Flexible Gross Profit vs Non Recurring Analysis

FSI Stock  USD 4.15  0.10  2.47%   
Flexible Solutions financial indicator trend analysis is much more than just examining Flexible Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flexible Solutions is a good investment. Please check the relationship between Flexible Solutions Gross Profit and its Non Recurring accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Gross Profit vs Non Recurring

Gross Profit vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flexible Solutions Gross Profit account and Non Recurring. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Flexible Solutions' Gross Profit and Non Recurring is 0.45. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Flexible Solutions International, assuming nothing else is changed. The correlation between historical values of Flexible Solutions' Gross Profit and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Flexible Solutions International are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Gross Profit i.e., Flexible Solutions' Gross Profit and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Flexible Solutions International minus its cost of goods sold. It is profit before Flexible Solutions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Non Recurring

Most indicators from Flexible Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flexible Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The current Selling General Administrative is estimated to decrease to about 4.2 M. The Flexible Solutions' current Tax Provision is estimated to increase to about (126.1 K)
 2021 2022 2023 2024 (projected)
Gross Profit11.4M13.9M6.5M5.3M
Total Revenue34.4M45.8M38.3M40.2M

Flexible Solutions fundamental ratios Correlations

0.930.970.990.760.550.930.790.560.970.830.990.310.960.780.470.980.980.320.450.860.730.590.210.880.54
0.930.960.920.630.410.940.660.560.880.790.950.130.910.680.330.910.930.130.240.80.620.420.290.780.57
0.970.960.940.670.520.90.70.590.930.810.970.230.970.680.440.970.970.240.340.790.640.520.220.870.64
0.990.920.940.790.480.920.830.540.960.820.980.370.930.810.520.940.970.380.510.890.770.550.140.80.41
0.760.630.670.790.730.660.710.010.870.390.790.60.630.80.460.710.650.610.750.940.990.540.10.650.16
0.550.410.520.480.730.430.29-0.240.710.050.560.340.480.480.190.620.40.380.480.610.710.610.290.730.54
0.930.940.90.920.660.430.740.540.870.820.940.010.880.80.160.90.930.020.190.830.610.550.490.840.56
0.790.660.70.830.710.290.740.430.770.750.790.410.650.910.440.710.780.40.580.810.650.560.140.570.08
0.560.560.590.540.01-0.240.540.430.350.880.5-0.110.670.220.360.560.7-0.12-0.060.20.00.1-0.060.430.38
0.970.880.930.960.870.710.870.770.350.680.970.420.890.820.480.950.90.430.570.910.840.650.210.870.51
0.830.790.810.820.390.050.820.750.880.680.790.050.830.630.350.80.910.040.160.570.340.380.170.680.41
0.990.950.970.980.790.560.940.790.50.970.790.290.940.790.430.960.960.30.430.90.770.540.240.850.51
0.310.130.230.370.60.340.010.41-0.110.420.050.290.230.290.790.230.211.00.930.430.650.11-0.610.08-0.32
0.960.910.970.930.630.480.880.650.670.890.830.940.230.60.490.970.970.250.320.740.610.50.120.870.62
0.780.680.680.810.80.480.80.910.220.820.630.790.290.60.220.720.730.290.520.860.730.70.410.660.18
0.470.330.440.520.460.190.160.440.360.480.350.430.790.490.220.410.450.790.780.360.50.13-0.730.19-0.09
0.980.910.970.940.710.620.90.710.560.950.80.960.230.970.720.410.960.250.370.80.680.610.270.950.67
0.980.930.970.970.650.40.930.780.70.90.910.960.210.970.730.450.960.220.340.790.620.520.190.850.54
0.320.130.240.380.610.380.020.4-0.120.430.040.31.00.250.290.790.250.220.930.430.650.15-0.590.11-0.28
0.450.240.340.510.750.480.190.58-0.060.570.160.430.930.320.520.780.370.340.930.590.760.33-0.420.25-0.2
0.860.80.790.890.940.610.830.810.20.910.570.90.430.740.860.360.80.790.430.590.920.540.260.720.28
0.730.620.640.770.990.710.610.650.00.840.340.770.650.610.730.50.680.620.650.760.920.440.020.60.13
0.590.420.520.550.540.610.550.560.10.650.380.540.110.50.70.130.610.520.150.330.540.440.390.670.39
0.210.290.220.140.10.290.490.14-0.060.210.170.24-0.610.120.41-0.730.270.19-0.59-0.420.260.020.390.450.52
0.880.780.870.80.650.730.840.570.430.870.680.850.080.870.660.190.950.850.110.250.720.60.670.450.78
0.540.570.640.410.160.540.560.080.380.510.410.51-0.320.620.18-0.090.670.54-0.28-0.20.280.130.390.520.78
Click cells to compare fundamentals

Flexible Solutions Account Relationship Matchups

Flexible Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.4M35.1M39.6M51.6M55.5M58.2M
Other Current Liab2.0M3.8M5.0M5.4M4.8M5.0M
Total Current Liabilities6.8M7.9M9.8M10.3M10.1M10.6M
Total Stockholder Equity17.9M21.2M25.1M32.6M35.2M37.0M
Property Plant And Equipment Net4.8M5.6M5.1M9.9M13.3M14.0M
Net Debt4.4M3.0M(825.5K)3.0M5.0M5.3M
Retained Earnings2.5M5.4M8.9M15.9M18.1M19.0M
Accounts Payable636.3K558.1K1.3M873.9K2.0M2.1M
Cash3.6M3.5M5.7M6.1M5.0M2.6M
Non Current Assets Total14.9M16.0M15.7M20.6M25.2M26.5M
Cash And Short Term Investments3.6M4.5M6.7M6.8M7.7M8.1M
Net Receivables4.5M5.9M7.1M9.4M9.8M10.3M
Common Stock Shares Outstanding12.1M12.3M12.5M12.5M12.5M13.6M
Liabilities And Stockholders Equity32.4M35.1M39.6M51.6M55.5M58.2M
Inventory9.2M8.4M9.5M14.4M11.1M11.7M
Other Current Assets218.6K302.4K442.2K310.3K1.5M1.6M
Other Stockholder Equity16.4M16.6M17.0M17.5M17.9M14.3M
Total Liab11.9M11.3M11.8M16.3M17.2M18.1M
Total Current Assets17.5M19.0M23.8M31.0M30.2M31.7M
Accumulated Other Comprehensive Income(994.6K)(872.1K)(775.7K)(805.8K)(795.1K)(755.4K)
Common Stock12.2K12.3K12.4K12.4K12.4K13.5K
Common Stock Total Equity11.6K11.7K12.2K12.3K14.1K13.7K
Property Plant And Equipment Gross4.8M5.1M12.8M18.6M23.5M24.7M
Property Plant Equipment4.0M5.6M5.1M9.9M11.4M11.9M
Non Currrent Assets Other18.5K30.8K1.0M8.5K824.3K865.5K
Short Long Term Debt Total8.1M6.4M4.9M9.1M10.0M10.5M
Short Term Debt4.0M3.3M3.2M3.6M3.2M2.1M
Intangible Assets3.0M2.8M2.6M2.4M2.3M2.4M
Current Deferred Revenue213.2K314.3K349.0K387.8K148.3K184.9K
Other Assets2.6M5.6M21.2K274.3K315.4K299.7K
Non Current Liabilities Total5.1M3.4M2.0M6.0M7.1M7.5M
Long Term Debt3.7M3.0M1.6M5.4M6.8M7.2M
Net Tangible Assets11.3M12.4M15.9M20.0M22.9M14.1M
Retained Earnings Total Equity451.6K2.9M2.5M5.4M6.2M6.6M
Long Term Debt Total3.7M3.0M1.6M5.4M6.3M6.6M
Capital Surpluse16.4M16.6M17.0M17.5M20.2M17.7M

Currently Active Assets on Macroaxis

When determining whether Flexible Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flexible Solutions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flexible Solutions International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flexible Solutions International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexible Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flexible Solutions. If investors know Flexible will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flexible Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.667
Earnings Share
0.33
Revenue Per Share
3.046
Quarterly Revenue Growth
0.019
Return On Assets
0.045
The market value of Flexible Solutions is measured differently than its book value, which is the value of Flexible that is recorded on the company's balance sheet. Investors also form their own opinion of Flexible Solutions' value that differs from its market value or its book value, called intrinsic value, which is Flexible Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flexible Solutions' market value can be influenced by many factors that don't directly affect Flexible Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flexible Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flexible Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flexible Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.