Flexible Solutions International Inc (FSI) - Net Assets
Based on the latest financial reports, Flexible Solutions International Inc (FSI) has net assets worth $42.83 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.83 Million) and total liabilities ($19.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Flexible Solutions International Inc (FSI) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $42.83 Million |
| % of Total Assets | 69.27% |
| Annual Growth Rate | 21.76% |
| 5-Year Change | 54.6% |
| 10-Year Change | 243.65% |
| Growth Volatility | 203.85 |
Flexible Solutions International Inc - Net Assets Trend (1999–2025)
This chart illustrates how Flexible Solutions International Inc's net assets have evolved over time, based on quarterly financial data. See Flexible Solutions International Inc (FSI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Flexible Solutions International Inc (1999–2025)
The table below shows the annual net assets of Flexible Solutions International Inc from 1999 to 2025. For live valuation and market cap data, see FSI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $42.83 Million | +3.55% |
| 2024-12-31 | $41.37 Million | +8.10% |
| 2023-12-31 | $38.27 Million | +8.60% |
| 2022-12-31 | $35.24 Million | +27.19% |
| 2021-12-31 | $27.71 Million | +16.56% |
| 2020-12-31 | $23.77 Million | +16.16% |
| 2019-12-31 | $20.46 Million | +4.81% |
| 2018-12-31 | $19.52 Million | +30.82% |
| 2017-12-31 | $14.92 Million | +19.72% |
| 2016-12-31 | $12.46 Million | +3.62% |
| 2015-12-31 | $12.03 Million | +5.77% |
| 2014-12-31 | $11.37 Million | -0.89% |
| 2013-12-31 | $11.47 Million | +17.45% |
| 2012-12-31 | $9.77 Million | -7.96% |
| 2011-12-31 | $10.61 Million | -5.93% |
| 2010-12-31 | $11.28 Million | +1.94% |
| 2009-12-31 | $11.07 Million | +0.27% |
| 2008-12-31 | $11.04 Million | +1.17% |
| 2007-12-31 | $10.91 Million | +35.67% |
| 2006-12-31 | $8.04 Million | -2.88% |
| 2005-12-31 | $8.28 Million | +52.77% |
| 2004-12-31 | $5.42 Million | -12.91% |
| 2003-12-31 | $6.22 Million | +0.36% |
| 2002-12-31 | $6.20 Million | +1068.77% |
| 2001-12-31 | $530.61K | +37.33% |
| 2000-12-31 | $386.37K | +50.98% |
| 1999-12-31 | $255.92K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flexible Solutions International Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 25207.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $19.35 Million | 49.73% |
| Common Stock | $25.45K | 0.07% |
| Other Comprehensive Income | $-347.89K | -0.89% |
| Other Components | $19.88 Million | 51.10% |
| Total Equity | $38.91 Million | 100.00% |
Flexible Solutions International Inc Competitors by Market Cap
The table below lists competitors of Flexible Solutions International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gateway Mining Ltd
AU:GML
|
$78.89 Million |
|
Thac Ba Hydropower JSC
VN:TBC
|
$78.89 Million |
|
Nanoform Finland Plc
HE:NANOFH
|
$78.90 Million |
|
Tah Kong Chemical Industrial
TWO:4706
|
$78.93 Million |
|
EN Shoham Business Ltd
TA:SHOM
|
$78.83 Million |
|
Gemfields Group Ltd
JSE:GML
|
$78.81 Million |
|
Forsys Metals Corp.
TO:FSY
|
$78.78 Million |
|
Gabriel Holding
CO:GABR
|
$78.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flexible Solutions International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,031,972 to 38,909,439, a change of 877,467 (2.3%).
- Net income of 786,894 contributed positively to equity growth.
- Dividend payments of 1,274,753 reduced retained earnings.
- New share issuances of 550,960 increased equity.
- Other comprehensive income increased equity by 259,099.
- Other factors increased equity by 555,267.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $786.89K | +2.02% |
| Dividends Paid | $1.27 Million | -3.28% |
| Share Issuances | $550.96K | +1.42% |
| Other Comprehensive Income | $259.10K | +0.67% |
| Other Changes | $555.27K | +1.43% |
| Total Change | $- | 2.31% |
Book Value vs Market Value Analysis
This analysis compares Flexible Solutions International Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 235.14x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.03 | $6.59 | x |
| 2000-12-31 | $0.04 | $6.59 | x |
| 2001-12-31 | $0.06 | $6.59 | x |
| 2002-12-31 | $0.59 | $6.59 | x |
| 2003-12-31 | $0.43 | $6.59 | x |
| 2004-12-31 | $0.46 | $6.59 | x |
| 2005-12-31 | $0.66 | $6.59 | x |
| 2006-12-31 | $0.62 | $6.59 | x |
| 2007-12-31 | $0.79 | $6.59 | x |
| 2008-12-31 | $0.79 | $6.59 | x |
| 2009-12-31 | $0.79 | $6.59 | x |
| 2010-12-31 | $0.81 | $6.59 | x |
| 2011-12-31 | $0.79 | $6.59 | x |
| 2012-12-31 | $0.74 | $6.59 | x |
| 2013-12-31 | $0.87 | $6.59 | x |
| 2014-12-31 | $0.86 | $6.59 | x |
| 2015-12-31 | $0.90 | $6.59 | x |
| 2016-12-31 | $1.07 | $6.59 | x |
| 2017-12-31 | $1.27 | $6.59 | x |
| 2018-12-31 | $1.44 | $6.59 | x |
| 2019-12-31 | $1.48 | $6.59 | x |
| 2020-12-31 | $1.72 | $6.59 | x |
| 2021-12-31 | $2.01 | $6.59 | x |
| 2022-12-31 | $2.62 | $6.59 | x |
| 2023-12-31 | $2.82 | $6.59 | x |
| 2024-12-31 | $3.00 | $6.59 | x |
| 2025-12-31 | $2.86 | $6.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flexible Solutions International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.04%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.59x
- Recent ROE (2.02%) is below the historical average (3.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 40.19% | 13.55% | 2.11x | 1.40x | $77.26K |
| 2000 | 35.97% | 13.50% | 2.10x | 1.27x | $100.33K |
| 2001 | -44.09% | -17.53% | 2.34x | 1.07x | $-287.02K |
| 2002 | -49.70% | -277.15% | 0.18x | 1.01x | $-3.70 Million |
| 2003 | 32.19% | 86.31% | 0.36x | 1.03x | $1.38 Million |
| 2004 | -23.20% | -37.06% | 0.38x | 1.63x | $-1.80 Million |
| 2005 | -14.21% | -17.54% | 0.75x | 1.08x | $-2.00 Million |
| 2006 | -14.48% | -13.91% | 0.99x | 1.06x | $-1.97 Million |
| 2007 | -8.46% | -12.42% | 0.62x | 1.09x | $-2.01 Million |
| 2008 | 3.67% | 3.76% | 0.81x | 1.21x | $-699.17K |
| 2009 | -6.72% | -7.60% | 0.69x | 1.29x | $-1.85 Million |
| 2010 | -1.68% | -1.65% | 0.77x | 1.33x | $-1.32 Million |
| 2011 | 1.72% | 1.18% | 1.07x | 1.37x | $-878.31K |
| 2012 | -11.10% | -6.61% | 1.19x | 1.41x | $-2.06 Million |
| 2013 | 15.88% | 11.53% | 1.09x | 1.26x | $674.30K |
| 2014 | 3.55% | 2.54% | 1.12x | 1.25x | $-733.81K |
| 2015 | 12.51% | 9.46% | 1.12x | 1.18x | $301.88K |
| 2016 | 14.39% | 11.04% | 1.07x | 1.22x | $546.93K |
| 2017 | 11.76% | 11.33% | 0.87x | 1.19x | $262.54K |
| 2018 | 14.60% | 13.97% | 0.57x | 1.83x | $784.34K |
| 2019 | 10.68% | 6.97% | 0.85x | 1.81x | $121.27K |
| 2020 | 14.04% | 9.48% | 0.90x | 1.65x | $856.40K |
| 2021 | 13.74% | 10.02% | 0.87x | 1.58x | $938.90K |
| 2022 | 21.52% | 15.32% | 0.89x | 1.58x | $3.76 Million |
| 2023 | 7.89% | 7.24% | 0.69x | 1.58x | $-744.37K |
| 2024 | 7.99% | 7.95% | 0.64x | 1.58x | $-764.67K |
| 2025 | 2.02% | 2.04% | 0.62x | 1.59x | $-3.10 Million |
Industry Comparison
This section compares Flexible Solutions International Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $933,534,060
- Average return on equity (ROE) among peers: 10.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flexible Solutions International Inc (FSI) | $42.83 Million | 40.19% | 0.44x | $78.85 Million |
| Albemarle Corp (ALB) | $622.60 Million | 12.56% | 0.93x | $18.76 Billion |
| Alto Ingredients Inc (ALTO) | $4.47 Million | 26.15% | 0.13x | $212.84 Million |
| Aemetis Inc (AMTX) | $-9.45 Million | 0.00% | 0.00x | $136.51 Million |
| Air Products and Chemicals Inc (APD) | $3.64 Billion | 14.42% | 1.33x | $62.29 Billion |
| Ashland Global Holdings Inc (ASH) | $3.41 Billion | 3.35% | 1.42x | $2.95 Billion |
| Avient Corp (AVNT) | $340.40 Million | 30.76% | 2.42x | $3.38 Billion |
| Axalta Coating Systems Ltd (AXTA) | $1.26 Billion | 3.09% | 3.66x | $6.23 Billion |
| Balchem Corporation (BCPC) | $9.40 Million | 20.21% | 0.61x | $5.17 Billion |
| BioNexus Gene Lab Corp Common stock (BGLC) | $1.52 Million | 1.74% | 0.09x | $5.91 Million |
| Bon Natural Life Ltd (BON) | $58.00 Million | -3.44% | 0.47x | $7.43 Million |
About Flexible Solutions International Inc
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. It offers thermal polyaspartates (TPAs) for oilfields to reduce scale and corro… Read more