Flex Ltd (FLEX) - Total Assets
Based on the latest financial reports, Flex Ltd (FLEX) holds total assets worth $22.06 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore FLEX operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Flex Ltd - Total Assets Trend (1993–2026)
This chart illustrates how Flex Ltd's total assets have evolved over time, based on quarterly financial data. See Flex Ltd net assets for net asset value and shareholders' equity analysis.
Flex Ltd - Asset Composition Analysis
Current Asset Composition (March 2026)
Flex Ltd's total assets of $22.06 Billion consist of 74.0% current assets and 26.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.8% |
| Accounts Receivable | $4.68 Billion | 21.2% |
| Inventory | $5.84 Billion | 26.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $283.00 Million | 1.3% |
| Goodwill | $1.37 Billion | 6.2% |
Asset Composition Trend (1993–2026)
This chart illustrates how Flex Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FLEX company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Flex Ltd's current assets represent 74.0% of total assets in 2026, an increase from 71.1% in 1993.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2026, up from 5.1% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 5.0% in 1993.
- Asset Diversification: The largest asset category is inventory at 26.5% of total assets.
Flex Ltd Competitors by Total Assets
Key competitors of Flex Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Avary Holding Shenzhen Co Ltd Class A
SHE:002938
|
China | CN¥47.93 Billion |
|
Shenzhen Sunway Communication
SHE:300136
|
China | CN¥14.13 Billion |
|
Shenzhen MTC Co Ltd
SHE:002429
|
China | CN¥28.00 Billion |
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
China | CN¥9.59 Billion |
|
Shenzhen FRD Science & Technology Co Ltd
SHE:300602
|
China | CN¥8.80 Billion |
|
Triumph Science & Technology Co Ltd
SHG:600552
|
China | CN¥12.58 Billion |
|
Xiamen Leading Optics Co Ltd
SHG:605118
|
China | CN¥1.80 Billion |
|
Wenzhou Yihua Connector Co Ltd
SHE:002897
|
China | CN¥7.08 Billion |
Flex Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.36 | 1.30 | 1.44 |
| Quick Ratio | 0.87 | 0.79 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.32 Billion | $2.99 Billion | $3.59 Billion |
Flex Ltd - Advanced Valuation Insights
This section examines the relationship between Flex Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 10.83 |
| Latest Market Cap to Assets Ratio | 1.89 |
| Asset Growth Rate (YoY) | 20.0% |
| Total Assets | $22.06 Billion |
| Market Capitalization | $41.68 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Flex Ltd's assets above their book value (1.89x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Flex Ltd's assets grew by 20.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Flex Ltd (1993–2026)
The table below shows the annual total assets of Flex Ltd from 1993 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | $22.06 Billion | +20.02% |
| 2025-03-31 | $18.38 Billion | +0.68% |
| 2024-03-31 | $18.26 Billion | -14.71% |
| 2023-03-31 | $21.41 Billion | +10.77% |
| 2022-03-31 | $19.32 Billion | +22.03% |
| 2021-03-31 | $15.84 Billion | +15.68% |
| 2020-03-31 | $13.69 Billion | +1.41% |
| 2019-03-31 | $13.50 Billion | -1.58% |
| 2018-03-31 | $13.72 Billion | +8.91% |
| 2017-03-31 | $12.59 Billion | +1.68% |
| 2016-03-31 | $12.38 Billion | +5.91% |
| 2015-03-31 | $11.69 Billion | -6.45% |
| 2014-03-31 | $12.50 Billion | +18.02% |
| 2013-03-31 | $10.59 Billion | -4.01% |
| 2012-03-31 | $11.03 Billion | -5.15% |
| 2011-03-31 | $11.63 Billion | +9.31% |
| 2010-03-31 | $10.64 Billion | -5.96% |
| 2009-03-31 | $11.32 Billion | -42.04% |
| 2008-03-31 | $19.52 Billion | +58.21% |
| 2007-03-31 | $12.34 Billion | +12.62% |
| 2006-03-31 | $10.96 Billion | -0.45% |
| 2005-03-31 | $11.01 Billion | +14.85% |
| 2004-03-31 | $9.58 Billion | +14.17% |
| 2003-03-31 | $8.39 Billion | -2.90% |
| 2002-03-31 | $8.64 Billion | +14.17% |
| 2001-03-31 | $7.57 Billion | +145.27% |
| 2000-03-31 | $3.09 Billion | +182.09% |
| 1999-03-31 | $1.09 Billion | +47.07% |
| 1998-03-31 | $744.12 Million | +66.73% |
| 1997-03-31 | $446.29 Million | +107.96% |
| 1996-03-31 | $214.60 Million | +84.84% |
| 1995-03-31 | $116.10 Million | +15.06% |
| 1994-03-31 | $100.90 Million | +106.76% |
| 1993-03-31 | $48.80 Million | -- |
About Flex Ltd
Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, industrial, healthcare, industrial, and power industries in the Americas, Asia, and Europe. The company operates through three segments: Integrated Technology Solutions (ITS), Regulated Manufacturing Solutions (RMS), and Cloud and Power Infrastructu… Read more