What is Flex Ltd net worth?
Flex Ltd. is a large and successful company with a market capitalization of $12.56 billion as of August 16, 2024. This figure, often referred to as net worth, represents the total value of the company in the market.
It’s important to understand that market capitalization is calculated by multiplying the company’s current share price by the number of outstanding shares. This number can fluctuate daily based on various factors, including investor confidence, market conditions, and company performance. A higher market capitalization generally indicates a larger and more valuable company, although it’s not the only factor to consider when evaluating a company’s overall health. Other key factors include revenue, profitability, debt levels, and future growth prospects.
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