Flexible Solutions International, Inc.

NYSE American FSI

Flexible Solutions International, Inc. Interest Coverage Ratio for the year ending December 31, 2023: 8.27

Flexible Solutions International, Inc. Interest Coverage Ratio is 8.27 for the year ending December 31, 2023, a -70.30% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Flexible Solutions International, Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 27.83, a -18.79% change year over year.
  • Flexible Solutions International, Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 34.27, a 63.83% change year over year.
  • Flexible Solutions International, Inc. Interest Coverage Ratio for the year ending December 31, 2020 was 20.91, a 226.63% change year over year.
  • Flexible Solutions International, Inc. Interest Coverage Ratio for the year ending December 31, 2019 was 6.40, a -44.88% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
NYSE American: FSI

Flexible Solutions International, Inc.

CEO Mr. Daniel B. O'Brien
IPO Date Oct. 12, 1999
Location Canada
Headquarters 6001 54th Avenue
Employees 46
Sector Materials
Industries
Description

Flexible Solutions International, Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers. The company offers thermal polyaspartates (TPAs) for oilfields to reduce scale and corrosion in various water systems; and for the agricultural industry to reduce fertilizer crystallization before, during, and after application, as well as to prevent crystal formation between fertilizer and minerals present in the soil. It also provides TPAs for irrigation to prevent early plugging of drip irrigation ports, reduce maintenance costs, and lengthen the life of equipment; and TPAs as additives for household laundry detergents, consumer care products, and pesticides. In addition, the company offers nitrogen conservation products for agriculture that slow down nitrogen loss from fields. Further, it provides HEATSAVR, a chemical product for use in swimming pools and spas that forms a thin and transparent layer on the water's surface; and WATERSAVR to reduce water evaporation in reservoirs, potable water storage tanks, livestock watering ponds, aqueducts, canals, and irrigation ditches, as well as for lawn and turf care, and potted and bedding plants. Flexible Solutions International, Inc. is headquartered in Taber, Canada.

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StockViz Staff

February 6, 2025

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