fundamental indicators, such as Flex's Net Tangible 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
Net Tangible Assets4.2 B2.2 B

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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.