Flexsteel Industries Stock

Flexsteel Industries Debt 2024

Flexsteel Industries Debt

0.06 USD

Ticker

FLXS

ISIN

US3393821034

WKN

915873

In 2024, Flexsteel Industries's total debt was 0.06 USD, a -99.83% change from the 35.5 USD total debt recorded in the previous year.

Flexsteel Industries Aktienanalyse

What does Flexsteel Industries do?

The translation is as follows: Flexsteel Industries Inc is an American furniture manufacturing company based in Dubuque, Iowa. The company's history dates back to 1893 when the Blue Ball Lounge Company, a small operation specializing in lounge production, was founded. In 1929, the company was renamed Flexsteel Industries Inc and began manufacturing furniture designed to be both durable and comfortable. Over the years, Flexsteel Industries Inc has become one of the most successful and well-known furniture manufacturers in the United States. The business model of Flexsteel Industries Inc involves producing high-quality and durable furniture that stands out for its excellent craftsmanship, ergonomics, and comfortable upholstery. The company manufactures furniture for both households and the commercial sector. The product range of Flexsteel Industries Inc includes a variety of furniture such as sofas, armchairs, tables, chairs, beds, cabinets, dressers, and much more. Additionally, the company also offers custom-made furniture to meet the individual needs and requirements of customers. Flexsteel Industries Inc is divided into three different divisions: residential furniture, commercial furniture, and marine furniture. The residential furniture division encompasses a wide range of sofas, armchairs, tables, and other furnishings for private customers. The commercial furniture division focuses on manufacturing furniture for offices, hotels, and restaurants. In the marine furniture division, the company produces furniture specifically designed to withstand extreme conditions at sea. Over the years, Flexsteel Industries Inc has received many awards, including the Leadership in Energy and Environmental Design (LEED) Award from the US Green Building Council for the environmental friendliness of its manufacturing facilities. Additionally, the company has built close collaborations with various architects and designers around the world to ensure that its products align with the latest trends and developments in the furniture industry. Overall, Flexsteel Industries Inc is a leading furniture manufacturer specializing in high-quality, durable, and comfortable furniture. With its different divisions and wide product range, the company is able to meet the individual needs and requirements of its customers while also providing technologically advanced solutions and environmental protection. The answer is: Flexsteel Industries Inc is an American furniture manufacturing company based in Dubuque, Iowa. The company was founded in 1893 and has since become one of the most successful and well-known furniture manufacturers in the United States. Flexsteel Industries Inc produces high-quality and durable furniture for both households and the commercial sector, with a wide product range including sofas, armchairs, tables, chairs, beds, cabinets, dressers, and more. The company also offers custom-made furniture to meet the specific needs and requirements of customers. Flexsteel Industries Inc is divided into three divisions: residential, commercial, and marine furniture. The company has received numerous awards for its environmental initiatives and collaborates with architects and designers worldwide to stay up to date with industry trends. Overall, Flexsteel Industries Inc prioritizes quality, durability, comfort, and environmentally friendly practices. Flexsteel Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Flexsteel Industries's Debt Structure

Flexsteel Industries's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Flexsteel Industries's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Flexsteel Industries’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Flexsteel Industries’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Flexsteel Industries stock

What is the debt of Flexsteel Industries this year?

Flexsteel Industries has a debt level of 0.06 USD this year.

What was the debt of Flexsteel Industries compared to the previous year?

The debt of Flexsteel Industries has increased by -99.83% compared to the previous year dropped.

What are the consequences of high debt for investors in Flexsteel Industries?

High debt can pose a risk for investors of Flexsteel Industries, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Flexsteel Industries?

Low debt means that Flexsteel Industries has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Flexsteel Industries affect the company?

An increase in debt of Flexsteel Industries can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Flexsteel Industries affect the company?

A reduction in debt of Flexsteel Industries can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Flexsteel Industries?

Some factors that can influence the debt of Flexsteel Industries include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Flexsteel Industries so important for investors?

The debts of Flexsteel Industries are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Flexsteel Industries take to change the debt?

To change the debt, Flexsteel Industries can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Flexsteel Industries pay?

Over the past 12 months, Flexsteel Industries paid a dividend of 0.47 USD . This corresponds to a dividend yield of about 0.84 %. For the coming 12 months, Flexsteel Industries is expected to pay a dividend of 0.47 USD.

What is the dividend yield of Flexsteel Industries?

The current dividend yield of Flexsteel Industries is 0.84 %.

When does Flexsteel Industries pay dividends?

Flexsteel Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Flexsteel Industries?

Flexsteel Industries paid dividends every year for the past 22 years.

What is the dividend of Flexsteel Industries?

For the upcoming 12 months, dividends amounting to 0.47 USD are expected. This corresponds to a dividend yield of 0.83 %.

In which sector is Flexsteel Industries located?

Flexsteel Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Flexsteel Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Flexsteel Industries from 10/7/2024 amounting to 0.17 USD, you needed to have the stock in your portfolio before the ex-date on 9/25/2024.

When did Flexsteel Industries pay the last dividend?

The last dividend was paid out on 10/7/2024.

What was the dividend of Flexsteel Industries in the year 2023?

In the year 2023, Flexsteel Industries distributed 0.6 USD as dividends.

In which currency does Flexsteel Industries pay out the dividend?

The dividends of Flexsteel Industries are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Flexsteel Industries

Our stock analysis for Flexsteel Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Flexsteel Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.