Flexsteel Industries Inc (FLXS) — Net Asset Quality Index
Flexsteel Industries Inc (FLXS) has a Net Asset Quality Index of 63.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $290.17 Million minus total liabilities of $104.87 Million yields net assets of $185.30 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Flexsteel Industries Inc carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Flexsteel Industries Inc Net Asset Quality Index Over Time (1986–2025)
This chart shows how Flexsteel Industries Inc's Net Asset Quality Index has evolved across 40 annual periods from 1986 to 2025. As of March 2026, the index stands at 63.9%, representing net assets of $185.30 Million against total assets of $290.17 Million USD. For live market cap and overall valuation, see Flexsteel Industries Inc (FLXS) market capitalisation.
Annual Net Asset Quality Index for Flexsteel Industries Inc (1986–2025)
The table below presents the year-by-year Net Asset Quality Index for Flexsteel Industries Inc from 1986 to 2025, covering 40 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check strategic asset allocation of Flexsteel Industries Inc to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 59.4% | $167.86 Million | $282.49 Million | $114.62 Million | ▲ +4.6 pp |
| 2024 | 54.8% | $150.37 Million | $274.46 Million | $124.09 Million | ▲ +6.0 pp |
| 2023 | 48.7% | $141.62 Million | $290.55 Million | $148.93 Million | ▼ -0.2 pp |
| 2022 | 49.0% | $131.56 Million | $268.74 Million | $137.18 Million | ▼ -7.6 pp |
| 2021 | 56.6% | $167.97 Million | $296.78 Million | $128.81 Million | ▼ -17.4 pp |
| 2020 | 74.0% | $175.50 Million | $237.26 Million | $61.75 Million | ▼ -6.8 pp |
| 2019 | 80.8% | $205.43 Million | $254.29 Million | $48.86 Million | ▼ -4.2 pp |
| 2018 | 85.0% | $241.70 Million | $284.29 Million | $42.59 Million | ▼ -0.4 pp |
| 2017 | 85.5% | $230.76 Million | $270.05 Million | $39.28 Million | ▲ +0.5 pp |
| 2016 | 84.9% | $209.65 Million | $246.90 Million | $37.25 Million | ▲ +8.6 pp |
| 2015 | 76.3% | $186.75 Million | $244.62 Million | $57.87 Million | ▼ -3.0 pp |
| 2014 | 79.3% | $166.74 Million | $210.21 Million | $43.48 Million | ▲ +0.8 pp |
| 2013 | 78.5% | $151.24 Million | $192.54 Million | $41.30 Million | ▲ +1.8 pp |
| 2012 | 76.8% | $139.44 Million | $181.67 Million | $42.23 Million | ▼ -1.3 pp |
| 2011 | 78.1% | $128.57 Million | $164.68 Million | $36.10 Million | ▲ +3.5 pp |
| 2010 | 74.6% | $117.61 Million | $157.67 Million | $40.06 Million | ▲ +3.7 pp |
| 2009 | 70.9% | $107.00 Million | $150.97 Million | $43.97 Million | ▲ +8.2 pp |
| 2008 | 62.7% | $112.75 Million | $179.91 Million | $67.15 Million | ▲ +1.8 pp |
| 2007 | 60.9% | $112.68 Million | $185.01 Million | $72.34 Million | ▲ +2.3 pp |
| 2006 | 58.6% | $107.50 Million | $183.33 Million | $75.82 Million | ▼ -4.2 pp |
| 2005 | 62.9% | $104.80 Million | $166.66 Million | $61.86 Million | ▲ +2.9 pp |
| 2004 | 59.9% | $101.61 Million | $169.52 Million | $67.91 Million | ▼ -17.7 pp |
| 2003 | 77.7% | $93.75 Million | $120.70 Million | $26.95 Million | ▲ +4.1 pp |
| 2002 | 73.6% | $87.72 Million | $119.16 Million | $31.44 Million | ▼ -3.5 pp |
| 2001 | 77.1% | $85.06 Million | $110.29 Million | $25.23 Million | ▲ +3.0 pp |
| 2000 | 74.2% | $85.20 Million | $114.88 Million | $29.68 Million | ▲ +2.1 pp |
| 1999 | 72.0% | $81.20 Million | $112.70 Million | $31.50 Million | ▼ -2.5 pp |
| 1998 | 74.6% | $78.10 Million | $104.70 Million | $26.60 Million | ▼ -1.2 pp |
| 1997 | 75.8% | $75.20 Million | $99.20 Million | $24.00 Million | ▼ -1.5 pp |
| 1996 | 77.3% | $74.10 Million | $95.90 Million | $21.80 Million | ▲ +0.6 pp |
| 1995 | 76.6% | $73.80 Million | $96.30 Million | $22.50 Million | ▲ +1.7 pp |
| 1994 | 75.0% | $71.30 Million | $95.10 Million | $23.80 Million | ▼ -2.3 pp |
| 1993 | 77.2% | $67.90 Million | $87.90 Million | $20.00 Million | ▼ -1.7 pp |
| 1992 | 79.0% | $64.60 Million | $81.80 Million | $17.20 Million | ▼ -2.0 pp |
| 1991 | 81.0% | $66.00 Million | $81.50 Million | $15.50 Million | ▼ -1.7 pp |
| 1990 | 82.7% | $68.70 Million | $83.10 Million | $14.40 Million | ▲ +1.4 pp |
| 1989 | 81.3% | $65.90 Million | $81.10 Million | $15.20 Million | ▲ +3.1 pp |
| 1988 | 78.2% | $63.00 Million | $80.60 Million | $17.60 Million | ▲ +3.3 pp |
| 1987 | 74.8% | $58.00 Million | $77.50 Million | $19.50 Million | ▲ +2.5 pp |
| 1986 | 72.3% | $53.60 Million | $74.10 Million | $20.50 Million | — |