Flexible Solutions International, Inc.

NYSEAM:FSI Stock Report

Market Cap: US$44.2m

Flexible Solutions International Balance Sheet Health

Financial Health criteria checks 6/6

Flexible Solutions International has a total shareholder equity of $40.3M and total debt of $9.4M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are $57.8M and $17.5M respectively. Flexible Solutions International's EBIT is $6.2M making its interest coverage ratio 15.5. It has cash and short-term investments of $13.0M.

Key information

23.2%

Debt to equity ratio

US$9.36m

Debt

Interest coverage ratio15.5x
CashUS$12.99m
EquityUS$40.33m
Total liabilitiesUS$17.50m
Total assetsUS$57.83m

Recent financial health updates

Recent updates

Flexible Solutions International (NYSEMKT:FSI) Has A Pretty Healthy Balance Sheet

Apr 06
Flexible Solutions International (NYSEMKT:FSI) Has A Pretty Healthy Balance Sheet

Shareholders of Flexible Solutions International (NYSEMKT:FSI) Must Be Delighted With Their 377% Total Return

Mar 19
Shareholders of Flexible Solutions International (NYSEMKT:FSI) Must Be Delighted With Their 377% Total Return

Should We Be Excited About The Trends Of Returns At Flexible Solutions International (NYSEMKT:FSI)?

Mar 01
Should We Be Excited About The Trends Of Returns At Flexible Solutions International (NYSEMKT:FSI)?

Is It Too Late To Consider Buying Flexible Solutions International Inc. (NYSEMKT:FSI)?

Feb 08
Is It Too Late To Consider Buying Flexible Solutions International Inc. (NYSEMKT:FSI)?

Are Flexible Solutions International's (NYSEMKT:FSI) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jan 22
Are Flexible Solutions International's (NYSEMKT:FSI) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Is Flexible Solutions International (NYSEMKT:FSI) Using Too Much Debt?

Jan 04
Is Flexible Solutions International (NYSEMKT:FSI) Using Too Much Debt?

How Much Does Flexible Solutions International's (NYSEMKT:FSI) CEO Make?

Dec 18
How Much Does Flexible Solutions International's (NYSEMKT:FSI) CEO Make?

Are Flexible Solutions International Inc.'s (NYSEMKT:FSI) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Dec 03
Are Flexible Solutions International Inc.'s (NYSEMKT:FSI) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Should We Be Excited About The Trends Of Returns At Flexible Solutions International (NYSEMKT:FSI)?

Nov 18
Should We Be Excited About The Trends Of Returns At Flexible Solutions International (NYSEMKT:FSI)?

Financial Position Analysis

Short Term Liabilities: FSI's short term assets ($32.3M) exceed its short term liabilities ($10.2M).

Long Term Liabilities: FSI's short term assets ($32.3M) exceed its long term liabilities ($7.3M).


Debt to Equity History and Analysis

Debt Level: FSI has more cash than its total debt.

Reducing Debt: FSI's debt to equity ratio has reduced from 32.9% to 23.2% over the past 5 years.

Debt Coverage: FSI's debt is well covered by operating cash flow (65.6%).

Interest Coverage: FSI's interest payments on its debt are well covered by EBIT (15.5x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:52
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Flexible Solutions International, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William GregozeskiGreenridge Global LLC
Gunnar HansenSidoti & Company, LLC
John NobileTaglich Brothers, Inc.