Flex Ltd (FLEX) Financials

Flex Ltd (FLEX) is a global leader in design, manufacturing, and supply chain solutions. With a strong focus on innovation and technology, the company offers a wide range of products and services across various industries. The company's financials reflect its ongoing commitment to growth and profitability. Let's take a closer look at Flex Ltd's financial statements.

Starting with the income statement, we can see that Flex Ltd reported a total revenue of $23.5 billion. This represents a significant increase compared to the previous year. The company's gross profit also saw a boost, reaching $2.6 billion. Moving down the statement, we find that Flex Ltd's EBIT, or earnings before interest and taxes, stood at $870 million. This indicates the company's ability to generate profits from its operations. Additionally, the EBITDA, which includes depreciation and amortization expenses, amounted to $1.1 billion.

Analyzing the balance sheet, we find that Flex Ltd has a strong financial position. The company's total assets reached $25 billion, demonstrating its substantial resource base. Out of this, cash equivalents accounted for $1.5 billion, providing liquidity for future investments and operations. Flex Ltd's total liabilities amounted to $17 billion, indicating the company's debt obligations. However, it is important to note that the company's net debt is relatively low, standing at $1.2 billion.

Looking at the net income from stockholders' perspective, Flex Ltd reported a net income of $410 million. This is a positive sign for investors, as it reflects the company's ability to generate profits for its shareholders. Moreover, the stockholders' equity, which represents the value of shareholders' investments, reached $5 billion. This indicates the strong financial support provided by the company's shareholders.

In terms of cash flow, Flex Ltd demonstrated solid performance. The operating cash flow, which reflects the cash generated from the company's core operations, amounted to $1.2 billion. This highlights the company's ability to generate cash from its day-to-day activities. Additionally, the investing cash flow, which includes investments in assets and acquisitions, stood at $500 million. On the other hand, the financing cash flow, which includes debt repayment and dividend payments, amounted to $600 million.

Finally, let's take a look at the free cash flow, which represents the cash generated after deducting capital expenditures. Flex Ltd reported a free cash flow of $700 million, indicating its ability to generate excess cash for potential growth opportunities or returning value to shareholders.

In conclusion, Flex Ltd's financial statements illustrate its strong financial performance. The company's total revenue, gross profit, and net income reflect its ability to generate profits. Furthermore, the balance sheet demonstrates the company's strong financial position, supported by significant assets, cash equivalents, and stockholders' equity. Lastly, the cash flow statement highlights Flex Ltd's ability to generate cash from operations while maintaining a healthy financial structure. Overall, Flex Ltd's financials indicate its capability to prosper in the dynamic global marketplace.