Flex Return On Tangible Assets from 2010 to 2024

FLEX Stock  USD 38.82  1.10  2.76%   
Flex Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.05960775
Current Value
0.0626
Quarterly Volatility
0.01659249
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Flex over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Flex's Return On 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Flex Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation44.41
Mean Deviation0.01
Median0.04
Standard Deviation0.02
Sample Variance0.0003
Range0.0555
R-Value0.35
Mean Square Error0.0003
R-Squared0.12
Significance0.20
Slope0
Total Sum of Squares0

Flex Return On Tangible Assets History

2024 0.0626
2023 0.0596
2022 0.0402
2020 0.0422
2019 0.007118
2018 0.007722
2017 0.0352

About Flex Financial Statements

Flex investors use historical fundamental indicators, such as Flex's Return On 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
Return On Tangible Assets 0.06  0.06 

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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.