Dollar Amounts
USD (Millions)
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Assets | N/A | $3,323 | $3,313 | $3,427 | $3,400 |
| Liabilities | N/A | $1,950 | $1,870 | $2,075 | $1,990 |
| Equity | N/A | $1,373 | $1,443 | $1,352 | $1,410 |
Balance sheet data in USD (millions)
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Edwyn
Over the 5-year period from 2020 to 2024, Flowers Foods, Inc. has shown a stable financial position with consistent growth in total assets. The company's total assets have remained fairly steady, ranging from $3,312 million in 2022 to $3,426 million in 2023, indicating a slight uptrend. However, in 2024, there was a slight dip in total assets to $3,400 million. This could be attributed to various factors such as changes in market conditions or strategic decisions made by the company. In terms of liabilities and equity, Flowers Foods, Inc. has managed its financial obligations well. Total liabilities have shown fluctuations, with a peak in 2023 at $2,075 million, possibly due to increased borrowing or other financial commitments. Stockholders' equity has also fluctuated over the years but has generally trended upwards, reflecting the company's ability to generate value for its shareholders. These fluctuations in liabilities and equity suggest that the company is actively managing its capital structure to support growth initiatives while maintaining financial stability. In the context of the food industry, these financial trends indicate Flowers Foods, Inc.'s resilience and strategic financial management in a competitive market environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.