Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Flex's operating assets for the quarter that ended in Dec. 2023 was $17,602 Mil. Flex's operating liabilities for the quarter that ended in Dec. 2023 was $9,985 Mil. Flex's Total Assets for the quarter that ended in Sep. 2023 was $20,968 Mil. Therefore, Flex's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.36.
Flex Scaled Net Operating Assets Historical Data
The historical data trend for Flex's Scaled Net Operating Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
Flex Annual Data
|
|
Trend |
Mar14 |
Mar15 |
Mar16 |
Mar17 |
Mar18 |
Mar19 |
Mar20 |
Mar21 |
Mar22 |
Mar23 |
| Scaled Net Operating Assets |
|
|
|
|
|
|
0.32 |
0.32 |
0.38 |
0.38 |
0.35 |
|
Flex Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Scaled Net Operating Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.32 |
0.32 |
0.34 |
0.35 |
0.36 |
Competitive Comparison
For the Electronic Components subindustry, Flex's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flex Scaled Net Operating Assets Distribution
For the Hardware industry and Technology sector, Flex's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Flex's Scaled Net Operating Assets falls into.
Flex Scaled Net Operating Assets Calculation
Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Flex's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as
| Scaled Net Operating Assets (SNOA) | | (A: Mar. 2023 ) |
| = | (Operating Assets (A: Mar. 2023 ) | - | Operating Liabilities (A: Mar. 2023 )) | / | Total Assets (A: Mar. 2022 ) |
| = | (18101 | - | 11342) | / | 19325 |
| = | 0.35 |
where
Flex's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as
| Scaled Net Operating Assets (SNOA) | | (Q: Dec. 2023 ) |
| = | (Operating Assets (Q: Dec. 2023 ) | - | Operating Liabilities (Q: Dec. 2023 )) | / | Total Assets (Q: Sep. 2023 ) |
| = | (17602 | - | 9985) | / | 20968 |
| = | 0.36 |
where
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Flex (FLEX) Business Description
Traded in Other Exchanges
Address
2 Changi South Lane, Singapore, SGP, 486123
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.
Executives
| Erin Mcsweeney |
director |
EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748 |
| David Scott Offer |
officer: EVP, General Counsel |
6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002 |
| Paul Lundstrom |
officer: Chief Financial Officer |
222 N. SEPULVEDA BLVD., SUITE 500, EL SEGUNDO CA 90245 |
| Revathi Advaithi |
director, officer: Chief Executive Officer |
EATON HOUSE, 30 PEMBROKE ROAD, DUBLIN 4 L2 - |
| Kwang Hooi Tan |
officer: Group President |
6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002 |
| Michael P Hartung |
officer: President, Agility Solutions |
6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002 |
| Daniel Wendler |
officer: Chief Accounting Officer |
6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002 |
| Rebecca Sidelinger |
officer: Group President |
6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002 |
| Stevens Charles K. Iii |
director |
300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000 |
| Maryrose Sylvester |
director |
C/O 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208 |
| Pat Ward |
director |
500 JACKSON STREET, COLUMBUS IN 47201 |
| Francois Barbier |
officer: President, Global Operations |
ONE MARINA BOULEVARD, #28-00, SINGAPORE U0 018989 |
| David P Bennett |
officer: Chief Accounting Officer |
3616 NICOLE AVE, PLEASANTON CA 94588 |
| Todd Fruchterman |
officer: Pres, Reliability Solutions |
C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437 |
| John D Harris |
director |
C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002 |
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