What is Flex Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flex's interest expense for the
three
months ended in Dec. 2023 was $ -53 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-212 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Flex's Operating Income for the
three
months ended in Dec. 2023 was $ 361 Mil. Flex's Interest Expense for the
three
months ended in Dec. 2023 was $ -53 Mil.
Flex's Interest Coverage for the quarter that ended in Dec. 2023 was 6.81.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Flex Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-212 Mil.
* 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 (NAS:FLEX) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Flex's Interest Expense for the
three
months ended in Dec. 2023 was $-53 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $361 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $3,933 Mil.
Flex's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
* 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.
The higher the ratio, the stronger the company's financial strength is.
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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