Report

Flex Ltd.: Update to Discussion of Key Credit Factors

Despite investments in new program ramps and the delay in reaching breakeven profitability for the Nike partnership, Flex’s scale and diversification support revenue and cash flow growth.
Underlying
FleXos S.A.

Flexos SA.. The Company's principal activity is to undertake activities in the field of computing solutions and security. The Company undertakes selling hardware and software, installation and maintenance of networks, providing different IT services. The Company also provides security to cope with new threats, by providing anti-virus solutions for networks and personal computers, provides firewall facilities for networks and distant access. The Company operates in its domestic market.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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