Flex Ltd (FLEX) — Cash Flow-to-Debt Ratio
Flex Ltd (FLEX) has a Cash Flow-to-Debt Ratio of 0.02x as of March 2026, meaning its operating cash flow of $413.00 Million could theoretically repay 0% of its total liabilities ($16.92 Billion) in one year. See financial flexibility index of Flex Ltd to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Flex Ltd Cash Flow-to-Debt Ratio (1993–2026)
Historical debt coverage capacity for Flex Ltd across 34 annual periods. For the full cash flow conversion analysis, see Flex Ltd (FLEX) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Flex Ltd (1993–2026)
Year-by-year debt coverage analysis for Flex Ltd. Check how high is Flex Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.10x | $1.69 Billion | $16.92 Billion | ▼ -11.4% |
| 2025 | 0.11x | $1.50 Billion | $13.38 Billion | ▲ +9.7% |
| 2024 | 0.10x | $1.33 Billion | $12.93 Billion | ▲ +69.5% |
| 2023 | 0.06x | $950.00 Million | $15.70 Billion | ▼ -10.7% |
| 2022 | 0.07x | $1.02 Billion | $15.12 Billion | ▲ +483.3% |
| 2021 | 0.01x | $144.00 Million | $12.40 Billion | ▲ +108.2% |
| 2020 | -0.14x | $-1.53 Billion | $10.86 Billion | ▲ +50.0% |
| 2019 | -0.28x | $-2.97 Billion | $10.53 Billion | ▼ -500.6% |
| 2018 | 0.07x | $753.60 Million | $10.70 Billion | ▼ -39.3% |
| 2017 | 0.12x | $1.15 Billion | $9.92 Billion | ▼ -0.2% |
| 2016 | 0.12x | $1.14 Billion | $9.78 Billion | ▲ +36.1% |
| 2015 | 0.09x | $794.03 Million | $9.30 Billion | ▼ -27.7% |
| 2014 | 0.12x | $1.22 Billion | $10.30 Billion | ▼ -11.6% |
| 2013 | 0.13x | $1.12 Billion | $8.34 Billion | ▲ +45.4% |
| 2012 | 0.09x | $804.27 Million | $8.75 Billion | ▲ +0.1% |
| 2011 | 0.09x | $857.34 Million | $9.34 Billion | ▼ -0.5% |
| 2010 | 0.09x | $798.92 Million | $8.66 Billion | ▼ -33.5% |
| 2009 | 0.14x | $1.32 Billion | $9.48 Billion | ▲ +51.3% |
| 2008 | 0.09x | $1.04 Billion | $11.36 Billion | ▲ +104.8% |
| 2007 | 0.04x | $276.38 Million | $6.16 Billion | ▼ -54.3% |
| 2006 | 0.10x | $549.36 Million | $5.60 Billion | ▼ -21.7% |
| 2005 | 0.13x | $724.26 Million | $5.78 Billion | ▲ +248.1% |
| 2004 | 0.04x | $187.70 Million | $5.22 Billion | ▼ -77.2% |
| 2003 | 0.16x | $607.78 Million | $3.85 Billion | ▼ -23.0% |
| 2002 | 0.21x | $858.91 Million | $4.19 Billion | ▲ +254.6% |
| 2001 | -0.13x | $-469.73 Million | $3.54 Billion | ▼ -475.3% |
| 2000 | -0.02x | $-34.36 Million | $1.49 Billion | ▼ -122.0% |
| 1999 | 0.10x | $65.38 Million | $624.11 Million | ▲ +44.6% |
| 1998 | 0.07x | $38.29 Million | $528.32 Million | ▼ -46.3% |
| 1997 | 0.13x | $46.67 Million | $345.81 Million | ▲ +705.8% |
| 1996 | 0.02x | $2.40 Million | $143.30 Million | ▲ +128.8% |
| 1995 | -0.06x | $-3.40 Million | $58.40 Million | ▼ -143.6% |
| 1994 | 0.13x | $6.40 Million | $47.90 Million | ▲ +5979.3% |
| 1993 | 0.00x | $100.00K | $45.50 Million | — |