Flexible Solutions International Balance Sheet Health

Financial Health criteria checks 6/6

Flexible Solutions International has a total shareholder equity of $38.3M and total debt of $9.9M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are $55.5M and $17.2M respectively. Flexible Solutions International's EBIT is $3.7M making its interest coverage ratio 9.6. It has cash and short-term investments of $7.7M.

Key information

25.9%

Debt to equity ratio

US$9.93m

Debt

Interest coverage ratio	9.6x
Cash	US$7.71m
Equity	US$38.27m
Total liabilities	US$17.20m
Total assets	US$55.47m

Recent financial health updates

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

Apr 06

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

Jan 04

Recent updates

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

Apr 06

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

Mar 19

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

Mar 01

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

Feb 08

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

Jan 22

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

Jan 04

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

Dec 18

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

Dec 03

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

Nov 18

Financial Position Analysis

Short Term Liabilities: FSI's short term assets ($30.2M) exceed its short term liabilities ($10.1M).

Long Term Liabilities: FSI's short term assets ($30.2M) exceed its long term liabilities ($7.1M).

Debt to Equity History and Analysis

Debt Level: FSI's net debt to equity ratio (5.8%) is considered satisfactory.

Reducing Debt: FSI's debt to equity ratio has reduced from 41.7% to 25.9% over the past 5 years.

Debt Coverage: FSI's debt is well covered by operating cash flow (70.4%).

Interest Coverage: FSI's interest payments on its debt are well covered by EBIT (9.6x coverage).

Flexible Solutions International Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

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

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

Recent updates

Flexible Solutions International, Inc. to Report Q1, 2024 Results on May 15, 2024

Investor sentiment improves as stock rises 20%

Flexible Solutions International, Inc. Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$0.22 (vs US$0.57 in FY 2022)

Flexible Solutions International, Inc. to Report Q4, 2023 Results on Mar 29, 2024

Investor sentiment improves as stock rises 16%

President recently sold US$148k worth of stock

New minor risk - Share price stability

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 66%

Flexible Solutions International, Inc., Annual General Meeting, Dec 06, 2023

President notifies of intention to sell stock

Flexible Solutions International, Inc. to Report Q3, 2023 Results on Nov 14, 2023

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates fall by 13%

Flexible Solutions International, Inc. Provides Revenue Guidance for the Year 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

President recently sold US$100k worth of stock

Flexible Solutions International, Inc. to Report Q2, 2023 Results on Aug 14, 2023

President notifies of intention to sell stock

First quarter 2023 earnings: EPS in line with expectations, revenues disappoint

President recently sold US$73k worth of stock

Upcoming dividend of US$0.05 per share

Consensus EPS estimates fall by 28%

President recently sold US$59k worth of stock

President notifies of intention to sell stock

Investor sentiment improved over the past week

Flexible Solutions International, Inc. to Report Fiscal Year 2022 Results on Mar 31, 2023

Insufficient new directors

Flexible Solutions International, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022 and Year of 2023

Flexible Solutions International, Inc., Annual General Meeting, Nov 18, 2022

Flexible Solutions International, Inc. to Report Q3, 2022 Results on Nov 14, 2022

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Flexible Solutions International, Inc. to Report Q2, 2022 Results on Aug 15, 2022

Investor sentiment improved over the past week

Consensus EPS estimates increase by 52%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Now 26% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Price target increased to US$5.50

Insufficient new directors

Flexible Solutions International Inc. to Report Q1, 2022 Results on May 16, 2022

Lygos, Inc. entered into an Agreement and Plan of Merger and Reorganization to acquire Flexible Solutions International Inc. (NYSEAM:FSI) from Daniel O’Brien and others in a reverse merger transaction for $85.6 million.

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment deteriorated over the past week

Price target increased to US$4.50

Third quarter 2021 earnings released: EPS US$0.094 (vs US$0.048 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS US$0.096 (vs US$0.093 in 2Q 2020)

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS US$0.12 (vs US$0.10 in 1Q 2020)

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

Full year 2020 earnings released: EPS US$0.24 (vs US$0.16 in FY 2019)

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

Investor sentiment improved over the past week

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

Investor sentiment improved over the past week

New 90-day high: US$4.33

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?

Investor sentiment improved over the past week

New 90-day high: US$3.50

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

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?

Market pulls back on stock over the past week

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

Third quarter 2020 earnings released: EPS US$0.048

Revenue beats expectations, earnings disappoint

Flexible Solutions International Inc. to Report Q3, 2020 Results on Nov 13, 2020