Flex Ltd (FLEX) — Working Capital to Net Assets Ratio
Flex Ltd (FLEX) has a Working Capital to Net Assets ratio of 83.9% as of March 2026. Working capital of $4.32 Billion (current assets of $16.33 Billion minus current liabilities of $12.02 Billion) is measured against net assets of $5.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Flex Ltd (FLEX) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Flex Ltd Working Capital to Net Assets (1993–2026)
This chart shows how Flex Ltd's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1993 to 2026. As of March 2026, the ratio stands at 83.9%, reflecting working capital of $4.32 Billion against net assets of $5.14 Billion USD. For the complete balance sheet picture, see total assets of Flex Ltd.
Annual Working Capital to Net Assets for Flex Ltd (1993–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Flex Ltd from 1993 to 2026, covering 34 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check financial resilience of Flex Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 83.9% | $4.32 Billion | $5.14 Billion | $16.33 Billion | $12.02 Billion | ▲ +24.1 pp |
| 2025 | 59.8% | $2.99 Billion | $5.00 Billion | $12.84 Billion | $9.85 Billion | ▼ -23.8 pp |
| 2024 | 83.6% | $4.45 Billion | $5.33 Billion | $12.99 Billion | $8.54 Billion | ▼ -6.9 pp |
| 2023 | 90.5% | $5.17 Billion | $5.71 Billion | $16.03 Billion | $10.87 Billion | ▲ +4.3 pp |
| 2022 | 86.2% | $3.63 Billion | $4.21 Billion | $14.34 Billion | $10.71 Billion | ▼ -16.5 pp |
| 2021 | 102.7% | $3.53 Billion | $3.44 Billion | $11.36 Billion | $7.83 Billion | ▲ +36.5 pp |
| 2020 | 66.2% | $1.88 Billion | $2.83 Billion | $9.09 Billion | $7.21 Billion | ▲ +15.6 pp |
| 2019 | 50.7% | $1.51 Billion | $2.97 Billion | $9.10 Billion | $7.60 Billion | ▼ -12.4 pp |
| 2018 | 63.0% | $1.90 Billion | $3.02 Billion | $9.17 Billion | $7.27 Billion | ▼ -7.3 pp |
| 2017 | 70.3% | $1.88 Billion | $2.68 Billion | $8.39 Billion | $6.50 Billion | ▲ +3.4 pp |
| 2016 | 66.9% | $1.74 Billion | $2.61 Billion | $8.32 Billion | $6.57 Billion | ▼ -15.9 pp |
| 2015 | 82.8% | $1.98 Billion | $2.40 Billion | $8.74 Billion | $6.76 Billion | ▲ +3.6 pp |
| 2014 | 79.2% | $1.74 Billion | $2.20 Billion | $9.40 Billion | $7.66 Billion | ▲ +8.0 pp |
| 2013 | 71.2% | $1.60 Billion | $2.25 Billion | $7.77 Billion | $6.17 Billion | ▼ -27.2 pp |
| 2012 | 98.4% | $2.25 Billion | $2.28 Billion | $8.53 Billion | $6.29 Billion | ▲ +1.4 pp |
| 2011 | 97.0% | $2.23 Billion | $2.29 Billion | $9.05 Billion | $6.83 Billion | ▲ +14.2 pp |
| 2010 | 82.8% | $1.64 Billion | $1.98 Billion | $7.99 Billion | $6.35 Billion | ▼ -0.1 pp |
| 2009 | 82.9% | $1.52 Billion | $1.83 Billion | $7.94 Billion | $6.41 Billion | ▲ +47.2 pp |
| 2008 | 35.7% | $2.91 Billion | $8.16 Billion | $10.31 Billion | $7.40 Billion | ▲ +17.8 pp |
| 2007 | 17.9% | $1.10 Billion | $6.18 Billion | $5.59 Billion | $4.49 Billion | ▲ +0.3 pp |
| 2006 | 17.5% | $938.63 Million | $5.35 Billion | $4.90 Billion | $3.96 Billion | ▲ +0.2 pp |
| 2005 | 17.4% | $906.97 Million | $5.22 Billion | $4.79 Billion | $3.88 Billion | ▼ -2.9 pp |
| 2004 | 20.3% | $884.82 Million | $4.37 Billion | $4.26 Billion | $3.38 Billion | ▲ +0.5 pp |
| 2003 | 19.8% | $897.74 Million | $4.54 Billion | $3.48 Billion | $2.58 Billion | ▼ -11.5 pp |
| 2002 | 31.3% | $1.39 Billion | $4.46 Billion | $4.55 Billion | $3.16 Billion | ▼ -16.2 pp |
| 2001 | 47.5% | $1.91 Billion | $4.03 Billion | $4.46 Billion | $2.54 Billion | ▲ +32.6 pp |
| 2000 | 14.9% | $237.49 Million | $1.60 Billion | $2.30 Billion | $2.06 Billion | ▼ -5.7 pp |
| 1999 | 20.6% | $96.78 Million | $470.27 Million | $654.03 Million | $557.25 Million | ▼ -37.1 pp |
| 1998 | 57.7% | $124.54 Million | $215.80 Million | $439.53 Million | $315.00 Million | ▲ +87.8 pp |
| 1997 | -30.1% | $-30.25 Million | $100.49 Million | $254.40 Million | $284.64 Million | ▼ -68.9 pp |
| 1996 | 38.8% | $27.70 Million | $71.30 Million | $141.40 Million | $113.70 Million | ▼ -19.0 pp |
| 1995 | 57.9% | $33.40 Million | $57.70 Million | $83.90 Million | $50.50 Million | ▼ -7.4 pp |
| 1994 | 65.3% | $34.60 Million | $53.00 Million | $80.70 Million | $46.10 Million | ▼ -22.6 pp |
| 1993 | 87.9% | $2.90 Million | $3.30 Million | $34.70 Million | $31.80 Million | — |