Flexible Solutions International Inc 's ROA from the second quarter of 2024 to the second quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Flexible Solutions International Inc 's ROA in the second quarter of 2024?
Flexible Solutions International Inc achieved a return on average assets (ROA) of 6.43 % in its second quarter of 2024, which is below Flexible Solutions International Inc 's average return on assets, which stands at 11.64%.

ROA has improved compared to 5.82% in the first quarter of 2024, due to net income growth.

However, within the Basic Materials sector 68 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2024 quarter, so far to 720, from total ROA ranking in the first quarter of 2024 at 830.

What is ROA?

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Return on Assets ROA▼

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Return on Assets ROA▼

Return On Assets	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter	(Jun 30 2023) II. Quarter
Y / Y Total Assets Change	10.43 %	10.61 %	5.4 %	10.03 %	8.03 %
Y / Y Net Income Change	44 %	-46.48 %	-20.3 %	-	-45.6 %
Net Income (TTM) in million	4	3	4	4	6
Return On Assets (TTM)	6.43 %	5.82 %	6.78 %	7.94 %	11.54 %
FSI's Total Ranking	# 720	# 830	# 836	# 751	# 527
Total Assets (TTM) in million	60	60	57	56	54
Seq. Total Assets Change	-0.38 %	5.64 %	2.48 %	2.4 %	-0.23 %
Seq. Net Income Change	177.49 %	-77.56 %	-	-	3.13 %

FSI's 5 Years Annual ROA >> Back to FSI Management Effectiveness >> Compare FSI ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 15
Sector	# 69
Overall	# 718

Return On Assets Statistics
High	Average	Low
29.44 %	11.64 %	-1.15 %
(Jul 31 2017)		(Oct 31 2017)

Financial Statements
Flexible Solutions International Inc 's Assets	$ 60 million	FSI's Balance sheet
Flexible Solutions International Inc 's Income	$ 1 million	Quarterly FSI's Income Statement
FSI's Income by Division		See FSI's Income by Division

Annual Return On Assets	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	(Dec 31 2020) FY 2020	(Dec 31 2019) FY 2019
Y / Y Total Assets Change	13.59 %	27.98 %	20.58 %	8.36 %	3.8 %
Total Assets in million	62	54	42	35	32
Y / Y Net Income Change	-51.3 %	79.62 %	19.83 %	56 %	-5.14 %
Net Income in million	4	8	4	4	2
Return On Assets	6.11 %	14.25 %	10.15 %	10.21 %	7.09 %

FSI's 5 Years Annual ROA >> Back to FSI Management Effectiveness >> Compare FSI ROA to its Competitors

Comment on FSI's ROA in the fiscal year ending 2023

In the fiscal year 2023 Flexible Solutions International Inc 's ROA decreased compared to previous year to 6.11 %, due to deterioration of net income -51.3 % to $3.76 million, from $7.71 million a year ago, as FSI's assets were $61.51 million.

More Return On Assets Ratios
FSI's' Return on Assets at Yahoo Finance
Chemical Manufacturing Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
FSI's Roa Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for FSI's Competitors
Roa for Flexible Solutions International Inc 's Suppliers
Return On Assets for FSI's Customers

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	FSI's Profitability Ratios	FSI's Asset Turnover Ratio	FSI's Dividend Growth
FSI's Roe	FSI's Valuation Ratios	FSI's Financial Strength Ratios	FSI's Dividend Payout Ratio

Companies with similar Return On Assets at Jun 30 2024, within Basic Materials Sector	ROA
Southern Copper Corp	16.18 %
Wd 40 Company	15.83 %
Newmarket Corporation	15.07 %
Global Clean Energy Holdings Inc	14.50 %
Watts Water Technologies Inc	14.14 %
Cactus inc	13.89 %
Hawkins Inc	13.62 %
Profire Energy Inc	13.56 %
Steel Dynamics Inc	13.52 %
Kimberly clark Corporation	13.44 %
Cardinal Ethanol Llc	12.75 %
Mcewen Mining Inc	12.65 %
Centrus Energy Corp	12.45 %
Apogee Enterprises Inc	11.97 %
Ufp Industries inc	11.96 %
Fmc Corporation	11.79 %
Beacon Roofing Supply Inc	11.77 %
Rex American Resources Corporation	11.08 %
Reliance Inc	10.84 %
Franklin Electric Co Inc	10.81 %
Csw Industrials Inc	10.77 %
Weatherford International Plc	10.67 %
Boise Cascade Company	10.67 %
Karat Packaging Inc	10.13 %
Century Aluminum Company	9.85 %
Janus International Group Inc	9.83 %
Parker hannifin Corporation	9.63 %
Bhp Group Limited	9.38 %
Clearwater Paper Corporation	9.36 %
Howmet Aerospace Inc	8.93 %

Date modified: 2024-10-01T09:09:13+00:00

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