Flexible Solutions International
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Flexible Solutions International's balance sheet done over the years? Its assets were worth $55,471,055 last year, which is more than in the previous period. 31% of Flexible Solutions International’s total assets is currently financed by debt. Its liabilities reached the amount of $17,202,983, which means an increase by 5% compared compared to last year.
Debt to Assets
| 2014 | 14234854 | 2.86M | 20.11% |
|---|---|---|---|
| 2015 | 14142630 | 2.11M | 14.95% |
| 2016 | 15158487 | 2.69M | 17.78% |
| 2017 | 17773370 | 2.85M | 16.04% |
| 2018 | 31196115 | 11.67M | 37.42% |
| 2019 | 32380417 | 11.91M | 36.81% |
| 2020 | 35087388 | 11.31M | 32.26% |
| 2021 | 39551270 | 11.84M | 29.95% |
| 2022 | 51587192 | 16.34M | 31.69% |
| 2023 | 55471055 | 17.20M | 31.01% |
FSI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 5.01M | 6.11M | 5.71M | 3.47M | 3.63M | 7.85M | 6.91M | 2.47M | 2.49M | 747.51K |
Short term investments | 2.69M | 700K | 1.02M | 1M | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 9.84M | 9.44M | 7.12M | 5.88M | 4.47M | 4.42M | 2.10M | 3.00M | 1.95M | 2.32M |
Inventory | 11.13M | 14.41M | 9.50M | 8.37M | 9.18M | 8.72M | 4.68M | 3.78M | 3.27M | 3.46M |
Other current assets | 1.54M | 1.01M | 442.16K | 302.44K | 218.63K | 200.30K | 255.08K | 228.69K | 243.34K | 123.51K |
Total current assets | 30.22M | 30.99M | 23.80M | 19.03M | 17.50M | 21.20M | 13.95M | 9.49M | 7.97M | 6.66M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 13.28M | 9.87M | 5.14M | 5.62M | 4.79M | 2.56M | 1.93M | 3.39M | 3.79M | 4.76M |
Goodwill | 2.53M | 2.53M | 2.53M | 2.53M | 2.53M | 2.53M | 0 | 0 | 0 | 0 |
Intangible assets | 2.28M | 2.44M | 2.61M | 2.80M | 2.99M | 3.19M | 79.45K | 95.89K | 100.62K | 137.40K |
Long term investments | 6.03M | 5.45M | 5.42M | 4.77M | 1.91M | 776.35K | 13.41K | 122.48K | 0 | 0 |
Other non-current assets | 824.25K | 8.54K | 8.54K | 8.54K | 1.03M | 30.77K | 18.53K | 26.16K | 10.16K | 4.42K |
Total non-current assets | 25.24M | 20.59M | 15.74M | 16.04M | 14.87M | 9.98M | 3.81M | 5.66M | 6.17M | 7.57M |
Total assets | 55.47M | 51.58M | 39.55M | 35.08M | 32.38M | 31.19M | 17.77M | 15.15M | 14.14M | 14.23M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 148.29K | 387.76K | 349.00K | 314.27K | 213.22K | 127.16K | 208.60K | 95.30K | 40.45K | 44.59K |
Short term debt | 3.15M | 3.59M | 3.17M | 3.25M | 3.99M | 3.56M | 451.19K | 451.19K | 401.19K | 1.10M |
Total current liabilities | 10.05M | 10.30M | 9.82M | 7.89M | 6.79M | 6.10M | 2.70M | 2.34M | 1.56M | 2.10M |
| Non-current liabilities: | ||||||||||
Long term debt | 6.88M | 5.54M | 1.71M | 3.19M | 4.06M | 4.58M | 150.89K | 352.08K | 553.28K | 754.47K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -5.43M | -1.57M | 195.21K | 883.53K | 1M | 0 | 0 | 0 | 0 |
Total non-current liabilities | 7.14M | 6.04M | 2.02M | 3.42M | 5.12M | 5.56M | 150.89K | 352.08K | 553.28K | 754.47K |
Total liabilities | 17.20M | 16.34M | 11.84M | 11.31M | 11.91M | 11.67M | 2.85M | 2.69M | 2.11M | 2.86M |
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