What is Flexible Solutions International Financial Strength?
Flexible Solutions International has the Financial Strength Rank of 7.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Flexible Solutions International's Interest Coverage for the quarter that ended in Dec. 2023 was 9.57.
Flexible Solutions International's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.27.
As of today, Flexible Solutions International's Altman Z-Score is 2.78.
Competitive Comparison of Flexible Solutions International's Financial Strength
For the Specialty Chemicals subindustry, Flexible Solutions International's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flexible Solutions International's Financial Strength Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Flexible Solutions International's Financial Strength distribution charts can be found below:
* The bar in red indicates where Flexible Solutions International's Financial Strength falls into.
Flexible Solutions International Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Flexible Solutions International's Interest Expense for the
months ended in Dec. 2023 was $-0.13 Mil. Its Operating Income for the
months ended in Dec. 2023 was $1.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.89 Mil.
Flexible Solutions International's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Flexible Solutions International's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Flexible Solutions International has a Z-score of 2.78, indicating it is in Grey Zones. This implies that Flexible Solutions International is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.78 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Flexible Solutions International (Flexible Solutions International) Business Description
Traded in Other Exchanges
N/A
Address
6001 54 Avenue, Taber, AB, CAN, T1G 1X4
Flexible Solutions International Inc develops, manufactures, and markets specialty chemicals that slow the evaporation of water. Its business is organized into two segments Energy and Water Conservation Products, and Biodegradable Polymers. It primarily offers a liquid swimming pool blanket under the WATERSAVR brand, which saves energy and water by inhibiting evaporation from the pool surface, a chemical product called HEATSAVR, for use in swimming pools and spas to slow the water evaporation. The firm also manufactures and markets water-soluble chemicals utilizing thermal polyaspartate biopolymers. It generates most of its revenues from the export of its products to international markets.
Executives
| O Brien Daniel B |
director, 10 percent owner, officer: President/CEO |
2614 QUEENSWOOD DR, VICTORIA B C, V8N 1X6 A1 V6C 3L6 |
| Thomas Murray Fyles |
director |
3478 CARDIFF PLACE, VICTORIA A1 V8P 4Z1 |
| Robert T Helina |
director |
P.O. BOX 670, (345) 323-7888, GEORGETOWN E9 KY1-1107 |
| John H Bientjes |
director |
1-230 W 13TH ST, N VANCOUVER B C, V8N 1X5 |
| Eric Glen Hodges |
director |
204 GOVERNMENT STREET, VICTORIA A1 V8V 2K9 |
| Fred J Kupel |
officer: Chief Financial Officer |
3735 SE OGDEN STREET, PORTLAND OR 97202 |
| O Brien Dr Robert N |
director, 10 percent owner |
2614 QUEENSWOOD DR, VICTORIA B C, V8N 1X6 |
| Dale Friend |
director |
|
Flexible Solutions International (Flexible Solutions International) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FSI has been successfully added to your