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 net asset quality index to measure how much of total assets are equity-financed.
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. Check tangible equity quality of Flex Ltd to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Flex Ltd market capitalisation.
| 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 | — |