Flexsteel Industries, Inc. (FLXS) quarterly balance sheet — complete assets, liabilities & equity history
Flexsteel Industries, Inc. (FLXS) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 148.45M | 158.37M | 200.47M | 188.6M | 175.37M | 172.37M | 156.94M | 149.05M | 151.61M | 155.38M | 149.89M | 149.11M | 165.16M | 170.64M | 160.41M | 152.79M | 172.98M | 190.07M | 209.54M | 242.15M |
| Cash & Short-Term Investments | 4.41M | 16.68M | 57.28M | 36.77M | 38.59M | 40.01M | 22.63M | 11.79M | 5.74M | 4.76M | 4.57M | 3.31M | 2.97M | 3.37M | 2.41M | 1.77M | 3.97M | 2.18M | 3.4M | 4.09M |
| Cash Only | 4.41M | 16.68M | 57.28M | 36.77M | 38.59M | 40.01M | 22.63M | 11.79M | 5.74M | 4.76M | 4.57M | 3.31M | 2.97M | 3.37M | 2.41M | 1.77M | 3.97M | 2.18M | 3.4M | 4.09M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 41.52M | 42.66M | 41.45M | 41.83M | 35.24M | 35.23M | 38.45M | 36.31M | 39.48M | 44.24M | 38.88M | 31.4M | 31.55M | 38.17M | 36.51M | 32.66M | 33.89M | 41.11M | 44.52M | 50M |
| Days Sales Outstanding | 33.98 | 33.17 | 32.56 | 29.98 | 29.35 | 29.25 | 29.52 | 32.14 | 37.03 | 34.13 | 29.83 | 28.93 | 33.9 | 32.11 | 31.43 | 32.87 | 36.05 | 31.29 | 30.29 | 31.9 |
| Inventory | 92.78M | 90.59M | 80.57M | 95.09M | 86.97M | 89.14M | 87.14M | 91.04M | 95.9M | 96.58M | 96.59M | 105.24M | 120.81M | 122.08M | 113.31M | 110.83M | 121.39M | 141.21M | 154.12M | 179.04M |
| Days Inventory Outstanding | 94.92 | 96.45 | 88.74 | 91.6 | 95.88 | 92 | 90.46 | 100.37 | 108.45 | 100.73 | 109.45 | 133.04 | 146.64 | 126.44 | 125.44 | 138.19 | 150.37 | 125.77 | 126.69 | 129.76 |
| Other Current Assets | 9.74M | 8.44M | 21.16M | 14.9M | 14.57M | 8M | 8.71M | 9.91M | 10.49M | 9.8M | 9.85M | 9.16M | 9.82M | 7.03M | 8.19M | 7.52M | 13.73M | 5.57M | 7.5M | 9.02M |
| Total Non-Current Assets | 94.06M | 95.64M | 89.71M | 101.6M | 106.11M | 110.11M | 109.19M | 122.5M | 117.11M | 119.08M | 123.87M | 123.36M | 119.72M | 119.91M | 107.37M | 109.21M | 111.77M | 78.67M | 80.33M | 81.61M |
| Property, Plant & Equipment | 69.75M | 71.64M | 73.77M | 76.01M | 76.83M | 77.76M | 79.16M | 98M | 95.64M | 98.15M | 103.36M | 105.19M | 105.45M | 106.95M | 105.43M | 107.27M | 109.83M | 76.73M | 78.42M | 79.7M |
| Fixed Asset Turnover | 1.61x | 1.59x | 1.54x | 1.55x | 1.43x | 1.46x | 1.29x | 1.12x | 1.07x | 1.10x | 1.03x | 0.95x | 0.89x | 1.00x | 0.93x | 0.86x | 1.03x | 1.61x | 1.78x | 1.96x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 15.12M | 0 | 0 | 0 | 19.04M | 0 | 0 | 0 | 11.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 24.31M | 8.87M | 15.94M | 25.59M | 20.2M | 872K | 17.96M | 15.89M | 12.89M | 879K | 13.43M | 11.11M | 7.2M | 5.81M | 1.94M | 1.94M | 1.94M | 1.94M | 1.92M | 1.91M |
| Total Assets | 242.51M | 254.01M | 290.17M | 290.19M | 281.47M | 282.49M | 266.13M | 271.55M | 268.72M | 274.46M | 273.77M | 272.48M | 284.87M | 290.55M | 267.79M | 262M | 284.75M | 268.74M | 289.88M | 323.75M |
| Asset Turnover | 0.46x | 0.42x | 0.40x | 0.41x | 0.39x | 0.42x | 0.42x | 0.40x | 0.38x | 0.40x | 0.39x | 0.36x | 0.33x | 0.38x | 0.37x | 0.34x | 0.35x | 0.45x | 0.46x | 0.44x |
| Asset Growth % | -13.84% | -10.08% | 9.04% | 6.87% | 4.74% | 2.92% | -2.79% | -0.34% | -5.67% | -5.54% | 2.23% | 4% | 0.04% | 8.12% | -7.62% | -19.08% | -12.08% | -9.45% | 15.15% | 37.29% |
| Total Current Liabilities | 67.96M | 75.67M | 58.23M | 62.63M | 58.51M | 62.01M | 53.49M | 50.87M | 53.33M | 60.41M | 53.74M | 48.59M | 46.83M | 55.1M | 53.78M | 45.7M | 56.89M | 64.63M | 71.14M | 71.03M |
| Accounts Payable | 36.09M | 36.24M | 23.89M | 28.86M | 28.67M | 25.62M | 22.11M | 20.71M | 24.85M | 25.83M | 21.66M | 19.82M | 21M | 24.75M | 25.58M | 17.64M | 21.04M | 32.15M | 39.27M | 38.09M |
| Days Payables Outstanding | 37.44 | 33.88 | 26.65 | 28.95 | 29.55 | 24.91 | 21.74 | 24.46 | 28.56 | 24.76 | 22.49 | 24.03 | 27.62 | 27.04 | 24.19 | 23.01 | 30.45 | 30.41 | 29.42 | 28.91 |
| Short-Term Debt | 8.54M | 8.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 31.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.8M | 3.57M | 3.57M | 3.57M |
| Current Ratio | 2.18x | 2.09x | 3.44x | 3.01x | 3.00x | 2.78x | 2.93x | 2.93x | 2.84x | 2.57x | 2.79x | 3.07x | 3.53x | 3.10x | 2.98x | 3.34x | 3.04x | 2.94x | 2.95x | 3.41x |
| Quick Ratio | 0.82x | 0.90x | 2.06x | 1.49x | 1.51x | 1.34x | 1.30x | 1.14x | 1.04x | 0.97x | 0.99x | 0.90x | 0.95x | 0.88x | 0.88x | 0.92x | 0.91x | 0.76x | 0.78x | 0.89x |
| Cash Conversion Cycle | 91.45 | 95.74 | 94.64 | 92.64 | 95.68 | 96.35 | 98.24 | 108.04 | 116.92 | 110.09 | 116.78 | 137.94 | 152.92 | 131.52 | 132.67 | 148.04 | 155.97 | 126.64 | 127.57 | 132.75 |
| Total Non-Current Liabilities | 42.5M | 44.85M | 46.64M | 48.69M | 50.78M | 52.61M | 54.52M | 58.76M | 60.69M | 63.69M | 74.77M | 80.35M | 96.67M | 93.82M | 81.21M | 84.21M | 96.78M | 72.55M | 78.14M | 97.66M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.58M | 4.82M | 14.18M | 17.9M | 33M | 28.27M | 17.73M | 19.17M | 30.03M | 37.74M | 41.59M | 59.73M |
| Capital Lease Obligations | 41.31M | 43.5M | 45.65M | 47.76M | 49.84M | 51.56M | 53.52M | 57.77M | 56.22M | 58.08M | 59.89M | 61.81M | 63.08M | 64.97M | 62.9M | 64.48M | 66.22M | 33.99M | 35.95M | 37.24M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.19M | 1.35M | 997K | 933K | 942K | 1.05M | 998K | 985K | 883K | 791K | 689K | 643K | 593K | 577K | 578K | 553K | 529K | 823K | 588K | 685K |
| Total Liabilities | 110.45M | 120.51M | 104.87M | 111.33M | 109.29M | 114.62M | 108.01M | 109.63M | 114.02M | 124.09M | 128.5M | 128.94M | 143.5M | 148.93M | 134.98M | 129.91M | 153.66M | 137.18M | 149.28M | 168.69M |
| Total Debt | 49.84M | 51.9M | 53.9M | 55.87M | 57.81M | 59.37M | 61.15M | 65.81M | 67.23M | 70.42M | 81.69M | 87.28M | 103.4M | 100.43M | 88.41M | 91.68M | 104.24M | 78.09M | 84.04M | 103.64M |
| Net Debt | 45.44M | 35.22M | -3.38M | 19.1M | 19.23M | 19.36M | 38.52M | 54.02M | 61.49M | 65.65M | 77.12M | 83.96M | 100.43M | 97.06M | 86M | 89.91M | 100.27M | 75.91M | 80.64M | 99.55M |
| Debt / Equity | 0.38x | 0.39x | 0.29x | 0.31x | 0.34x | 0.35x | 0.39x | 0.41x | 0.43x | 0.47x | 0.56x | 0.61x | 0.73x | 0.71x | 0.67x | 0.69x | 0.80x | 0.59x | 0.60x | 0.67x |
| Debt / EBITDA | 6.24x | 2.98x | 5.81x | 5.67x | 5.89x | 4.00x | - | 5.23x | 9.64x | 8.14x | 20.31x | 15.75x | 36.18x | 18.86x | 26.61x | 18.67x | 66.99x | 16.43x | 11.78x | - |
| Net Debt / EBITDA | 5.69x | 2.02x | -0.36x | 1.94x | 1.96x | 1.30x | - | 4.29x | 8.82x | 7.59x | 19.17x | 15.15x | 35.14x | 18.23x | 25.89x | 18.31x | 64.44x | 15.97x | 11.30x | - |
| Interest Coverage | 771.78x | 742.91x | - | - | - | - | - | 615.00x | 118.57x | 49.05x | 8.92x | 9.37x | 3.36x | 9.56x | 8.18x | 11.91x | 1.33x | 15.33x | 33.11x | -38.26x |
| Total Equity | 132.06M | 133.5M | 185.3M | 178.87M | 172.18M | 167.86M | 158.12M | 161.92M | 154.7M | 150.37M | 145.26M | 143.53M | 141.37M | 141.62M | 132.8M | 132.09M | 131.09M | 131.56M | 140.6M | 155.06M |
| Equity Growth % | -23.3% | -20.47% | 17.19% | 10.47% | 11.3% | 11.63% | 8.85% | 12.81% | 9.43% | 6.18% | 9.38% | 8.67% | 7.84% | 7.65% | -5.55% | -14.82% | -23.01% | -21.68% | -14.02% | -7.92% |
| Book Value per Share | 30.25 | 27.08 | 32.90 | 31.82 | 30.76 | 29.57 | 30.00 | 29.01 | 27.74 | 27.08 | 26.66 | 26.96 | 26.30 | 26.65 | 24.81 | 24.74 | 23.98 | 23.98 | 21.65 | 23.21 |
| Total Shareholders' Equity | 132.06M | 133.5M | 185.3M | 178.87M | 172.18M | 167.86M | 158.12M | 161.92M | 154.7M | 150.37M | 145.26M | 143.53M | 141.37M | 141.62M | 132.8M | 132.09M | 131.09M | 131.56M | 140.6M | 155.06M |
| Common Stock | 8.72M | 8.63M | 8.59M | 8.58M | 8.58M | 8.51M | 8.48M | 8.48M | 8.41M | 8.41M | 8.36M | 8.36M | 8.34M | 8.29M | 8.25M | 8.24M | 8.23M | 8.19M | 8.16M | 8.15M |
| Retained Earnings | 223.61M | 219.23M | 207.57M | 202.22M | 196.67M | 190.44M | 180.82M | 185.48M | 177.35M | 174.12M | 169.98M | 168.98M | 166.73M | 166.8M | 157.43M | 156.76M | 154.73M | 155.28M | 156.35M | 151.89M |
| Treasury Stock | -137.66M | -135.48M | -72.86M | -72.86M | -72.86M | -71.73M | -71.73M | -71.73M | -71.73M | -71.73M | -71.73M | -71.5M | -70.53M | -70.07M | -69.34M | -68.6M | -66.78M | -66.37M | -59.28M | -40.98M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |