Flexsteel Industries Inc

NASDAQ FLXS

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Flexsteel Industries Inc Cash Interest Coverage Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: -4.34%

Flexsteel Industries Inc Cash Interest Coverage Ratio 1 year YoY Change (%) is -4.34% for the quarter ending March 31, 2024, a 95.15% change year over year. The cash interest coverage ratio measures a company's ability to cover its interest expenses with its operating cash flow. It is calculated by dividing operating cash flow by interest expense. This ratio indicates the company's capacity to generate sufficient cash flow to meet its interest obligations. A higher ratio signifies better coverage and financial stability. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Flexsteel Industries Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2023 was 22.38, a -89.38% change year over year.
  • Flexsteel Industries Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2022 was 210.73.
  • Flexsteel Industries Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2020 was 819.31, a 30,936.88% change year over year.
NASDAQ: FLXS

Flexsteel Industries Inc

CEO Mr. Jerald K. Dittmer
IPO Date Feb. 25, 1992
Location United States
Headquarters 385 Bell Street, Dubuque, IA, United States, 52001-0877
Employees 1,700
Sector Consumer Cyclical
Industry Furnishings, fixtures & appliances
Description

Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and markets of upholstered furniture for residential and contract markets in the United States. It provides upholstered furniture, such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture. The company distributes its products through e-commerce channels and dealer sales force. It also engages in export related activities. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa.

StockViz Staff

September 20, 2024

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