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Flexible Solutions International FSI Allowance for Doubtful Accounts

Allowance for Doubtful Accounts at other companies

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Other financials

Income statement

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Revenue$8.3M+11.0%
Gross profit$1.9M-3.2%
Operating income-$86.0K-24.3%
Net income-$241.4K+13.1%
EPS (diluted)-$0.020.0%

Balance sheet

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Cash & equivalents$5.8M-39.6%
Total debt$8.5M+4.8%
Total equity$38.8M+1.0%
Total assets$63.9M+3.6%

Cash flow

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Operating cash flow-$1.8M-234%
CapEx$2.2M+531%
Free cash flow-$4.1M-351%

Valuation

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Market cap$84.83M+40.0%
Enterprise value$87.55M+47.6%
P/E61.3×+41.4×
P/S2.2×+0.5×

Profitability

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Gross margin31.7%-2.2pp
Operating margin11.7%-1.2pp
Net margin3.5%-2.8pp
FCF margin-9.5%

Returns & leverage

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Return on equity3.6%-2.6pp
Debt / equity0.2×0.0×
Current ratio2.6×-0.2×

Where this comes from

Reported directly by Flexible Solutions International in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables.

The official record: Flexible Solutions International’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flexible Solutions International's allowance for doubtful accounts?
Flexible Solutions International (FSI) reported allowance for doubtful accounts of $289.25K in Q1 2026.
How has Flexible Solutions International's allowance for doubtful accounts changed year-over-year?
Flexible Solutions International's allowance for doubtful accounts increased by 0.7% year-over-year, from $287.13K to $289.25K.
What is the long-term trend for Flexible Solutions International's allowance for doubtful accounts?
Over 5 years (2020 to 2025), Flexible Solutions International's allowance for doubtful accounts has grown at a 1.3% compound annual growth rate (CAGR), from $271.44K to $288.85K.
What does allowance for doubtful accounts mean?
This is a contra-asset account representing the estimated portion of accounts receivable that the company does not expect to collect from customers. It reflects management's assessment of credit risk and the historical collectability of trade receivables. An increasing trend relative to total receivables may signal deteriorating customer credit quality or broader economic headwinds.