Flexible Solutions International, Inc. (FSI)

FSI Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	10.62	5.02	6.12	5.71	3.47	3.63
Short-Term Investments	2.37	2.69	0.7	1.03	1	-
Cash & Short-Term Investments	12.99	7.71	6.82	6.74	4.47	3.63
Cash Growth	30.50%	13.10%	1.18%	50.59%	23.06%	-53.75%
Accounts Receivable	8.07	9.84	9.45	7.13	5.89	4.47
Receivables	8.07	9.84	9.45	7.13	5.89	4.47
Inventory	9.72	11.13	14.42	9.5	8.37	9.18
Prepaid Expenses	1.52	1.54	0.31	0.44	0.3	0.22
Total Current Assets	32.31	30.23	30.99	23.81	19.04	17.51
Property, Plant & Equipment	14.74	13.29	9.88	5.15	5.63	4.79
Long-Term Investments	3.55	6.03	5.46	5.42	4.78	1.92
Goodwill	2.53	2.53	2.53	2.53	2.53	2.53
Other Intangible Assets	2.16	2.28	2.44	2.61	2.81	3
Long-Term Deferred Tax Assets	0.28	0.28	0.27	0.01	0.3	1.6
Other Long-Term Assets	2.25	0.82	0.01	0.01	0.01	1.03
Total Assets	57.83	55.47	51.59	39.55	35.09	32.38
Accounts Payable	0.91	1.98	0.87	1.28	0.56	0.64
Accrued Expenses	1.25	0.28	0.96	0.46	1.23	0.18
Short-Term Debt	-	1.81	2.82	2.3	2.12	2.39
Current Portion of Long-Term Debt	2.31	1.28	0.72	0.79	0.85	1.2
Current Portion of Leases	-	0.06	0.06	0.08	0.29	0.41
Current Income Taxes Payable	5.68	4.49	4.49	4.56	2.54	1.77
Current Unearned Revenue	0.05	0.15	0.39	0.35	0.31	0.21
Total Current Liabilities	10.19	10.05	10.3	9.82	7.89	6.79
Long-Term Debt	7.05	6.83	5.44	1.57	3	3.68
Long-Term Leases	-	0.06	0.11	0.14	0.2	0.38
Long-Term Deferred Tax Liabilities	0.26	0.26	0.5	0.31	0.23	1.06
Total Liabilities	17.5	17.2	16.35	11.85	11.32	11.92
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	18.47	17.93	17.52	16.98	16.63	16.44
Retained Earnings	19.16	18.05	15.9	8.88	5.43	2.46
Comprehensive Income & Other	-0.69	-0.8	-0.81	-0.78	-0.87	-0.99
Total Common Equity	36.95	35.2	32.63	25.1	21.21	17.91
Minority Interest	3.38	3.07	2.61	2.6	2.56	2.55
Shareholders' Equity	40.33	38.27	35.24	27.71	23.77	20.46
Total Liabilities & Equity	57.83	55.47	51.59	39.55	35.09	32.38
Total Debt	9.36	10.04	9.14	4.88	6.45	8.06
Net Cash (Debt)	3.63	-2.33	-2.32	1.85	-1.97	-4.42
Net Cash Growth	84.71%	-	-	-	-	-
Net Cash Per Share	0.29	-0.19	-0.19	0.15	-0.16	-0.37
Filing Date Shares Outstanding	12.46	12.45	12.44	12.38	12.31	12.24
Total Common Shares Outstanding	12.45	12.44	12.43	12.36	12.26	12.22
Working Capital	22.12	20.17	20.69	13.99	11.15	10.71
Book Value Per Share	2.97	2.83	2.63	2.03	1.73	1.47
Tangible Book Value	32.25	30.39	27.66	19.95	15.87	12.38
Tangible Book Value Per Share	2.59	2.44	2.23	1.62	1.29	1.01
Land	0.44	0.44	0.38	0.23	0.45	0.36
Buildings	12.8	12.34	8.78	4.82	4.8	3.61
Machinery	12.75	10.39	9.05	7.28	6.54	6
Leasehold Improvements	0.01	0.09	0.09	0.09	0.09	0.09

Source: S&P Capital IQ. Standard template. Financial Sources.