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Flexible Solutions International (Flexible Solutions International) Equity-to-Asset : 0.63 (As of Mar. 2024)


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What is Flexible Solutions International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flexible Solutions International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $35.97 Mil. Flexible Solutions International's Total Assets for the quarter that ended in Mar. 2024 was $57.58 Mil. Therefore, Flexible Solutions International's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.

The historical rank and industry rank for Flexible Solutions International's Equity-to-Asset or its related term are showing as below:

FSI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.65   Max: 0.89
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Flexible Solutions International was 0.89. The lowest was 0.51. And the median was 0.65.

FSI's Equity-to-Asset is ranked better than
57.47% of 1566 companies
in the Chemicals industry
Industry Median: 0.59 vs FSI: 0.63

Flexible Solutions International Equity-to-Asset Historical Data

The historical data trend for Flexible Solutions International's Equity-to-Asset 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 Equity-to-Asset Chart

Flexible Solutions International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.60 0.64 0.63 0.64

Flexible Solutions International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.63 0.65 0.64 0.64 0.63

Competitive Comparison of Flexible Solutions International's Equity-to-Asset

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

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

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



Flexible Solutions International Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Flexible Solutions International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=35.202/55.471
=0.63

Flexible Solutions International's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=35.966/57.576
=0.62

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Flexible Solutions International Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Flexible Solutions International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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