FLXS (Flexsteel Industries) LT-Debt-to-Total-Asset: 0.16 (As of Mar. 2026)

What is Flexsteel Industries LT-Debt-to-Total-Asset?

Flexsteel Industries FLXS -4.81% 64 LT-Debt-to-Total-Asset is 0.16 as of Mar. 2026. GuruFocus rates FLXS with a GF Score™ of 64/100 and a GF Value™ of $37.94 (Significantly Overvalued). The stock has 5 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Flexsteel Industries's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.16.

Flexsteel Industries's long-term debt to total assets ratio declined from Mar. 2025 (0.20) to Mar. 2026 (0.16). It may suggest that Flexsteel Industries is progressively becoming less dependent on debt to grow their business.

Flexsteel Industries (NAS:FLXS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Flexsteel Industries LT-Debt-to-Total-Asset Related Terms

Flexsteel Industries LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Flexsteel Industries's LT-Debt-to-Total-Asset 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.

Flexsteel Industries LT-Debt-to-Total-Asset Chart

Flexsteel Industries Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.27

0.32

0.23

0.18

Flexsteel Industries Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.18	0.18	0.17	0.16

64GF Score

Flexsteel Industries Inc FLXS

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Flexsteel Industries LT-Debt-to-Total-Asset Calculation

Flexsteel Industries's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

LT Debt to Total Assets (A: Jun. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2025 )	/	Total Assets (A: Jun. 2025 )
	=	51.561	/	282.486
	=	0.18

Flexsteel Industries's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	45.645	/	290.171
	=	0.16

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.16 mean?

Flexsteel Industries (FLXS) has a LT-Debt-to-Total-Asset of 0.16 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Flexsteel Industries and its competitors.

Is Flexsteel Industries' LT-Debt-to-Total-Asset too high?

Flexsteel Industries' current LT-Debt-to-Total-Asset is 0.16. Overall, Flexsteel Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Flexsteel Industries' LT-Debt-to-Total-Asset compare to HBB and LOVE?

Flexsteel Industries' LT-Debt-to-Total-Asset of 0.16 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Furnishings, Fixtures & Appliances company?

A good LT-Debt-to-Total-Asset depends on the Furnishings, Fixtures & Appliances industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Flexsteel Industries and its competitors. Flexsteel Industries's current LT-Debt-to-Total-Asset is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Flexsteel Industries stock overvalued right now?

Based on GuruFocus' analysis, Flexsteel Industries (FLXS) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.94, compared to a current price of $72.70 — trading 91.6% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.16. Flexsteel Industries' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Flexsteel Industries (FLXS), the current LT-Debt-to-Total-Asset is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Flexsteel Industries (FLXS) Overvalued in 2026?

Based on GuruFocus' analysis, Flexsteel Industries stock appears to be overvalued. The current stock price of $72.70 is trading 91.6% above its estimated GF Value™ of $37.94. GuruFocus considers Flexsteel Industries to be Significantly Overvalued.

Key valuation signals for FLXS:

LT-Debt-to-Total-Asset: 0.16
GF Value™: $37.94 vs. price of $72.70 (91.6% above fair value)
GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the FLXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Flexsteel Industries Business Description

Industry Consumer Cyclical Furnishings, Fixtures & Appliances

Comparable Companies HBB LOVE COOK HOFT LCUT BSET KEQU VIRC VIOT PRPL SZSE:000333 SZSE:000651 SHSE:600690 TPE:2059 SHSE:603268 SN SGI TSE:9843 MHK LSE:HWDN

Other Exchanges FX3:Germany

Address 385 Bell Street, Dubuque, IA, USA, 52001-0877

Website https://www.flexsteel.com

Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. Its product offerings include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential markets.

64GF Score

Get the complete analysis for FLXS

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$72.70

Price

$37.94

GF Value

View FLXS Analysis

See LT-Debt-to-Total-Asset data for all stocks →