Investment Thesis
Flushing Financial exhibits critical operational distress with negative operating cash flow (-$8.9M) and negative free cash flow (-$9.7M), indicating the business burns cash from core operations. The interest coverage ratio of 0.1x reveals inability to service debt from operating income, while ROE of 0.8% and ROA of 0.1% are severely below banking sector norms, suggesting fundamental profitability deterioration.
Strengths
- Substantial $8.9B asset base provides established market footprint
- Debt/equity ratio of 0.00x indicates conservative balance sheet leverage
- Net income grew 2.7% YoY despite operational challenges
Risks
- Negative operating cash flow of -$8.9M reveals unsustainable operational cash burn
- Interest coverage of 0.1x indicates inability to cover interest expenses from operating income—critical solvency concern
- Extreme 98.4% revenue collapse and profitability ratios >300% suggest severe operational stress or data integrity issues requiring urgent clarification
Key Metrics to Watch
- Operating cash flow trend and return to positive generation
- Interest coverage ratio path toward 1.5x+ safety threshold
- Net interest margin (NIM) and return on equity recovery toward 10%+ banking peer norms
Financial Metrics
Revenue
1.9M
Net Income
5.8M
EPS (Diluted)
$0.17
Free Cash Flow
-9.7M
Total Assets
8.9B
Cash
158.7M
Profitability Ratios
Gross Margin
N/A
Operating Margin
438.6%
Net Margin
312.3%
ROE
0.8%
ROA
0.1%
FCF Margin
-518.1%
Balance Sheet & Liquidity
Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
92.1%
Interest Coverage
0.12x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-05-12T07:07:56.090049 |
Data as of: 2026-03-31 |
Powered by Claude AI