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FSI (Flexible Solutions International) EBIT : $6.12 Mil (TTM As of Sep. 2024)


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What is Flexible Solutions International EBIT?

Flexible Solutions International's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $1.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $6.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flexible Solutions International's annualized ROC % for the quarter that ended in Sep. 2024 was 15.31%. Flexible Solutions International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 24.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Flexible Solutions International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.00%.


Flexible Solutions International EBIT Historical Data

The historical data trend for Flexible Solutions International's EBIT can be seen below:

* 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.

* Premium members only.

Flexible Solutions International EBIT Chart

Flexible Solutions International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 5.45 6.85 8.15 4.12

Flexible Solutions International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 1.42 0.96 2.15 1.59

Competitive Comparison of Flexible Solutions International's EBIT

For the Specialty Chemicals subindustry, Flexible Solutions International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Flexible Solutions International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Flexible Solutions International's EV-to-EBIT falls into.



Flexible Solutions International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.12 Mil.

* 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  (AMEX:FSI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Flexible Solutions International's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=7.788 * ( 1 - 25.21% )/( (39.081 + 37.007)/ 2 )
=5.8246452/38.044
=15.31 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Flexible Solutions International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.372/( ( (13.977 + max(11.579, 0)) + (14.741 + max(11.436, 0)) )/ 2 )
=6.372/( ( 25.556 + 26.177 )/ 2 )
=6.372/25.8665
=24.63 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.793 + 10.334 + 0.587) - (8.055 + 0.08 + 0)
=11.579

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.071 + 9.72 + 1.525) - (7.831 + 0.049 + 0)
=11.436

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Flexible Solutions International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=6.12/43.701
=14.00 %

* 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 EBIT Related Terms

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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 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