Flexsteel Industries Inc (FLXS) — Working Capital to Net Assets Ratio
Flexsteel Industries Inc (FLXS) has a Working Capital to Net Assets ratio of 76.8% as of March 2026. Working capital of $142.24 Million (current assets of $200.47 Million minus current liabilities of $58.23 Million) is measured against net assets of $185.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FLXS net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Flexsteel Industries Inc Working Capital to Net Assets (1986–2025)
This chart shows how Flexsteel Industries Inc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 76.8%, reflecting working capital of $142.24 Million against net assets of $185.30 Million USD. Check FLXS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Flexsteel Industries Inc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Flexsteel Industries Inc from 1986 to 2025, covering 40 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 Flexsteel Industries Inc market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 65.7% | $110.36 Million | $167.86 Million | $172.37 Million | $62.01 Million | ▲ +2.6 pp |
| 2024 | 63.2% | $94.97 Million | $150.37 Million | $155.38 Million | $60.41 Million | ▼ -18.4 pp |
| 2023 | 81.6% | $115.54 Million | $141.62 Million | $170.64 Million | $55.10 Million | ▼ -13.8 pp |
| 2022 | 95.3% | $125.44 Million | $131.56 Million | $190.07 Million | $64.63 Million | ▲ +18.7 pp |
| 2021 | 76.7% | $128.79 Million | $167.97 Million | $228.54 Million | $99.75 Million | ▲ +3.5 pp |
| 2020 | 73.1% | $128.38 Million | $175.50 Million | $181.84 Million | $53.46 Million | ▲ +15.6 pp |
| 2019 | 57.5% | $118.20 Million | $205.43 Million | $165.97 Million | $47.76 Million | ▼ -4.0 pp |
| 2018 | 61.5% | $148.71 Million | $241.70 Million | $189.63 Million | $40.93 Million | ▼ -7.0 pp |
| 2017 | 68.5% | $158.06 Million | $230.76 Million | $195.25 Million | $37.20 Million | ▲ +0.2 pp |
| 2016 | 68.2% | $143.09 Million | $209.65 Million | $176.44 Million | $33.36 Million | ▲ +6.3 pp |
| 2015 | 61.9% | $115.68 Million | $186.75 Million | $167.00 Million | $51.32 Million | ▼ -15.2 pp |
| 2014 | 77.2% | $128.64 Million | $166.74 Million | $165.41 Million | $36.77 Million | ▲ +2.0 pp |
| 2013 | 75.2% | $113.70 Million | $151.24 Million | $149.20 Million | $35.50 Million | ▲ +0.8 pp |
| 2012 | 74.4% | $103.74 Million | $139.44 Million | $135.59 Million | $31.85 Million | ▼ -3.9 pp |
| 2011 | 78.3% | $100.68 Million | $128.57 Million | $128.35 Million | $27.67 Million | ▲ +1.1 pp |
| 2010 | 77.2% | $90.80 Million | $117.61 Million | $121.79 Million | $30.99 Million | ▲ +3.9 pp |
| 2009 | 73.3% | $78.42 Million | $107.00 Million | $114.71 Million | $36.30 Million | ▼ -16.2 pp |
| 2008 | 89.5% | $100.92 Million | $112.75 Million | $140.64 Million | $39.72 Million | ▲ +2.6 pp |
| 2007 | 86.9% | $97.90 Million | $112.68 Million | $143.37 Million | $45.46 Million | ▼ -3.3 pp |
| 2006 | 90.2% | $96.99 Million | $107.50 Million | $145.39 Million | $48.40 Million | ▲ +8.7 pp |
| 2005 | 81.5% | $85.39 Million | $104.80 Million | $127.80 Million | $42.41 Million | ▼ -0.6 pp |
| 2004 | 82.0% | $83.35 Million | $101.61 Million | $127.49 Million | $44.14 Million | ▲ +9.9 pp |
| 2003 | 72.2% | $67.67 Million | $93.75 Million | $89.82 Million | $22.16 Million | ▲ +1.2 pp |
| 2002 | 70.9% | $62.23 Million | $87.72 Million | $89.16 Million | $26.93 Million | ▲ +5.8 pp |
| 2001 | 65.1% | $55.40 Million | $85.06 Million | $76.57 Million | $21.17 Million | ▲ +4.1 pp |
| 2000 | 61.1% | $52.02 Million | $85.20 Million | $77.92 Million | $25.91 Million | ▼ -0.8 pp |
| 1999 | 61.8% | $50.20 Million | $81.20 Million | $78.70 Million | $28.50 Million | ▼ -3.0 pp |
| 1998 | 64.8% | $50.60 Million | $78.10 Million | $74.10 Million | $23.50 Million | ▲ +5.9 pp |
| 1997 | 58.9% | $44.30 Million | $75.20 Million | $65.20 Million | $20.90 Million | ▼ -5.1 pp |
| 1996 | 64.0% | $47.40 Million | $74.10 Million | $66.10 Million | $18.70 Million | ▲ +1.2 pp |
| 1995 | 62.7% | $46.30 Million | $73.80 Million | $65.70 Million | $19.40 Million | ▼ -4.3 pp |
| 1994 | 67.0% | $47.80 Million | $71.30 Million | $68.60 Million | $20.80 Million | ▼ -6.2 pp |
| 1993 | 73.2% | $49.70 Million | $67.90 Million | $66.70 Million | $17.00 Million | ▲ +0.8 pp |
| 1992 | 72.4% | $46.80 Million | $64.60 Million | $60.90 Million | $14.10 Million | ▲ +2.3 pp |
| 1991 | 70.2% | $46.30 Million | $66.00 Million | $58.30 Million | $12.00 Million | ▲ +1.2 pp |
| 1990 | 69.0% | $47.40 Million | $68.70 Million | $59.20 Million | $11.80 Million | ▲ +2.8 pp |
| 1989 | 66.2% | $43.60 Million | $65.90 Million | $56.20 Million | $12.60 Million | ▼ -4.3 pp |
| 1988 | 70.5% | $44.40 Million | $63.00 Million | $55.10 Million | $10.70 Million | ▼ 0.0 pp |
| 1987 | 70.5% | $40.90 Million | $58.00 Million | $51.80 Million | $10.90 Million | ▼ -7.7 pp |
| 1986 | 78.2% | $41.90 Million | $53.60 Million | $51.30 Million | $9.40 Million | — |